No power, no growth, Dangote warns government
Aliko Dangote has called for immediate action from the Nigerian government to address the country's electricity crisis, which threatens industrial growth and economic development.
Aliko Dangote, President of Dangote Industries Limited, has sharply criticized the Nigerian government for failing to address the country's persistent electricity crisis, which he believes could jeopardize Nigeria’s industrialization efforts. Speaking at the launch of the National Industrial Policy 2025 in Abuja, Dangote emphasized the necessity for a national retreat to tackle the widespread power outages that are detrimental to economic growth.
The backdrop of Dangote’s appeal is a weak manufacturing sector struggling with high production costs, insufficient electricity supply, and infrastructure deficits. These issues have significantly hindered industrial productivity and have contributed to Nigeria's heavy reliance on imports, thus making the economy vulnerable. The National Industrial Policy, launched to improve productivity and bolster Nigeria's industrial future, underscores the urgency of these challenges.
Dangote's remarks were made at an event that gathered high-ranking government officials, industry leaders, and international development partners, demonstrating the critical intersection of policy and business. His call for stable electricity in Nigeria represents a pivotal moment for engagement between the government and the private sector in addressing fundamental infrastructure issues that could either drive or stall economic progress in the years to come.