Africa’s Richest Man Aliko Dangote Promises 300k Jobs From His Sugar Company

Africa’s richest man Aliko Dangote has announced that his multimillion-dollar investment through his sugar business, Dangote Sugar Refinery Plc (DSR), will create no less than 300 000 jobs in Nigeria, according to Billionaire Africa.

Speaking at the flag-off ceremony for the 2022–2023 Crushing Season and Outgrower Scheme Awards in Numan, Adamawa State, Dangote said the new employment opportunities will include both direct and indirect jobs. He is quoted as saying:

We are making a massive investment in Adamawa State through expansion of our refining capacity; with this investment, DSR will be able to create about three hundred thousand jobs, direct and indirect, with positive multiplier effects on the economy nationwide.

This statement comes nearly a week after he committed more than $700 million to expand the operation of the Dangote Sugar Refinery business.

With 300 000 jobs generated, the Dangote Group, a manufacturing conglomerate owned by Aliko Dangote, will be the second-largest employer of labor in Nigeria, behind only the Nigerian government.

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