Anna OkonThe President, Dangote Group, Aliko Dangote, has said that his company’s Corporate Social Responsibility initiatives have commenced in Mfila, Congo Brazzaville, where it just opened a $300m, 1.5 million-metric-tonne capacity cement plant. The cement magnate declared that $1.2m had also been given as loan to aid the country in completion of a bridge. He reiterated that with local cement production, Nigeria had saved over $3bn annually from the importation of the product. Buhari stated, “Also by successfully substituting import with local production, we have saved about $3bn spent on cement importation into Nigeria annually. Describing the Dangote Cement brand and Dangote himself as worthy ambassadors of Nigeria, Buhari urged other African business owners to emulate him and invest on the continent.

Source: Punch November 24, 2017 23:03 UTC