By Naomi Uzor

LAGOS—Group Executive Director of Dangote Group, Engr. Ahmed Mansur, has  said that the diversification agenda of the Federal Government has put the economy on the right trajectory for growth after recently exiting recession.

Mansur who represented the President  of Dangote Group, Alhaji Aliko Dangote made this known  at the Dangotes’ special day at the ongoing Lagos International Trade fair.

He stated that subsidiaries of the leading African multi-national are at the Trade Fair with intent to further consolidate on their leadership in their various sectors by adding more value to their customers through provision of wide ranging products tailored to meet the specific ever changing needs of the consumers.

He said the group has been committed to diversification of the economy which is important as relying on one resource over others is wrong.

“Dangote’s commitment to diversify economy is why it is in the extractive business like cement,sugar,salt,flour, agricultural products and recently into oil and gas. We are committed to diversification as it is what the African society needs, to take our basic endowments and add value to it for economic growth as economic growth is a result of value addition”

Also, speaking the president of Lagos Chamber of Commerce and Industry (LCCI), Mrs Nike Akande, in her speech appreciated the  Dangote group for its commitment towards the growth of the economy through diversification.

“We are committed to working with the government to add value to every commodity from our brand which is why we are in 12 different countries in Africa and we are opening another branch in another country by next week.”

He said their mission in the next five to ten years  is not only to be the largest brand in Africa but to be in the top 20 companies of the world.

Also, speaking the president of Lagos Chamber of Commerce and Industry (LCCI), Mrs Nike Akande, in her speech appreciated the  Dangote group for its commitment towards the growth of the economy through diversification.