Otedola rallies support for Dangote amid faceoff with authorities

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Otedola rallies support for Dangote amid faceoff with authorities
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Earlier on Tuesday, Akinwunmi Adesina, the African Development Bank’s chief, similarly extolled the president of Dangote Group, in a statement he circulated to some influential Nigerians, also posted on X by Mr Otedola.

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“In Nigeria, we have our own titans, and it is imperative that we recognize and support them. Aliko Dangote has broken every boundary in worldwide business and industry,” he said.“Supporting local champions like Dangote is crucial for our national development and economic independence. Let us continue to foster and support these visionaries who drive our nation’s progress.”

Mr Dangote’s monumental oil refinery, built on a peninsula in Lagos, kicked off operations in January with the goal of meeting all of Nigeria’s fuel needs, while still having excess to supply to some other African markets from its output.PREMIUM TIMES delivers fact-based journalism for Nigerians, by Nigerians — and our community of supporters, the readers who donate, make our work possible. Help us bring you and millions of others in-depth, meticulously researched news and information.

“The Dangote Group often pays more in taxes than the top banks combined. If not for him, we would still be importing cement,” Mr Otedola said in his post. Countries in the nascent stages of industrialization require visionary leaders. This is why it’s no surprise that the United States was built by the vision and tenacity of a few remarkable individuals—Cornelius Vanderbilt, John D. Rockefeller, Andrew Carnegie, J.P. Morgan, and Henry Ford—THE MEN WHO BUILT America’s industrial landscape. These men left the world without these assets but left behind a legacy that has kept their country thriving generation after generation.

In Nigeria, we have our own titans, and it is imperative that we recognize and support them. Aliko Dangote has broken every boundary in worldwide business and industry. His contributions are not just a testament to his brilliance but a beacon of what is possible when vision meets opportunity. Supporting local champions like Dangote is crucial for our national development and economic independence. Let us continue to foster and support these visionaries who drive our nation’s progress.

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