President/Chief
Executive Officer, Dangote Group, Aliko Dangote, has urged the government to
begin the production of petroleum products for export as part of strategies to
diversify the nation’s export base.
He made the call
in a keynote address he presented at the 9th All Nigerian Editors’ Conference
in Asaba, Delta State.
Dangote, who was
represented by his Chief of Staff, Joseph Makoju, spoke on ‘Nigeria beyond
oil’.
He said with the
discovery of crude oil in many African nations, the fall of oil prices in the
international market, and the exploration of alternative sources of energy such
as shale oil, the nation should seek ways of enhancing its economic
sustainability.
One of the
strategies he identified was refining and production of diverse petroleum
products for export.
With the creation
of industries dedicated to the production of petroleum-based products, Dangote
said conscious efforts should be made by the government and stakeholders to
create a demand for the products in both the local and international markets.
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