{
  "id": 12040547,
  "title": "Domestic Production Critical To Economic Resilience, Says Dangote",
  "url": "https://urgent.news/2026/10/05/domestic-production-critical-to-economic-resilience-says-dangote",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-05T00:42:57.000Z",
  "source": {
    "name": "This Day",
    "slug": "this-day",
    "url": "https://www.thisdaylive.com/2026/10/05/domestic-production-critical-to-economic-resilience-says-dangote/"
  },
  "original_language": "en",
  "account": "The Dangote Group has emphasized the importance of domestic production for enhancing Nigeria's economic resilience, as reported by a press statement from the group's Corporate Affairs Unit. Speaking at the Dangote Special Day during the Abuja International Trade Fair, Mr. Abdullahi Bello Danmusa, the Group General Manager, highlighted that taxation is a crucial element of national development and that the Group is a major contributor to government revenues. Mr. Danmusa also stressed the importance of trade when supported by strong domestic productive capacity, stating that no country can achieve lasting resilience by excessively relying on imports that it has the ability to produce domestically.\n\nThe Dangote Group's commitment to industrialization is evident in its investments across various sectors, such as cement, sugar, salt, seasoning, packaging, fertilizers, petrochemicals, and petroleum refining. Mr. Danmusa explained that by strengthening domestic manufacturing capacity, the country can deepen economic activity, generate employment, support local enterprises, and decrease excessive dependence on imported products.\n\nProf. Adebisi Adesugba, the First Deputy President of the Abuja Chamber of Commerce and Industry (ACCI), echoed the Group's sentiments, praising Dangote Industries for its contributions to Nigeria's economic development. Adesugba highlighted the longstanding partnership between Dangote and the Chamber, which not only showcases the importance of responsible corporate participation in promoting commerce, investment, and entrepreneurship but also demonstrates the significant impact of strategic investments in sectors such as cement, fertilizers, agriculture, refining, and petrochemicals. He noted that these investments have enhanced domestic productive capacity, created employment opportunities, reduced reliance on imports, and bolstered foreign exchange generation.\n\nThe Dangote Special Day, part of the ongoing Abuja International Trade Fair, gathered business leaders, government representatives, investors, exhibitors, entrepreneurs, and other stakeholders to discuss vital issues surrounding taxation, trade, industrialization, investment, and domestic production, all contributing to Nigeria's broader economic prospects.",
  "summary": "Ibrahim Oyewale in LokojaThe Dangote Group has reaffirmed the critical role of domestic production in strengthening Nigeria’s economic resilience. This was contained in a press statement issued by the Corporate",
  "key_points": [
    "Domestic production crucial for Nigeria's economic resilience",
    "Dangote Group emphasizes taxation as key to national development",
    "Group's investments boost domestic productive capacity and employment"
  ],
  "editors_take": "The Dangote Group's push for domestic production highlights the role of industrialization in deepening economic activity, generating employment, and reducing reliance on imports, a strategy seen as key to Nigeria's economic resilience.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}