Nigerians on social media have taken turns to commend the President of Dangote Industries Limited, Mr Aliko Dangote, following his “no power (electricity), no growth, no prosperity” comment.
Mr Dangote, in an explosive speech at the Manufacturers’ Association of Nigeria (MAN) Summit in Abuja on Tuesday, titled ‘Rethinking Manufacturing in Nigeria’, stated among other issues that “Import dependence is equivalent to importing poverty and exporting jobs; no power, no growth, no prosperity; similarly, no affordable financing, no growth, no prosperity and there is no industrialisation without protection.”
READ MORE: CBN’s 26% interest rate stifling growth, Dangote laments
In reactions to what many Nigerians considered a bold statement from a giant investor and stakeholder, an X user with the username Udufirstson stated that “the foundation of development is built on electricity; no nation can progress without power. However, Nigerians prioritise tribalism over confronting evil.”
Nwandu said: “Baba put your money where your mouth is. Lobby for favourable energy policies, and invest in power infrastructure.”
READ MORE: Oil refiners back Dangote, decry IOCs’ alleged sabotage
Mustapha Salaha, like Nwandu, advised, “That is the more reason why we need you within the power sector. We’re inviting you to please come and explore the opportunities within the power industry for growth and prosperity.”
Adekanbi Riliwan added that “power is a major key to sustainable development and economic growth in any nation.”
Nura Tasiu described Mr Dangote’s statement in two words as “absolutely accurate.”
READ MORE: Dangote Refinery fire raises concern over PMS production delay
Donald encouraged more investors to speak up, stating, “Aliko, how I wish you have been speaking up this way for a very long time. But it’s okay, keep it up.”
Seyi Stevens declared that “If any government in Nigeria can fix electricity to 100 per cent, it has solved over 50 per cent of the economic problems. This is a clear fact. Nigerians are very hardworking people and ready to work in any system that has basic infrastructure.”
Dangote’s remarks have struck a chord with many, emphasising the critical need for reliable electricity to drive Nigeria’s economic development. His comments have sparked a broader discussion on social media, with many urging him to take a more active role in the power sector to help bring about the changes he advocates.
As the dialogue continues, it is clear that the issues of power supply, economic growth, and industrial protection remain at the forefront of the national agenda, with Dangote’s influence and leadership seen as pivotal in addressing these challenges.
The post Nigerians praise Dangote’s bold speech on power crisis appeared first on Guardian Nigeria News.