Dangote Advices African Leaders To Abolish Restrictive Visa Process To Attract More Investments

The president of the Dangote Group, Aliko Dangote, has urged African leaders to review their visa procedures and tariff regimes so that Africa can attract more investments.

The review, according to Dangote, would remove unnecessary barriers to intra-African trade and guarantee real growth and foreign direct investment to the respective countries.

Discussing with some international business leaders and Nigerian business owners from the Lagos Business School (LBS) at his multi-billion dollars’ refinery site in Ibeju-Lekki, Lagos, recently, Dangote said African leaders must make a conscious effort to break down the barriers and borders between countries so as to allow free flow of goods, services and people.

Describing the refinery as the largest single-train petrochemical facility in the world, Dangote said the crude oil processing factory was designed to refine 650,000 barrels per day. 

He added that he was building Africa’s largest urea plant to produce three million tons of fertilizers yearly.

Dangote also harped on diversification as the major solution to the unemployment challenges the nation is facing. 

“When there are no jobs, people get frustrated, and I can tell you that the Boko Haram insurgency is a product of frustration. The way to go is diversification. 

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