Grenada Prime Minister Dickon Mitchell Lauds Dangote Refinery as Crucial for Developing Nations

Written on 11/10/2024
The Will News

Prime Minister of Grenada, Dickon Mitchell, hailed the Dangote Petroleum Refinery and Petrochemicals as a monumental investment in industrialization and manufacturing, crucial for the economic advancement of developing nations.

Speaking as the chairman of the Caribbean Community (CARICOM), Mitchell emphasized the importance of such projects in fostering industrial growth in emerging economies.

His statement highlights the potential of the Dangote Refinery to serve as a model for industrial development across Africa and beyond, especially in countries looking to boost manufacturing capacities.



Speaking on Thursday, during his tour of the Dangote Petroleum refinery and Petrochemicals complex in Ibeju Lekki, Lagos, Mitchell noted that through the investment, Africa and developing countries can reverse the cycle of exporting raw materials while importing finished products from developed countries.

“This investment is a tribute to Dangote and his remarkable vision. It is the first of its kind in Nigeria and Africa, symbolizing what the developing world needs: significant investment in industrialization and manufacturing. This is an incredible achievement and a testament to Mr Dangote’s vision, not just for his company, but for Nigeria and Africa as a whole.

“Dangote exemplifies what an African leader should be. We need not just political leaders, but business leaders who are willing to invest in Africa, particularly in manufacturing and industrialization. We must ensure that we don’t continue to export our raw materials to the developed world, where they can be turned into sophisticated products and sent back to us. We need to reverse that cycle; it is the only way to grow the wealth of Africa and the developing world. Additionally, we need to support this with training and invest in job opportunities”, he said.

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