Through their different initiatives, the Dangote Group, Sundry Food Limited, Access Bank Corporation, and United Bank for Africa (UBA) have committed to keep boosting the country’s economy and generating jobs.
The companies pledged to continue devoting resources to have an impact on their host communities and the Nigerian society through job creation and citizen wellbeing while speaking as major sponsors of the Association of Business Editors of Nigeria (ABEN) Annual Workshop on “Infrastructure Financing” on Wednesday in Ikeja, Lagos.
Dangote Group, on the other hand, was represented by a three-person team that included Esan Sunday. The Corporate Communications Department’s Okey Nwankwo and Francis Awowole Brown highlighted the company’s accomplishments in manufacturing, cash crop production, food processing, and most recently oil and gas businesses. They pointed out that these investments in the Nigerian economy have raised the social and economic standards of its workforce by creating jobs in host communities and elsewhere. According to the firm, each of these increased the country’s Gross Domestic Product (GDP).
The company said that by exporting its cement goods, it is assisting the nation in producing more foreign currency.
The business stated that its actions are focused toward the Group and its subsidiaries continuing to generously reward shareholders through higher dividend payout, thereby offering them good returns on their investments, and that this will further strengthen the profitability of the Dangote Group.
Earlier, Ebele Enunwa, the managing director of Sundry Foods Limited, who was represented by Mr. Jubril Shoaga, the company’s general manager for the Lagos Region, bemoaned the challenging business environment that is affecting business growth across the nation, and he vowed that Sundry Foods would continue to pursue its growth trajectory despite the difficulty to become a significant player in the food and service industry.
He also urged the government to address the issue of multiple taxes that are currently hindering Small and Medium Enterprises across the nation, highlighting the fact that this continues to act as a deterrent to entrepreneurs who are already finding it difficult to secure funding for business expansion and growth.
Similar to this, the United Bank for Africa’s (UBA) Group Head for Media and External Relations, Mr. Nasir Ramon, revealed that the bank has improved delivery contact points in step with changes in the global economy, with its services now being driven by technology and branch expansion.
He claimed that the bank was able to increase financial inclusion by integrating the financially excluded into the banking system through its services.
He also emphasized how the bank has provided financial assistance to several Micro, Small, and Medium-Sized Enterprises (MSMEs) so they can either launch new firms or grow their current ones, and he pledged to keep up this trend.
Speaking on behalf of Access Bank Corporation, Mr. Abdul Imoyo, Head of Media and External Relations, revealed that the bank recently adopted a holding company structure in order to become a financial hub where customers can access banking services as well as other financial support services like insurance, pension, asset management, trustee services, among others.
According to him, the bank will continue to step up its aggressive campaign to reach more people on both the African continent and the world arena by offering additional products and services.
