Replicate Dangote-Scale Industrialists Across Sectors To Hit $1tn Economy – Expert

Leadership News | 12-09-2026 05:09pm |

The Group Managing Director of Sujimoto Group, Dr. Sijibomi Ogundele, has said Nigeria's path to a $1 trillion economy target lies in replicating Dangote-scale industrialists across strategic sectors. Ogundele said the country needs champions in steel, agriculture, technology, pharmaceuticals and manufacturing to convert capital into factories, jobs and exports, rather than more billionaires on a wealth list. He stated this as Dangote Refinery prepares for Africa's record N2.15 trillion Initial Public Offer (IPO), with shares offered to the public at N525 each and a minimum subscription of 10 shares. Ogundele said Dangote's achievement extends beyond the refinery to the scale of possibility it has forced the continent to accept.

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