Monday 20 May 2013

Dangote Cement Records N52b Profit Returns For Q1

The Minister of  Trade and Investment, Olusegun Aganga, has declared that there is nowhere in the world anyone would get the level of returns that is gotten in Nigeria, just as he revealed that Dangote Cement is declaring about N52 billion for Q1 result in profit returns.
Speaking on Channels Television’s Business Morning, the Minister maintained that the nation’s economy is now attracting investments that are creating jobs rather than exporting jobs, thereby leading to the industrialisation of the country.
On what the federal government is doing to address the high interest rate in Nigeria compared to other nations the country has signed free trade agreements with, the Minister revealed that the federal government is about to restructure the Bank of Industry (BOI) with the recent approval of some additional sum by President Jonathan to re-capitalise the BOI and Bank of Agriculture.

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