By Peter Omopo
Abuja, April 30, 2025 — President Bola Tinubu has congratulated the Chairman of the Dangote Group, Alhaji Aliko Dangote, on his recent appointment to the World Bank’s Private Sector Investment Lab, describing it as a fitting recognition of his contributions to economic development.
In a statement released Wednesday by his Special Adviser on Information and Strategy, Bayo Onanuga, President Tinubu praised Dangote’s new role on the global advisory body, which aims to boost private investment and job creation in emerging economies.
The President noted that the objectives of the Investment Lab align closely with the aspirations of Nigeria and other developing nations seeking to leverage private sector growth to drive economic transformation.
Highlighting Dangote’s business acumen and far-reaching impact, Tinubu said the industrialist’s achievements — including the rise of the Dangote Group as one of Africa’s foremost conglomerates — made him an exemplary figure for the role.
“President Bola Tinubu congratulates Alhaji Aliko Dangote, the President of Dangote Group, on his appointment to the World Bank’s Private Sector Investment Lab, a body tasked with promoting investment and job creation in emerging economies,” the statement read.
He further commended Dangote’s legacy of innovation, job creation, and strategic investments, particularly referencing the $20 billion Dangote Refinery project in Lagos, widely regarded as the largest private-sector initiative in Africa.
President Tinubu described the appointment as a testament to African entrepreneurship and a signal of growing global confidence in the region’s private sector leadership.