As part of its restructuring process for greater market share, Dangote Flour Mills has reopened its plant in Kano State and plans to spend additional N10 billion on it.
Speaking at the commissioning of the plant, President/CEO, Dangote Industries Limited, Aliko Dangote, assured stakeholders that the mill is back for production.
“So we decided to seek ways to ensure that these jobs are secured by injecting about N10 billion into the business,” he said.
Dangote also stated that “Our return to Kano is actually a sign of good things to come and it is our hope that by this move, we will create thousands of employment in the state and not just in flour, but other products.’’
According to him, “I will like to assure you that we are back for good and we will never close this mill again. It has always been my desire to increase our investments in Kano. We are also looking forward to venturing into farming were we can create a lot of jobs and I think this flour mill will help us achieve this feat.
“Kano is very strategic because most of our products, be it flour, sugar and pasta enjoy a lot of patronage and support. I want to announce that we have successfully re-engineered Dangote Flour Mill so as to meet the emerging challenges in the market place and also the ever changing demands of our esteemed and loyal consumers.
“We decided to make this investment in November when Tiger Branded Consumer Goods left the country and we do not want over 3,000 jobs to be lost. You can imagine these people going back to the job market in Nigeria. So we secured these jobs by injecting about N10 billion into the business.
“Our return to Kano is actually a sign of good things to come and it is our hope that we
create thousands of employment not just in flour but in other products. Very soon, we will start growing wheat in Kano, I want to assure our customers that we will continue
to support you with the things needed to make your businesses a lot easier and more profitable.
“I am looking forward to supporting the entire team to make sure that the company surpasses its target of 900,000 metric tonnes of wheat yearly. I assure you that with our new board, this company will definitely excel with or without my presence,” he added.
The State Chairman, Dangote Flour Mills Plc, Ighodalo Asue, noted that Kano remains one of the firm’s biggest markets and the management is happy to reinvigorate the plant.
“We bought back Dangote Flour Mills from Tiger Branded and with this move, it means that we have a stronger, better sophisticated and more focused Dangote Flour Mills. Since the takeover, we have taken a lot of steps to reposition the company through expansion to drive growth. We are also using this medium to restate our commitment to increase our shareholders value and our dear customers.
‘‘Let me assure you that we will continue to invest in the state and other parts of the country and even beyond Nigeria because we believe in job and wealth creation. It is our hope that our return to Kano will create more job opportunities and impact
positively on the economy of the state.
“I commend Dangote for his investment in Dangote Flour Mills. A few months ago when Tiger Branded Company was going to leave the country, it appeared that the fate of the
company was in jeopardy, but Dangote’s decision to buy it has saved the jobs of about 3,000 employees and the shares of over a million shareholders. More importantly, the
multiplier effect of his investment in the country is immeasurable,” he said.
Group Chief Executive Officer, Dangote Flour Mills, Thabo Mabe, said: “We are using this opportunity to thank our loyal customers and distributors for their patience and understanding during our challenging moments. We have fully repositioned as a company to serve you better and to say we are here for the long hull. We do not only create jobs for people but provide a lot of incentive to customers to encourage them grow their businesses.
“As customers, you are critical stakeholders in our business and we will ensure that your needs are fully met. We will continue to count on your support as we also move to grow our market share in the industry. It is my hope that we continue to impact positively on your business and the economy at large.”
Eight distributors recieved vans, ten got tricycles, while every distributor who attended the event went home with a Dangote Flour Mills branded refrigerator.

READ ALSO  Gunmen invade election tribunal in Benue