Tinubu Congratulates Aliko Dangote on World Bank Appointment

Nigerian President Bola Tinubu has extended his congratulations to Aliko Dangote, the renowned businessman and president of Dangote Group, following his recent appointment to the World Bank’s Private Sector Investment Lab. The announcement, made on April 24, 2025, recognizes Dangote’s significant contributions to the business world and his impact on job creation in emerging markets.

The World Bank’s Private Sector Investment Lab aims to boost job creation and attract private investment to support economic growth in developing countries. Dangote, whose business empire spans industries such as cement, fertilizer, salt, sugar, and oil, joins a prestigious group of global business leaders in this important initiative. Among them are Bill Anderson, CEO of Bayer AG, and Sunil Bharti Mittal, chairman of Bharti Enterprises.

In a statement released by Bayo Onanuga, Special Adviser to the President on Information and Strategy, Tinubu described Dangote’s appointment as “well-deserved,” highlighting his decades of experience in strategic investments and his ongoing efforts to generate employment opportunities through the Dangote Group. Tinubu further praised Dangote’s leadership in overseeing the $20 billion Dangote Petroleum Refinery and Petrochemicals project, Africa’s largest private sector investment.

The President urged Dangote to apply his vast expertise and innovative strategies to his new role, with hopes of driving meaningful change and fostering economic development in emerging markets around the globe.

This recognition underscores Dangote’s role as a leader in Africa’s private sector and reflects his continued commitment to advancing the continent’s economic growth.