NewStats: 3,264,172 , 8,182,863 topics. Date: Tuesday, 10 June 2025 at 02:16 AM q3r3a

Dangote polypropylene production will revive textile industry, save Nigeria $267m — MAN

The Manufacturers Association of Nigeria (MAN) has stated that the production of polypropylene by the Dangote Petroleum Refinery & Petrochemicals will revive Nigeria’s struggling textile industry and save the country $267 million in import costs.

In an interview on the Channels Business Incorporated Programme, the Director-General of MAN, Segun Kadir-Ajayi, highlighted the struggles of the textile industry, which was once thriving and employed over 25,000 workers aged between 18 and 40 in the northern region alone. He explained that many companies have been forced to shut down due to the absence of local polypropylene production and the scarcity of foreign exchange required for imports.

He further stated that the production of polypropylene by Dangote Refinery and Petrochemicals will ensure that Nigeria, which currently imports 90% of its annual polypropylene requirements (amounting to 250,000 metric tonnes), will now become a net exporter, generating foreign exchange to strengthen the economy.

“For us in the manufacturing sector, this is a welcome development. It more than covers the 250,000 metric tons that constitute our national demand, which has been severely lacking. You can imagine the sectors it will impact—the textile industry, the plastic industry, the furniture industry. We are looking at an amount in the region of $267 million being saved. This is the amount spent every year in scarce dollars to import these materials. It is a welcome development for manufacturers, as it will incentivize investment in the sector,” he said.

Dangote’s $2 billion Petrochemical Plant in Ibeju-Lekki, Lagos, is designed to produce 77 grades of polypropylene. With a capacity of 900,000 metric tonnes per year and a turnover of $1.2 billion, it aims to meet the growing demand in plastic processing industries both in Africa and globally. The plant is expected to boost investment in downstream industries, create jobs, increase tax revenues, reduce foreign exchange outflow, and contribute to the country’s GDP growth.

https://www.vanguardngr.com/2025/03/dangote-polypropylene-production-will-revive-textile-industry-save-nigeria-267m-man/

This is a great development for the economy.

Dangote is truly a game changer.

All the best

Great news

That $267m savings is just the beginning.

When Dangote starts exporting, that will be another huge foreign exchange inflow.

Truly, this is a game changer for Nigeria.

Nice one

This is absolute good news like button.

Islie:
Dangote polypropylene production will revive textile industry, save Nigeria $267m — MAN



https://www.vanguardngr.com/2025/03/dangote-polypropylene-production-will-revive-textile-industry-save-nigeria-267m-man/

Provided Nigeria govt would allow him to function.

Dango my second boi is doing well

Way to go, we need more refineries

Many a times, when you hear news like this, a glimmer of hope is born; but, after a while when reality sets in, the hope becomes dashed.

Before Dangote refinery began operations, everyone thought there was light at the end of the tunnel with regard to our economy. Today, the refinery has begun full capacity operations, yet we are still where we were.

I pray things change though!

Why is it that some people would not be happy with this development?

Tired of the word “will”

what if dangote relocate all his industries abroad

🫤

GREAT

Commentor:
Why is it that some people would not be happy with this development?

Morafvckers are hate filled! Why God had to banish them from heaven.

Commentor:
Why is it that some people would not be happy with this development?

This stupid mindset will also .

Dangote go into power

Islie:
Dangote polypropylene production will revive textile industry, save Nigeria $267m — MAN



https://www.vanguardngr.com/2025/03/dangote-polypropylene-production-will-revive-textile-industry-save-nigeria-267m-man/

if this is available in the market, how can i buy and how much

Hemanwel:
Many a times, when you hear news like this, a glimmer of hope is born; but, after a while when reality sets in, the hope becomes dashed.

Before Dangote refinery began operations, everyone thought there was light at the end of the tunnel with regard to our economy. Today, the refinery has begun full capacity operations, yet we are still where we were.

I pray things change though!

That’s because you have unrealistic expectations.

Dangote never promised anybody cheap fuel. In fact there is no cheap fuel anywhere in the world except the government subsidies it.

That's if the government gives him befitting ..

Not all these hide and seek crude for Naira deals

After this the government will sabotage the effort for selfish interests

tundegan:
This is a great development for the economy.

Dangote is truly a game changer.

if your Tinubu will allow him see road

dogo568:
Dangote go into power

The same Nigerians will start shouting monopoly, monopoly, monopoly......
Dangote should focus on generating power in Lagos only , and some other neighbouring African countries......

Sleekfingers:



The same Nigerians will start shouting monopoly, monopoly, monopoly......
Dangote should focus on generating power in Lagos only , and some other neighbouring African countries......

Lol. So Lagos no de shout monopoly

Dangote deserve Government respect at all levels. Imagine if He never existed, how would Nigeria economy look like

Do not buy Assassins creed shadows from sosogames or any game seller, except you are gay and want to their evil agenda!!!!

This is why alot of other game sellers have refused to sell this game, do not be like them! say no to homosexuality! in this holy month of Ramadan one must stand for what is right!!

Still on page one after an hour. POLYPROPYLENE production can actually employ far more people than the refinery can if we build a vibrant CAD and CAM industry for small household items around it. Imagine production of kitchen utensils, plastic reinforced or pure furnitures, electronics cases, manual devices, medical kits and more.

Hemanwel:
Many a times, when you hear news like this, a glimmer of hope is born; but, after a while when reality sets in, the hope becomes dashed.

Before Dangote refinery began operations, everyone thought there was light at the end of the tunnel with regard to our economy. Today, the refinery has begun full capacity operations, yet we are still where we were.

I pray things change though!

Government criminals will not allow us enjoy the benefits.

dogo568:


Lol. So Lagos no de shout monopoly

Not like other states ....

.mind you Lagos has the market.....compare to other states . ......so his focus should be on Lagos .....

No it can't revive it. It's only contribute to a fraction on it.