President of Dangote Group, Aliko Dangote, has said there are better days ahead for the business community in Nigeria, despite the elections ongoing in the country. Dangote, who spoke on a Channels Television programme in Lagos, yesterday, said there was a lot happening in Nigeria, adding that elections did not deter his companies from investing […]
Read More
Infrastructure Concession Regulatory Commission, ICRC, and Dangote Group, yesterday, advised the Federal Government to hands off the running of the country’s refineries and instead concession the facilities, allowing private sector participation. Speaking at the just concluded Nigeria International Petroleum Summit, NIPS, in Abuja, yesterday, Director-General of the ICRC, Mr. Chidi Izuwah, said the future of […]
Read More
The Aliko Dangote Foundation recently launched a major philanthropic programme in Zamfara State, where it doled out food items running into several millions of naira to support victims of insurgency. Group Executive Director, Government and Strategic Relations, Dangote Group, Mansur Ahmed, who presented the food items on behalf of the Group President, Aliko Dangote, said […]
Read More
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has described the $9 billion Dangote Refinery and the fertiliser plants, which are under construction at the Lekki Free Trade Zone, as transformational projects for Nigeria. Emefiele said this at the weekend during a facility tour of the project site in Epe, Lagos. […]
Read More
The Presidency said Alhaji Aliko Dangote, who is not a card-carrying member of the All Progressives Congress (APC), cannot, and is not a member of the party’s Presidential Campaign Council (PCC) as erroneously announced on Friday. Mr Femi Adesina, the Special Adviser to the President on Media and Publicity, made the clarification in a statement […]
Read More
The President of the Dangote Group, Aliko Dangote, has stated that the current efforts of the federal government at diversifying the economy remains the viable solution to creating a healthy economy. Dangote who was speaking at the weekend, during a meeting with some business men from Asia, in Lagos said it was because of his […]
Read More The President, Dangote Group, Aliko Dangote, has said the revenue of his group of companies will hit $30 billion by 2020, The Cable reported on Thursday. The multi-billionaire, while speaking at the Africa Investment Forum in Johannesburg, South Africa, noted that the progress being made by the Dangote Group was as a result of the […]
Read More The oil refinery being built in Lagos by Dangote Group is unlikely to start production until 2022, two years later than the target date. Reuters quoted sources with direct knowledge of the matter as saying this in a report on Friday. The 650,000 barrel per day refinery, set to be Africa’s biggest, is expected to […]
Read More Africa’s richest man, Alhaji Aliko Dangote, yesterday, lamented that Nigeria currently spends about N1.5 trillion annually on importation of food, saying it puts heavy pressure on the country’s foreign exchange. The business tycoon said this at the 3rd Eminent Persons Business lecture entitled: ‘A case for backward integration’, and commissioning of multi-million naira Aliko Dangote […]
Read More The President and Chief Executive, Dangote Group, Aliko Dangote, on Wednesday said that Nigeria had not taken advantage of its huge population for economic growth, wondering why local content was being relegated while relying heavily on importation of goods and services. Dangote, who was represented by Group Executive Director, Dangote Group, Ahmed Mansur, spoke on […]
Read More For their continued loyalty, the management of Dangote Cement Plc, at the weekend announced cash and kind rewards and also a priority distributorship license as soon as Dangote’s refinery project come on steam next year for the loyal cement customers. President of Dangote Group, Aliko Dangote, who made the pledge, profusely thanked the loyal cement […]
Read More (Corrects capacity of refinery to 650,000 barrels per day from 650,000 tonnes in paragraph 7) By Chijioke Ohuocha and Didi Akinyelure LAGOS, July 6 (Reuters) – An oil refinery being built by Aliko Dangote will account for half of his conglomerate’s assets when it is finished next year, a senior executive told Reuters, underscoring the […]
Read More
