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Tag: Aliko Dangote

featured

Nigeria’s fuel consumption figures inflated for personal gain – Dangote

The President of Dangote Group, Alhaji Aliko Dangote, has raised concerns over Nigeria’s reported daily petrol consumption, claiming the figures are inflated beyond actual usage and pointing to entrenched corruption in the petroleum sector. According to Dangote, certain individuals manipulated consumption data during the fuel subsidy era to serve personal interests. While industry marketers on […]

Aliko Dangote, Africa’s most prominent industrialist, will officially step down as Chairman of Dangote Sugar Refinery Plc on June 16
Business

Dangote unveils plans for Nigeria’s largest deep seaport in Ogun

The President and Chief Executive of Dangote Group, Aliko Dangote, has initiated plans to build what he describes as Nigeria’s largest and deepest seaport in Olokola, Ogun State—marking a major expansion of his industrial footprint and a strategic entry into maritime logistics. In an interview with Bloomberg on Monday in Lagos, Dangote revealed that he […]

Aliko Dangote, Africa’s most prominent industrialist, will officially step down as Chairman of Dangote Sugar Refinery Plc on June 16
featured

Stop taking our money abroad, Dangote warns Africans

The President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has called on African entrepreneurs, business leaders, and high-net-worth individuals to channel their investments into the continent’s development. According to a statement from his media team, Dangote made the call while hosting participants of the Global CEO Africa Programme from Lagos Business School and […]

Aliko Dangote, Africa’s most prominent industrialist, will officially step down as Chairman of Dangote Sugar Refinery Plc on June 16
featured

NNPC refineries may never work again, says Dangote

The President of Dangote Group, Aliko Dangote, has cast serious doubt on the prospect of Nigeria’s state-owned refineries in Port Harcourt, Warri, and Kaduna ever returning to full operation, despite years of rehabilitation efforts by the Nigerian National Petroleum Company Limited. Speaking in Lagos on Thursday during a visit by members of the Global CEO […]

Dangote names Lekki refinery road after Wigwe
Business

Dangote launches strategy to end Africa’s fertilizer dependence

President of the Dangote Group, Aliko Dangote, has unveiled an ambitious plan to achieve fertilizer self-sufficiency across Africa within 40 months. The initiative aims to strengthen the continent’s agricultural productivity and cut dependence on imports. Speaking at the Annual Afreximbank Meeting in Abuja, Dangote confidently declared, “In the next 40 months, Africa will not import […]

Aliko Dangote, Africa’s most prominent industrialist, will officially step down as Chairman of Dangote Sugar Refinery Plc on June 16
featured

Dangote hints at major shake to reform downstream sector

The President of the Dangote Group, Aliko Dangote, has hinted at an upcoming major “shakedown” across Nigeria. Speaking to pressmen after President Bola Tinubu’s visit to the $20 billion refinery in Lekki, Lagos, Dangote clarified that the move is not aimed at reducing fuel prices, but rather at a complete transformation of the country’s downstream […]

Business

Naira-for-crude deal responsible for fuel price cut – Dangote

The president of the Dangote Group, Aliko Dangote, said the naira-for-crude policy has allowed his refinery to consistently lower product prices, ensuring steady availability for the benefit of Nigerians. He made these disclosure during President Bola Tinubu’s visit to the refinery on Thursday, when the president also launched the reconstruction of the deep-sea port access […]

Aliko Dangote, Africa’s most prominent industrialist, will officially step down as Chairman of Dangote Sugar Refinery Plc on June 16
featured

FG to earn $7m daily from Dangote’s fertiliser export plan

The President of Dangote Industries Limited, Aliko Dangote, has revealed that the company plans to begin exporting up to 16,000 tonnes of fertiliser daily within the next two years, generating about $7 million in daily revenue for the Federal Government. Dangote made this known during a courtesy visit to the Nigerian Ports Authority headquarters in […]

Aliko Dangote, Africa’s most prominent industrialist, will officially step down as Chairman of Dangote Sugar Refinery Plc on June 16
Business

Dangote industries ranked top African brand in Addis Ababa

Dangote Industries Limited, the Nigeria-based conglomerate founded by industrialist Aliko Dangote, has been named the “Most Admired African Brand” at the 15th annual Brand Africa 100 awards held at Africa Hall in Addis Ababa over the weekend. The accolade, determined by a consumer-led survey spanning over 30 African countries, underscores the company’s dominance in brand […]

Dangote names Lekki refinery road after Wigwe
Business

Local investors key to attracting foreign investment – Dangote

The President of Dangote Group, Aliko Dangote, has said that domestic investors play a critical role in attracting foreign investment. Speaking at the Taraba International Investment Summit in Jalingo, which drew participants from across Nigeria and beyond, Dangote stressed the importance of prioritizing indigenous businesses to foster sustainable growth, create jobs, and strengthen the national […]

EFFC Dangote raid crashes Nigeria dollar bond one week - Bloomberg
Business

Dangote, NNPC commit to collaborative efforts for national development

The President and Chief Executive Officer of Dangote Group, Aliko Dangote, on Thursday paid a courtesy visit to the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mr. Bayo Ojulari, at the NNPC Towers in Abuja. The high-level meeting focused on strengthening collaboration between Dangote Petroleum Refinery & Petrochemicals and NNPC Ltd. […]

News

Dangote hails Tinubu’s revolutionary oil sector reforms 

The Chairman of Dangote Group, Aliko Dangote, has commended President Bola Ahmed Tinubu for selecting a strong leadership team for the Nigeria National Petroleum Company Limited. Dangote specifically highlighted the appointments of Mr. Bashir Bayo Ojulari as Group Chief Executive Officer and Mr. Ahmadu Musa Kida as Non-Executive Chairman, emphasizing their capabilities in driving the […]

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