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Tag: Aliko Dangote

Dangote refinery urges NUPENG, PTD to resolve conflict
Business

Nigerians to become shareholders in $20bn refinery – Dangote

President of the Dangote Group, Alhaji Aliko Dangote, says Nigerians will soon have the opportunity to become shareholders in his $20 billion refinery located in Lekki, Lagos State. Speaking at the Global Commodity Insights Conference on West African Refined Fuel Markets — organized by the Nigerian Midstream and Downstream Petroleum Regulatory Authority in collaboration with […]

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Aliko Dangote steps down as chairman of Dangote Cement

Africa’s richest man and founder of Dangote Cement Plc, Aliko Dangote, has stepped down as Chairman and Director of the company’s Board, effective July 25, 2025. The decision marks a major leadership transition for the cement giant. According to a statement issued by the Group Chief Branding and Communications Officer of Dangote Group, Anthony Chiejina, […]

Dangote Industries finalises N200bn bond listing
Business

Dangote refinery commences export of PMS to international markets

The Dangote Oil Refinery has commenced the export of Premium Motor Spirit to international markets. This was revealed on Tuesday by the President of Dangote Group, Alhaji Aliko Dangote, during the Global Commodity Insights Conference on West African Refined Fuel Markets, organized by the Nigerian Midstream and Downstream Petroleum Regulatory Authority in collaboration with S&P […]

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Nigeria should aim for 60,000mw electricity – Aliko Dangote

The President of the Dangote Group, Alhaji Aliko Dangote, has questioned Nigeria’s persistent power supply challenges, noting that if his company can generate over 1,500 megawatts for its own use, the country has no excuse for producing just 4,500 to 5,000 megawatts. Dangote said Nigeria should be targeting at least 60,000 megawatts to support its development […]

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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
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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
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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
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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 […]

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