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Tag: Aliko Dangote

News

We’ve invested over $25bn in Nigeria’s oil, cement, sugar – Dangote

The Chairman of Dangote Group, Aliko Dangote, has stated that that his business conglomerates have invested over $25 billion in Nigeria over the past seven years. This investment spans various sectors, including oil and gas, cement, and sugar. Dangote made this disclosure while speaking on the sidelines of the recently concluded 79th United Nations General […]

News Oil and Gas

Refinery: Dangote calls NNPC’s withdrawal from 20% stake a ‘Big mistake’

The Chief Executive Officer of the Dangote Refinery, Aliko Dangote has criticized the Nigerian National Petroleum Company’s decision to back out of its plan to acquire a 20% stake in the refinery, calling it “a big mistake.” He emphasized the potential benefits of collaboration and the importance of strategic partnerships in driving the country’s economic […]

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

Dangote regrets missed chance to buy Arsenal FC

Alex Omenye President and CEO of Dangote Group, Aliko Dangote has expressed regret over missing the opportunity to purchase Arsenal Football Club. The billionaire, who had long shown interest in owning the North London team, revealed in a recent interview with Bloomberg’s Francine Lacqua in New York that he once considered buying the club when […]

News

Dangote urges FG to eliminate fuel subsidies completely

T­he President and Chief Executive of Dangote Group, Alhaji Aliko Dangote has urged the Nigerian government to completely eliminate fuel subsidies. He argues that doing so would clarify the country’s actual petrol consumption figures. Dangote confirmed his ownership of two oil blocks in the upstream sector, with production set to commence next month. He emphasized […]

News

Nigeria can now track daily petrol consumption, says Dangote

The Chief Executive Officer of Dangote Refinery, Aliko Dangote, has stated that with the refinery’s new gasoline production, Nigeria is now poised to accurately track its daily petrol consumption. This was disclosed by Dangote while addressing pressmen on Tuesday at the petrochemical plant in Lagos, according to Nairametrics. He emphasized that the $19 billion refinery […]

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Dangote refinery oil will match US quality, others – Dangote

The president of the Dangote Group, Aliko Dangote has boasted that the quality of Dangote Refinery’s Premium Motor Spirit will match that of the United States, and other parts of the world. Dangote said this on Tuesday during a press conference to announce the official petrol production at the 650,000 barrels per day facility. “Our […]

News

NSE president hails Dangote’s contributions to engineering in Nigeria

The President of the Nigerian Society of Engineers, Margaret Oguntala, has commended the Chairman of the Dangote Group, Aliko Dangote for his contributions to the future of engineering in Nigeria, highlighting the innovative work undertaken in the construction and manufacturing processes at the Dangote Refinery. Oguntala made these remarks on Saturday during a tour of […]

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

Dangote explores investments in Gabon amid row with Nigerian authorities 

The Chairman of the Dangote group, Aliko Dangote has traveled to Gabon to investigate business potential in the country’s cement and fertilizer production, at the president’s invitation. This follows the recent billionaire’s disagreement with Nigerian oil regulators on the quality of the company’s products and the delivery of crude oil to his 650,000 barrels capacity […]

Femi Otedola named 2024 'Investor of the Year'
News

Billionaire Otedola rallies behind Dangote amid refinery controversy

Nigerian billionaire Femi Otedola has rallied behind Aliko Dangote, CEO of Dangote Refinery, amidst ongoing disputes with national oil regulators. In a series of posts on X on Tuesday, Otedola echoed calls from various stakeholders urging the federal government to support industrialists like Dangote, akin to how other nations back their “local champions.” Describing Dangote […]

News

NNPCL boss Kyari denies offshore petroleum blending units

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mallam Mele Kyari has refuted any relationship at all between NNPC workers and offshore petroleum blending units which purportedly hinders local procurement of petroleum products. Kyari, addressing the allegations in a post on social media platform X (formerly Twitter) on Tuesday, stated, “I […]

Why Dangote flour mills was sold in 2019 — Dangote
News Oil and Gas

Our refinery attracts international orders – Dangote

The Chairman and CEO of the Dangote Group, Aliko Dangote recently revealed that from the start of production, all of the initial clients of the Dangote Petroleum Refinery had continuously sent repeated orders. The refinery has had success exporting its goods to Singapore, Lome, and several European nations. During a tour of the Dangote Petroleum […]

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