Tag: Aliko Dangote

Let NNPCL buy me out, Dangote offers to sell refinery
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Let NNPCL buy me out, Dangote offers to sell refinery

Africa’s wealthiest individual, Aliko Dangote, has made a bold declaration amidst escalating disputes with regulatory bodies over his multibillion-dollar Dangote Refinery project in Nigeria. In an exclusive interview with PREMIUM TIMES, Dangote expressed his readiness to relinquish ownership of the refinery to NNPC Limited, the state-owned energy company. This statement comes amid accusations of monopolistic […]

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 refinery denies receiving incentives from FG

The Chairman and Chief Executive Officer of Dangote Group, Aliko Dangote announced on Saturday that the federal government did not provide any incentives for his $20 billion refinery located in the Lekki Free Trade Zone. This was disclosed by Dangote during meeting with the House of Representatives leadership, including Speaker Tajudeen Abbas and Deputy Speaker […]

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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Oil mafia made efforts to stop our refinery – Dangote

The chairman of Dangote Refinery, Aliko Dangote has said that attempts were made on several occasions to undermine his $19 billion refinery project in Lagos by both local and foreign criminal organizations, which he referred to as the “mafia.” During his address at the Afreximbank Annual Meetings, Dangote compared the drug and oil cartels to […]

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Nigeria to produce all W’African steel soon — Dangote

The Chief Executive officer of Dangote refinery, Alhaji Aliko Dangote, has put forward a plan to start producing steel soon and stated that he wants to make sure that all of the steel used in West Africa originates in Nigeria. This was disclosed by Dangote during an interview at the ongoing Afreximbank Afro-Caribbean Trade & […]

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 Refinery to establish terminal in the Caribbean to ease export

Dangote Refinery intends to establish a terminal in the Caribbean to export petroleum products to nations in the North American continent This was disclosed by CEO of the Dangote refinery, Aliko Dangote on Wednesday at Afreximbank’s Trade and Investment Forum in The Bahamas, according to nairamtrics. According to Dangote, the business can readily provide the […]

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Naira devaluation biggest mess created in 2023 – Dangote

The President of Dangote Industries Limited, Aliko Dangote, has described the devaluation of the naira by the administration of President Bola Tinubu in 2023 as the biggest problem his company and many other businesses faced in 2023. Floating the naira allows forces of demand and supply in the market to determine its value. This was […]

Dangote names Lekki refinery road after Wigwe
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Marketers yet to get Dangote fuel after four weeks

By Melvin Onwubuke   Oil marketers announced that, they were still anticipating the supply of refined products, weeks after the take off, of the multi billion dollar plant, by Dangote Petroleum Refinery. This follows the announcement made by Dangote refinery, on the commencement of production of diesel and aviation fuel on January 12, 2024, according […]

Dangote, two other billionaires lost $9.3bn in 2023 - Report
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Dangote, two other billionaires lost $9.3bn in 2023 – Report

The Forbes’ Real-Time Billionaires list has revealed that three Nigerian billionaires – Aliko Dangote, Abdulsamad Rabiu, and Mike Adenuga’s combined wealth would fall by $9.3 billion in 2023. The Forbes’ wealth-tracking tool gives ongoing updates on each individual confirmed to be a billionaire’s net worth and ranking. When relevant stock markets are open, the value of individuals’ […]

Dangote refinery to import crude oil from Libya
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Dangote refinery targets 350,000bpd – Report

Bisola David   The chairman of the Dangote Group, Aliko Dangote, has announced that the refinery will begin operations in December 2023 and that its first target will be 350,000 barrels per day. He stated this in an interview with the Financial Times on November 25. Dangote said that the eagerly anticipated refinery will begin operations with 350,000 […]

Dangote refinery urges NUPENG, PTD to resolve conflict
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Dangote will tackle unemployment – Fatima Aliko-Dangote

The Executive Director of Commercial Operations for the Dangote Group, Hajia Fatima Aliko-Dangote, has reaffirmed the company’s commitment to eradicating the high rate of youth unemployment in the country. According to The Punch, Aliko-Dangote revealed this information during the just-finished “Dangote Day” at the Lagos International Trade Fair. He stated that since the company’s founding, President […]