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Tag: Aliko Dangote

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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 […]

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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 […]

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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
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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'
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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 […]

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 […]

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