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Tag: Aliko Dangote

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 […]

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

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
featured

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
News

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 […]

News

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
featured

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 […]

News

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 […]

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