Tag Archives: Aliko Dangote

Nigerian business magnate Aliko Dangote (L) poses next to French president Emmanuel Macron (R) prior to a meeting as part of the second edition of the ‘Chioose France’ Summit, on January 21, 2019 in Versailles. Advertisement

Read More »

*President’s ill health identified as his main obstacle in 2019 presidential poll *Dangote, Mo Ibrahim, Liverpool’s Mo’ Salah, Paul Pogba and Zidane also on list Bayo Akinloye For the third consecutive year, President Muhammadu Buhari, the Sultan of Sokoto, Muhammadu Saad Abubakar III, and the infamous Boko Haram leader, Abubakar Shekau, have been listed among the most powerful Muslims in …

Read More »

Tayo Olanipekun Head, Quality Assurance/Quality Control, Dangote Oil Refinery Company Limited, Rama Rao Putta,has said the Dangote Oil Refinery will save Nigeria about $26bn every year. Putta said this when the President of the Lagos Chamber of Commerce and Industry (LCCI), Babatunde Paul Ruwase, led members of the Chamber on a tour of Dangote Jetty, Refinery and Fertilizer plants recently …

Read More »

In another rare gesture from a private sector operator to help government in the rehabilitation of Internally Displaced Persons (IDPs) in parts of the insurgency ravaged areas in the North East, the Aliko Dangote Foundation has concluded preparation to commission a multi-billion naira housing estate The commissioning of the 200 housing units for IDPs in Borno which has been slated for later …

Read More »

Shareholders of Dangote Cement Plc are in for a good deal as the company’s directors have recommended ₦10.75 dividend payout for the year ended on December 31 2017 as against ₦8.70 paid in 2016. In absolute terms, the figure translates to ₦178.9 billion as the company’s group revenue grew by 31 percent from ₦615.1 billion in 2016 to ₦805.6 billion, …

Read More »

Presidential Committee on flood relief and rehabilitaton in which Aliko Dangote is the chairman has provided N250 million (Two hundred and fifty million) as relief assistance to victims of the devastating floods in Benue State. Also, in response to the request by the Benue State Government, the Committee has approved the release of one IDP Hostel already completed by the …

Read More »

The Dangote Group, controlled by Africa’s richest man, Aliko Dangote, plans to invest $3.8bn in sugar and rice, and $800m in dairy production in the next three years as the company seeks to expand and deal with a shortage of dollars needed to import raw materials. The conglomerate plans to increase its production of sugar to 1.5 million tonnes a …

Read More »

  Following his fresh investments in automobile and agriculture, the organized labour in the country has commended Alhaji Aliko Dangote, President and the Chief Executive of Dangote Group for promoting investments and creating thousands of direct and indirect youth employments across the country and in Africa. The labour said Dangote’s patriotism remains unparalleled when it comes to investment and that his …

Read More »

President of Dangote Group, Aliko Dangote has lauded the decision of the Federal Government to reconstruct the failed Apapa Wharf road as its grim state serves as both an embarrassment to the country and a huge financial loss to the government on a weekly basis. Dangote who spoke on Tuesday said “The economy loses more than 20 billion daily and …

Read More »

As Nigerians and businesses grope in darkness, Honorary Adviser to the President of Dangote Group, Eng. Joe Makoju has advocated adequate funding and restructuring of the Power sector so as to achieve relative stability in electricity generation and distribution He said the power sector is currently bankrupt to the point of even threatening the health of financial institutions and the …

Read More »