Tag Archives: Aliko Dangote

Dangote donates food items to IDPs

Dangote donates food items to IDPs The Yobe Committee on Resettlement of Internally Displaced Persons (IDPs) on Friday distributed food items donated by Dangote Foundation to nine communities in Tarmuwa and Damaturu Local Government Areas. Alhaji Abubakar Aliyu, the state Deputy Governor and Chairman of the IDP resettlement committee, while distributing the materials in Babbangida, said that Dangote Foundation was …

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Dangote Targets 2m Metric Tons of Sugar Annually

Dangote targets 2m metric tons of sugar annually The Dangote Sugar Refinery Plc, a member of Dangote Group, on Monday said it plans to produce between 1.5 and 2 million metric tons of refined sugar annually from locally produced sugarcane. The Acting Group Managing Director, Mr. Abdullahi Sule, made the disclosure at the 2016 World Food Day celebrations organised by …

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Assets Sale: Not Intention To Buy Any, Even On Credit – Dangote Declares

Assets Sale: Not Intention To Buy Any, Even On Credit – Dangote Declares President/Chief Executive of Dangote Group, Alhaji Aliko Dangote, has denied insinuations that his call for the sale of some national assets was aimed at buying them over. Dangote, who spoke in an exclusive interview with THISDAY, stressed that if the Nigeria Liquefied Natural Gas (NLNG) Company or …

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Aliko Dangote denies death rumour

Aliko Dangote denies death rumour From Dayo Emmanuel Chairman of Dangote Group, Aliko Dangote has denied a rumour that broke earlier that he died. “I am hale, hearty, and alive,” Dangote debunks. Dangote who is Africa’s richest man, however debunked the rumour which was spreading fast via the social media. The news published by a German news website, DW-TV3 reported …

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Elumelu wins Africa Investor ‘Person of the Year’ Award in New York. 

Elumelu wins Africa Investor ‘Person of the Year’ Award in New York.  Chairman of Heirs Holdings, Mr. Tony Elumelu, yesterday, while receiving the ‘Person of the Year’ award at the Africa Investor CEO Institutional Investment Summit hosted alongside the UN General Assembly in New York, extolled stakeholders in the public and private sectors committed to improving access to power in …

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Selling NLNG, other national assets to boost economy, unwise- RMAFC

    The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has advised the Federal Government against advice from some Nigerians to sell the multi-billion dollar Nigeria Liquefied Natural Gas Limited (NLNG) to raise funds for the ailing economy. While the Federal Government thinks through plans to raise between $10 and $15 billion  (about N4.72 trillion) to boost the economy, prominent …

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Dangote Group to Invest over N53bn in Rice, Sugar Production

  Dangote Group to Invest over N53billion in Rice, Sugar Production Barring any last minute change in decision, the Dangote Group of Companies is set to further expand its business by investing over N53 billion in the production of rice and sugar in Nasarawa State. The President of the company, Alhaji Aliko Dangote, disclosed this on Thursday in Lafia, Nassarawa State capital, …

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IDPs: Dangote Donates N2 Billion to Borno camps

Africa’s richest man and Nigerian billionaire, Aliko Dangote, has announced that he would invest N2 billion to create jobs and end hunger for Borno State residents living in IDP camps. Dangote, the president of Dangote Group announced in company his daughter, while visiting the Dalori and Bakassi IDP camps in Borno State. According to the billionaire, the N2 billion would be spent on …

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