Tag Archives: Dangote

The Dangote Group (www.Dangote.com) shone at the just concluded 2017 Gateway Trade fair held in Abeokuta, emerging as the second most patronised exhibitor, just as the Group disclosed that it was investing N10 billion dollars in rice cultivation in five states to boost food self-sufficiency. To mark its Day at the Fair, a subsidiary of the Group, Dangote Cement, gave …

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The Dangote Group has raised alarm over a Ponzi scheme in circulation alleging partnership between the “Dangote brand, Nestle, Cussons and other reputable food processing companies” in launching a multi-level marketing initiative that intends to “fight hunger, poverty and stop recession” by paying participants in food. Contrary to the publication widely circulated on social media and mobile instant messaging application, …

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Dangote Sugar Refinery has said the company would invest N106 billion in the next six years in achieving its Backward Integration Programme (BIP) and making Nigeria, sugar self-sufficient. Addressing the capital market community at the company’s facts behind the figure, on Tuesday in Lagos, the  acting Group Managing Director of Dangote Sugar, Engr. Abdullahi Sule said Dangote Sugar will commence …

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Dangote Oil Refining Company Limited has said the installation of equipment for the crude oil refinery being built in Lagos will begin this month. The Head, Quality Assurance/Quality Compliance and Construction, DORC, Mr. Rama Putta said that the 650,000-barrels-per-day refinery would come on stream by September 2019. According to him, the basic engineering work has reached 98 per cent completion; …

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The President, African Development Bank, Dr. Akinwumi Adesina, says billionaire businessman, Aliko Dangote, may become the largest exporter of rice in the world by 2021. Speaking at the Mo Ibrahim Forum in Morocco over the weekend, Adesina said Africa must focus on agriculture to drive growth and create jobs on the continent. He said, “I remember when I was Minister …

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The President, Dangote Group, Aliko Dangote, has said his belief in Nigeria economic potential remains unshaken just as President Muhammadu Buhari has felicitated with Africa’s richest man and philanthropist on his 60th birthday today (Monday). The business mogul told a group of businessmen in his office in Lagos that his passion for the workability of Nigeria’s economy had been the …

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The Federal Governmenthas officially confirmed that it has attained self-sufficiency in theproduction of cement and is now an exporter of the commodity, ascribing thefeat to Dangote Cement which spare headed the backward integration policyintroduced by the government. Minister for Solid Minerals Development, Dr.Kayode Fayemi who leads a team of the federal government to the Dangote Cementplants in Ibese, Ogun State at …

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Aliko Dangote is now a coal miner as Tanzania hasoffered his Dangote Cement Company in the southeastern town of Mtwara, land tomine coal for its operations. Tanzania’s Ministryof Energy and Minerals at the weekend handed a 10-square-kilometre plot of landto the $500 million cement factory set up in 2015 by Aliko Dangote, Africa’srichest man. The factory has an annual capacity …

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The Vice President of Dangote Group, Alhaji Sani Dangote on Monday in Lagos implored relevant Government agencies within and outside the Seaports to facilitate unhindered movement for all trucks conveying perishable items. Speaking at the Nigeria Agricultural Export Zero Reject Forum in Lagos, Dangote emphasis need for Nigeria as a country to tackle and overcome logistics challenges at Seaports and Airports. To …

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Distributors of the Dangote foods companies, including Dangote Flour, Sugar and Salt smiled home last night as the management of the Companies doled out over N2 billion as rewards for their loyalty to the companies over the past one year.  At a colourful Gala night which the distributors were hosted to last night, top performers in each of the six …

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