THE House of Representatives is set to invite top manufacturers Aliko Dangote, Rabiu Abdulsamad, among others, to appear before them for deliberation on ways out of the hardship arising from the high cost of the product. The House resolution was a sequel to the adoption of a motion titled “Arbitrary …
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NIGERIAN business mogul and Africa’s richest man has named its largest road network to Dangote Refinery after the late founder and Group Chief Executive Officer of Access Bank Holdings, Herbert Wigwe. On Monday, Dangote announced this in his condolence speech at a night of tribute titled ‘Celebrating Herbert Wigwe- A …
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PRESIDENT Bola Tinubu, on Sunday, met with selected members of the organised private sector at the State House in Abuja. Newsextra24 reports that the President met with the businessmen ahead of the planned nationwide strike of the Nigeria Labour Congress (NLC) scheduled for tomorrow, Monday. The meeting’s agenda was not undisclosed, …
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THE Chairman of the Dangote Group, Aliko Dangote, on Saturday clarified the recent visit of officials of the Economic and Financial Crimes Commission, EFCC, to its Head Office in Lagos State. Recall that officials of the EFCC visited the Dangote Group headquarters in Lagos on Thursday, to investigate forex allocations to the …
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THE truce brokered two years ago between billionaire businessmen Aliko Dangote of Dangote Group and Abdussamad Rabiu of BUA Group seems to have been short-lived. In 2021, Abdullahi Ganduje, then Kano governor and current APC chairman, initiated a peace meeting between the two business moguls to foster cooperation. Elder statesman …
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IN 2016, Alhaji Aliko Dangote got $2b dollars allocation from Central Bank of Nigeria (CBN) by processing form ‘A’ for intangible goods. He got the dollars at the cheapest rate, moved it out of the country to buy equipment’s to establish factories in other African countries, and there was no …
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Amid encomiums from eminent personalities, including President Muhammadu Buhari and presidents of five other African countries, founder and President of Dangote Group, Alhaji Aliko Dangote, yesterday expressed optimism that the newly commissioned 650,000pbd refinery would employ over 100,000 Nigerian youths and generate over $21 billion in revenue. According to him, …
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Africa’s foremost entrepreneur and President of Dangote Group, Aliko Dangote, has urged African countries to dismantle all economic barriers hindering free trade among the nations while committing over $20 billion (about N9.2 trillion) on pan-African investments through the Dangote Industries Limited (DIL). Dangote stated this in Lagos at the launch …
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THE Kano State House of Assembly has approved the renaming of Kano University of Science and Technology, Wudil, after the business mogul, Aliko Dangote. This was sequel to a letter, transmitted to the State Assembly by the executive in May 2022, seeking for the approval of the House to change …
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President and chief executive officer (CEO) of Dangote Group, Aliko Dangote has stated that his oil refinery will promote Nigeria’s prospects of transforming into a regional refining hub. This was made known by Dangote while speaking at the 2022 Nigerian Content Midstream and Downstream Oil and Gas Summit which was …
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