Tag: Dangote

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Dangote names refinery road after Wigwe

Billionaire businessman, Aliko Dangote, has named the 120km road leading to his refinery in Lagos after the late Group Chief Executive Officer of Access Holdings, Herbert Wigwe, in recognition of his exceptional contributions to the project, as per PUNCH.NYSC Portal The announcement was made on Monday during a special event held in honour of the

Dangote polypropylene production will revive textile industry, save Nigeria $267m — MAN

The Manufacturers Association of Nigeria (MAN) has stated that the production of polypropylene by the Dangote Petroleum Refinery & Petrochemicals will revive Nigeria’s struggling textile industry and save the country $267 million in import costs. In an interview on the Channels Business Incorporated Programme, the Director-General of MAN, Segun Kadir-Ajayi, highlighted the struggles of the textile industry, which

Dangote Says Cabals Is Still Working Against His Refinery

Aliko Dangote, President of the Dangote Group, has revealed that ‘cabal’ in Nigeria’s oil and gas sector are still working behind the scenes to sabotage the progress of his $20 billion refinery project in Lekki, Lagos. Speaking at an investor forum in Lagos on May 2, Dangote explained that people who previously profited heavily from

Marketers Kick as Dangote Sells Fuel in Dollars, Exports to US, S/Arabia

Aliko Dangote Your browser does not support the video tag. Oil marketers under the aegis of the Petroleum Products Retail Outlets Owners Association of Nigeria have rejected the decision by the Dangote Petroleum Refinery to sell refined petroleum products in dollars. PETROAN urged the Federal Government not to allow the Lagos-based plant to sell in

Dangote foundation unveils N16bn food aid for 1 million Nigerians

The Aliko Dangote Foundation has unveiled the 2025 Annual National Food Intervention Project valued N16bn to benefit one million Nigerians nationwide. The Chairman of the Aliko Dangote Foundation, Mr Aliko Dangote, made the disclosure during the inaugural ceremony on Thursday in Kano. Represented by his daughter, Marya Aliko-Dangote, he said the annual initiative, which embodies

Dangote refinery extends export to three African countries

The Dangote refinery has exported Premium Motor Spirit (petrol) to Cameroon, Angola, Ghana, and South Africa in the past few weeks. The Vice President of Oil and Gas, Dangote Industries Limited, Devakumar Edwin, disclosed this while playing host to a delegation from the Japanese Business Community in Nigeria, led by Japan’s Ambassador-designate to Nigeria, Suzuki

Aliko Dangote: 5 African Billionaires Using Wealth for Philanthropy

Aliko Dangote is a Nigerian businessman and one of the wealthiest people in Africa with great concern for giving back to society. He is founder and CEO of the Dangote Group, a conglomerate that operates in several African countries. Dangote has used his wealth to support various philanthropic causes in Nigeria and across Africa...

Dangote Makes N460bn in One Day, Overtakes 2 Russians, One Chinese, and An Indian on Billionaires’ List

Aliko Dangote has beaten Russians and Asians on the billionaires’ list Dangote earned about $100 million, about N460 billion, in one day following increased demand for Dangote Cement He maintains a majority share at his Cement company, as the company announced a significant share buyback two weeks ago…..CONTINUE READING Aliko Dangote has remained Africa’s richest

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