Tag: Aliko Dangote
President Tinubu Calls for Accountability in Public Service, Honors 44 Exemplary Figures
Abuja, Nigeria – President Bola Ahmed Tinubu has urged Nigerian public servants to uphold their roles as public trustees, emphasizing the necessity for accountability and integrity. Speaking at the Nigeria Excellence Awards in Public Service (NEAPS) held at the Banquet Hall of the Presidential Villa, Abuja, President Tinubu, represented by Vice President Kashim Shettima, reinforced…
Aliko Dangote Reveals Challenges Faced in Establishing Refinery
Lagos, Nigeria — June 13, 2024 — Africa’s wealthiest man, Aliko Dangote, has shed light on the formidable challenges he faced from powerful interests while establishing his $20 billion Dangote Refinery. Speaking candidly, Dangote compared the opposition from the oil sector to the notorious influence of drug cartels. “I didn’t know that the mafia in…
BREAKING: Lagos State Orders Additional 100 Refuse Compactor Trucks from Dangote’s Truck Assembly Plant
Lagos, Nigeria — June 10, 2024 — Lagos State has announced the purchase of an additional 100 refuse compactor trucks from Dangote’s Truck Assembly Plant. Governor Babajide Sanwo-Olu made the announcement during the commissioning of the Completely Knocked Down (CKD) Plant in Lagos State. This new acquisition follows the earlier procurement of 102 compactor trucks…
Dangote Refinery Delays Petrol Production Start to Mid-July
Lagos, Nigeria — June 10, 2024 — The commencement of petrol production at the $20 billion Dangote Refinery in Lagos has been postponed from June to mid-July, according to Aliko Dangote, the President and CEO of Dangote Group. During a meeting with journalists on Monday, Dangote confirmed the shift in the production timeline, attributing it…
Aliko Dangote Highlights Impact of Naira Devaluation on Dangote Industries Limited
At the yearly general assembly of Dangote Sugar Refinery Plc, Aliko Dangote, the chairman of Dangote Industries Limited, shed light on the significant challenges faced by the company in 2023, particularly due to the devaluation of the Nigerian naira. Addressing attendees on Tuesday, Dangote emphasized the adverse effects of the naira devaluation, which saw the…
Dangote Predicts Decreasing Fuel Prices from Refinery to Aid in Inflation Reduction
In a recent statement, Alhaji Aliko Dangote, Chairman of the Dangote Group, highlighted the potential impact of decreasing fuel prices sourced from the Dangote Petroleum Refinery on Nigeria’s inflation rate. He emphasized that once the refinery becomes fully operational and begins offering diesel at significantly reduced prices, it will play a crucial role in alleviating…