NIGERIA PRESIDENT COMMISSION US$2.5B DANGOTE FERTILIZER PLANT

NIGERIA PRESIDENT COMMISSION US$2.5B DANGOTE FERTILIZER PLANT

Nigeria President, Muhammadu Buhari has commissioned the just completed US$2.5billion Dangote fertilizer plant that is expected to house a capacity of 3 million metric tonnes per annum in Ibeju Lekki, Lagos. The ceremony had the presence of dignitaries including Aliko Dangote, president of Dangote Industries Limited, Lagos State Governor Babajide Sanwo-Olu, Central Bank of Nigeria Governor Godwin Emefiele, and Minister of Trade and Investment Niyi Adebayo. According to reports, the facility proposed to be the biggest in Africa,…

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DANGOTE FLOUR MILLS UP FOR SALE

DANGOTE FLOUR MILLS UP FOR SALE

Olam International Offers N120 billion to buy Dangote Flour Mills Plc Africa’s richest man Aliko Dangote; two(2) years after selling Dangote Noodle Plants to his rival pasta maker De-United Foods Industries for N3.75 billion (US$12.26 million); have recently also put up for sale Dangote Flour Mills (DFM) Plc; the flour and pasta manufacturing unit of his conglomerate. Is he leaving the pasta business to generate funds for the ongoing Dangote refinery? Dangote acquired DFM in…

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DANGOTE REFINERY DEDICATES 53% OF CAPACITY TO PETROL PRODUCTION

DANGOTE REFINERY DEDICATES 53% OF CAPACITY TO PETROL PRODUCTION

Dangote Refinery may lead to the sale of NNPC refineries in the long run Dangote Group’s, President and Chief Executive Officer, Aliko Dangote while speaking at the Nigerian National Petroleum Corporation (NNPC) headquarters; have said that 53% of Dangote refinery’s capacity upon its completion will be dedicated to petrol production. Dangote refinery will have a refining capacity of 650,000 barrels per day; dedicating 53% of this capacity to petrol production simply amounts to 344,500 barrels…

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DANGOTE OPENS MEGA CEMENT WAREHOUSE IN SOUTHERN NIGERIA

DANGOTE OPENS MEGA CEMENT WAREHOUSE IN SOUTHERN NIGERIA

Dangote inaugurates Mega cement warehouse in Southern Nigeria The Dangote Group recently opened a mega cement warehouse at the Industrial Layout, Onitsha Road, Owerri, capital of Imo State. The warehouse is to serve corporate entities and the people of  the Southeast and other zones in the country. Persons present at the opening ceremony included; President of Dangote Group, Aliko Dangote, Imo state Governor, Rochas Okorocha, and also other captains in the industry. While declaring the warehouse…

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