Preparations are in top gear for the commencement of production in Dangote Refinery, as the petrochemical company has received the fourth crude shipment of, one million barrels of bonny light crude supplied by the Nigeria National Petroleum Corporation Limited (NNPCL), and expecting the fifth crude shipment, anytime from now. The fresh one million barrels of…
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$19bn Petrochemicals Plant Earn Aliko Dangote Afreximbank Award
President of Dangote Group, Aliko Dangote was on Monday night recognized and given the “Founder of the Year 2023” award by the African Export-Import Bank (Afreximbank) at an award ceremony held by the bank in in Accra, Ghana. The award was given to Dangote because of his newly opened $19bn petrochemicals plant, which is now the…
Dangote to Save Forex Through 40% Sugar Import Substitution
Management of Dangote Sugar Refinery Plc has resolved to significantly reduce the importation of sugar into the country by 40 percent, thus paving the way for the employment of over 30,000 youths. President of Dangote Group, Aliko Dangote explained recently in a chat with newsmen that it was embarking on Phase II of its Sugar…
Economy: Dangote Petrochemical Plant to Position Nigeria as Polypropylene Hub in Africa
The Dangote’s $2 billion Petrochemical Plant located in Lagos when fully operational will position Nigeria as one of Africa’s largest petrochemicals hubs and boost non-oil export earnings for the country, according to the Dangote Group President, Aliko Dangote. The 900,000 metric tons per annum capacity Plant, which is being built alongside the 650,000 barrels…
Dangote Cement’s Past Consumer Promo Winners Recount Gains
Past winners of the Dangote Cement consumer promo have commended the company’s Management for the positive economic and social impact of the promo on their livelihoods and wellbeing. Some of the winners, who spoke on the impact of the cars and millions of Naira won during the previous seasons, described the promo as a…
Safe Driving: FRSC Commissions Dangote Truck Driving School
Leading Cement manufacturer, Dangote Cement Plc, on Wednesday launched the Dangote Articulated Truck Driving School in a move aimed at inculcating safe driving culture in its drivers so as to stem the tide of road crashes. The opening of the school in partnership with the Federal Road Safety Corps (FRSC), the Company management reasoned, would…
Dangote Cement Shareholders up Dividend By 25% To N20 per Share
Shareholders of Dangote Cement Plc yesterday commended the Management of the company for an impressive performance despite the economic challenges in the year under review. Unanimously, the shareholders approved N20 per share for the year ended December 31, 2021 as against the N16 paid in the preceding year. This represents a 25 per cent increase…
Dangote Refinery to Expose Nigeria’s Downstream, Midstream Sectors to Int’l Markets
The coming on stream of the 650,000 barrels-per-day Dangote Petroleum Refinery will guarantee availability of high quality environmentally compliant products in Nigeria, regional markets in West Africa, Southern Africa and inter-continental markets. The President/CE of Dangote Group, Aliko Dangote made this disclosure on Tuesday at the Nigerian Content Midstream – Downstream Oil and Gas Summit…
Buhari Lauds Dangote’s Entrepreneurial Acumen, Enjoins Nigerians in Business to Emulate Him
President Muhammadu Buhari on Friday in Abuja lauded the entrepreneurial spirit and doggedness of the President of Dangote Industries Limited (DIL), Aliko Dangote and urged Nigerians in business to emulate this iconic figure, to enable the country witness real economic growth and development. While receiving the President of DIL and Board members of Dangote Group…
Dangote Fertiliser To Train Over 1 Million Farmers In Three Years
Towards enhancing agriculture and creation of jobs, Dangote Fertiliser Limited is to train over one million farmers in the next three years. The training, which is part of the Fertiliser company’s agriculture extension services will involve Spot Demonstrations, Result Demonstrations, Field Demonstrations and Soil Samples Collections. According to Mr. Uchenna Nwankwo of Dangote Fertiliser, the…