The President of Dangote Industries Ltd, Aliko Dangote, said that the Dangote Petroleum Refinery and the fertiliser plant would be listed in the capital market by the first quarter of 2025.
Browsing: Aliko Dangote
“Utilising the visionary framework of Executive Order 007 in Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme, the Dangote Group has been able to mobilise capital for the complete refurbishment of the entire 37 kilometers length of Apapa-Isolo-Oworonshoki road and its expansion to 10 lanes.”
“I still complained to President Kagame. I told him that as an investor, I have to now apply for 35 different visas on my passport and I told Mr. President, I really don’t have the time to go and be dropping my passports in embassies to get a visa,” the industrialist said recently at the Africa CEO Forum annual summit in Kigali, Rwanda.
The distribution of the bags of rice, aimed at addressing the pressing needs of the less privileged citizens across the country, will see 120,000 people benefiting in Kano state.
Some Nigerian private sectors players, including Aliko Dangote, Femi Otedola, Tony Elumelu, Innocent Chukwuma (Innoson), Abdul Samad Rabiu (BUA), are among others appointed by President Bola Tinubu as economic advisers.
President Bola Tinubu is currently holding a crucial meeting with selected members of the organized private sector, including Tony Elumelu at the presidential Villa, Vanguard has reported.
Forty Nigerians, including six pastors, 11 politicians, six musicians, have been listed to own private jets.
Johann Rupert and family have emerged as the richest man in Africa, dislodging Aliko Dangote as the continent’s wealthiest man in a list released by Forbes Magazine.
Dangote, Africa’s richest man is the owner of Dangote Industries Limited while Rabiu is the founder of BUA Group. The two billionaire businessmen had been locked in disputes several times, spanning three decades. The battle is simply about who controls the sugar and cement sectors and soon there will be a battle of who controls the oil sector as Rabiu is also building his own refinery, while Dangote has already completed his own.
Aliko Dangote’s stepbrother, Sayyu Dantata, and three other billionaires, have been awarded multimillion-dollar contracts for pipeline rehabilitation to four indigenous oil companies by the Nigerian National Petroleum Corporation Limited (NNPC), in a significant move aimed at revitalizing Nigeria’s aging pipeline infrastructure, Billionaires Africa has reported.