Chairman of Dangote Group of companies, Aliko Dangote, has said that the $9billon largest single train refinery in the world, Dangote Refinery, would commence operations in April 2020. Mr. Dangote made the disclosure when the CBN Governor, Godwin Emefiele, went on a tour of the facilities on Sunday. The location is within Lekki Free Trade Zone in Lagos. Our correspondent ...
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Aliko Dangote set to commission 200 housing units for IDPs
In a bid to assist the Federal Government to embark on rehabilitation of Internally Displaced Persons (IDPs), in parts of the insurgency-ravaged areas in the North East, Aliko Dangote Foundation has concluded plans to commission a multi-billion naira housing estate. Chief Executive Officer of Aliko Dangote Foundation, Mrs. Zouera Youssoufou, said the commissioning of the 200 housing units for IDPs ...
Read More »Facts Only: 7 Most Expensive Homes In Nigeria Currently
In this new article, I will be focusing on bringing you facts about the most expensive homes in Nigeria with picture proofs as well. We’re in a country where everyone is trying their best to outdo the person next to them, be it a friend, colleague or foe. Nowhere is this best showcased than in the real estate space, where ...
Read More »Dangote set to commence Sugar plant construction in 6 states
Nigeria’s Dangote Group has signed a deal to commence the building of integrated sugar plants in six states in Nigeria. The Chairman of the group, who is also Africa’s richest man, Alhaji Aliko Dangote, made the announcement at a forum in Lagos to honour major distributors of Dangote Foods in Lagos on Thursday. He said that the plants, expected to ...
Read More »Dangote, Flour mills commences completion of Apapa-Wharf road project
The Memorandum of Understanding signed between Dangote Industries, Flour Mills Nigeria and the Federal Government last year, on the rehabilitation and reconstruction of the Apapa Port Wharf Access road through Corporate Social Responsibility, is on course to meet the July, 2018 completion deadline. On Wednesday February 14, 2018, the President of Dangote Industries, Alh Aliko Dangote and GMD Flour Mills ...
Read More »Dangote Noodles Sell Plants to Rivals
A unit of Dangote Flour Mills, Dangote Noodles Limited, has sold two production lines to rival pasta maker, De United Foods Industries, for N3.75bn ($12.26m), the company said on yesterday. De United said it had signed an agreement with the firm to buy plants at its Ikorodu and Calabar factories. It will also buy stock worth N383.94m, according to a statement from ...
Read More »Dangote and others get N1.1b Afreximbank’s financial support
“The African Export-Import Bank (Afreximbank) has signed agreements to provide financing facilities totalling $1.11 billion to support African entities engaged in intra-African trade, including $1 billion to the African conglomerate Dangote Industries Limited.”- The GuardianThe signing ceremonies, held as part of the ongoing activities marking the 24th yearly general meeting of the Bank, are in support of the Bank’s strategy ...
Read More »Some Facts About the Ancient City of Kano You Should Know
Kano is the state capital of Kano State in Northern West, Nigeria. The city lies to the north of the Jos Plateau, in the Sudanian Savanna region that stretches across the south of the Sahel. This article exposes you to the things you probably never knew about Nigeria’s most popular northern city. Kano is the commercial nerve center of Northern Nigeria and is the second largest city in Nigeria, after Lagos. The ...
Read More »Dangote lauds decision of FG to reconstruct Apapa Wharf road
Aliko Dangote has lauded the decision of the federal government to reconstruct the failed Apapa Wharf road. The road attracts a huge loss of close to N140 billion to the government on a weekly basis. According to Leadership, Dangote who spoke to newsmen, yesterday in Lagos said, “The economy loses more than N20 billion daily. It affects businesses across the ...
Read More »Hard times for Lagos slum dwellers caught in race for land
“Sheltering under planks on his boat moored at a waterside slum in Lagos, fisherman Thomson Pascal is trying to protect his six children from the rain flooding into what is now their new home. He is one of 30,000 residents who have been living in boats, shacks or in the open since bulldozers escorted by policemen destroyed their slum dwellings ...
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