Tag Archives: Dangote Group

“The Dangote Group has said that it will not benefit from a 10-year tax waiver reportedly granted it by the Nigerian government.”- Premium Times Speaking in Lagos on Monday, the Group Executive Director, Strategy, Portfolio Development and Capital Projects, Dangote Industries Limited, Devakumar Edwin, said the company has never benefited from any tax waiver or credits except when it is ...

According to Premium Times, the Nigerian government has granted Dangote Group 10-year tax incentive for the construction and rehabilitation of roads, Minister of Power, Works and Housing, Babatunde Fashola, has said. Mr. Fashola made this known while speaking at the Businessday Road Construction Summit, held in Victoria Island, Lagos, on Friday. Mr. Fashola, who disclosed that construction of the Apapa to Oworonshoki ...

PM News reports that stakeholders on Thursday reached an agreement to take necessary measures in Apapa to ensure commencement of reconstruction of Wharf Road leading to the nation’s major port on July 7. The stakeholders agreed on several issues at a meeting held at the office complex of the Federal Ministry of Power, Works and Housing headquarters in Lagos. Those ...

According to The Guardian, the Lagos State Commissioner for Commerce, Industry and Cooperatives, Prince Rotimi Ogunleye, has urged investors in Nigeria, and all over the world to invest in the Lekki Free Zone, adding that government has also provided incentives that will encourage the ease of doing business. Addressing attendants of an investment meeting with city and bilateral Chambers of ...

“Thugs suspected to be agents of an Anambra-born business mogul (names withheld), have been fingered in the wanton destruction of the property belonging to an Onitsha –based company, Bontus Oil and Gas Ltd. Bontus Oil and Gas is currently working out an arrangement with Dangote Group to be its main agent in Onitsha and its environs.”- Vanguard Officials of Dangote Group ...

As reported by Reuters, Dangote Group, controlled by Africa’s richest man Aliko Dangote, plans to launch a rice mill with a farm scheme in Nigeria. This is to tap growing demand for paddy in Africa’s biggest economy, the company said on Monday. Rice demand in Nigeria hit 6.3 million metric tonnes (MT) in 2015, with 2.3 million metric tonnes produced ...

The Nation reports that Dangote Group of Companies has finalised plans to establish a large scale rice mill in Kano, Kano State, with a capacity to produce 250,000 tonnes per annum. According to The Nation, the Executive Director Hajiya Halima Dangote, who spoke at the Dangote Day at the 37th Kano Trade Fair, said the mill would process rice harvested from Sokoto, ...

The Lagos State Government has confirmed that the entry of Dangote Group into the Lekki Free Trade Zone (LFTZ), to set up a petroleum refinery complex and fertilizer plant has led to a boost in investment and industrial development of the zone. For the Commissioner for Commerce and Industry, Mrs. Olusola Oworu,the  Lekki Free Trade Zone project is now a ...