Tag Archives: Dangote

The Dangote refinery which is currently under construction in Nigeria is set to be the largest single refinery in the world. Management of Dangote Petrochemical Company has said the refinery would commence commercial operations at the beginning of 2018. The refinery’s launch will make Nigeria self-sufficient in petroleum products refining and enable the country to become a major exporter of ...

The leaders of Okunraiye community, one of the host communities of the Lekki Free Trade Zone in Ibeju Lekki, Lagos, have attributed the death of Tajudeen Disu to a stray bullet fired by the police. In an affidavit in support of a fundamental rights enforcement suit filed at a Lagos High Court, on Tuesday, the community said that it had ...

Dangote Cement Plc has revealed its plans to expand the output from its Douala, Cameroon plant from the current 1.5 million metric tonnes per annum to three million metric tonnes by investing in a similar plant in Yaoundé. This is according to a report from PUNCH news. The President, Dangote Group, Alhaji Aliko Dangote, stated this during a recent visit ...

In Nigeria, the richest person in real estate is Aliko Dangote, whose net worth is $US 15.9 billion. Although there are no billionaires in Nigeria who have made their fortune solely on real estate, a large part of Aliko Dangote’s wealth comes from his warehouses, luxury flats and commercial buildings in Lagos, Cross River, Kano, Rivers and Abuja. In addition ...

In a bid to increase the housing stock and ease accommodation challenges in Abuja, the Federal Capital Territory Administration (FCTA), has selected private investors to develop 15 additional districts. Under the agreement, the new investors will be provided with a total land area of 3,886 in about 15 districts of the FCT, and a total of 1 million houses would ...

Distributors and developers have accused the management of Dangote Cement Plc of silently increasing the price of its product to N1,745 per a 50kg bag instead of the N1,000 that it announced early last month. Although the firm did not formally announce any increase in price, our correspondent gathered that it sent out text messages to its distributors on Monday, ...