April 14, 2026
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Tag : Aliko Dangote

Energy

Dangote Refinery moves to crash prices of petroleum products further, supplies 65m litres of petrol daily

Peter Anayo
by Peter Anayo0127
.Exports 20m litres of surplus per day   In a landmark shift for Nigeria’s downstream petroleum sector, Dangote Petroleum Refinery & Petrochemicals will supply between 60 and 65 million litres of Premium Motor Spirit (PMS) daily to meet national demand, effectively positioning the country for sustained fuel self-sufficiency while exporting......
Energy

Dangote alleges sleaze at NMDPRA, demands Investigation, prosecution of Farouk Ahmed

Peter Anayo
by Peter Anayo0631
… Says petrol pump price to fall below N740 per litre before Christmas   President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has called for an investigation and prosecution of the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr Farouk Ahmed, accusing......
Business & Economy

Nigeria should not be importing fuel, we have the capacity to meet local demand — Dangote

Peter Anayo
by Peter Anayo0377
… seeks legislative backing for Nigeria First Policy   President/Chief Executive, Dangote Industries Limited, Aliko Dangote, has criticised the crude supply practices of international oil companies, insisting that Nigeria has no justification for importing crude or refined petroleum products if existing laws are properly enforced. Speaking during a visit by......
Energy

Dangote celebrates 1yr of production of PMS, urges Nigerians to encourage more of local production

Peter Anayo
by Peter Anayo0893
…Says “my passion is to liberate Africa from poverty”   UGO AMADI   President of the Dangote Group, Aliko Dangote, has advised the government at all levels and Nigerians to encourage more local investors for the economic development and prosperity of the nation. He also declared that his refinery’s capacity......
Business & Economy

Dangote Group to build 3mmts fertilizer plant worth $2.5bn in Ethiopia

Peter Anayo
by Peter Anayo02224
Ethiopian Investment Holdings (EIH), the strategic investment arm of the Government of Ethiopia, and Dangote Group have announced the signing of a comprehensive shareholders’ agreement to develop, construct, and operate a world-class urea fertilizer production complex in Gode, Ethiopia. Under the partnership structure, EIH will hold a 40% equity stake......
Business & Economy

Dangote, Afreximbank , others sign $1.35bn refinery refinancing deal

Peter Anayo
by Peter Anayo01783
African Export-Import Bank (Afreximbank) has announced the signing of a US$1.35 billion financing facility in favour of Dangote Industries Limited (DIL). The facility is part of a larger, approximately US$4 billion syndicated financing arrangement for Dangote Industries Limited (DIL), Africa’s largest industrial conglomerate. Afreximbank acted as the Mandated Lead Arranger......
Agriculture

Dangote, Niger govt sign agreement to boost rice production

Peter Anayo
by Peter Anayo02489
.As minister lauds Dangote Cement’s Ibese Plant donation of farming inputs to host community   To boost rice production in the country, Dangote Rice Limited, a subsidiary of Dangote Industries Limited, yesterday in Lagos signed a purchase and sale agreement with Niger State Government-owned Niger Foods Security Systems and Logistics......
Energy

Africa losing $90bn annually on imported substandard fuel, Dangote raises alarm

Peter Anayo
by Peter Anayo02254
.Reveals Dangote Refinery still importing 10m barrels of crude monthly from US, others .Mulls African refining hub to curb dependence on imported products   Africa is increasingly becoming a destination for cheap, often toxic petroleum products — many of which are blended to substandard levels that would not be permitted......
Business & Economy

For Growth and Development: Dangote urges wealthy Nigerians to invest in Nigeria

Peter Anayo
by Peter Anayo01538
…Says he defies odds to build $20bn refinery   President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has urged wealthy Nigerians to invest in Nigeria, as it is the only way to build the nation. He said there is no two ways about it: real growth and development......
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