•Dangote and Otedola Billionaire businessman and chairman of Geregu Power PLC and FBN Holdings, Femi Otedola has expressed strong support for the chairman of Dangote Industries Limited, Aliko Dangote, and his refinery project. Recall that a heated dispute between Africa’s richest man and Nigeria’s oil sector regulators has set many tongues wag...
•Atiku Former Vice-President Atiku Abubakar has waded into the controversy between Dangote Refinery and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), saying no investor will trust a nation that undermines its key assets. The opposition leader in a post on his verified Facebook account posted that the 650,000 bp...
The House of Representatives has called for the suspension of the Chief Executive of the Nigerian Midstream and Downstream Petroleum Authority (NMDPRA) pending conclusive investigations into the allegations against the Authority. This followed the adoption of a motion of urgent public importance by Hon. Esosa Iyawe on the House’s urgent need t...
•Aliko Dangote Africa’s richest man Aliko Dangote says some staff members of the Nigerian National Petroleum Company (NNPC) Limited and oil traders operate a blending plant in Malta, an island country in Europe. Dangote stated this over the weekend when he received the leadership of the House led by Speaker Tajudeen Abbas and his deputy [&hell...
Africa’s wealthiest man, Aliko Dangote, says one of his friends who started investing abroad four years ago, has been taunting him over the back and forth with the government in recent times. Dangote has been having issues with the government over his refinery project in Lagos, reports Daily Trust. He had earlier narrated how a […]
•House of Reps leaders visit Dangote refinery Africa’s richest man, Aliko Dangote, has rejected claims that petroleum products from his refinery are substandard. Dangote rejected the allegations yesterday when the leadership of the House of Representatives visited and toured the refinery located at the Lekki Free Trade Zone in Lagos, reports C...
•Bags of cement The joint committee of the House of Representatives investigating arbitrary rise of cement price in the country, has asked major producers in the industry to tender documents on cost production to justify the price of cement in the market. The committee resolved to visit production plants of the companies after going though [&h...
•Dangote The Dangote Industries Limited (DIL) said local petrol prices will continue to increase as trading arms offer cargoes at $2-$4 per barrel above the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) official price. Vice President of Oil & Gas, Dangote Industries Limited, Mr DVG Edwin stated this while responding to a stateme...
•Aliko Dangote Africa’s richest man, Aliko Dangote, says his knack for industrialisation in Nigeria is the reason he doesn’t have houses abroad. Dangote noted that having houses in London or the United States of America would distract him from his focus on making Nigeria a hallmark of industrialisation, reports The PUNCH. The billionaire state...
•Aliko Dangote Chairman of the Dangote Group, Aliko Dangote, has said the Nigerian economy can be turned around in a few months. Addressing State House Correspondents after the inauguration of the Presidential Economic Coordination Council (PECC) by President Bola Tinubu, Dangote said the Public and private sectors would work together to revam...
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