Dangote Announces Plan to Slash Petrol Price Further as Experts Predict New Cost
6 Articles
6 Articles
Nigerian businessman Aliko Dangote is by far the first fortune in Africa with a capital of $23.4 billion. But this sexanarian who made a fortune in cement and oil remains unknown: philanthropist and football fan, he is also surrounded by suspicions related to corruption cases.
NNPC Considers Selling Government-owned Refineries Following Dangote's Comments
The Nigerian National Petroleum Company Limited (NNPC Ltd) is reportedly considering divesting from some of its state-owned refineries, following recent remarks by Africa’s richest man and Chairman of the Dangote Group, Aliko Dangote, questioning the economic viability of rehabilitating government-run refineries. Dangote, whose newly commissioned 650,000 barrels-per-day refinery in Lagos is set to be the [...] Source from InfoStride News
Dangote Casts Doubt on Nigeria’s Refineries Despite $18bn Investment
By: Daure David Africa’s richest man, Alhaji Aliko Dangote, has delivered a sobering verdict on the future of Nigeria’s state-owned refineries, declaring that they may never function again despite an estimated $18 billion spent on their rehabilitation. Speaking during a visit by members of the Global CEO Africa group to the Dangote Petroleum Refinery […] The post Dangote Casts Doubt on Nigeria’s Refineries Despite $18bn Investment appeared first…
Nigeria’s Dangote Refinery announces a major development plan in Namibia which will benefit Zambia, Zimbabwe, Botswana and others - The Zambian Observer
Dangote Petroleum Refinery continus it’s expansion in Africa and this time Namibia is their next destination. Reports suggest the Dangote’s refinery is planning to construct a fuel storage facility in Walvis Bay, Namibia. The project is said to have a capacity of at least 1.6 million barrels of gasoline and diesel. This strategic move aims […] The post Nigeria’s Dangote Refinery announces a major development plan in Namibia which will benefit Z…
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