• Dangote to build 250,000 metric tonnes capacity rice mill in Kano

    Dangote to build 250,000 metric tonnes capacity rice mill in Kano

    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.

    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, Zamfara and Kano states.

    She noted that the group’s fertilizer project will be inaugurated by end of next year, adding that it will be the largest fertilizer plant in […]

  • Peter Okoye Hosts African Richest Man, Dangote At His New House (Photos)

    Peter Okoye Hosts African Richest Man, Dangote At His New House (Photos)

    Peter of P-Square hosted Aliko Dangote at the private party of his new crib, which took place on Saturday, November 19. The singer also took the richest man in Africa on a tour to check out his well furnished house.

       

    Peter of P-Square hosted Aliko Dangote at the private party of his new crib, which took place on Saturday, November 19. The singer also took the richest man in Africa on a tour to check out his well furnished house.

  • FG and Dangote Foundation join force against malaria in Nigeria

    FG and Dangote Foundation join force against malaria in Nigeria

    Federal Government of Nigeria and Dangote Foundation have jointly launched a Document tagged “Engaging the Private Sector to Eliminate Malaria in Nigeria”.

    This is a private sector initiative that would explore resources from private investors towards eradicating malaria in the country.

    Malaria has been described as one of the major causes of death of Women and Children in the country, it accounts for 60 % of out patients visits and 30 % of hospital admissions in Nigeria. An estimated 1.1 Billion US […]

  • Buhari should stop giving bail-out funds to lazy governors – Dangote

    Buhari should stop giving bail-out funds to lazy governors – Dangote

    Africa’s richest man, Aliko Dangote, has urged the Muhammadu Buhari government to stop granting bailout funds to state governors.

    According to him, this will not take the country forward.

    “I don’t believe the Federal Government should continue to be bailing out the states, the states have to sit down and plan to cut costs instead of looking for bailout and being lazy,” NTA quoted him as saying.

    “They can create jobs and give incentives to people to come and invest, they should assure […]

  • Dogara charges Dangote, entrepreneurs to tackle recession

    Dogara charges Dangote, entrepreneurs to tackle recession

    According to reports, the Speaker of the House of Representatives, Rt. Hon. Yakubu Dogara, has charged the President of Dangote Group, Alhaji Aliko Dangote, captains of industries and entrepreneurs to make efforts to help Nigeria come out of the current recession.

    The speaker said this in Benin City, Edo State at the Governor’s Ball held in honour of the Edo State governor, Godwin Obaseki, to celebrate his inauguration.

    Dogara made the call in the presence of many heads of industries and players […]

  • I have no plans to establish private university – Dangote

    I have no plans to establish private university – Dangote

    Chairman of Dangote Group Alhaji Aliyu Dangote has said he has no plans to establish a private university.

    He maintained that he would always work toward enhancing the standard of education in the country.

    Dangote spoke through Executive Director, Stakeholders Management and Corporate Communications Mansur Ahmed yesterday at the Royal Tropicana in Kano State.

    Ahmed, who emphasised that Dangote appreciates the role of education in the socio-economic development of any country, noted that he has been and is still helping professionals in diverse […]

  • Dangote, Osundare, Amao bag University of Ibadan honourary degree

    Dangote, Osundare, Amao bag University of Ibadan honourary degree

    Foremost entrepreneur and business guru, Aliko Dangote, has been named among three eminent Nigerians to be conferred with honorary degrees by the premier institution, the University of Ibadan.

    Others to be honoured during the 68 Foundation Day ceremony climaxing the convocation ceremonies of the university on November 17, 2016 in Ibadan, according the University management are Prof. Niyi Osundare and Chief Jacob Olabode Ajao.

    In a letter from the University signed by the Vice-Chancelor, Prof Abel Idowu Olayinka, Aliko Dangote, GCON, who […]

  • Dangote seeks tax reliefs for small businesses

    Dangote seeks tax reliefs for small businesses

    According to reports, the Chairman, Dangote Groups, Mr. Aliko Dangote, on Thursday urged government at all levels to reduce the multiple taxes placed on small and medium businesses.

    Dangote said in a statement in Lagos that the small and medium enterprises would perform better if given tax holidays or seasonal exceptions.

    He said, “With the way the economy is going now, we are in a time when the government should loosen some of its tight regulations so that businesses can grow.

    “Small and […]

  • Crude oil will not return to $80 per barrel, says Dangote

    Crude oil will not return to $80 per barrel, says Dangote

    Africa and Nigeria’s richest man, Aliko Dangote, has said the price of crude oil will never return back to $80 per barrel.

    He stated that if the price of the commodity improved, efforts aimed at diversifying the economy would be jettisoned.

    The business mogul made the remark at a forum in Abuja.

    Dangote promised to crash the price of fertilizer before the end of next year so as to boost agricultural production and guarantee food security in the country.

    He noted that Nigeria’s fertilizer […]

  • Dangote acquires gas processing company in Netherlands

    Dangote acquires gas processing company in Netherlands

    As part of its strategy to meet Nigeria’s gas requirements, Dangote Industries Limited has completed the acquisition of Twister B.V., a company headquartered in The Netherlands.

    Twister B.V. delivers reliable, high-yield and robust solutions in natural gas processing and separation to the upstream and midstream oil and gas sectors.

    Twister’s unique separation capabilities are designed for augmenting production and streamlining processes, to capitalise on high-yield gas processing for maximising revenues.

    Twister B.V. used to be owned by Shell Technology Ventures Fund 1, before […]

  • Fire guts Dangote factory

    Fire guts Dangote factory

    An outbreak of fire has been reported at the packaging material store of Dangote Industries noodles factory in Ikorodu, Lagos State.

    Available information has it that the fire engulfed the factory’s store on Thursday.

    It affected in the main the packaging material section and part of the laminate stores.

    The main production factory and the finished product store were not affected by the fire.

    Fire fighting officials were invited and the fire was successfully put out without any casualties, the company said on Friday.

    It […]