Dangote

Tax incentive to Dangote and our failed Federal Govt

Tax incentive to Dangote and our failed Federal Govt

Milton Friedman must have had the Federal Government of Nigeria in mind when he penned the above words. Just like Obafemi Awolowo rightly warned against unitary Nigeria in his  book 'Thoughts on The Nigerian Constitution' in 1967, the Federal Government of Nigeria is now afflicted with ashes touch. Said Awo:  'Besides, it is not difficult to forecast that the work of government in Nigeria under a unitary constitution is bound to become unduly complex, inextricably tangled,extremely unwieldy and wasteful, and productive of disunity and discontent amongst the people. Unless we have veritable supermen at the helm of affairs,the administrative machinery would eventually disintegrate and break down under the crushing weight of 'bureaucratic centralism'.
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FG adopts $11bn Dangote refinery under new petroleum policy

FG adopts $11bn Dangote refinery under new petroleum policy

The Federal Government has adopted the $11billion Dangote refinery, under its new National Petroleum Policy in order to add value to crude oil, reduce high dependence on imported petroleum products and conserve foreign exchange for other developmental projects.

Dangote plans $4.6bn investment in farming over 3 years

Dangote plans $4.6bn investment in farming over 3 years

DANGOTE Group is planning to invest a total sum of $4.6 billion in farming in Nigeria – $3.8 billion in sugar and rice and $800 million in dairy production, over the next three years as the company seeks to expand its operations in the country.