Dangote invests N400bn in sugar backward integration projects
DANGOTE Group has so far invested over N400 billion in sugar backward integration projects under the Nigeria Sugar Master Plan, (NSMP, being implemented by the National Sugar Development Council, NSDC, to make the country self-sufficient in sugar production. The group is targeting to produce 1.5 million metric tonnes per annum (MT/PA) from various sites across the country in the next 10 years.
Dangote cement hands over drivers to Customs for carrying contrabands
THE transport section of Dangote Cement, Ibese Plant, has intercepted one of the company’s trucks loaded with contrabands in Ibadan, arrested the drivers and handed them over to the Nigerian Customs for further investigations and prosecution.
Ikeja bomb blast: Army, Dangote re-construct barracks
Relief yesterday, came the way of families of some troops who were displaced from their barrack during the 2002 bomb blast, following the construction of a portion of the barracks by the 9 Brigade of the Nigerian Army and Dangote Foundation.
Dangote increases capacity by 1.5mmt in Congo
DANGOTE CEMENT Plc has further increased its production capacity across Africa through the addition of 1.5 million metric tonnes per annum in the Republic of Congo. The just completed new manufacturing plant is located at Mfila, outskirt of Brazzaville.
Stock market rebound: Dangote rakes in N341bn in six days
As the stock rally enters seventh week, there were indications that Aliko Dangote, Africa’s richest man and President of Dangote Group, has recorded a $1.1 billion (about N341 billion) increase in fortune over the last six days.
No stable power supply, no growth—Dangote
Unavailability and erratic supply of power across the continent have been identified as the biggest impediment to Africa’s growth, with an advise to governments to invest in the sector to drive growth.
