HomeTagsAliko Dangote

Tag: Aliko Dangote

Dangote, Trump, Others Ranked Most Powerful Persons by Forbes

Africa’s richest man and President of Dangote Group, Aliko Dangote, was at the weekend named among other world leaders such as Russian President Vladimir Putin, American President-elect, Donald Trump and German Chancellor, Angela Merkel as the most powerful persons in the world. These personalities were...

Tanzanian Government Frustrates Dangote Cement Plant

Africa’s richest man Aliko Dangote has shut down his cement plant in Tanzania due to high energy costs and a technical glitch at the $500 million factory, according to a government source, who confirmed reports in Tanzanian media. Executives at Dangote Industries Tanzania have recently...

Local Cement Production Saves Nigeria $2bn Annually – Dangote

Nigeria is saving about $2bn annually as a result of the local production of cement by different manufacturers, the Dangote Group has stated. It also stated that the upsurge in cement production had helped increase the manufacturing sector’s contribution to Nigeria’s Gross Domestic Product from...

Discos to Dangote: We can’t fix Electricity in 3 years

The Association of Electricity Distribution (ANED) in Nigeria has faulted the statement credited to a business mogul, Alhaji Aliko Dangote, the president of Dangote group that the power privatization should be reversed by the federal government. Dangote had last week in Jos said that the...

100 Million Nigerians Living in Poverty- Dangote

The President, Dangote Group, Aliko Dangote, has said that more than 100 million out of the country’s estimated population of 187 million are wallowing in poverty. He told participants at the Executive Course No. 38, 2016 of the National Institute for Policy and Strategic Studies,...

Dangote to FG: Reverse Power Privatisation

The President/CEO Dangote Group, Aliko Dangote has said the power sector privatisation was done wrongly and suggested it should be reversed. He said the problem in the power sector has persisted despite privatisation because the buyers lack understanding of the complexities of the sector. Dangote made...