Dangote Invests $700m in Nigeria's Sugar Industry   Aliko Dangote, President of Dangote Group, has reiterated the company's pledge to halt raw sugar imports in Nigeria, backing this commitment with a massive investment of over $700 million in the country's sugar production sector. Dangote, who spoke on Wednesday during the...

'We Invested Over $25bn in Oil, Cement, Sugar in Seven Years'   Africa’s richest man, Aliko Dangote, has disclosed that his business conglomerates have invested over $25 billion in sectors such as oil and gas, cement and sugar in the last seven years in Nigeria. Dangote made...

'Why FG Must End Petrol Subsidy Now'   The President and Chief Executive of Dangote Group, Alhaji Aliko Dangote, has called on the Federal Government to end fuel subsidies completely. He said the removal would help determine the actual petrol consumption in the country, as he confirmed...

Dangote Unveils Petrol Price, Pledges to End Fuel Scarcity Within 48 Hours   Aliko Dangote, owner of the Lagos-based Dangote Refinery, announced on Tuesday that petrol produced at his 650,000 barrels per day facility will hit the market within 48 hours, pending finalization of modalities with...

At Last, Dangote Refinery Commences Production of PMS   After over a year of its launch in May 2023, Dangote Refinery, on Tuesday, rolled out its first Premium Motor Spirit (PMS), also known as petrol, from its 650,000 barrels per day facility. At a press conference, owner...

Dangote Refinery, Tinubu Panel Agree On Sept Petrol Rollout   The Federal Government’s committee which was set up to ensure the implementation of crude oil sales to local refineries in naira has reached an agreement with the Dangote Petroleum Refinery for the rollout of Premium Motor...