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FG Expects Dangote Refinery To Take Off Q1, 2023

FG Expects Dangote Refinery To Take Off Q1, 2023   The Nigerian National Petroleum Corporation (NNPC) expects the Dangote Refinery project to take off in the first quarter (Q1) of 2023, its Group Managing Director Mele Kolo Kyari said on the sidelines of the World Gas...

Osinbajo: FG, Nasarawa To Fight Against Illegal Mining  

Osinbajo: FG, Nasarawa To Fight Against Illegal Mining   The Vice President of Nigeria, Yemi Osinbajo has called for a stronger collaboration between federal government and the Nasarawa state government in order to regulate illegal mining in the state. According to Daily Trust, Professor Osinbajo made the...

Sugar Backward Integration’ll Save Nigeria $700m Annually – Dangote

Sugar Backward Integration’ll Save Nigeria $700m Annually – Dangote       Dangote Sugar Refinery Plc has said Nigeria will save up to $700m of foreign exchange yearly from sugar production self-sufficiency if the government faithfully follows through the backward integration policy in the sugar industry. The Chairman of...

Dangote Cement Pays N273bn Dividend

Dangote Cement Pays N273bn Dividend       Shareholders of Dangote Cement Plc yesterday commended the management of the company for an impressive performance despite the economic challenges in the immediate past business year. The shareholders approved N272.6 billion as dividend, translating to N16 per share for the year...

Panel To Probe NPA’s Suspended MD For Inauguration Today

Panel To Probe NPA's Suspended MD For Inauguration Today       The Federal Government may on Monday (today) inaugurate a panel to investigate Nigerian Ports Authority under suspended managing director, Hadiza Bala-Usman. Economic Confidential had earlier reported that President Muhammadu Buhari was probing the alleged non-remittance of N165.32bn...

Undue Enrichment of Aliko Dangote at the Expense of Nigeria

Undue Enrichment of Aliko Dangote at the Expense of Nigeria By Edward Ejike Okpa       For disclosure, I offer the following comments based on my understanding of public finance, economic development, public policy, currency stabilization, anti-trust and monopoly. I have no qualms how rich Aliko Dangote is or...