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' Officials at Dangote Group chaired by Africa's wealthiest man Aliko Dangote were also angered by the raid insisting that there are '…no accusations of wrongdoing' against it...
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To assist Aliko Dangote Africa's richest man the government has been selling subsidised foreign exchange to the refinery and the state oil company has taken an equity stake in the project and will guarantee supplies of fuel to it...
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Plagued by logistical obstacles the pandemic and doubts about the future of Nigeria's fossil fuel industry Aliko Dangote's mega fertiliser petrochemical and oil refinery complex is still a gamechanger for the country's – and the region's – economy...
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After decades of shortages and over-priced products many Nigerians has been hoping that this year's opening of the 600 000 b/d refinery by cement magnate Aliko Dangote's company would end the recurrent crises in Africa's biggest oil-producing economy...
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Vol 63 No 3 |
- ECONOMY
- AFRICA
In other cases grand industrial projects were not enough to make a significant impact on growth – examples being Aliko Dangote's gargantuan oil refinery fertiliser and petrochemical plant in Nigeria and the Ethiopian government's agro-processing schemes (AC Vol 62 No 17 Energy law unsettles rentiers)...
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Most outraged at the sudden move was Nigerian billionaire Aliko Dangote who had opened a large cement plant in Mtwara on government promises of cheap power (AC Vol 58 No 1 The power and the glory)...
A lobby of oil traders have seized on proposals introduced by legislators that they say will unduly benefit Aliko Dangote Nigeria's wealthiest businessman...
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Vol 62 No 11 |
- FRANCE
- AFRICA
The biggest breakthrough in Paris this week came at the special conference on Sudan which brought together an impressive group of investors including telecoms pioneer Mo Ibrahim and Nigeria's cement and farming magnate Aliko Dangote...
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The downstream sector also faces radical change with a deluge of new refineries due to start up over the next three years by billionaires Aliko Dangote and Abdul Rabiu fresh investment to rehabilitate the four domestic refineries and several other private sector-sponsored projects...
The reach of Aliko Dangote dominant in cement production and agribusiness is to extend to heavy industry with the launch a 650 000 barrel-a-day refinery fertiliser and petrochemicals plant in Lagos state early next year...
