Tag: Alhaji Aliko Dangote

The ta-ta-ta-ta at Obajana By Festus Adedayo

Emporium Reporters

Lokoja, the capital of Kogi State, is facing one of its worst disasters ever. Four persons, which included a three-year-old baby, according to press report, were swept away to their deaths last week by a flood which broke its barriers. Ibaji Local Government Area of the state is the worst hit by a flood that broke the confluence of the Niger and Benue rivers coursing through Lokoja. Travelers passing through the 196-kilometre-Lokoja-Abuja highway which connects the North and South got stranded and the road literally cut off. The Niger and…

Dangote oil refinery to commence production this year

Emporium Reporters

Nigeria’s giant new Dangote oil refinery will start processing crude in the third quarter of this year. Mechanical work on the refinery is complete and “hopefully before the end of third quarter we should be in the market,” Aliko Dangote, chairman of Dangote Industries Limited, said in a briefing at the plant site in Lagos. The plant will start with a processing capacity of 540 000 barrels a day, Dangote said. “Full production can start maybe, by the end of the year or beginning of 2023,” he said.…

Gov Sani Bello mourns Sani Dangote

Emporium Reporters

Niger State Governor , Abubakar Sani Bello has described the death of Sani Dangote, younger brother to Aliko Dangote as a colossal loss to the family and the nation. Governor Sani Bello in a statement said the country has lost an experienced technocrat, established business magnate and a silent achiever who contributed immensely to the economic growth of the country. He added that the business tycoon with more than 30 years experience in manufacturing, agriculture and oil services will be greatly missed. While condoling with the family members, friends and…

$500m Tunga sugar refinery ‘ll produce 90 megawatts, creates over 150, 000 jobs – Dangote

Emporium Reporters

President, Dangote Group, Alhaji Aliko Dangote, said close to $500m have been expended on the Dangote Sugar Refinery in Tunga, Nasarawa State, with the project when completed, expected to generate 90 megawatts of power, as well as provide direct employment for thousands. Alhaji Dangote disclosed this when he led the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, as well as the Minister of Industry, Trade and Investment, Otunba Niyi Adebayo, on a tour of the facility, on Thursday. According to him, when the project fully takes off,…

DANGOTE, BUA AND MATTERS ARISING By Abba Dukawa

Emporium Reporters

Last December China’s State Administration for Market Regulation (SAMR) announced that it was investigating Alibaba for alleged monopolistic business practices. The investigation came when SAMR realised that he had abused its market dominance when punished merchants if they didn’t sell their merchandise exclusively on its platforms through a practice dubbed “er xuan yi,” which means “choose one out of two.” Just last Saturday SAMR fine Alibaba $2.8 Billion For Abusing Its Dominant Market Position.   This is how supervision agencies of businesses of any country should be by protecting all.…

Dangote donates 150 multi-million fully kitted vehicles to Police

Emporium Reporters

In an unprecedented show of philanthropy, the Aliko Dangote Foundation yesterday in Abuja, donated 150 fully kitted operational cars worth several hundreds of Naira to the Nigeria Police Force. The donation, the Inspector General of Police, Ibrahim Idris said was the single biggest donation ever by a private sector operator to the Police. Speaking during the formal handover of the cars at an event attended by the Vice-President, Prof. Yemi Osinbajo, Ministers, State governors as well as the entire police hierarchy, Chairman of the Foundation, Aliko Dangote explained that gesture…

NIGERIA NEEDS VIBRANT AGRICULTURAL SECTOR TO GROW, SAYS GOV SANI-BELLO …Lauds President Buhari’s Vision

Emporium Reporters

Niger State Governor, Alhaji Abubakar Sani-Bello on Thursday said the country require a vibrant agricultural sector if we are to achieve a hunger-free nation. The Governor said this in his welcome address at the official commissioning of the N50 billion Sunti Golden Sugar Estates, a subsidiary of Flour Mills Nigeria Plc in Kudu, Mokwa Local Government area of Niger State. Governor Sani-Bello noted that the country also need the sector to help drive income growth, accelerates food security, and generates employment for our youthful population. He however said that the…

SPORTS DEVELOPMENT: Dangote Group Receives Certificate of Appreciation

Emporium Reporters

President/CEO , Dangote Group, Aliko Dangote has earned a certificate of appreciation from the Organising Committee of Dala Hard Court Championship for helping to maintain its status as the only national Tennis championship in the region, by donating N10 million for this year’s event. The Africa richest man was honoured for his unalloyed support to sports development and Lawn Tennis in particular, The Conglomerate received the Certificate of Appreciation for the commitment during the closing ceremony of the championships held at the Kano Club, Kano state. The most outstanding players…