…shareholders commend dividend payment. NASCON Allied Industries Plc have recorded impressive growth in all performance indicators in the year ended December 31, 2022, with profit after tax surging by 84 percent, from N2.97 billion to N5.47 billion. Shareholders at the company’s 2022 annual general meeting (AGM) held at the weekend in Lagos commended the board
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Dangote Refinery will generate $21billion, to employ over 100,000 youths Amid encomium from eminent personalities, which included President Mohammadu Buhari and five other African heads of state, President of the pan-African Conglomerate, Dangote Industries Limited (DIL), Aliko Dangote disclosed yesterday that the newly commissioned 650,000pbd refinery would employ over 100,000 Nigerians youths as well
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Buhari, five African Presidents to commission Dangote Petroleum Refinery (today) In an epoch-making event that will positively transform Nigeria’s oil and gas sectoral landscape, President Muhammadu Buhari will today commission Dangote Petroleum Refinery & Petrochemicals, the world’s largest single train refinery in Ibeju-Lekki, Lagos; alongside his counterparts from Ghana, Togo, Senegal, Niger, and Chad. Promoted by Africa’s richest man, Aliko
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By Godswill Odiong Aliko Dangote, president of the Dangote Group has said that the company will release the first batch of refined products from the 650,000 bpd capacity Dangote Refinery & Petrochemicals plant into the market in July and August this year. In a speech at the refinery inauguration, in Lagos, Dangote said the
Dangote Refinery to process 650,000 barrels per day, products hit market July Read More »
• World Class Projects • The Dangote Petroleum Refinery is located in the in Ibeju-Lekki, Lagos, covering a land area of approximately 2,635 hectares (seven times the size of Victoria Island.) • World’s Largest Single-Train 650,000 barrels per day Petroleum Refinery with 900 KTPA Polypropylene Plant. • The 435 MW Power Plant in the Refinery
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With a few days to the inauguration of Dangote Refinery, the Lagos Chamber of Commerce and Industry wishes to commend the efforts of its visioner, Alhaji Aliko Dangote,and the supportive Federal Government. Expected to be Africa’s biggest oil refinery and the world’s single-trained facility, the Dangote Refinery has a capacity of 650,000 barrels per day,
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JUST IN: How Dangote, Elumelu back NNPC at NUIMS AVAR workshop By Eyo Nsima The Chairman of Dangote Group, Aliko Dangote and the Chairman of Heirs Holding, Tony Elumelu, have given tremendous backing to the Nigerian National Petroleum Company Ltd (NNPCL) in the post-Petroleum Industry Act (PIA) regime. Speaking at the ongoing 2023 Upstream Investment
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By Eyo Nsima President Muhammadu Buhari has concluded plans to inaugurate the 650,000 barrels per day, bpd Dangote Refinery on May 22, 2023. In his tweet obtained by The Daily, www.thedaily-ng.com, Special Assistant to the President on Digital Communications, Bashir Ahmad, stated: “Efforts by the Federal Government to make Nigeria self-sufficient in local refining of
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By Eyo Nsima The Aliko Dangote Foundation (ADF) has commenced the disbursement of a hundred thousand naira (N100,000) and Dignity Packs to each of the Nigerian returnees from Sudan. The money and the Dignity Packs were given out to the evacuees upon arrival at the airport in Abuja yesterday. All the evacuees, irrespective
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Economist: Dangote Urges African Countries to Dismantle Trade Barriers to Sustain Growth, Overall Devt Africa’s foremost entrepreneur and President of the Dangote Group, Aliko Dangote has urged African countries to dismantle all economic barriers hindering free trade among the nations, in order to achieve sustainable growth and development across the continent. The leading private