April 28, 2024
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Shareholders hail Dangote over Cement’s N272.6bn dividend

By Ele Ifah Sunday 199 0
Shareholders of Dangote Cement Plc on Wednesday commended the Management of the company for an impressive performance despite the economic challenges in the year under review. Unanimously, the shareholders approved N272.6 billion as a dividend, translating to N16 per share for the year ended December 31, 2020. The 16 percent increase in the company’s revenue led […]Continue Reading
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Governors snub Routine Immunization and endanger children – Report

By Ele Ifah Sunday 181 0
The World Immunization Week 2021, meant to emphasize the value of vaccines in preventing diseases that were previously life-threatening, was commemorated last week. However, a report by the Partnership for Advocacy in Child & Family Health at Scale (PACFaH@Scale) shows that state governments are not committed to Routine Immunization, as seen in sloppy budgetary Continue Reading
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‘Nigeria is Printing Money’ – The Road to Zimbabwe

By Ele Ifah Sunday 199 0
By Nick Agule Within the last week, a war of words has ensued over the management of the Nigerian economy with Gov Obaseki of Edo State firing the first salvo by accusing the FG of the catastrophic management of the economy alleging that the FG is printing money to fund federal allocations. Nigeria’s Finance Minister […]Continue Reading
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Dangote: Cement price from our Factories is between N2,450 and N2,510 per Bag, VAT inclusive

By Ele Ifah Sunday 137 0
…says Nigeria price is in line with or lower than prices across the West African coast  Management of Dangote Cement Plc has clarified that the price of a bag of cement from its factories and plants across Nigeria (as of 12th April 2021) is N2,450 in Obajana and Gboko, and N2,510 in Ibese inclusive of […]Continue Reading
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Prospects of Dangote Fertiliser’s Imminent Roll Out Excites Ogun Farmers

By Ele Ifah Sunday 206 0
Farmers in Ogun state have said that they are eagerly awaiting the commencement of operations of the Dangote Fertiliser plant which is expected to roll out its first bag anytime from now. The farmers made this known during an interaction with the Dangote Fertiliser team at the ongoing 10th Gateway International Trade Fair holding in Abeokuta. […]Continue Reading
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Dangote Sugar denies involvement in price-fixing, asserts its strong participation in the NSMP  

By Ele Ifah Sunday 168 0
 Dangote Sugar Refinery PLC (DSR) is aware of an online publication claiming that Dangote Sugar Refinery PLC is engaging in price-fixing and is not honestly engaged in any Backward Integration Programme as claimed. DSR wishes to vehemently refute the allegations and assertions in their entirety as the false allegations are geared at tarnishing the good […]Continue Reading
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Oil Subsidy and Economic Growth: What does Economic Theory tell us?

By Ele Ifah Sunday 196 0
By Professor Abdelrasaq Na-Allah  In the nearly two and half centuries of economists’ attempts to understand the dynamics of growth the perspective inspired by free-market ideology is seminal and up till now represents the most enduring contribution to the field. It first emerged in the 18th century through the works of Adam Smith and later […]Continue Reading
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Gov Sanwo-Olu thanks Dangote, excited over Refinery, Fertiliser Progress, Impact

By Ele Ifah Sunday 147 0
Lagos State governor, Babajide Sanwo-Olu, has commended the Dangote Group for situating the biggest investment in the country in Lagos State, and for the positive development which the Dangote Oil Refinery and Dangote Fertiliser Complex would bring to Lagos and the Nigerian economy. President of the Dangote Group, Aliko Dangote, on his part thanked the […]Continue Reading
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New WEF African Global Leaders to Get Aliko Dangote Fellowship

By Ele Ifah Sunday 234 0
Eleven young enterprising Africans, among them two Nigerians, who have been named Young Global Leaders (YGL) by the World Economic Forum (WEF) for 2021, are to benefit from the Aliko Dangote Fellowship endowed to support African Young Global Leaders. The beneficiaries are among 112 persons under 40 years of age, selected as Young Global Leaders […]Continue Reading
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Dangote Sugar increase production by 13.7% despite pandemic

By Ele Ifah Sunday 164 0
Despite the disruptions to the economy, owning majorly to coronavirus pandemic, Dangote Sugar Refinery recorded an increase in production volume which rose by 13.7 percent to 743,858 tonnes in the financial year ended December 31, 2020, compared to 654,071 tonnes in 2019. The sugar group also posted an increase in sales volume which rose by   […]Continue Reading
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Dangote Grooms Nigerian Engineers to Manage Refinery Complex on Completion

By Ele Ifah Sunday 169 0
The Management of Dangote Oil Refinery is preparing young Nigerian graduates to take over the management of its 650,000 barrels per day single train refinery when it becomes operational in 2022. Already, the company has trained several Nigerian engineers in some of the world’s biggest refineries in India and other parts of the world to […]Continue Reading
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