Tag: Aliko Dangote

NNPCL Boss hails Ɗangote refinery as ‘world-class marvel’

Aminu Imam
NNPCL Boss hails Dangote

…As Ɗangote Group plans public share offer The Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has described the Dangote Petroleum Refinery as a “world-class technological marvel,” urging Nigerians to take pride in what he called one of the boldest industrial achievements in the country’s history. Ojulari made the remarks at the weekend during a landmark visit to the 650,000-barrels-per-day facility, accompanied by members of the NNPC Board and executive management team — the company’s first official tour of the refinery. Commending billionaire industrialist Aliko…

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Alleged defamation: Ɗangote slams ₦100bn threat on critic

Aminu Imam
Ɗangote slams

…Faces ICPC over $7m school fees petition President of the Ɗangote Group, Aliko Dangote, is simultaneously battling a defamation controversy and pushing a high-profile anti-corruption petition, as the ICPC formally opens an investigation into his allegations against the immediate-past Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed. In one front, Ɗangote has issued a seven-day ultimatum to a Kaduna-based businessman, Engr. Kailani Mohammed, demanding a public retraction and unreserved apology over what he described as libelous statements made during a televised interview.…

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Ɗangote petitions ICPC over alleged corruption, lavish lifestyle of NMDPRA Chief

Aminu Imam
Ɗangote petitions

Chairman of Ɗangote Group, Aliko Ɗangote, has formally petitioned the Independent Corrupt Practices and Other Related Offences Commission (ICPC) over alleged corruption, financial impropriety, and abuse of office by the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Ahmed Farouk. The petition, dated December 16, was submitted through Ɗangote’s lawyer, Ogwu James Onoja (SAN), and acknowledged by the ICPC Chairman, Dr. Musa Adamu Aliyu (SAN). Ɗangote urged the anti-graft agency to immediately arrest, investigate, and prosecute the NMDPRA boss. Central to the petition is the…

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Alleged corruption: Ɗangote seeks probe of NMDPRA MD over $5m Swiss school fees

Aminu Imam
Ɗangote seeks probe

Chairman of Ɗangote Industries Ltd., Aliko Ɗangote, has accused the Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, of corruption, alleging that he spent about $5 million on secondary school education for his children in Switzerland. Ɗangote, who made the claim on Sunday during a media briefing at the Ɗangote Petroleum Refinery and Fertiliser Plant in Lekki, Lagos, described the alleged spending as excessive for a public servant and a threat to public trust in regulatory institutions. Ɗangote claimed that Ahmed paid the amount…

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Gov. Yusuf lauds Ɗangote for dedicating 25% of wealth to charity

Aminu Imam
Gov. Yusuf lauds Ɗangote

…As Foundation sets support for out-of-school children  Kano State Governor, Abba Kabir Yusuf, has applauded Aliko Ɗangote for dedicating 25% of his wealth to charity, describing the gesture as a historic boost to human development and a model for philanthropic leadership in Africa. This was contained in a statement issued yesterday by the governor’s spokesperson, Sunusi Bature Dawakin-Tofa. The Governor referenced these remarks during an event held at Eko Hotels, Lagos, which attracted top national stakeholders, including the Vice-President, the governors of Kano, Gombe, Nasarawa and Borno, alongside the two…

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Hackers hack phones of Ɗangote, Otedola; demand ransom

Aminu Imam
Dangote, Otedola

Hackers have reportedly broken into the mobile phones of two of Nigeria’s top billionaires, Aliko Ɗangote and Femi Otedola. According to reports, both men had their phones compromised within the past week, with the intruders making direct financial demands. Otedola, Chairman of FirstHoldCo Plc, was hacked once, while Dangote — Africa’s richest man — suffered two breaches within 48 hours. It is still unclear whether the business moguls have fully regained control of their devices, but sources say the attackers immediately demanded ransom. “The hackers are asking for money from…

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“We reorganised our workforce over staff sabotage” — Ɗangote Refinery denies mass sack

Aminu Imam
Ɗangote Refinery denies

The management of Ɗangote Petroleum Refinery has denied reports suggesting a mass sack of its workers, clarifying that the recent reorganisation within its facility was due to repeated cases of sabotage. In a press statement issued yesterday, the refinery explained that the decision was not arbitrary but became necessary to safeguard operations and ensure safety within the facility. “The Ɗangote Petroleum Refinery wishes to clarify recent reports concerning the ongoing reorganisation within its facility. This exercise is not arbitrary. It has become necessary to safeguard the refinery from repeated acts…

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“We’ve sunk ₦2tr in trucks; no one can tell us to park” – Ɗangote

Aminu Imam
Dangote on trucks

Africa’s richest man, Aliko Ɗangote, has responded to the recent dispute between his company and the oil workers’ union, NUPENG, over his newly purchased trucks meant to move fuel from his refinery to filling stations across Nigeria. Recall that the union had raised concerns that the new development could put many of their drivers out of work. But Ɗangote dismissed those fears, insisting that no one is losing their jobs because of the trucks. In a video which was circulated on social media at the weekend,h e explained that his…

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“Your doubts can’t Kill Ajaokuta” – FG counters Ɗangote

Aminu Imam
FG counters Ɗangote2

…As Aliko dares marketers, rejects ₦1.5tr subsidy demand A brewing face-off has emerged between the Chairman of the Ɗangote Group, Aliko Ɗangote and the Federal Government, as both sides traded words over the future of Ajaokuta Steel Complex and the politics of petroleum pricing. Recall that Aliko Ɗangote recently cast doubt on the viability of reviving the Ajaokuta Steel Company Limited (ASCL), citing outdated technology and global competitiveness concerns. He argued that the plant “would not work” under present industrial realities, even while acknowledging that no nation can thrive without…

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Ɗangote declares Ajaokuta Steel Complex ‘obsolete’

Aminu Imam
Ajaokuta Steel Complex

…Warns against ‘importing poverty’ President of Ɗangote Petroleum Refinery, Aliko Ɗangote, has said the long-delayed Ajaokuta Steel Complex may never come to life, arguing that advances in global technology have overtaken the project. Speaking in an interview with newsmen on Tuesday, Ɗangote stressed the importance of steel to national development but ruled out the possibility of reviving Ajaokuta. “The steel we are talking about, we will definitely look at the opportunities of doing that. There is no nation that you can build without a steel industry. Honestly, just between us,…

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