Dangote
Contract Policy: FG empowers local firms with exclusive N20bn
The Federal Government has announced a new contract policy reserving, all contracts valued below ₦20 billion exclusively for indigenous construction companies, in a move designed to strengthen local capacity, boost the economy, and reduce dependence on expatriate firms. Minister of Works, Senator David Umahi, disclosed this during an inspection of the ongoing dualisation of the […]
Naira-for-Crude contract with Dangote Refinery Clarified by NNPC
NNPC has made over 48 million barrels of crude oil available to Dangote Refinery since October 2024. The Nigerian National Petroleum Company Limited (NNPC) and the federal government announced yesterday that there are no intentions to cancel the Naira-for-crude contract with local oil refineries. This includes the Dangote refinery in Lagos, which has a capacity […]
Refinery Worth $23bn is the Greatest Risk of my Life- Dangote
An exclusive interview with Forbes was conducted on Monday, and during the chat, Dangote discussed the dangers that are associated with launching a huge enterprise. Aliko Dangote, a billionaire himself, has acknowledged the difficulties he encountered in bringing the $23 billion Dangote Refinery project to reality. He has referred to the project as the biggest […]