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Posts tagged with "Dangote Refinery"

Dangote wary about plans by NNPC to buy a 20% stake in his new Lekki refinery African News

Dangote wary about plans by NNPC to buy a 20% stake in his new Lekki refinery

AFRICA'S richest man Alhaji Aliko Dangote has expressed concern about plans by the Nigerian National Petroleum Corporation (NNPC) to purchase a 20% stake in his newly-opened Lekki refinery.   A  650,000 barrels per day integrated refinery and petrochemical project, the Dangote refinery in the Lekki suburb of Lagos costs $12bn...
Dangote's bid to buy Arsenal suffers setback as Kroenke says he will not listen to any offers News

Dangote's bid to buy Arsenal suffers setback as Kroenke says he will not listen to any offers

ALHAJI Aliko Dangote's plans to purchase English Premier League side Arsenal in the wake of the European Super League saga have suffered a major setback after current owners the Kroenke family has declared that they will not sell the club.   Currently sitting in mid table in the league, despite struggling over recent years,...
Investment banker Atedo Peterside opposes spending $1.5bn rehabilitating Port Harcourt refinery Politics

Investment banker Atedo Peterside opposes spending $1.5bn rehabilitating Port Harcourt refinery

STANBIC IBTC Bank founder Atedo Peterside has urged the federal government to reconsider it plans to rehabilitate the Port Harcourt refinery pointing out that it should hold a national debate before spending a whopping $1.5bn on the project.   Nigeria has three federal government refineries in Warri, Kaduna and Port Harcourt...
Arsenal polls reveals that the fans believe a Dangote takeover will return the club to winning ways News

Arsenal polls reveals that the fans believe a Dangote takeover will return the club to winning ways

ARSENAL fans have reacted to the growing slump in their team's form by making it clear they would love to see Nigerian billionaire Alhaji Aliko Dangote buy the club and return it to winning ways.   Africa's richest man, Alhaji Dangote, 63, is valued at £8.5bn ($12bn) and is a big Gunners fan, who has repeated tried to...
Nigeria’s 2030 railway development plan African News

Nigeria’s 2030 railway development plan

Ayo Akinfe As the whole world moves away from crude oil Nigeria needs to set herself and ambitious target of making her railway network the new mode of transportation across the country. Just look at how far we are behind other developing nations when it comes to kilometre of railway lines. In the 21st century,...
Buhari commissions Nigeria's largest modular petroleum refinery in Imo State virtually African News

Buhari commissions Nigeria's largest modular petroleum refinery in Imo State virtually

PRESIDENT Muhammadu Buhari has virtually inaugurated the 5,000 barrels per day modular crude oil Waltersmith refinery in Ibigwe in Imo State in a major step aimed at ending Nigeria's dependence on petrol imports.   Despite being Africa's largest crude oil producer and the sixth biggest exporter in the world, Nigeria is a big...
 

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