Ahmed has also faced calls for his sacking following his public feud with Aliko Dangote who operates the world's largest single train refinery...
The threat of more mass protests and the spiralling cost of petrol over 1 000 naira (62 US cents) a litre in parts of Nigeria have played to Aliko Dangote's advantage in his latest battle with President Bola Tinubu's government (AC Vol 65 No 17 As the protests rage Tinubu risks losing the north)...
Why Dangote's refinery made so many enemies Despite complaining about successive governments Aliko Dangote always rejected calls to run for office...
The probe into Emefiele's tenure at the CBN is also central to the political battle between Aliko Dangote and President Tinubu's government which could determine the fate of the businessman's US$20 billion oil refinery the biggest industrial project in Africa...
Another intervention came from Aminu Alhassan Dantata a Kano businessman and uncle of Aliko Dangote Africa's wealthiest man...
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' Officials at Dangote Group chaired by Africa's wealthiest man Aliko Dangote were also angered by the raid insisting that there are '…no accusations of wrongdoing' against it...
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To assist Aliko Dangote Africa's richest man the government has been selling subsidised foreign exchange to the refinery and the state oil company has taken an equity stake in the project and will guarantee supplies of fuel to it...
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Plagued by logistical obstacles the pandemic and doubts about the future of Nigeria's fossil fuel industry Aliko Dangote's mega fertiliser petrochemical and oil refinery complex is still a gamechanger for the country's – and the region's – economy...
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After decades of shortages and over-priced products many Nigerians has been hoping that this year's opening of the 600 000 b/d refinery by cement magnate Aliko Dangote's company would end the recurrent crises in Africa's biggest oil-producing economy...
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Vol 63 No 3 |
- ECONOMY
- AFRICA
In other cases grand industrial projects were not enough to make a significant impact on growth – examples being Aliko Dangote's gargantuan oil refinery fertiliser and petrochemical plant in Nigeria and the Ethiopian government's agro-processing schemes (AC Vol 62 No 17 Energy law unsettles rentiers)...
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Most outraged at the sudden move was Nigerian billionaire Aliko Dangote who had opened a large cement plant in Mtwara on government promises of cheap power (AC Vol 58 No 1 The power and the glory)...