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Dangote Group Pledges to Make Nigeria Self-Sufficient in Cement, Petroleum, and Agriculture

Dangote Group Pledges to Make Nigeria Self-Sufficient in Cement, Petroleum, and Agriculture

Our Reporters03 mins

Dangote Industries Ltd. has reaffirmed its commitment to making Nigeria self-sufficient in key sectors including cement production, agriculture, mining, and petroleum refining. Dr. Abayomi Shittu, Regional Sales Director (Southeast) of Dangote Cement, made this declaration during an interview with the News Agency of Nigeria (NAN) on Sunday at the ongoing 36th Enugu International Trade Fair. “Dangote Industries Ltd. operates across multiple sectors such as cement, sugar, salt, poly products, real estate, agriculture, logistics, telecommunications, steel, oil, and gas,” Shittu explained. He highlighted that three of its major subsidiaries—Dangote Cement Plc, Dangote Sugar Refinery Plc, and NASCON Allied Industries Plc (makers of Dangote Salt)—are listed on the Nigerian Stock Exchange, showcasing the company’s strong investment presence in Nigeria. “Our continuous innovation, value creation, and investments in Nigeria are fueled by our firm belief in the country’s immense economic potential,” he added. Shittu further discussed the group’s impact, noting that the Dangote Sugar Refinery’s out-grower scheme has provided employment to thousands of farmers in its host communities, boosting local economies. He also emphasized the transformative role of Dangote Fertiliser in Nigeria’s agricultural sector, along with the expected economic benefits from the Dangote Petroleum Refinery, which is set to drive the development of related industries. “In addition, we hire engineering and technology graduates and provide training in various industrial operations to build local expertise,” Shittu said. He commended the Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA) for organizing valuable trade fairs, describing the Enugu event as a key platform, given the state’s strong industrial base in the Southeast and South-South regions. “ECCIMA trade fairs provide an exceptional opportunity for industries like ours to connect with customers and partners from these regions,” he noted. The 36th Enugu International Trade Fair continues to attract major industry players, highlighting investment opportunities and encouraging business collaborations.

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Holiday Bonanza: Dangote Reduces PMS Price to N899.50k

Our Reporters03 mins

Dangote Petroleum Refinery has reduced the price of its Premium Motor Spirit (PMS) product to below N900 per litre, to provide much-needed relief for Nigerians ahead of the holiday season. Africa’s first privately-owned oil refinery, which previously lowered the price to N970 per litre on November 24, has now announced a new price of N899.50 per litre. This reduction is designed to ease transport costs during the festive period. In a statement issued by the Group Chief Branding and Communications Officer of Dangote Group, Anthony Chiejina, the company also introduced a special offer to further benefit consumers. In addition to the holiday discount, Dangote Petroleum Refinery is allowing consumers to purchase an additional litre of fuel on credit for every litre bought on a cash basis. “To alleviate transport costs during this holiday season, Dangote Refinery is offering a holiday discount on PMS. From today, our petrol will be available at N899.50 per litre at our truck loading gantry or SPM. Furthermore, for every litre purchased on a cash basis, consumers will have the opportunity to buy another litre on credit, backed by a bank guarantee from Access Bank, First Bank, or Zenith Bank,” said Chiejina. The refinery also expressed its gratitude to Nigerians for their continued support as the country enters the festive season. Chiejina further emphasised the refinery’s commitment to ensuring Nigerians have access to premium quality petroleum products that are competitively priced, as well as environmentally and engine friendly. He highlighted that the refinery’s operations mark the end of Nigeria being a dumping ground for substandard and ‘blended’ imported products, which have posed significant risks to human health, machinery, and the environment. The Dangote Refinery, with a capacity of 650,000 barrels per day (BPD), is the largest single-train refinery in the world. It is fully capable of meeting 100% of Nigeria’s refined petroleum product requirements, with a surplus available for export.

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