Browsing: Dangote Group

Dangote spoke just as the flagship of the conglomerate, the Dangote Cement Plc, commenced the training of its newly engaged managers in order to sustain its leadership and competitiveness in the industry.

Ambode, who inspected the progress of work alongside cabinet members; billionaire businessmen, Aliko Dangote and Femi Otedola; among other businessmen, said the investments and the infrastructural renewal in the Lekki-Epe axis simultaneously ongoing were geared towards preparing the State for industrial revolution taking place in Nigeria and by extension the West African region

Speaking at the just concluded Kogi State Economic Summit in Lokoja, the businessman said the absence of solid mineral buying centers and lapidaries has enabled the flourishing of cartels who engage in illegal sale of minerals out of the country, with resultant loss of solid minerals revenue from taxes and royalties.

Dangote in a statement revealed that its reaction became very necessary as a result of its status as a publicly quoted company and to further re-assure its shareholders, the regulators and members of the public that the company is and remains a responsible corporate citizen.

The Group Executive Director of the Company, Engr. Ahmed Mansur, who will be leading others to the Tafawa Balewa Square venue of the Day, said Dangote Companies are structured to deliver critical goods and services that are capable of improving the standard of living of the general populace. 

Speaking to a cross section of journalists in his Ikoyi office on Monday, the Group Executive Director, Strategy, Portfolio Development and Capital Projects, Dangote Industries Limited, Devakumar Edwin, revealed that the company has never benefited any tax waivers or credits in its entire history except when it is industry based and apply to all its competitors.