Browsing: Dangote Industries Limited

Africa’s largest Cement company, Dangote Cement Plc, signed a Memorandum of Understanding for its N150 billion Commercial Paper for Capital Expenditure Working Capital and General Corporate Purpose at the Dangote Group Head Office in Lagos on Tuesday

Key discussions at the event centered on how Africa can ride the ongoing wave of technology enabled disruption to accelerate industrialization and deliver sustainable socio-economic development across the continent and indeed the world

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.

L-R: Joseph Makoju, Honorary Adviser to the President/Chief Executive Officer, Dangote Industries Limited, Aliko Dangote, who stood in for Dangote…

Speaking on the heels of the new policy aimed at reducing the N52 billion spent on the annual importation of 150,000 metric tons of tomato concentrate through the neighboring countries into Nigeria, Dangote said the nation has enough arable land to cultivate and meet local demand for tomatoes