Mr Dangote said small groups profited from local product allocations under the subsidy regime and that subsidy payments alone reached nearly $10 billion annually.

Dangote's planned East Africa refinery will model his recent mega project in Nigeria's Lagos.

Aliko Dangote says he opposed moves by NNPC Limited to increase its stake in the $20 billion Dangote Petroleum Refinery, insisting the company’s strategy is to broaden ownership…

Mr Dangote said small groups profited from local product allocations under the subsidy regime and that subsidy payments alone reached nearly $10 billion annually.

Africa’s richest man, Aliko Dangote, recently disclosed that his conglomerate, the Dangote Group, is set to allocate an incredible sum for significant projects, such as a new…