Dangote Sugar Refinery Plc
‘Nigeria loses over 300,000MT of local sugar demand to smuggling yearly’
The Chairman of Dangote Sugar Refinery Plc, Aliko Dangote has warned that Nigeria is losing over 300,000 metric tonnes of local sugar demand to smuggling on yearly basis. This figure is huge, as smuggling continues to adversely affect the nation’s sugar industry, he said on the sidelines of the 13th yearly general meeting of…
‘The idea of imposition is not ideal in a democracy’
I prefer to look at the prospects of Nasarawa State before the challenges. There is the slogan that says ‘Nasarawa State is the home of minerals.’ I don’t want to limit it to solid minerals, because we have both solid and non-solid minerals in the state.
Dangote Sugar pays N21 billion in dividend, N121 billion on asset acquisition
Dangote Sugar Refinery Plc has increased dividend pay out to shareholders for the 2017 financial year by 192 per cent to N21 billion, translating to 175 kobo per share from N7.2 billion or 60 kobo per share in 2016, in line with its resolve to deliver decent returns on investments.
Dangote to intensify local sourcing of sugarcane for refining
To consolidate its earnings and position in the sugar industry, Dangote Sugar Refinery Plc has concluded plans to intensify its refined sugar from locally grown sugarcane. The move will aid self-sufficiency in sugar production and eliminate reliance on foreign exchange....