Tuesday, 26th October 2021
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Devakumar Edwin

31 Aug
Dangote Industries Limited has said its $2bn petrochemical plant in Lagos is designed to produce 77 different high-performance grades of polypropylene in the country.
5 Oct 2020
A couple of years back, we had the Abuja Convention where it was agreed that we should work to at least 50kgs per hectare. And I think Ethiopia is coming closer to the target.
2 Oct 2020
Group Executive Director (Strategy, Capital Projects and Portfolio Development), Dangote Industries Limited, Devakumar Edwin, has asked the Federal Government to put necessary infrastructure in place to develop Nigeria’s natural gas to make it a key driver of economic growth.
28 Feb 2020
With increased local production of fertiliser expected within the next few weeks, operators in the petrochemical space have said Nigeria would be able to save up to $500million from import substitution and earn about $400million from export of products.
20 Sep 2019
President of Dangote Industries Limited, Aliko Dangote, has commended the new Economic Advisory Council (EAC) constituted by President Muhammadu Buhari, but charged them to advise him on the nation’s economic growth and overall development. Describing the move as a proactive and capable of elevating Nigeria’s economy to greater heights, he said the members are tested…
3 Sep 2019
Determined to contribute to significant reduction in the number of unemployed Nigerians, Dangote Group have announced that it was scaling up its investment in agricultural sector.
17 Jul 2019
The sub-Saharan Africa (SSA) region is expected to be the direct beneficiaries of the 650,000 barrels-per-day Dangote refinery as the project is expected...
12 May 2019
Daily, about 126 heavy-duty trucks jot across a massive land area that is seven times the size of Victoria Island. This is aside the 750 heavy-duty equipment stationed in what is clearly one of the biggest construction projects in any part of the world. When completed, the site, which underneath lies 300, 000 cubic feet…
26 Mar 2019
As part of efforts aimed at making youths from its host communities employable, Dangote Petroleum Refinery and Petrochemicals Company has flagged off a vocational training scheme that will inculcate necessary skills....
31 Oct 2018
Dangote Oil Refinery Company (DORC) says the 650,000 barrels per day refinery has been designed to process a variety of light and medium grades of crude and produce extremely clean fuels that meet Euro V specification.
8 Aug 2018
The construction of the 650,000 barrels of crude oil per day Dangote Refinery is expected to help Nigeria save over $7.5 billion through import substitution.The project, will put Nigeria on the global map as major oil and gas hub in Africa, the Group Executive Director, Devakumar Edwin, has hinted.
27 Jun 2017
An economist and investment analyst, Biodun Adedipe, has attributed the worsening unemployment in the country to inconsistent economic policies.


1 hour ago
For Nigeria to tackle its perennial foreign exchange (forex) crisis, the need to invest heavily in infrastructure and adopt competitive policies that would attract Foreign Direct Investment ..
1 hour ago
Seven states from the Northwest, yesterday, asked the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) to give it lion share of revenue to state and local governments.
1 hour ago
Ogun State governor, Dapo Abiodun, has urged traditional rulers in the state to be mindful of what they say and the people they honour with chieftaincy titles not to bring the royal institution into disrepute.
1 hour ago
The persistent free-fall of the naira is an indication that none of the interventions being applied by the monetary authorities has worked. Otherwise, there would have been some respite for the beleaguered currency, even minimally.
1 hour ago
As the Federal Government, in Abuja, harped on diversification of foreign exchange sources through export of manufacturing products yesterday investors in the country’s manufacturing value...