Dangote set to complete world largest refinery, fertilizer, rice plants

Written by on February 23, 2015



The management of Dangote Group, has said, that its focus now is to develop its multi-billion dollar new businesses to appreciable level this year to meet its completion timelines, as the group is putting in place infrastructure for business projects such as Refinery, gas, fertilizer and rice production.

Speaking at the International Business Cable Television Channel, CNBC in Lagos, the Group’s Executive Director for Strategy, Portfolio Development and Special Project, Mr. Devakumar Edwin, said the Company was launching all out to ensure the businesses come on stream as planned.

He explained that though a few of the new businesses has been redesigned for increased capacity and that , all things being equal, the management expects all to come on stream as earlier planned, inflation, exchange rate and increased bank interest rate notwithstanding.

Reader's opinions

Leave a Reply

Current track