Epoxy Oilserv Congratulates Dangote

Epoxy Oilserv Congratulates Dangote on his Birthday

The management and Staff of Epoxy Oilserv Limited congratulates Alhaji Aliko Dangote on his 60th birthday celebration which comes up on the 10th of April 2017, Aliko Dangote is Nigeria’s biggest industrialist and Africa’s richest man according to forbes rating of worlds richest Dangote is worth$12.1 billion as at 2017 down from a whopping net worth of $25 billion in 2014.

Dangote is currently africas richest man, he is the founder of the Dangote group, he is also the chairman and majority shareholder of Dangote Cement, Dangote Cement is Africa’s Largest producer of cement, Dangote cement produces 44 million metric tons of cement annually and they plan to increase output 33% in the year 2020, this is no easy feat, looks like they are geared towards achieving this or maybe even more, other holdings of the group is in fertilizer, Sugar, Noodles, Flour, and recently the much talk about Dangote refinery which is among the single largest and most important investment in Nigeria.

  • Dangote, Africa’s richest man, founded and chairs Dangote Cement, the continent’s largest cement producer.

  • He owns about 90% of publicly-traded Dangote Cement through a holding company.

  • Dangote Cement produces 44 million metric tons annually and plan to increase its output 33% by 2020.

  • Dangote also owns stakes in publicly-traded salt, sugar and flour manufacturing companies.

Important Milestones of the Dangote group

Dangote Refinery to soon kickoff production.

The 650,000BOPD Dangote Crude Oil Refinery located in Lekki Lagos state, which is currently under construction, will sell its products to wholesale suppliers, not retailers, according to officials of the Dangote Industries. If the price of its gasoline is higher than the subsidized price, the buyers pay Dangote Refinery in full and then get the subsidy from government.

Dangote to construct major pipeline in Nigeria

We recently reported that the Dangote Group has said that it is investing in the construction of a gas pipeline, which will be able to transport 1.5 billion standard cubic feet of gas per day, that will be laid beneath the sea to link Nigeria’s oil-producing Delta region to West Africa. The president and chief executive officer of the group, Aliko Dangote, told a business forum in Lagos that his firm was close to signing a deal with a Moroccan firm to supply phosphate, but did not give details of the transaction.

Nigeria is to Harness 3 Billion Cubic Feet of Gas daily From Dangote Subsea gas Pipeline this is understood to boost gas supplies to Nigeria’s power plants to ultimately boost power supplies to Nigeria.

Since 2015 he assured  assured Nigerians on Economic Revival,  the Group has reaffirmed the company’s commitment toward strengthening the growth of the country’s economy through increased investment in manufacturing and supply chain reports Leadership Mr Mansur Ahmed, the Group’s Executive Director, said the company was at the forefront of driving the country’s economy through its expansion drive beyond the country. Ahmed said the group was committed to increasing the value of Nigerian economy through chain of its activities in the oil and gas, manufacturing, construction and logistics business.

We all at Epoxy Oilserv wishes Alhaji Aliko Dangote a happy 60th birthday celebrations.

Congratulations!!!!

 

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