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| Description: Aliko Dangote, $25 billion Nigerian, Cement, Flour, Sugar The Nigerian-born Cement and commodities tycoon is the world’s richest black man. Last April, Dangote, 56, who made the bulk of his fortune trading in cement, sugar and flour, announced plans to build a private oil refinery in Nigeria. Expected to be completed in 2016, it will have a refining capacity of 400,000 barrels a day and reduce Nigeria’s dependence on oil imports. Dangote started out in business more than 3 decades ago by trading in commodities like cement, flour and sugar with a loan he received from his maternal uncle and went on to build the Dangote Group, the largest industrial conglomerate in West Africa. The company’s crown jewel is Dangote Cement, the $24 billion (Market Capitalization) cement manufacturer with interests in several African countries. |
| Comments | |
| Fertymor
Gender: (f) Posts: 4657 | 14-04-2014 06:42 PM OK... CONGRAT SIR |
| beejaybabs
Gender: (m) Posts: 1078 | 11-04-2014 10:12 PM iRepNaija |
