PRESIDENT Brice Oligui Nguema of Gabon has invited Africa’s wealthiest man, Aliko Dangote, to invest in his country. According to Dangote Industries Limited, the billionaire was asked to explore investment opportunities in Cement and Fertiliser (Urea and Phosphate). “President Brice Oligui Nguema of Gabon has invited the President and Chief Executive Officer of Dangote Industries Limited (DIL), Aliko Dangote to invest in Cement and Fertiliser production in Gabon,” Dangote Group said in a statement. “The President urged Dangote to explore potential investment opportunities in the country’s cement and fertilizer sectors, specifically urea and phosphate production. According to the statement, Dangote…
Author: Mohammed Abdullahi
Read More
THE National Hajj Commission of Nigeria (NAHCON) remains tight-lipped on the official Hajj fare for 2024, leaving intending pilgrims in a state of anxious limbo. To hazard a guess, the primary reason for this delay may not be unconnected to ongoing uncertainty surrounding the exchange rate of the Naira to the Dollar. Traditionally, the components of the Hajj package, including flights, accommodation, and feeding, are denominated in US Dollars. This means that fluctuations in the Naira’s value directly impacts the final cost borne by Nigerian pilgrims. In previous years, concessionary rates were offered to both Muslim and Christian pilgrims traveling…