DANGOTE INVITED TO INVEST IN GABON AMID ACCUSATION OF MONOPOLY
Key Details:
- Aliko Dangote, President of Dangote Industries Limited, has been invited by Gabon’s President Brice Oligui Nguema to invest in cement and fertiliser production in Gabon.
- The focus is on urea and phosphate production.
- The discussions emphasized the potential benefits of the investment, including job creation, technology transfer, and industrial capacity enhancement.
- Dangote expressed commitment to supporting Gabon’s economic growth and diversification through this investment.
- This invitation comes as Dangote faces accusations of monopolizing the oil sector in Nigeria and a recent controversy over his refinery’s diesel quality.
- Dangote’s potential investment is seen as a step towards strengthening economic ties between Nigeria and Gabon.
Key Details:
- Aliko Dangote, President of Dangote Industries Limited, has been invited by Gabon’s President Brice Oligui Nguema to invest in cement and fertiliser production in Gabon.
- The focus is on urea and phosphate production.
- The discussions emphasized the potential benefits of the investment, including job creation, technology transfer, and industrial capacity enhancement.
- Dangote expressed commitment to supporting Gabon’s economic growth and diversification through this investment.
- This invitation comes as Dangote faces accusations of monopolizing the oil sector in Nigeria and a recent controversy over his refinery’s diesel quality.
- Dangote’s potential investment is seen as a step towards strengthening economic ties between Nigeria and Gabon.