Investors are simping hard for Dangote after his massive refinery finally stabilized local fuel prices. Shareholders praised the billionaire for dumping cash into domestic assets instead of hiding wealth offshore. Dr. Faruk Umar from the Association for the Advancement of Rights of Nigerian Shareholders claims the twenty billion dollar facility killed the recent petrol scarcity. He credited the tycoon for lowering transport costs and easing inflation during the holidays.
The group teamed up with Honeywell International Inc to crank output to over one million barrels daily. This deal aims to boost plastic and fertilizer production significantly for local industries. Umar believes these moves prove the industrialist actually cares about the national economy rather than just stacking paper.
Market watchers want the oil giant to list the refinery on the Nigerian Exchange immediately. They hope to grab a piece of the action since Dangote Cement already paid huge dividends for over fifteen years. Buying shares would let regular citizens profit from the massive infrastructure project.
The foundation also dropped a one trillion naira education fund to help students. This charity effort targets over a million learners over the next decade. Umar urged other wealthy elites to copy this strategy of keeping money inside the country.
The group teamed up with Honeywell International Inc to crank output to over one million barrels daily. This deal aims to boost plastic and fertilizer production significantly for local industries. Umar believes these moves prove the industrialist actually cares about the national economy rather than just stacking paper.
Market watchers want the oil giant to list the refinery on the Nigerian Exchange immediately. They hope to grab a piece of the action since Dangote Cement already paid huge dividends for over fifteen years. Buying shares would let regular citizens profit from the massive infrastructure project.
The foundation also dropped a one trillion naira education fund to help students. This charity effort targets over a million learners over the next decade. Umar urged other wealthy elites to copy this strategy of keeping money inside the country.
