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Dangote to establish university in Abuja, earmarks N200 billion

                   Aliko Dangote The President and founder of Dangote Foundation, Aliko Dangote, has set aside N200 billion to establish a world-class university in Abuja. PREMIUM TIMES learnt that the proposal has since been delivered to the National Universities Commission, NUC. A former Executive Secretary of the NUC, Julius Okojie, who is the chairman of the technical team for the establishment of the university, said the foundation intends to drive technology and research in stimulating economic growth. Mr Okojie, who led his team to the current Executive Secretary of the commission, Abubakar Rasheed, said the proposed university is meant to be technology-driven and asked for the cooperation and support of the NUC towards the realisation of the goal. According to a National Open University of Nigeria, NOUN, publication, the team, accompanied by the Chief Executive Officer, CEO of the foundation, Zouera Yousouffou, disc...

Dangote, Niger State sign N166bn MoU on sugar production

DANGOTE Group, yesterday, in Minna, signed a Memorandum of Understanding (MoU) with Niger State Government for the establishment of a fully integrated sugar complex, worth $450 million (about N166 billion), in the state, a boost to government’s backward integration policy towards attaining self-sufficiency in sugar production. President of the Group, Aliko Dangote, said on completion, the project will generate over 15,000 jobs in the State and boost its economic fortune.  He said it will see the company producing raw sugarcane on 16,000 hectares of land at Lavun Local Government through an out-grower scheme. The company, which is currently operating out-grower scheme in rice production in a number of states, has Africa’s largest sugar refinery in Lagos and a sugar cane plantation in Numan, Adamawa State. Okechukwu Enelama, the Minister of Industry, Trade and Investment, who was represented by Alhaji Aminu Bisala, noted that Dangote is the biggest private sector supporter of the...