NewStats: 3,264,376 , 8,183,538 topics. Date: Tuesday, 10 June 2025 at 07:51 PM c114x

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 conversed with Nguema and other top government officials during the visit.

“The talks focused on how Dangote Industries could contribute to Gabon’s economic growth by establishing cement and fertilizer plants, which are vital for the country’s infrastructure development and agricultural productivity,” Dangote Group said.

“President Nguema expressed enthusiasm about the potential partnership, highlighting Gabon’s commitment to creating a conducive environment for foreign investments.

“He noted that the collaboration with Dangote Industries would bring significant benefits, including job creation, technology transfer, and enhanced industrial capacity.”

The invitation from Gabon, an oil-rich nation, comes amid the rift between Dangote, oil marketers and top government officials.

Dangote had earlier disclosed how a cabal was blocking his moves to import crude, saying that had slowed down operations at his petroleum refinery.

But the situation took a worse turn when the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) claimed that the Nigerian government was yet to license the Dangote Refinery to begin operations.

Farouk Ahmed, Chief Executive Officer (CEO) of NMDPRA, said this while speaking with State House correspondents, on Thursday.

According to Ahmed, the claims of ongoing efforts to scuttle the operations of Dangote refinery due to lack of supply of crude oil by International Oil Companies were not true, adding that the refinery was still at the pre-commissioning stage and has not been licensed yet.

He said, “There are lots of concerns about the supply of petroleum products nationwide and the claims by some media houses that we were trying to scuttle Dangote refinery; that is not so.

“Dangote refinery is still in the pre-commissioning stage. It has not been licensed yet. We have not licensed them yet.

“I think they are at about 45 percent completion. So we can not rely heavily on one refinery to feed the nation because Dangote is requesting that we should suspend or stop all importation of petroleum products, especially automotive gas oil (AGO) or jet kero and direct all marketers to the refinery.”

Ahmed maintained that the request would promote monopoly in the market and was not good for the nation in of energy security.

“So, in of quality, currently, the AGO quality in of sulfur in the lowest as far as a West African requirement of 50 ppm.

“Dangote Refinery, as well as some major refineries, like Walter Smith’s refinery, other refineries, they produce 650 to 1,200 ppm. So, in of quality, their quality is much, much inferior to the imported commodities,” he added.

But Dangote kicked back, saying his products were of international standard, emphasising that tests had been done to that effect.

He also wondered why he was under attack, saying a friend who counselled him against pumping billions of dollars into the Nigerian economy taunted him over the turn of events.

“Four years ago, one of my very wealthy friends began to invest his money abroad. I disagreed with him and urged him to rethink his action in the interest of his country. He blamed his action on policy inconsistencies and shenanigans of interest groups. That friend has been taunting me in the past few days, saying he warned me and that he has been proven right,” the businessman said in an interview.

On Monday, Heneiken Lokpobiri, Nigerian Minister of State for Petroleum, invited Dangote and top officials in the oil sector to a meeting, with a view to resolve the crisis in the oil sector.

https://dailytrust.com/breaking-amid-attacks-in-nigeria-gabon-invites-dangote-to-explore-business-opportunities/

People never learn



If you’re seeing this and you’ve millions for investment please and please don’t invest in Nigeria you’ll cry blood



Otedola even advised Dangote not to invest in Nigeria but Dangote thought it was going to be business as usual



PLEASE DONT INVEST IN NIGERIA IT WILL BE A HUGE LOSS

Na wa o! Gabon sabi wetin dem dey do. Dangote no be small fish for business, him go carry plenty opportunities come back home. Naija needs more of this kind partnership to boost our economy. We dey watch as our own dey shine for abroad!

9ja na still him biggest market... To me if dangote refinery can serve the whole nation, then importation should stop... D only ish I have is dangote buying crude oil abroad to refine in Nigeria.... Dem say buhari Don use our untapped crude oil to take collect loan.....

If person reason Nigeria matter sometimes person fit mad oh

Tinubu's government is a mumu government with mumu cabinet

Tinubu is a disaster
Dude is full of badluck. Spits🤧

hmmm

Foolish Nigerian government is frustrating this man, this will discourage investors from doing business in Nigeria


Tinubu as usual will just keep quiet and allow these cabals to mess things up, maybe he's even part of them

Imagine country some are making you believe will get better..

Maybe with the high rate of POS business, I don't know....

Many are just jealous of Dangote!

Tinubu and NNPC must be excited at this news

A country that cannot protect and encourage indigenous businesses and entrepreneurs expects some foreigners to put their money in their country all in the name of FDI.

Dangote’s recent outbursts has sent messages to other people that may be considering investing in Nigeria that they may be making a wrong move.

Dangote is the richest black man alive and his words carry exceptional weights.

Dangote carry your monopoly to Garbon. Nigeria has subsidized you enough. Let other businessmen also grow.

Tinubu is a greedy bigot that wants to frustrate Dangote and empower his tribesmen instead.
He just wants the whole Nigeria to revolve around Yorubas.

when we don't value our own people.

Chinkoalhaji34:
Na wa o! Gabon sabi wetin dem dey do. Dangote no be small fish for business, him go carry plenty opportunities come back home. Naija needs more of this kind partnership to boost our economy. We dey watch as our own dey shine for abroad!

This your comment dey face both left and right at same time

Oil cabals/ subsidy thieves fought Jonathan and they won. Okonjo iweala was frustrated leading to the kidnap of her mum. Okonjo iweala recounted how powerful and desperate they are.

Buhari was defeated and he finally had to do their biddings and subsidy remained untouched.

They have defeated Nigerians all these years ensuring that the refineries don't work.

Dangote is next in line, fighting so hard to win the battle but it's so unlikely that he would win considering their past records.

They are only after their pockets and do not consider Nigerians. Imagine saying imported fuels are better than the locally produced ones. It's a strategy to continue importing as this is the way they steal from Nigeria and Nigerians.

The subsidy in petrol wouldn't have been an issue if not for the same set of people who export subsidized petrol to other African countries making government spend more.

Petrol price has always been the determinant of inflation in Nigeria. Once the price of petrol is increased, other goods and services follow suit. This means that this oil thieves are also responsible for the inflation.

Dollar availability is also a key factor in economic growth and one of the major things causing dollar scarcity in Nigeria is importation of oil.

This means these cabals are responsible for most of the dooms we have been facing as a country.

The Dangote outburst, really revealed a lot and it signals NNPC involvement in the hardship and woes faced by Nigerians today. It's surprising that Nigerians aren't paying attention to this cue.

It's time to rise up, not only against the government but also demand total overhauling of the NNPC.
Enough is enough!!!

That's what you get when u don't value your own people.

Gabon is not a bad place to stay.

Good one!

The holy book said "...a prophet is not without honour, but in his own country, and among his own kin, and in his own house".

If Nigeria won't value one of her own who decided to invest in the country, and Nigerians won't come out to defend one of their own who is being mistreated... Then it's safe for that Nigerian to take up opportunities abroad.

If na me nko

Since the forces at his country of birth are hostile to him

Opari!

Dangote wan waka leave us go oo!

AqualinaXYZ:
People never learn



If you’re seeing this and you’ve millions for investment please and please don’t invest in Nigeria you’ll cry blood



Otedola even advised Dangote not to invest in Nigeria but Dangote thought it was going to be business as usual



PLEASE DONT INVEST IN NIGERIA IT WILL BE A HUGE LOSS

Na today Dangote begin dey invest for Nigeria?

Nigeria would happen to everyone Las las.

Tinubu is a disaster, he thought ruling Nigeria only ends in rigging election

A very useless istration, I'm not surprised though, people from that part of Nigeria who are currently piloting the affairs of this country are usually known for bringing others down because their level of envy.....Tifiakwa!!!

dre11:


https://dailytrust.com/breaking-amid-attacks-in-nigeria-gabon-invites-dangote-to-explore-business-opportunities/

tinubu and all agbado are all bastards

AqualinaXYZ:
People never learn



If you’re seeing this and you’ve millions for investment please and please don’t invest in Nigeria you’ll cry blood



Otedola even advised Dangote not to invest in Nigeria but Dangote thought it was going to be business as usual



PLEASE DONT INVEST IN NIGERIA IT WILL BE A HUGE LOSS

Lol good to know that Dangote is now the Obidients' darling Daddy.

I hope you guys will keep up the love for Dangote when all these issues get solved and status quo returns for Dangote.

It will never be well with dos frustrating Dangote

Dangote should note that all African countries with no exception are the same in inconsistent business policies and ethnic sentiment. The worst of the is South Africa.