The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has projected that the commencement of operations of the Dangote Refinery had the potential of saving Nigeria over $25 billion in foreign exchange (FX) in energy imports and provide $10 billion as exports. Emefiele, who made this forecast on Monday during the commissioning of the […]
Africa’s foremost industrialist and President of Dangote Group, Alhaji Aliko Dangote, on Wednesday said that Nigeria’s food importation bill on yearly basis stood at about N1.5 trillion, lamenting the pressure such avoidable expenditure is putting on the nation’s foreign reserves. Dangote gave this hint at the 3rd Eminent Persons Business lecture titled: ‘A case for […]