₦airaland Forum

booz:
Don't be surprised the marketers are fighting for the masses. Knowing what Dangote did with cement (now sold for 11k/bag), such evil shouldn't befall PMS, which is a key driver of the Nigerian economy. If those marketers unanimously decide to join hands with Dangote, the latter would wreck the economy, such that everyone would rather ride a bicycle than burn fuel.

Fighting for masses by importing substandard expensive petrol while receiving secret subsidy from crude collateralized dollars loans, continue to support nonsense!

Commentor:
It's called a free market.

Free with secret subsidy, imagine Nigeria claiming to import cheaper from Europe when Europe is globally known to refine and sell the world most expensive petrol.

Breaker001:
Let the war between Oil marketers and Dangote continue as long as it favours the common man.

Which war?

zero8zero:
Your education is voodoo. Subsidy removal does not automatically stop Importation anywhere in the world, it rather decentralizes the market. Even US still dey import fuel.

US imports cheaper petrol and export expensive petrol while Nigeria does the opposite

jmoore:
Economic voodoo.

The removal of petrol subsidy ought to have killed the importation of petrol in Nigeria.

The payment of secret subsidy is ongoing

brightleave:
What about my dear Infinix and techno?

Transsion is number one on the list

davidque:
Seems i may be living under a rock. I have never heard or seen a transion phone. I have no idea what make that is. I use a Redmi Note 13

Transsion is the parent company to Itel, Infinix and Tecno.

sisisioge:
Wow! India made the list with their incredibly high number of impoverished people. The distance between rich and poor is toooo long in that country menh!

It is longer than Nigeria?

bigpicture001:
I thought they said china practices communism... Why do they have that's huge number of billionaires....?

Don't mind told outdated corrupt politicians deceiving Nigerians with their ignorance

Mabuggi88:
You must see India there. I don't know why Nigerians denigrate India

Still suffering from colonial-based discriminatory short-sightedness

Business Insider Africa
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local careers
Dangote ventures into Ghana with $162 million sugar refinery to boost local industry
Victor Oluwole
06 May 2025 12:17 PM

Africa's richest man, Aliko Dangote, is expanding his agro-industrial empire into Ghana with the launch of a massive sugar refinery project in Kwame-Danso, Bono East Region. This will enable the country to drastically reduce its sugar import costs and promote local industrial growth.

Aliko Dangote expands sugar operations with new refinery project in Ghana’s Bono East Region.
Aliko Dangote expands sugar operations with new refinery project in Ghana’s Bono East Region.
Aliko Dangote is launching a massive sugar refinery project in Ghana’s Bono East Region to reduce sugar import costs and promote local industrial growth.
The facility will process 12,000 tons of sugarcane daily, supported by a 25,000-hectare plantation, and produce by-products such as molasses and ethanol.
The refinery marks a crucial step in reducing Ghana’s import dependence while fostering local self-reliance through industrial and agricultural innovation.
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The project, led by Dangote Sugar Refinery Plc, marks a bold move to tap into Ghana's $162 million annual sugar import market while supporting the government's "One District, One Factory" industrialization policy.

The state-of-the-art facility will have a capacity of 12,000 tons of sugarcane per day and will be supported by a 25,000-hectare irrigated plantation. In addition to refined sugar, the plant will also produce high-value by-products such as molasses and ethanol, creating opportunities in the agro-processing and biofuel sectors.

In a LinkedIn post, the Dangote Group described the project as more than just a factory, calling it "a catalyst for self-sufficiency, employment, and continental transformation." A company source also confirmed to Africa Briefing that land has already been identified and agreements are in the pipeline.

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Ghana has historically relied on imports to meet its sugar needs. However, with growing concerns about food security and the volatility of global supply chains, the new refinery could mark a turning point.

Dangote’s entry is expected to create jobs, boost rural development and introduce advanced technology in sugar processing. The Bono East region, long underserved by industrial investment, could benefit from the initiative.

The expansion is also part of Dangote’s broader goal to expand integrated agriculture across Africa. Its Nigerian operation is already the country’s largest sugar producer, with a crushing capacity of 1.44 million tonnes. For the quarter ended March 31, 2025, Dangote Sugar Refinery Plc reported a 74.3% increase in revenue to N213.9 billion ($133.2 million), compared with N122.7 billion a year earlier. Net loss narrowed to N23.6 billion ($14.7 million), reflecting improved operating efficiency and robust demand.

Dangote's Ghana project marks a strategic expansion into West Africa at the right time and is in line with the AfCFTA's broader agenda of deepening regional integration. It reinforces efforts to boost intra-African trade, reduce import dependence, and build resilient, indigenous value chains in key sectors.

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omoredia:
Which evidence will be admitted when the judges are corrupt? Keep fooIing urseIf. You think Nigeria lacked judges for it to become this bad? You cant expect justice from the unjust

Simple question, you can't answer.

omoredia:
shameless fulani terrorists sponsor posing as industrialist. pls stop using ur trucks to transport terrorists all over the country

Can you defend your claims in court with evidence?

fuckJones:
competition is good,

competition is healthy for the common man,

we want you to compete,

we don't want monopoly

Continue to entertain yourself

bdon123:
D court did d right thing....why is no other company giving same services.D president has d right to fix price not fccp.

Then borrow crude collateralized loans from IMF to pay subsidy to DStv

DeLaRue:
Could be a good idea.

If members of the medical corps can be paid N250,000 per month; and teachers corps around N200,000, that could encourage more corpers.

But this will create new problems as existing teachers in particular will be very unhappy.

Whatever it is, it is good to finally see a Nigerian government that is willing to look at challenges in a new and different way.

There current N77,000 will be more valuable than that N200,000 and N250,000 you proposed.

Atlantis585:
Why not sign a deal to fight Bokoharam, ISWAP and other forms of terrorism first?

Why is it more important to partner on arms production that will end up in the hands of the terrorists?

Useless and confused Government.

Are they going to fight the terrorist with rubber bands and folded piece of paper?

naptu2:
DICON has been producing AK47s, FN FALs, etc for a long time and everybody knows about them. They even produce the Ezugwu MRAP.

Not everybody knows about DICON, majority of Nigerians don't about weapons been produced in Nigeria.

zero8zero:
https://dailytrust.com/how-import-waivers-are-crippling-local-rice-mills/

Nigerians and cluelessness are 5&6!
Imagine celebrating a government that borrows dollar loans collateralized with crude for importation of cheap rice from while local producers wail of not been a able to compete.
The economic principles of Intra-industry trade where a country export it's expensive uncompetitive products to earn and use less of the forex earned to buy cheaper alternative from another while investing the rest has turn rocket science in Nigeria.

Tjra:
Thanks to Atiku and Obj.

Crooks calling themselves elder statesmen.

Very true, reasons Nigerians aren't hearing of power plants collapse or distribution line collapse but TCN grid collapsed.
All, thanks to the privatization of Generation and Distribution while we suffer the Nationalization of Transmission.

AguluLiar:
No single component of Innoson car is manufactured in Nigeria.

It's a Chinese car.

Keep deceiving yourself

phemmie06:
What is the benefit of your government?
The subsidy removal on petrol is of what importance?
They ask us to make a sacrifice but they offered the nation's resources as sacrifice and turn themselves into gods that accept the sacrifice.

Don't worry we go suffer am together

The petrol subsidy that is paid secretly

erico2k2:
Thats is bad Economy, we in Nigeria want to copy the west but only copy half.Name one GENCO in the west that is Not a DISCO.
I have done a lot of job for EDF, go check them out, you can even top up with them let alone distribute. The GENCO's need to acquire the Discos or given DISCO licence.Look at the other Energy Sector, Nobil,Shel and Texaco, are Gencos,Discos and even retailing.

Gencos acquiring DICOS or the other doesn't solve the problem at hand. It is either Nigerians paid the market price of electricity or the government pays and not owe them.

horlique:
Says the same Man who sold cement cheaper in Cameroon than Nigeria.
With monopolies on alot of sectors in Nigeria, he wants the same Monopoly in oil and gas..
The current government is no more giving him the 100% access to government resources he was enjoying In the last 25 years of Nigeria.

He is as ruthless to Nigerians like the current government. He should not disturb our ears with crocodile complaints...

Can you show the evidence of your lies

blackboy:
Sir, you want monopoly?

Where is the monopoly?

Fuckyoumod:
we can see how he fought cement after monopolizing it.

Cement became unreachable to common Nigerians.
This is the fight I believe Dangote wants to fight and win.

As always Nigerians don't learn from history. they will fall for his tricks and when he succeeds, Nigerians will start crying over high prices.

Cement become expensive because people like you vote tribe and religion after every four years

fabolouz1:
He himself is fighting BUA group and others from ensuring their refineries come upstream.

You saw Dangote and BUA exchanging hot blows on the street

oyeb15:
Dangote is Nigeria biggest problem

It's when his stupid refinery started work that government increased fuel from N550 to N1200

In most oil producing countries around d world, WATER is more expensive than PETROL.

While voting in tribalism and religion is the solution

Abaziaka:
We don hear you
but we can't afford to led you monopolize the oil sector just like you did with the cement and we the poor man pikin are paying for ur greed,
you are a great industrialists, but we need those mafia to checkmate ur excesses. In already deregulated oil sector.
We can't afford anyhow behavior in such a sensitive sector of our economy.

deregulated sector with secret subsidy

galantjoe:
Mafians are fighting for their gains
Dangote is also fighting for his own gain too
While Nigerians are being exploited
Removal of fuel subsidy is like jumping from frying pan to fire. It is far better to subsidize fuel than remove the subsidy

Without subsidy, imported petrol will not be less than N4,000/litre

Prince1759:
After countless increments, it's now time to remove subsidy.
The Same way petrol subsidy removal amounted to nothing, that is how electricity subsidy will be.

Nigerians, me included. We are all fools.....

Which petrol subsidy was removed?

erico2k2:
Arrant craaaap,The DISCOs are meant to invest their own monies not catch out on an already decaying infrastructure .How many new Gas power plant have these so called DISCOs built?

Discos have business in building power plants, that is for Gencos.