Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Dangote invests $160m in developing coal mine in Kogi

    Dangote invests $160m in developing coal mine in Kogi

    August 8, 2016
    Share
    Facebook Twitter LinkedIn WhatsApp
    *Coal.
    *Coal.

    …To support Kogi government diversify economy

    Oscarline Onwuemenyi

    08 August 2016, Sweetcrude, Abuja – The Chairman of Dangote Group, Alhaji Aliko Dangote has disclosed that his company has sunk over $160 million in a developing a coal mine in Kogi State, even as he promised to support Kogi State government’s effort to diversify its economy and create jobs for its citizens.

    Dangote made the pledge at the weekend at the Kogi State Government House, Lokoja, during a courtesy visit to Governor Yahaya Bello in the ‘New Direction Agenda’ policy of the state government.

    Dangote, who came with his special adviser on industries, Mr. Stephen Makoju, said the stride was for joint development with the state, adding that the Group was more determined than ever to come to the help of the state in diversification of its economy in massive job creation, agricultural development and building of roads, which had become more important in the life of the state and the country.

    He also pointed out some of his company’s investment in the state, especially in the mining and minerals sector, adding that $160 million had been sunk into the coal mine in Ankpa and the building of the road, which had also gulped N5.2 billion.

    Earlier, Governor Yahaya Bello expressed the state’s determination to ensure that Dangote succeeds as number one cooperate entity to be appreciated in the area of support, saying, “We will ensure the necessary support to Dangote for his successes as concerning Kogi State and its citizens.”

    Related News

    Nigeria rallies economic team to counter US 14% tariff threat

    Nigeria targets 12Bcf gas output, eyes top 10 global ranking by 2030

    Nigeria launches trade intelligence tool, air cargo corridor to boost AfCFTA exports

    E-book
    Resilience Exhibition

    Latest News

    Nigeria rallies economic team to counter US 14% tariff threat

    May 28, 2025

    Nigeria targets 12Bcf gas output, eyes top 10 global ranking by 2030

    May 28, 2025

    Nigeria launches trade intelligence tool, air cargo corridor to boost AfCFTA exports

    May 28, 2025

    Nigeria commits N1trn to solid minerals exploration in bold push for global investment

    May 28, 2025

    Tinubu’s faces economic test as ALSCON closure costs hit $8.54bn

    May 28, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.