![Aliko Dangote](/content/images/size/w1304/format/webp/wp-content/uploads/2022/08/whatsapp-image-2022-08-10-at-14.47.37.jpg)
Africa’s richest man Aliko Dangote to cut Nigerian sugar imports by 40 percent
Dangote founded Dangote Sugar Refinery in the 1970s.
Dangote founded Dangote Sugar Refinery in the 1970s.
Dangote owns an 86-percent stake in Dangote Cement, Africa’s largest cement producer.
The sum is 33-percent less than in 2021.
Dangote Sugar Refinery has a refining capacity of 1.44 million metric tonnes.
The hike in prices grew Dangote Sugar Refinery’s revenue by 41.5 percent.
A legal action has been launched against Abdul Samad Rabiu.
The sugar industry is highly lucrative for the key players on the Nigerian market.