Aliko Dangote’s sugar business reports impressive performance as profit surpasses $110 million in 2022
Dangote Sugar Refinery is a leading sugar business.
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Dangote Sugar Refinery is a leading sugar business.
Dangote derives most of his wealth from an 86-percent stake in Dangote Cement.
Dangote Group is poised to cement its position as the second-largest employer of labor in Nigeria.
Dangote owns 72.3 percent of Dangote Sugar Refinery.
Dangote Sugar is a subsidiary of Dangote Industries Limited.
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.