Forex depreciation increases cost of Dangote Refinery by N2tr

27 June 2016, Lagos — The Chairman of Dangote Group, Alhaji Aliko Dangote, has said the ongoing refinery project in Lekki area of Lagos which was earlier projected to cost N2.8trillion would now be completed at the cost of N4.8trillion due to the prevailing foreign exchange depreciation in the country. He also revealed the impact of […] More »