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The Dangote conglomerate is about to take on another industry that Nigeria lost several years ago after completing its mega refineryAfrica’s industrial giant is on a mission to industrialise the continent by bringing back sectors that generated thousands of jobs for AfricansRecently, the Dangote Group announced plans to expand the refinery to 700,000 bpd capacity to become the world’s largest refining facility
For decades, the Peugeot 504 was more than just a car in Nigeria. It was a national symbol.
The rugged sedan transported civil servants to work, powered taxi businesses across major cities and carried families on long road trips from Lagos to Kaduna. At its peak, Peugeot became one of the strongest representations of Nigeria’s industrial ambitions.
Aliko Dangote is on a mission to revamp Nigeria’s auto industry with the acquisition of Peugeot. Credit: Bloomberg/ContributorSource: Getty Images
Then the dream collapsed.
Years of economic instability, weak government policies, foreign exchange shortages and an
