Dangote Stakes N10bn to Restructure Dangote Flour Mills In Buy-back Deal

Dangote

Dangote stakes N10 billion in flour mills’ buy-back deal

To save jobs, targets 900,000 tonnes yearly wheat production 
Following a re-acquisition exercise that saw a buy back of 65.7 per cent stake in Dangote Flour Mills, the President of Dangote Group, Aliko Dangote, has staked N10 billion to restructure the firm for profitability, as well as to align with the group’s investments strategy . . .

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Dangote Stakes N10bn to Restructure Dangote Flour Mills In Buy-back Deal