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 . . .