What seems to emerge from of all of this is that Dangote’s capacity to finance his operations has shrunken drastically. The situation is made more difficult by the fact that the Federal Government, it’s biggest backer, is itself facing a serious cash crunch and so cannot rescue him… A few options are available to Dangote but the most viable of them is that he should consider divesting some of his shares in the refinery. It may seem a…
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