DANGOTE TO ACQUIRE AMCON MAJORITY STAKE IN PEUGEOT AUTOMOBILE NIGERIA

By


This

was disclosed by the AMCON chief executive officer, Ahmed Kuru, in an interview with Reuters. that all processes on the bids were completed about two months ago.

He said all processes on the bids were completed about two months ago and all that is left is an approval from the Central Bank of Nigeria.

Though he declined to mention the rest of the entities in the consortium, Kuru told Reuters that AMCON's stake is worth over N15 billion, according to its latest valuation.

It is, however, reported that the business mogul and Africa's richest man is leading a consortium involving the Kaduna and Kebbi state governments and the Bank of Industry (BoI).

Dangote made the bid to acquire the 79.3 percent AMCON stakes in PAN after the agency launched an auction in January 2016.

PAN was a joint venture between the federal government and Peugeot Citroen which was founded iufacture of 90,000

Comments

Post a Comment

Popular posts from this blog

BREAKING NEWS;DEATH SNATCHES AWAY RIVERS COMPOL

By
Image
BREAKING: Rivers state commissioner of police is dead Mr Odesanya was said to have died this morning Tuesday, January 31 Rivers state commissioner of police Francis Bolaji Odesanya died outside Nigeria's shores. The Rivers State Police Commissioner, Mr. Francis Bolaji Odesanya has died in an Indian hospital after an assumed kidney failure. He was the 37th Rivers State Commissioner of Police, having succeeded Mr. Foluso Adebanjo on July 12, 2016. Odesanya joined the force on February 2, 1986, as a Cadet Assistant Superintendent of Police and rose through the ranks to his current position of Commissioner of Police.
Read more

SEE FACE OF FAKE CHEMIST WHO INJECTED WOMAN TO DEATH IN AN ATTEMPT TO ABORT HER PREGNANCY(PHOTO)

By
Image
See Face of Fake Chemist Who Injected Woman to Death in an Attempt to Abort Her Pregnancy (Photo) March 11th, 2017 A 30-year-old drug dispenser has been arrested by the Nigerian Police for allegedly injecting a pregnant woman to death in an attempt to abort her pregnancy. KILLER CHEMIST The operatives of the Nigerian Police Force have paraded a 30-year-old drug dispenser, Godswill Umoren, in Akamkpa Local Government Area of Cross River State, for allegedly injecting a pregnant woman, Mrs. Uduak Udofia, in an attempt to abort her pregnancy. According to a report by Southern City News, the injection, led to the death of Mrs. Udofia on February 11, 2017. It was learnt on Friday that Umoren, who claimed to be a chemist, was said have administered the injection following the advice of the deceased’s husband, Sunday Udofia. Parading the suspect alongside 21 other alleged criminals at the headquarters of the Cross River State Police Command in Calabar, the state Commissioner o...
Read more

OGE BEAUTY PARLOUR; A BEAUTY HAVEN WITH A SOOTHING TOUCH

By
Image
AT OGE BEAUTY PARLOR,WE DO SKIN THERAPY(TREATMENT),HAIR TREATMENT,BRIDAL AND PARTY MAKEUP,GELE,BEAD MAKING OF ALL DESIGNS AND MORE,WE ALSO SELL NATIVE ATTIRES LIKE ANKARA,GUINEA,HOLLANDIS,INDIAN WEARS AND LOTS MORE,DON'T FORGET TO ASK FOR YOUR HAIR ATTACHMENTS,WEAVONS A ND LOTS MORE,CONTACT US ON WHATSAPP NUMBER   08144294946  Contact Oge beauty therapy for your bridal makeup, occasion and bead making. Also for your native attire like, Ankara, guinea, India wear and weavon, attachment @affordable prices. WhatsApp num: 08144294946
Read more

THE STORY BEHIND SEX CHANGE SURGERY YOU HAVEN'T HEARD

By
Image
The story behind sex change surgery you haven’t heard You’ve probably heard of Bruce Jenner,now referred to as Caitlyn Jenner, the high-profile Olympic athlete with a famously dramatic family had a very high-profile surgical sex transition from male to female – including a cover on Vanity Fair magazine and the now-canceled docu-series “I am Cait.” You probably haven’t heard of Bruce Reimer.Bruce and his twin brother Brian were born in Canada in the 1960s. At the age of seven months, the otherwise healthy boys were circumcised. But the doctors used a new method of circumcision, involving an electric cauterizing needle, on Bruce. An accident occurred, completely burning off the little boy’s penis. Brian’s operation was canceled, but his parents were devastated.The Reimers decided to take Bruce to Dr. John Money, a psychologist and sexologist at Johns Hopkins they had seen on T.V. Dr. Money had a theory that aside from reproductive and urinary functions, gender was a social con...
Read more

Fire destroys property worth N10.2m in Kwara

By
Image
By NAN   |   28 January 2017   |   4:02 pm Fire fighters attempt to douse a raging fire A fire incident has destroyed property worth over N10 million at the Kwara Government-owned property, Patigi Regatta Motel in Patigi, Patigi Local Government Area of the state. The Managing Director of the Motel, Alhaji Abdulkadir Mustapha-Rifun, who conducted newsmen round the motel on Saturday, expressed shock over the incidence. He described it as a setback to his efforts toward giving the edifice a face-lift. News Agency of Nigeria (NAN) recalls that the motel was leased out to Rifun River Investment in 2013 for effective operation. The managing director, who attributed the cause of the fire to power surge, said the fire incident affected all the section of the motel already renovated. He explained that his decision to take over the property was borne out of the desire to complement the developmental efforts of the government. He explained that the m...
Read more

SURPRISE;I PRAY THIS BRINGS PEACE TO ALL OF NIGERIA,PLEASE SHARE ON ALL SOCIAL MEDIA

By
Image
Shiite members visit CAN headquarters get them a special gift   Members of the Academic Forum of the Islamic Movement, popularly known as Shiites visited the Christian Association of Nigeria (CAN), Headquarters in Bauchi on February 1, 2017. Shiite members visit CAN headquarters get them SPECIAL gift In a move that might bring religious unity, the visit is aimed at promoting mutual understanding and familiarization between the Islamic Movement and Christian Association of Nigeria and as a gesture of bringing Unity among people of different faith in Nigeria. The chairman of CAN in Bauchi, Rev Joshua Maina, thanked the Academic Forum for the wonderful visit. He then encouraged Nigerians to embark on similar campaigns for the unity of the entire country religiously. The Reverend expressed dismay that some media outlets were trying to incite people to turn against Zakzaky and Shia Islam, despite the fact that Shaikh Zakzaky and Shia were the most peace lov...
Read more

Missing kidney: Our own story —Hospital

By
Image
Missing kidney: Our own story —Hospital January 28, 2017   Godwin A- Lafia   Metro THE Federal Medical Centre (FMC ), Keffi has debunked reports in some section of the media that the centre harvested the kidney of one of its patient, describing it as the handiwork of mischief makers. The Medical Director of the centre Dr. Joshua Giyan, disclosed this on Friday while stating the position of the hospital at a press conference in Lafia, the capital of Nasarawa State. He explained that, “the patient came here in 2010, critically ill and the doctors battled to save his life, they removed 1kg pussy tumour on the left side of his abdomen that was suspected to be cancer but test failed to confirm that. He was nursed and discharged after about a month.” “He returned six years later for treatment of another ailment, at which time his left kidney was discovered to be missing. Adequate analysis and information at this state was the needful as one of the key dri...
Read more

CORRUPTION/DASUKIGATE -OBANIKORO RETURNS FRESH N30MILLION AND PROMISES TO REFUNDANOTHER N417MILLION

By
Image
Former minister of state for defence,Senator Musiliu Obanikoro had refunded a fresh sum of N30m to the Economic and Financial Crimes Commission,with a promise to return N417m. Punch quoted a source as saying that Obanikoro transferred the said sum from his Diamond Bank account to the EFCC Recovered Funds Account. According to the source, “I can confirm that Senator Obanikoro has been meeting up his part of the agreement. You will recall that last year, he promised to return a certain amount of money every quarter. “He has made a payment of N30m, his first instalment in 2017. He is also reporting at the EFCC as he should.” Obanikoro was recently accused of receiving N4.7bn from the Office of the National Security Adviser, ONSA, under the leadership of Col. Sambo Dasuki (retd). Following the allegation, the former junior minister, had in October 2016 returned to Nigeria from his base in United States, US, to clear himself with the anti-graft agency. In hi...
Read more
By
Image
I warned Nigerians about Buhari, he has no direction – PDP chieftain, Kaze A chieftain of the Peoples Democratic Party (PDP) and a former member of the House of Representatives Hon Bitrus Kaze has stated that he warned Nigerians against voting for Muhammadu Buhari in 2015 AND SAID Buhari had succeeded in taking Nigeria back to zero level and that it would only take time for the country to recover. Kaze said anyone advising Buhari to run for second term was only being deceptive as the president was unfit to govern the country beyond 2019.  “Before I left the National Assembly,I warned our successors that they will be dealing with somebody who finds legislative institution strange which he has never agreed to deal with and with due respect, I think I am being vindicated". “The President does not seems to agree or believe in anybody,the President does not understand the difficulty his policies if any have put Nigerians into,even though up to this moment, I do n...
Read more

12 YEAR OLD GIRL DIES AFTER RELATIVE'S GUN GOES OFF

By
Image
LEEDS, Ala. A 12-year-old girl died Sunday after authorities believe she was accidentally shot by a family member during a gathering in Alabama, according to multiple reports. The Jefferson County Coroner’s Office on Monday identified the girl as Kayla Mendenhall, AL.com reported. Authorities told the news site that Kayla and an adult family member were wrestling when a gun worn by the adult discharged. Kayla was shot in the upper leg and died at a hospital. Police declined to comment further on the investigation. View image on Twitter  Follow carol robinson   ✔ @RobinsonCarol Kayla Mendenhall was in 6th grade at Leeds and loved by her teachers and classmates:  http://www. al.com/news/birmingha m/index.ssf/2017/05/12-year-old_girl_shot_killed_i.html  … 3:38 PM - 1 May 2017     3 3 Retweets     4 4 likes "It's just really difficult when a child is involved in something...
Read more