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Aliko Dangote Plans to Acquire Stake in Shell Nigeria’s Gas Field

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Aliko Dangote - Bloomberg Billionaires  Index - January 2014 - BellaNaija

Africa’s Richest Man Aliko Dangote is taking over the Nigerian business world, one step at a time.

According to African Intelligence, the Nigerian tycoon is planning to acquire a stake in a Nigerian gas field owned by Shell.

His company, Dangote Industries reportedly submitted the highest bid for the Anglo-Dutch multinational energy company’s stake in Oil Mining Lease (OML) 18 at an auction last year. The amount set aside by Dangote for the bid as well and the stake to be acquired, isn’t revealed.

Forbes’ Mfonobong Nsehe reports that this isn’t the first time Aliko Dangote made an attempt to acquire a stake in the company. He lost to Conoil Producing in 2010 in a bid for a 45% stake on OML 30.

9 Comments

  1. Bossom

    March 27, 2014 at 9:55 am

    Bullying your way much? This is what happens when they list ppl on Forbes list. All of a sudden it’s a competition to get to the top and everything is fair game. Isn’t it enough that you’ve got a monopoly on a lot of stuff already? Greedy heffa.

  2. uc

    March 27, 2014 at 9:58 am

    Hello bella. Please advice blog visitors about a fraudster that calls people claiming to be Mr Daniel the CPA Nigeria Immigration Service.

    He will even call your name and tell you where you serve. He will tell the person that due to the cancellation of the last immigration exercise that they now pick name randomly and your name was selected.

    Please blog visitors should not fall prey to his antics. I pray the law catches up with him soon.

  3. entrepreneursfactory

    March 27, 2014 at 10:33 am

    spend the money and touch lives cos that’s what entrepreneurs do

  4. @edDREAMZ

    March 27, 2014 at 11:54 am

    Mehn, this baba wants to take over everything….. The fact he is creating jobs is gud for me……
    .
    .
    .
    ***CURRENTLY IN JUPITER***

    • okk

      March 27, 2014 at 5:09 pm

      how many jobs has he created. Y’all stays being gullible. Dangote is the typical rich man, never satisfied, always looking for more money. He already has a monopoly on a lot of things, he still wants go into oil too. smh

  5. Mofoluwake

    March 27, 2014 at 4:38 pm

    Bella Naija, please get your facts right. 45% stake in OML 30 is owned by Shoreline Natural Resources. Google is your best friend always

  6. NT JUSTOK.COM

    March 27, 2014 at 5:01 pm

    Noted! @ UC

  7. ms sexy

    March 27, 2014 at 10:49 pm

    if he likes let him buy the whole Nigeria
    he rolls wt AGIP and all means blocked for others just for him to have monopoly

  8. Patrick james

    March 28, 2014 at 9:48 am

    Hey guys dnt b jelous of d rich man he hs cav out hs own lif stp d hatn go cav out yours

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