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Nigeria Cancels Dangote’s Concession Deal Over Millions in Unpaid Debt

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Power, Works and Housing Minister, Babatunde Fashola, in a letter to President Muhammadu Buhari, has disclosed the termination of the concession contracts for the management of Fiber Optic Network of the Transmission Company of Nigeria (TCN). The contract was with Alheri Engineering Company Limited, largely owned by African richest man, Aliko Dangote; and, Phase3 Telecom ...

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