Dangote Blames Unemployment For Violent Killings In Nigeria


The President and Chief Executive of the Dangote Group, Mr. Aliko Dangote, has attributed the deadly conflict between suspected herdsmen and farmers in parts of Nigeria to the country’s increasing unemployment rate.

Dangote stated this on Tuesday in an interview with Channels Television.

“If there are jobs, there wouldn’t be anything like Boko Haram, there would not be anything like herdsmen. Once you are engaged, you do not have time for mischief,” he said.

The conflict between herdsmen and farmers, especially the New Year’s Day killings in Benue allegedly by herdsmen has dominated the headlines and split public opinion.

It has also led to criticism of the Federal Government, which many say is not doing enough to address the issue, a claim the Presidency has denied.

Dangote is not one of the government’s critics when it comes to the issue.

“The government is working tirelessly to make sure that we resolve this issue about herdsmen,” he said, pointing out, however, that the government would require support.

“Government cannot do it on its own; we also need to do our own. The government is giving us an opportunity to also create jobs,” he said.

“And I think people are under-rating how many jobs we need to create, not just in Nigeria and Africa, we need to create 12 million jobs every year in Africa.”

To effectively tackle unemployment, the industrialist believes there is a need to turn to Agriculture.

He said, “I think we should focus on agriculture, we should focus on solid minerals, these two can now replace oil.

“So if you have to create 12 million jobs, creating 12 million jobs especially now with technology is going to be a little bit difficult, but we have all it takes to create a lot of jobs, which is agriculture.”

Osun Govt Seals Off Property Allegedly Belonging to Dangote

Argebesola Stresses Need To Educate Nigerians On Recession
Osun State Governor, Rauf Aregbesola

The Osun State Government on Thursday sealed off a quarry suspected to be used for illegal mining operations at Ajebandele village in Ayedaade South Local Council Development Authority in the state.

The site which allegedly belongs to business mogul, Aliko Dangote, is also said to be defaulting on remittance of tax payment to the tune of N1.5bn.

Channels Television’s correspondent reported that the officials of the board who managed to block the entrance to the site were attacked by some unconventional security men believed to have been hired by the company to resist compliance by the tax team.

Special Adviser to the Governor on Tax and Revenue Matters, Mr Gbenga Akano, who spoke to journalists after sealing off the quarry said the government had on numerous occasions, engaged with the headquarters of the company without any sign of compliance, hence the need to seal off the quarry.

“We are here to restrain Dangote Quarry that has been carrying on illegal operations in our Land for the past 5 years.

“The Executive secretary of Ayedaade South LCDA sometime in October this year alerted us to the activities of this illegal mining site.

“The discovery of the Executive secretary showed that our revenue is leaking somewhere and on the 4th of October, I led a team comprising top functionaries to visit this site.

“We discovered that it occupies a 5-kilometer square and they have been carrying on illegal operations because they are trespassing on our land unnoticed for 5 years without our knowledge,” he said.

There was no one to speak on behalf of the Dangote group as at the time of filing this report.

Osinbajo Leads Dangote, Others To Investment Summit In Edo

Osinbajo Leads Dangote, Others To Investment Summit In Edo
File photo

The Vice President, Professor Yemi Osinbajo, is to lead industry titans, including Africa’s richest man Aliko Dangote to the maiden edition of Alaghodaro Investment Summit.

The three-day summit with the theme: “Envisioning the Future,” which begins on November 10, will be hosted by the Edo State government in Benin City, the state capital.

It will explore opportunities for local and foreign direct investments in the state by highlighting the state’s competitive advantage across various sectors.

The investment summit would also be attended by local and international business leaders, as well as investors, bankers, financiers, industry experts, policymakers, the diplomatic community and the academia.

According to the Chairman of Alaghodaro 2017 Organising Committee, Asue Ighodalo, the summit will showcase the reforms which the Godwin Obaseki-led administration has carried out in critical sectors of Edo State’s economy.

“Governments are looking beyond oil to alternative revenue sources in order to ensure sustainable development, and we must also get creative and take action today for our future and the future of our children,” Ighodalo said.

He hinted that the key areas of focus at the event would include law and order, civil service reform, agriculture, manufacturing, transportation, education and healthcare among others.

Niger Govt, Dangote Sign N166bn Agreement On Sugar Production

Niger Govt, Dangote Sign N166bn Agreement On Sugar Production

The Niger State Government has signed a $450 million (N166 billion) Memorandum of Understanding with Dangote Group for the setting up of an integrated sugar cane plantation and a sugar refinery plant in the state.

The state governor, Abubakar Bello, signed for the government while the President of Dangote Group, Aliko Dangote, endorsed the agreement on behalf of Dangote Sugar Refinery PLC in Minna, the state capital.

The multi-million dollar project is billed to be sited on a 16,908 hectares of land in Lavun Local Government area of the state.

Governor Bello, who eulogised the foresight of Dangote Group in investing in the state, noted that the project would be of great benefit to the state.

He said it would provide job opportunities and improve the economic base of host communities as a certain percentage of the sugar cane would be purchased by the company.

“The mutual benefit drivable for both parties in this project is enormous, especially if we take advantage in the sugar cane value chain.

“It will not only provide thousands of jobs for our youths but also provide some social amenities for the host communities through the company’s corporate social responsibilities.

“The company has also agreed to purchase up to 30 per cent of their sugar cane requirement from the host communities integrated into the project,” the governor stated.

He called on the people to ensure the success of the project and appealed to other investors to consider the state, saying government has made Niger a safe haven for investors and businesses to thrive.

On his part, Dangote said the company had already acquired some hectares of land to commence sugar cane plantation and produce 12,000 tonnes of sugar cane per day.

“The project is to be located in the Lavun Local Government Area of the state and it will involve the development of a sugar cane plantation of about 16,000 hectares which will be supplemented by out grower scheme to produce 12,000 tonnes of cane per day. This will be crushed and refined into high-quality white sugar” he explained.

The Nigerian billionaire further hinted that in addition to the refined white sugar to be produced by the plant, other bye-products such as electricity, ethanol, and animal feed would also be produced in the plant.

He added that the company is working with the state government to establish a large scale rice milling factory in another part of the state to enable it to process about 200,000 metric tonnes of paddy rice.

Dangote described agriculture as a “key sector that contributes immensely to the industrialisation of any nation”, which is said is “in line with our desire to add value to the economy of creating jobs”.

He assured the governor that the project would commence as soon as compensations are paid to the host communities by the end of September.

The Estu Nupe and Chairman, Niger State Council of Traditional Rulers, Yahaya Abubakar, promised maximum support of the host communities.

He, however, called on the company to hasten up the commencement of the project which he said would improve the living standard of the people in the area.

Ile-Ife Clash: Dangote Foundation Donates Over N50m To Victims

The Dangote Foundation has donated money and equipment worth over N50 million to victims of the March 8 clash between Hausa and Yoruba persons in Ile-Ife, Osun State.

The Managing Director of the Dangote Foundation, Mrs Suera Yusuf, who represented Founder, Mr Aliko Dangote presented cheques to the victims at the Palace of the Ooni of Ife, Oba Adeyeye Ogunwusi in Ile-Ife.

The beneficiaries included about 220 men and women from Hausa and Yoruba communities, who suffered losses during the clash which led to the destruction of lives and property.

The Emir of Kano, Sanusi Lamido, who was at the event said in his remarks that he called on Dangote to assist the victims after he and the Ooni visited the scene of the clash and saw the level of destruction.

According to him, both monarchs appealed to other wealthy Nigerians to use their resources to alleviate the suffering of the majority of the people who are poor.

On his part, the Ooni of Ife said the gesture of the Dangote foundation is the combination of the private sector, the monarchy and the people.

While urging the youths to be careful and not allow themselves be used as instruments of violence, the Ooni said he will continue to champion the cause of Youths across the world.

AMCON To Sell Peugeot To Dangote, Two States

Arik Air To Go To Court Over TakeoverThe Asset Management Company of Nigeria says it is close to selling Peugeot Automobile Nigeria Ltd to Africa’s richest man, Aliko Dangote, and two Nigerian states.

AMCON’s Chief Executive, Ahmed Kuru, told Reuters that all processes on the bids were completed about two months ago and all that is left is the approval of the Central Bank of Nigeria.

Dangote, in alliance with the states of Kaduna and Kebbi and the Bank of Industry, made a bid to acquire a majority stake in PAN last year after AMCON moved to sell off some of the assets it acquired in the wake of the banking crisis.

The automaker is worth over N15 billion.

Peugeot Automobile, a Nigerian vehicle assembly plant located in Kaduna State, has Psa Peugeot Citroen as its technical partner with a capacity to assemble 90,000 cars a year.

Nasarawa Govt. Urges Support For Proposed Dangote Sugar Plantation

Communities in Awe Local Government Area have called for support for Dangote sugar factory which is located in the area in order to boost their economic base.

The Nasarawa State Commissioner of Agriculture, Muhammad Jameel Zakari, drummed the support during a meeting with stakeholders from the locality in Lafia, the state capital.

According to organisers, the meeting was basically to discuss two issues affecting the community, the need for people of the area to support Dangote sugar factory and the ongoing continuous voter registration exercise by the Independent National Electoral Commission (INEC).

The Commissioner called on the people to support the government to achieve the realisation of the project.

“It is about the entire community mobilising support for the initiative. We need to take advantage of this opportunity of a lifetime, give the government the necessary support in order to ensure that the investment takes place in a friendly atmosphere,” he said.

The meeting which is the first of its kind brought together representatives from 10 electoral wards of Awe LGA.

Tomato Factory Set Up To Benefit Local Farmers – Dangote

Sani-DangoteDangote Group says hundreds of tomato farmers can become millionaires within the first two operational years of its new tomato factory.

The Vice President of Dangote Group, Mr Sani Dangote, attributed this to the effect of the new Tomato Backward Integration Policy of the Nigerian Government.

He told Channels Television that the factory was set up to help farmers, while he decried the unhealthy state of tomatoes in the market.

“If you see how tomatoes are been put to dry on the roadside under the Sun, purely the common sense is for us to set up that industry,” Mr Dangote said.

He, however, expressed optimism that local farmers who had been short-changed under the country’s massive tomato imports would benefit from the factory.

“First, the population is increasing in the whole country; there’s lack of job, lack of financial capacity everyday.

“These farmers are working hard but all they need is for someone to obtain their produce and pay them a decent price, so that they can live better and have better income; and all these insecurity problems – lack of job and idleness – will be eliminated,” the Vice President of Dangote Group noted.

Dangote Refinery Plants 60 Trees

Sixty trees have been planted in commemoration of the 60th birthday of the business mogul and President of Dangote group, Mr Aliko Dangote.

The tree planting, done at the 16 billion dollar Dangote refinery, was also aimed at combating global warming and climate change.

It was also carried out to create awareness for individuals to adopt the vision.

16 billion dollar Dangote refinery

Present at the event, and sharing their goodwill messages, were executive directors of the company, the United Nations, members of some mass A-forestation agencies, as well as daughters of Mr Dangote, Miss Fatima Dangote and Mrs Maria Dangote Dantata who represented him.

Togolese President Visits Dangote Refinery

Togo_presidentTogo’s President, Faure Gnassingbe, is in Lagos for a visit to the Dangote Refinery at the Lekki Trade Zone.

President Gnassingbe on Tuesday arrived the Presidential Wing of the Murtala Mohammed International Airport, Lagos.

The President and his entourage were received by the Governor of Lagos State, Mr Akinwunmi Ambode, the Minister of Industry, Trade and Investment, Okechukwu Enalemah, President of Dangote Group, Alhaji Alinko Dangote and some members of the business community.

President Gnassingbe’s visit to the refinery is premised on a possible business partnership between Dangote Group and the West African country.

The Togolee President also met with President Muhammadu Buhari. Both presidents met for about an hour in the President’s office.

While President Buhari commended Mr Aliko Dangote for his effort in the building of the refinery, the visiting president said that the refinery would go a long way to promote trade and contribute to reduce import from non-African countries.

Stabilise Niger Delta

President Buhari also promised that the Nigerian government would do all in its powers to stabilise the Niger Delta region to make the pumping of gas to other West African countries easy.

President Buhari had made a similar promise to the new President of Benin Republic, Mr Patrice Talon who also visited Nigeria for bilateral talks.

The discussion between the two leaders at the Presidential Villa centred on security, power and trade relations.

President Buhari thanked Benin Republic for contributing to the effort to check the Boko Haram insurgency and called on the West African nations to beware of restrictions on trade relations.

President Talon described Nigeria as a big brother who is needed at all times for his country to stabilise, especially in the power sector.

Bama IDPs Get Relief Materials

IDPs, Bama, Humanitarians, BornoInternally Displaced Persons (IDPs) living in makeshift camps in Bama Local Government have taken delivery of food and none food items from various humanitarians.

The Chairman of the Borno State Emergency Maintenance Agency (SEMA), Ahmed Sotomi, disclosed this to reporters on Thursday in Borno State, northeast Nigeria.

He lamented that at least 28,000 IDPs living in makeshift camps across liberated towns in the state have been dealing with hunger and ill health besides their homelessness.

Mr Sotomi noted that this was regardless of the relief items being donated by individuals, humanitarian organisations as well as government’s effort.

He added that 1,200 malnourished children and sick adults from the area had already been moved to the capital city of Maiduguri for proper diet and medication.

Commending the gesture, the Borno State Governor, Kashim Shettima, said that with 156 trailers load of assorted commodities, the Dangote Foundation had so far made the highest donation to the state.

One of the IDPs in Bama, Bunu Tela, urged the government to improve the feeding situation in the camps with consideration for special needs of inmates.

“What we want right now is food. The food they give us is not enough and there is no condiments.

“We just eat boiled rice with salt and seasoning sometimes, (but) we need more food. We need the government to help us to provide condiments for our meals,” Tela said.

Some of the beneficiaries of the items distributed in were orphaned children who have been forced by circumstances of the Boko Haram insurgency to head their families.

Officials say there are other 21,000 IDPs in Banki town, few kilometers away from Bama.

Dangote Refinery Will Fetch $6 Billion Yearly

pengassan-nnpc-DangoteThe planned refinery, fertiliser and petrochemical complex being built by Dangote Industries Limited will fetch Nigeria about $6 billion yearly in foreign exchange when completed.

This was revealed by the Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, during a tour of the project site over the weekend.

The Apex Bank also stated that it was ready to provide forex for the importation of the equipment needed for the project.

The refinery, which has crude processing capacity of 650,000 barrels per day, is expected to come on stream by mid-2018 with major products such as petrol, high speed diesel and jet a1. The fertiliser plant is expected to start production in 2017.

Three projects are estimated to cost about $14 billion out of which Mr Aliko Dangote is contributing 50 per cent.