Business
Buhari, Governors Eulogise Business Magnate, Aliko Dangote at 65
By Derrick Bangura
President Muhammadu Buhari, the Northern Governors Forum (NGF) and Lagos State Governor, Mr. Babajide Sanwo-Olu, have congratulated the Chairman and Chief Executive Officer of Dangote Group, Aliko Dangote, as he marked his 65th birthday anniversar on Sunday.
In a statement Sunday by his Media Adviser, Femi Adesina, the president joined family members, friends and associates to celebrate the milestone with the business magnate.
Buhari shared the memorable occasion with the Dangote Group, which includes management and members of staff, and the many visionary leaders that daily redefine the livelihood of Nigerians for the better, and drive competitiveness in the economy with clear ranking of excellence in provision of goods and services.
He affirmed the footprints of the consummate businessman in key sectors of the economy, and the remarkable results achieved in production and supply of food items, making him a household name.
He also praised Dangote’s dynamism in buoying the economy through heavy investments in building Africa’s largest refinery, fertiliser manufacturing company, and cement factories.
Buhari appreciated the patriotism, simplicity and wisdom that Dangote has consistently displayed, making Nigeria and Nigerians his first priority, while setting example for many that charity truly begins from home.
The President wished him greater service to God, country, and humanity.
On their part, members of the NGF described Alhaji Aliko Dangote as a pride to the North, Nigeria, and Africa, adding that his business prowess has brought succor to humanity across the globe.
According a statement by the Chairman of NGF, Governor Simon Lalong of Plateau State, the success of Dangote in the business world has impacted the lives of the citizens positively and contributed enormously to the economic growth of the country and continent at large.
Commending him for maintaining his vision of industralising Nigeria and Africa as well as also ensuring that the nation’s economy is developed in line with the abundant human and natural endowments of Nigeria which are largely under-utilised, the governors said they were particularly excited about the role that Africa’s richest businessman had played, and has continued to play in creating jobs and fighting unemployment.
Lalong said the Forum cherishes the goodwill and solidarity that Dangote has extended to states individually and collectively through direct investments in the local economy as well as his philanthropic interventions to the indigent, particularly victims of crises in the region who are displaced or traumatised.
Urging him to continue to carry on with his landmark investment activities such as the refinery which is expected to contribute significantly to Nigeria’s development, the Governors wish him God’s blessings and protection
Sanwo-Olu in a statement noted that the business magnate was doing a lot for Nigeria by contributing to the growth of her economy and providing jobs and empowerment for millions of people, especially youths in different parts of the country.
Sanwo-Olu in the birthday message issued by his Chief Press Secretary, Gboyega Akosile also praised Dangote’s contribution to the economy of Nigeria through his various manufacturing companies in different parts of the country, especially the Dangote Fertilizer Plant and the Dangote Refinery in Lekki, Lagos.
He said: “On behalf of my wife, Ibijoke, Lagos State Government, and\ the good people of Lagos State, I join family, friends and business associates to congratulate you (Alhaji Aliko Dangote) on your 65th birthday celebration.
“You are a blessing to your generation considering how God has been using you to put smiles on the faces of many Nigerians working in your companies. You are an employer of labour and a respected business magnate who is contributing positively to the economy of Nigeria.
“Lagos is happy to associate with you because of the tremendous work you are doing in our State by setting up two of your major companies – Dangote Fertilizer Plant and Dangote Refinery – that have provided job opportunities for thousands of Lagosians.
“We want to thank God for the grace upon your life and for using your business acumHe affirmed the footprints of the consummate businessman in key sectors of the economy, and the remarkable results achieved in production and supply of food items, making him a household name.
He also praised Dangote’s dynamism in buoying the economy through heavy investments in building Africa’s largest refinery, fertiliser manufacturing company, and cement factories.
Buhari appreciated the patriotism, simplicity and wisdom that Dangote has consistently displayed, making Nigeria and Nigerians his first priority, while setting example for many that charity truly begins from home.
The President wished him greater service to God, country, and humanity.
On their part, members of the NGF described Alhaji Aliko Dangote as a pride to the North, Nigeria, and Africa, adding that his business prowess has brought succor to humanity across the globe.
According a statement by the Chairman of NGF, Governor Simon Lalong of Plateau State, the success of Dangote in the business world has impacted the lives of the citizens positively and contributed enormously to the economic growth of the country and continent at large.
Commending him for maintaining his vision of industralising Nigeria and Africa as well as also ensuring that the nation’s economy is developed in line with the abundant human and natural endowments of Nigeria which are largely under-utilised, the governors said they were particularly excited about the role that Africa’s richest businessman had played, and has continued to play in creating jobs and fighting unemployment.
Lalong said the Forum cherishes the goodwill and solidarity that Dangote has extended to states individually and collectively through direct investments in the local economy as well as his philanthropic interventions to the indigent, particularly victims of crises in the region who are displaced or traumatised.
Urging him to continue to carry on with his landmark investment activities such as the refinery which is expected to contribute significantly to Nigeria’s development, the Governors wish him God’s blessings and protection
Sanwo-Olu in a statement noted that the business magnate was doing a lot for Nigeria by contributing to the growth of her economy and providing jobs and empowerment for millions of people, especially youths in different parts of the country.
Sanwo-Olu in the birthday message issued by his Chief Press Secretary, Gboyega Akosile also praised Dangote’s contribution to the economy of Nigeria through his various manufacturing companies in different parts of the country, especially the Dangote Fertilizer Plant and the Dangote Refinery in Lekki, Lagos.
He said: “On behalf of my wife, Ibijoke, Lagos State Government, and\ the good people of Lagos State, I join family, friends and business associates to congratulate you (Alhaji Aliko Dangote) on your 65th birthday celebration.
“You are a blessing to your generation considering how God has been using you to put smiles on the faces of many Nigerians working in your companies. You are an employer of labour and a respected business magnate who is contributing positively to the economy of Nigeria.
“Lagos is happy to associate with you because of the tremendous work you are doing in our State by setting up two of your major companies – Dangote Fertilizer Plant and Dangote Refinery – that have provided job opportunities for thousands of Lagosians.
“We want to thank God for the grace upon your life and for using your business acumHe affirmed the footprints of the consummate businessman in key sectors of the economy, and the remarkable results achieved in production and supply of food items, making him a household name.
He also praised Dangote’s dynamism in buoying the economy through heavy investments in building Africa’s largest refinery, fertiliser manufacturing company, and cement factories.
Buhari appreciated the patriotism, simplicity and wisdom that Dangote has consistently displayed, making Nigeria and Nigerians his first priority, while setting example for many that charity truly begins from home.
The President wished him greater service to God, country, and humanity.
On their part, members of the NGF described Alhaji Aliko Dangote as a pride to the North, Nigeria, and Africa, adding that his business prowess has brought succor to humanity across the globe.
According a statement by the Chairman of NGF, Governor Simon Lalong of Plateau State, the success of Dangote in the business world has impacted the lives of the citizens positively and contributed enormously to the economic growth of the country and continent at large.
Commending him for maintaining his vision of industralising Nigeria and Africa as well as also ensuring that the nation’s economy is developed in line with the abundant human and natural endowments of Nigeria which are largely under-utilised, the governors said they were particularly excited about the role that Africa’s richest businessman had played, and has continued to play in creating jobs and fighting unemployment.
Lalong said the Forum cherishes the goodwill and solidarity that Dangote has extended to states individually and collectively through direct investments in the local economy as well as his philanthropic interventions to the indigent, particularly victims of crises in the region who are displaced or traumatised.
Urging him to continue to carry on with his landmark investment activities such as the refinery which is expected to contribute significantly to Nigeria’s development, the Governors wish him God’s blessings and protection
Sanwo-Olu in a statement noted that the business magnate was doing a lot for Nigeria by contributing to the growth of her economy and providing jobs and empowerment for millions of people, especially youths in different parts of the country.
Sanwo-Olu in the birthday message issued by his Chief Press Secretary, Gboyega Akosile also praised Dangote’s contribution to the economy of Nigeria through his various manufacturing companies in different parts of the country, especially the Dangote Fertilizer Plant and the Dangote Refinery in Lekki, Lagos.
He said: “On behalf of my wife, Ibijoke, Lagos State Government, and\ the good people of Lagos State, I join family, friends and business associates to congratulate you (Alhaji Aliko Dangote) on your 65th birthday celebration.
“You are a blessing to your generation considering how God has been using you to put smiles on the faces of many Nigerians working in your companies. You are an employer of labour and a respected business magnate who is contributing positively to the economy of Nigeria.
“Lagos is happy to associate with you because of the tremendous work you are doing in our State by setting up two of your major companies – Dangote Fertilizer Plant and Dangote Refinery – that have provided job opportunities for thousands of Lagosians.
“We want to thank God for the grace upon your life and for using your business acumHe affirmed the footprints of the consummate businessman in key sectors of the economy, and the remarkable results achieved in production and supply of food items, making him a household name.
He also praised Dangote’s dynamism in buoying the economy through heavy investments in building Africa’s largest refinery, fertiliser manufacturing company, and cement factories.
Buhari appreciated the patriotism, simplicity and wisdom that Dangote has consistently displayed, making Nigeria and Nigerians his first priority, while setting example for many that charity truly begins from home.
The President wished him greater service to God, country, and humanity.
On their part, members of the NGF described Alhaji Aliko Dangote as a pride to the North, Nigeria, and Africa, adding that his business prowess has brought succor to humanity across the globe.
According a statement by the Chairman of NGF, Governor Simon Lalong of Plateau State, the success of Dangote in the business world has impacted the lives of the citizens positively and contributed enormously to the economic growth of the country and continent at large.
Commending him for maintaining his vision of industralising Nigeria and Africa as well as also ensuring that the nation’s economy is developed in line with the abundant human and natural endowments of Nigeria which are largely under-utilised, the governors said they were particularly excited about the role that Africa’s richest businessman had played, and has continued to play in creating jobs and fighting unemployment.
Lalong said the Forum cherishes the goodwill and solidarity that Dangote has extended to states individually and collectively through direct investments in the local economy as well as his philanthropic interventions to the indigent, particularly victims of crises in the region who are displaced or traumatised.
Urging him to continue to carry on with his landmark investment activities such as the refinery which is expected to contribute significantly to Nigeria’s development, the Governors wish him God’s blessings and protection
Sanwo-Olu in a statement noted that the business magnate was doing a lot for Nigeria by contributing to the growth of her economy and providing jobs and empowerment for millions of people, especially youths in different parts of the country.
Sanwo-Olu in the birthday message issued by his Chief Press Secretary, Gboyega Akosile also praised Dangote’s contribution to the economy of Nigeria through his various manufacturing companies in different parts of the country, especially the Dangote Fertilizer Plant and the Dangote Refinery in Lekki, Lagos.
He said: “On behalf of my wife, Ibijoke, Lagos State Government, and\ the good people of Lagos State, I join family, friends and business associates to congratulate you (Alhaji Aliko Dangote) on your 65th birthday celebration.
“You are a blessing to your generation considering how God has been using you to put smiles on the faces of many Nigerians working in your companies. You are an employer of labour and a respected business magnate who is contributing positively to the economy of Nigeria.
“Lagos is happy to associate with you because of the tremendous work you are doing in our State by setting up two of your major companies – Dangote Fertilizer Plant and Dangote Refinery – that have provided job opportunities for thousands of Lagosians.
“We want to thank God for the grace upon your life and for using your business acumen and philanthropic gestures for good cause in our society.
“I wish you all the very best on your 65th birthday. I pray that God will grant you long life and sound health for you to continue to contribute to humanity.”
Business owners in Bauchi, Gombe and Jigawa are recording losses due to week-long blackout ocassioned by vandalism of the power transmission line in parts of northern Nigeria.
The sudden disruption in electricity supply in the past days, also affected essential services such as water, sanitation, street lighting and healthcare delivery as most hospitals have been operating without light.
Some of the affected businesses including shop keepers, millers and artisans, who spoke while reacting to a survey by the News Agency of Nigeria (NAN), described the situation as “pathetic”.
The survey examined the perennial collapse of national grid and the need for alternative power supply in the country.
Rice millers in Gombe had decried the impact of the erratic power supply on their businesses.
A Miller, Musa Arab, at Nassarawo Industrial Layout in Gombe, said the trend was crippling their operations as they relied on electricity supply from the grid to process paddy.
He said the mills were not operational power outage as they could not afford exorbitant pump prices of petrol or diesel to run their machines.
This, he said, reduced the volume of rice supply to the market and posed serious challenge to food security.
“We must invest in power because it is the biggest determining factor for industries to thrive.
“I have over 20 workers in my mill, and we have 100 mini rice mills here, so you can imagine those who have no jobs for the past 10 days.
“Government must go tough on those responsible for the perennial grid collapse because some persons may be benefitting from it,” he said.
Also, Yusuf Ibrahim said the situation might trigger the already fragile inflation, as prices of local varieties would shot up ocassioned by the diminish supply.
He said that some had jerked up their charges to cover the expenses on diesel thereby affecting rice prices.
A check by NAN at the Gombe Main market showed that a 100 kilogramme of rice was sold for between N120,000 and N160,000, as against N110,000 and N150,000, before the blackout.
Mr Usman Sani, a rice dealer, attributed the hike in price to low supply of the produce to the market in spite of the number harvest recorded this cropping season.
He said the prices had decreased slightly at the onset of the harvest, however, it showed sprawling increase due to power outage.
“The price of rice is already dropping as a result of harvest but the trend reverse since the blackout in the past days “ he said.
Ugochukwu Daniel, a bartender in Bauchi, decried the epileptic power supply in the country, adding that lack of durable energy supply would retard Nigeria’s quest to attain social and economic greatness.
Daniel said that she spent much on fuel to run power generator for refrigrator and lightening the beer parlour, to enable her to keep the business running.
He said that businesses could only thrive in an enabling environment with stable electricity supply, to enhance wealth creation and reduce poverty among Nigerians.
“My trade is about chill drinks and it survives on electricity to operate otherwise you will out of bussiness.
“Without electricity there is nothing you can do, and not only business but about everything. We depend on it,” he said.
Similarly, Samuel Adamu, said the persistent power outage had forced him to patronised charcoal for ironing clothes in spite of its high cost and cumbersome processes.
He said that most cleaners in the area had resorted to fabricated iron charcoal in spite of hike in its prices which suddenly jumped from N5,000 to N15,000.
Adamu said the situation also encouraged division of labour in laundry to cut cost and make some gains.
“Presently, I do wash the cloth, and engage someone for ironing. The charge is N300 per set as against N150”.
While advocated development of renewable energies to enhance power supply in the country, Adamu urged security agencies to entensify efforts towards electrical installations in the country.
In the same vein; Mr Muhammad Adamu, Chairman, Jigawa State House Assembly Commitee on Power and Energy, said the Jigawa Electricity Law 2024, made sound provisions to improve power generation and distribution in the state.
This, he said, was an offshoot of the devaluation brought about by the 5th alteration of the constitution, where removed power from the executive legislative list and to the concurrent list.
“It empowered the state houses of assembly to enact laws on power.
“The committee has also carefully pursued the bill and reviewed its structure and the promise it holds for the state power sector, infrastructure and the overall economy of the state.
“The new law will pave way for the establishment of Jigawa Electricity Commission, to regulate the state’s electricity market,” he said.
According to Adamu, the law will protect residents and investors in the energy sector through ensuring prepaid meter installation and possibility of recouping investor’s funds as well as address vandalism.
“The law will lead to provision of reliable, affordable and sustainable power, essential for development of all sectors of the economy, particularly in rural areas,” Adamu said.
“Vandalism will be over because we pay Kano Electricity Distribution Company (KEDCO) money for powered supplies, but whenever there is problem of damages or broken down transformers, it is either the communities or individuals that pay for the repairs”.
The head of German luxury carmaker Mercedes-Benz, has called for the European Union to de-escalate the dispute with China over tariffs on electric cars.
“We need more free trade instead of new trade barriers.
“That is why it is important to find a solution that suits both the EU and China,” chief executive Ola Källenius told the Monday edition of Bild newspaper.
“The negotiations for this take time. In order not to jeopardise them, the EU should postpone the enforcement of the planned tariffs,’’ he said.
At the start of the month, a majority of EU countries paved the way for additional tariffs of up to 35.3 per cent on battery-powered electric vehicles imported from China.
Germany, however, voted against the measure amid concerns over retaliatory actions which could hurt the country’s giant car industry.
The European Commission had pressed for extra tariffs after an investigation accused Beijing of subsidising domestic electric car manufacturers, and thus distorting the market in the EU.
But whether the import tariffs would actually come into force at the beginning of November is still up to the commission.
The plans can still be dismissed if Brussels reaches a solution with China at the negotiating table.
The Abuja Chamber of Commerce and Industry (ACCI), is taking innovative steps to enhance professional relationships and promote a healthy work-life balance.
The President of ACCI, Dr Emeka Obegolu, said this in a statement on Tuesday in Abuja.
Obegolu said ACCI was committed to creating environments where professionals could connect beyond the confines of traditional boardrooms.
He said the upcoming “Business Meets Golf’’ Tournament epitomises this vision.
“Scheduled for Oct. 18 to Oct 19 at the IBB Golf Club, the tournament will gather industry leaders, top executives, and key decision-makers for a unique networking experience.
“This two-day event aims not only to strengthen business ties but also to foster partnerships that can drive economic growth.
“The ACCI’s initiative reistates the importance of maintaining a balance between professional achievement and personal well-being.
“By encouraging corporate cultures that prioritise relaxation and self-care, the Chamber acknowledges that such balance is vital for productivity and overall success,” he said.
According to Obegolu, the event will feature a range of activities designed to facilitate both business engagement and relaxation.
“Highlights include a Business-to-Business (B2B) cocktail on the first day, followed by the golf tournament and additional networking opportunities on the second day.
“The tournament will culminate in an awards ceremony recognising outstanding golfers among the participants.
“‘Business Meets Golf’ exemplifies our dedication to fostering innovative networking opportunities.
“We aim to create spaces for meaningful discussions that can lead to impactful collaborations,” Obegolu said.
The ACCI boss said in addition to promoting business connectivity, the council aimed to restate the importance of relaxation and a balanced lifestyle.
Obegolu said through events like this, the Chamber continued to play a pivotal role in supporting trade and industry in Nigeria while driving sustainable growth within the private sector.
He said to raise awareness about this landmark event, ACCI was partnering with the News Agency of Nigeria (NAN) and Media Trust Limited, to ensure broad visibility and engagement from leading brands.
The Abuja Chamber of Commerce and Industry (ACCI), is taking innovative steps to enhance professional relationships and promote a healthy work-life balance.
The President of ACCI, Dr Emeka Obegolu, said this in a statement on Tuesday in Abuja.
Obegolu said ACCI was committed to creating environments where professionals could connect beyond the confines of traditional boardrooms.
He said the upcoming “Business Meets Golf’’ Tournament epitomises this vision.
“Scheduled for Oct. 18 to Oct 19 at the IBB Golf Club, the tournament will gather industry leaders, top executives, and key decision-makers for a unique networking experience.
“This two-day event aims not only to strengthen business ties but also to foster partnerships that can drive economic growth.
“The ACCI’s initiative reistates the importance of maintaining a balance between professional achievement and personal well-being.
“By encouraging corporate cultures that prioritise relaxation and self-care, the Chamber acknowledges that such balance is vital for productivity and overall success,” he said.
According to Obegolu, the event will feature a range of activities designed to facilitate both business engagement and relaxation.
“Highlights include a Business-to-Business (B2B) cocktail on the first day, followed by the golf tournament and additional networking opportunities on the second day.
“The tournament will culminate in an awards ceremony recognising outstanding golfers among the participants.
“‘Business Meets Golf’ exemplifies our dedication to fostering innovative networking opportunities.
“We aim to create spaces for meaningful discussions that can lead to impactful collaborations,” Obegolu said.
The ACCI boss said in addition to promoting business connectivity, the council aimed to restate the importance of relaxation and a balanced lifestyle.
Obegolu said through events like this, the Chamber continued to play a pivotal role in supporting trade and industry in Nigeria while driving sustainable growth within the private sector.
He said to raise awareness about this landmark event, ACCI was partnering with the News Agency of Nigeria (NAN) and Media Trust Limited, to ensure broad visibility and engagement from leading brands.
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