Tag: Aliko Dangote

Dangote Foundation Commits N36bn To Malnutrition Intervention Plan — CEO

Dangote Foundation Commits N36bn To Malnutrition Intervention Plan — CEO

Health
Dangote Foundation on Wednesday said it would commit N36 billion to implement its malnutrition intervention plan in Nigeria from January 2018.The Chief Executive Officer of the Foundation, Zouera Youssoufou, who made the disclosure to the News Agency of Nigeria (NAN) in Kaduna, said 13 states would benefit from the intervention plan in the next five years. Youssoufou said the states are Adamawa, Bauchi, Borno, Gombe, Taraba, Yobe, Kaduna, Kano, Katsina, Kebbi, Jigawa, Sokoto and Zamfara. She said the intervention was as a result of the foundation’s pledge during the 2017 Global Nutrition Summit in Italy to spend 100 million dollars toward improving nutrition among Nigerians. She added that the N36 billion was part of the pledge to reduce malnutrition by 60 per cent in
A Population Of 200M Cannot Continue To Import Basic Needs Everyday – Dangote

A Population Of 200M Cannot Continue To Import Basic Needs Everyday – Dangote

Breaking, Business, Economy
Africa’s richest man, Aliko Dangote stated Monday at the ongoing Financial Times’ 4th annual Africa Summit at Claridges in London, that Nigeria could not afford to continue importation of basic needs on a sustainable basis given its large population and the cost of importation. Dangote noted that although” Freight rates are now cheap”, “they will go up soon”, adding, “A population of over 200M cannot continue to import basic needs on a daily basis”. He expressed optimism about the growing internal productive capacity of Nigeria, stating that, “We are not going to import anything any longer. “In Nigeria we are learning how to produce the entire value chain”. The business mogul shared welcoming news that Nigeria that was once a heavy importer of fertilizer, was preparing to produ
WE WILL SUE DANGOTE, HE WILL NOT USE OUR OIL IN HIS LAGOS BASED REFINERY – NIGER DELTA YOUTH

WE WILL SUE DANGOTE, HE WILL NOT USE OUR OIL IN HIS LAGOS BASED REFINERY – NIGER DELTA YOUTH

Breaking, Politics
Young people in the Niger Delta have debilitated to make legitimate move against Africa's wealthiest man, Aliko Dangote, over the area of his proposed refinery in Lagos rather than the Niger Delta region These youth under the aegis of Niger Delta Youths Leaders Administrative Council (NDYLAC), said the area of the refinery outside the Niger Delta district contradicts the Nigerian Content Act. In a statement issued yesterday in Port Harcourt and jointly signed by Magnus Uche and Pobewei Abie, chairman and secretary respectively, the NDYLAC said the location of the world's biggest refinery in Lagos other than the Niger Delta region where the raw materials are sourced amounted to "continuous enslavement of the people of the Niger Delta area". They argued that the US$18billion which h...
Dangote To Establish A World Class University In Abuja

Dangote To Establish A World Class University In Abuja

Breaking, Business, Education
President and founder of Dangote Foundation, Aliko Dangote, has earmarked aside N200 billion to establish a world-class university in Abuja. A former Executive Secretary of the NUC, Julius Okojie, is the chairman of the technical team for the establishment of the university. Okojie, who led his team to the NUC Executive Secretary, Abubakar Rasheed, said the proposed university is meant to be technology-driven and asked for the cooperation and support of the NUC towards the realisation of the goal. National Open University of Nigeria, NOUN, in a bulletin, said the team, accompanied by the Chief Executive Officer of the Dangote Foundation, Zouera Yousouffou, disclosed the desire of Africa’s richest man to float a unique university of technology with all the necessary infrastructu

WHY I CONSIDER MYSELF RICHER THAN DANGOTE – SEN. MARAFA

Breaking, Business, Politics
Senator representing Zamfara Central at the National Assembly, Kabiru Garba Marafa has declared that he is richer than Africa’s richest man, Alhaji Aliko Dangote. Senator Marafa made the revelation in an interview with DailyTrust, insisting that he is extremely rich because to him, richness is in the mind. The All Progressives Congress lawmaker said, “As far as I’m concerned, I’m richer than Aliko Dangote because the little I have is enough for me. I have never put myself in a very tight situation. “This is my sixth year as a senator and I’m still living in a rented house. I don’t have a house in Abuja but I believe when the time comes I’ll have it.” Marafa further said he operates on a principle of 60 kobo and 40 kobo, and promised the people that voted for him that he would
THE DANCING SENATOR IS BETTER THAN THE ONES WANTING TO SLEEP WITH PEOPLES WIFE- ALIBABA

THE DANCING SENATOR IS BETTER THAN THE ONES WANTING TO SLEEP WITH PEOPLES WIFE- ALIBABA

Breaking, Entertainment, Politics
Veteran Nollywood comic actor, Alibaba, has reacted to a viral video of Senator-elect, Ademola Adeleke dancing in celebration of his victory. Nigerians have shared mixed reactions to the video. While some find nothing wrong with it, others are of the opinion that a Senator of the Federal Republic of Nigeria shouldn’t be seen dancing in such manner. The frontline comedian, who reacted via his Instagram page, said that he preferred a dancing Senator to the one who threatened to rape other people’s wives. Alibaba wrote, ”So this Senator dances and that is your problem? What have we become? The Senate is filled with people who were elected through undemocratic processes. “Some married under aged girls. There are those who left their state broke but left as billionaires. “Wife beaters. Th
QUIT NOTICES: DANGOTE REACTS

QUIT NOTICES: DANGOTE REACTS

Breaking, Politics
The Chairman of Dangote Group, Alhaji Aliko Dangote speaks on the quit notice issued to Igbos by a coalition of northern youths. The Arewa groups had asked South-easterners living in the north to vacate before October 1. Giving his position on the issue which has drawn condemnation from many groups and individuals, the billionaire said joblessness was the reason for the ultimatum. Dangote said this when a team of business executives from Lagos Business School (LBS), visited his multi-billion dollars refinery and petrochemical projects in Ibeju-Lekki, Lagos. “Some guys who have no relevance and values came out to issue a warning that Igbo should leave the North. ‘I am surprised everybody started talking about this nonsense. Why are we talking about it? “Obviously, in a place
PRESIDENT BUHARI WISHES DANGOTE HAPPY 6Oth BIRTHDAY ANNIVERSARY

PRESIDENT BUHARI WISHES DANGOTE HAPPY 6Oth BIRTHDAY ANNIVERSARY

Breaking, Politics
President Muhammadu Buhari on Sunday congratulated businessman and philanthropist, Alhaji Aliko Dangote, on his 60th birthday. According to a statement by his Special Adviser on Media and Publicity, Mr. Femi Adesina, the President joined the business world, Dangote’s friends and family in congratulating “the Forbes’ rated richest African and black man for his patriotism and kind heartedness in always making sacrifices to safeguard the health of the nation, most remarkably the polio and Ebola interventions.” Adesina said the President believed that the business mogul remained “a shining example of the virtues of choosing entrepreneurship from an early age, treading the path of diligence, perseverance and continuous learning to build some of the world’s largest manufacturing and dist
Re Theft Of Paris Club Refund: Saraki Claimed He Borrowed N5billion To Fund Buhari’s Election

Re Theft Of Paris Club Refund: Saraki Claimed He Borrowed N5billion To Fund Buhari’s Election

Politics
EFCC  STATEMENT The attention of the Economic and Financial Crimes Commission, EFCC, has been drawn to a story entitled, ‘Theft of Paris Club Refund: Saraki Claimed He Borrowed N5b from Dangote to Fund Buhari’s Election’ which appeared in the online news portal Sahara Reporters on Friday March 3, 2017. The report quoting an unnamed EFCC agent claims that Senate President Bukola Saraki and some state governors embezzled billions of Naira from the London/ Paris Club refund. Specifically, it alleges that Mr. Saraki received about N3.5billion from the so-called slush fund, and colluded with some governors to launder N5 billion out of the funds to multi-billionaire businessman, Aliko Dangote, ostensibly as refund for supporting the campaign of President Muhammadu Buhari. The Commission wishe
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