News
Dangote unveils expansion plan, says Nigeria’s industrialism top priority
Dangote Group has unveiled its expansion plans and promised to work towards full industrialization and development of Nigeria.
Mrs Fatima Aliko-Dangote, the Group Executive Director, Commercial Operations, made this known at the ongoing 2025 Lagos International Trade Fair organised by the Lagos Chamber of Commerce and Industry (LCCI) on Wednesday
She was represented by Mrs Funmi Sanni, Group Head, Sales and Marketing, Dangote Cement Plc.
Aliko-Dangote described industrialisation as the most viable path to value addition, economic diversification, and large-scale job creation for the nation’s youth.
She also revealed the company’s plan to expand Dangote Petroleum Refinery’s capacity from 650,000 barrel per day to 1.4mn per day by 2028.
She noted that the theme of the ongoing trade fair: ” Connecting Businesses, Creating Value”, was both timely and highly appropriate.
According to her, it encapsulates the chamber’s strategic vision of bringing together many stakeholders, manufacturers, suppliers, distributors and consumers in the same location.
Aliko-Dangote said the group as Africa’s leading indigenous conglomerate, was connected to several businesses across the world and consistently creating values.
She said its investment philosophy is that only Africans can develop Africa.
“This is why we have invested in many African countries.
“Recently, we had the historic groundbreaking ceremony of the $2.5 billion, three million metric tonne Urea Fertiliser Production Complex, in Gode, Ethiopia.
“This new plant is a partnership between the Dangote Group and Ethiopian Investment Holdings (EIH), the strategic investment arm of the Government of Ethiopia.
“The project at completion will generate thousands of direct and indirect jobs in the country while at the same time boosting agricultural output,” she said.
Aliko-Dangote added that the group had commenced the expansion of Dangote Cement Plant in Ethiopia with a $400 million investment plan for a second production line at the cement plant.
She said its 3Mta Côte d’Ivoire grinding plant started operations in the third quarter, marking another major step in Dangote Cement’s growth journey, increasing our total installed capacity to 55Mta across Africa.
“This milestone reinforces our commitment to regional self-reliance and strengthens our position as the continent’s leading cement producer.
“We have started construction of a new 6Mta integrated cement plant in Itori Ogun state, a facility that would be dedicated for export to neighbouring countries,” she said.
Aliko-Dangote said in Nigeria, the group was expanding Dangote Petroleum Refinery’s capacity from 650,000 barrel per day to 1.4mn per day by 2028.
She stated that Dangote Fertiliser Ltd., and Dangote Polypropylene, Dangote Sugar Refinery and NASCON Allied Industries Plc (Dangote Salt) were leading players in their sectors.
She affirmed the commitment of Dangote Sugar to ensuring that Nigeria ends the importation of raw sugar by actively intensifying its execution of the Sugar Backward Integration.
“In this regard, it has committed over $700 million in land acquisition, machinery, infrastructure, manpower, community relations, corporate social responsibility and other impactful activities,” she said.
Addressing the trade fair, Aliko-Dangote expressed her expectations, hoping that through the fair, the company would be able to expand awareness of its innovative products and generate sales.
She said the fair would provide the opportunity to improve the image of brands and open new markets that would further translate to job creation and overall economic development.
The Chief Executive Officer, Dangote Sugar Refinery Plc, Mr Ravindra Singhvi, unveiled two new categories of Dangote Sugar pack.
Singhvi acknowledged the immense growth of the Dangote Group companies, highlighting its position as the largest in Africa and a significant player globally.
Looking to the future, he announced ambitious plans for two major projects, which would focus on producing sugar from Nigeria, by Nigerians, and for Nigerians.
According to him, these initiatives are set to significantly enhance the company’s capabilities and better meet market demands.
“Currently, the company offers 50kg bags—both fortified and unfortified—for various consumer segments.
“In response to changing consumer preferences and market dynamics, two new packages are being launched: 25 kg bags and 100-gram bags,” he said.
Singhvi said the introduction of the 25kg bag was a strategic move to aid distributors and consumers who often had to divide larger bags for retail purposes.
He stated that by offering this more manageable size, the company aimed to streamline the purchasing process for corporate customers and others, ensuring they can buy a fresh product without additional costs.
Mr Gabriel Idahosa, President, LCCI, said to navigate the complexities of a rapidly evolving global economy, the role of visionary industrial leadership was crucial.
Idahosa said the leadership of Dangote Group had demonstrated industrial prowess by investing where others were hesitant.
He described the birth of Dangote Refinery as a clear demonstration of an industrialist utterly passionate about the country and willing to support various areas of impact.
“With the Dangote Refinery having a confirmed capacity to meet the local demand in Nigeria, the Nigerian economic outlook looks bright.
“The LCCI remained committed to fostering partnerships, promoting policy advocacy, and creating platforms that enabled businesses and industries to thrive,” he said.
News
Supreme Court to rule on ADC, PDP cases Thursday
The Supreme Court of Nigeria will on Thursday, deliver judgments in two cases involving the leadership crises rocking the African Democratic Congress and the Peoples Democratic Party.
According to information on the official website of the court, the matters, listed under “Political Appeals”, have been added to the cause list for Thursday, April 30, 2026.
While judgment in the ADC matter, marked SC/CV/180/2026, has been fixed for 2 pm, there is no time yet for that if the PDP.
News
Tinubu to reconstitute NHRC board, retains Ojukwu as ES/CEO
President Bola Tinubu has written the Senate, seeking the screening and subsequent confirmation of fifteen nominees to the National Human Rights Commission (NHRC).
The letter was read by the President of the Senate, Senator Godswill Akpabio.
The letter seeks the reconstitution of the commission’s board in line with statutory provisions with the list comprising nominees from diverse professional backgrounds, including the media and legal sectors.
Among the nominees are the President, Nigeria Guild of Editors and Editor, Vanguard Newspapers, Mr. Eze Anaba; and Dr. Salamatu Hussaina Suleiman, who has been proposed as chairman of the board.
The Executive Secretary of the Commission, Dr. Anthony Ojukwu (SAN) is to retain his position as the Chief Executive Officer.
Other nominees include Mrs Roseline Tasha, Ambassador Adam Yubak Baku, ACG Felix Lawrence, Mr. Edmund Chinonye, Mr. Chinonye Obiaku (SAN), Oluwakemi Asiwaju Okere-Odo, Professor Adedeji Ogunji, Kingsley Chidozie, Mohammed Adelodu, Maupe Ogun Yusuf, and Otunba Francis Meshioye as members.
Also nominated are Patience Patrick and Hawwa Ibrahim, listed as members.
The President said the nominations were made pursuant to Section 2(3) of the National Human Rights Commission (Establishment) Act, 2010, which empowers him to constitute the board subject to Senate confirmation.
He explained that the reconstitution of the board was necessary to enhance the commission’s institutional capacity and enable it to more effectively discharge its mandate to promote and protect human rights across the country.
If confirmed, the new board is expected to play a critical role in reinforcing the NHRC’s oversight functions, particularly at a time of heightened concerns over rights protection and accountability in Nigeria.
Following the presentation of the request, the Senate referred the nominations to its Committee on Judiciary, Human Rights and Legal Matters for screening and report within two weeks.
News
Breaking: EFCC investigates Pastor Jerry Eze over alleged money laundering
The Economic and Financial Crimes Commission, EFCC, has revealed that it investigated the founder of Streams of Joy International, Pastor Jerry Eze, for six months over suspected money laundering before clearing him.
Ola Olukoyede, chairman of the Commission, disclosed this on Wednesday while speaking at the Jerry Eze Foundation Business Grant Award Ceremony in Abuja.
According to him, the probe was triggered by intelligence reports and petitions after the commission observed large inflows of foreign currencies into the cleric’s domiciliary account.
“We work by intelligence, we work by petitions. At some point, I saw there was an account, a domiciliary account. Dollars, pounds were dropping in like raindrops, from Colombia, from America, from Sri Lanka, even from Togo.
“I said who is this man? Yes, I’ve been hearing about his name, I’ve seen his face a couple of times. I never bothered about what he was doing. I knew he was a pastor.
“So they said this one pastor of streams of joy, go and investigate him. So we went to the investigation. We combed the books,” Olukoyede stated.
The EFCC boss said he subsequently invited Eze for questioning after preliminary findings were compiled by investigators.
He added that upon meeting the cleric and reviewing the findings of the investigation, the commission found no wrongdoing.
“So he came to my office. He told me what happens and all of that, and how the money came, what he does, how he has been helping people, and all of that.
“I said, you know what, I didn’t call you here to explain to me. We have already done our work. I called you here to commend you,” he stated.
The remark drew applause from the audience, as Eze, who was present at the event, acknowledged the commendation.
He noted that the commission has a responsibility not only to investigate financial crimes but also to recognise individuals found to have acted with integrity.
The EFCC chairman, however, stated that the agency would continue to monitor financial activities where necessary, stressing that its preventive mandate remains critical in tackling corruption.
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