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Dangote frowns at elite profligacy, says investment better than private jets, Rolls-Royce
Africa’s richest person and founder of Dangote Group, Aliko Dangote, has criticised wealthy Nigerians who prioritise Rolls-Royce vehicles and private jets instead of investing in industries for job creation.
Speaking with journalists on Friday, the industrialist said Nigeria cannot develop by depending on imports, arguing that importation “is importing poverty and exporting jobs”.
He questioned whether Nigeria can progress without building its own industries, saying the country must prioritise agriculture, industrialisation, and a strong banking system to support growth.
“If you have money for Rolls-Royce, you should go and put up an industry in your locality, or anywhere in part of Nigeria, wherever that you feel there is a need,” Dangote said.
“Everybody has a private jet. Those private jets should be in industries, so that we can create jobs.”
The billionaire said Nigeria must prepare for its rapidly growing population, noting that 8.7 million babies are born each year — a demand that will require massive investments in power, infrastructure, healthcare and schools.
The billionaire said companies must also fulfil their civic responsibility by paying taxes, describing the government as “the number one shareholder” in every business through the tax system.
“What we are looking for is that [the] government should give us an enabling environment to do this. We too, as corporate citizens, we must make sure that we pay our taxes. We must behave. So it is a partnership,” he said.
“If I pay tax, your children will be able to go to school. Your children will be able to go to [the] hospital. We don’t need to go to Cairo, London, or the US for medicals. We do it here.”
The group president also urged Nigeria to focus less on wooing foreign investors and more on strengthening policies that encourage domestic investment.
News
Breaking: Court of Appeal rules in favour of Turaki -led PDP candidate for Osun governorship election
The Court of Appeal, Abuja Division, on Thursday, ruled that the Peoples Democratic Party, PDP Gubernatorial Candidate in Osun State was validly nominated by the Tanimu Turaki-led National Working Committee.
The court also ordered INEC to list the PDP logo on the ballot ahead of Saturday’s gubernatorial election.
The Court held that access code is neither a creation of the Constitution nor the Electoral Act; rather, a creation of INEC’s guidelines and cannot, in any way, override the provisions of the Constitution.
Section 288 of the Constitution does not specify the method for nominating candidates; it only states that the names of candidates should be forwarded to the Commission.
The court further held that the defendant (INEC) should take steps to include the name of the appellant on the ballot paper.
Additionally, the court ruled that the primary election conducted by the Tanimu Turaki-led National Working Committee (NWC) of the PDP was a valid primary election in law.
The three-man panel of justices—Justice Mahmud, Justice Jaro, and Justice Ankawere, was unanimous in its judgment.
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Breaking: NHRC sets up situation room to monitor and document hate speech, intimidation, threat to life ahead 2027
The national Human Rights Commission, NHRC, has set up a situation room to monitor and document all incidences of hate speech, intimidation and threat to life by politicians and other actors ahead of the 2027 general election.
The National Human Rights Commission (NHRC) has expressed concerns over rising incidences of hate speech, intimidation and outright threat to life by highly placed individuals, especially politicians and religious leaders.
The Executive Secretary of the Commission, Chef Tony Ojukwu, SAN, revealed this on Thursday in Abuja at a press conference.
He said the situation room would enable the Commission harvest data, analysis and document persons, agencies and others involved in the negative statements in order to ensure they are properly tracked and brought to book by relevant agencies.
Ojukwu also took journalists on a tour of the newly set up situation room.
Details later…..
News
Breaking: NHRC expresses concern over rising incidences of hate speech, threat to life ahead 2027 elections
The National Human Rights Commission (NHRC) has expressed concerns over rising incidences of hate speech, intimidation and outright threat to life by highly placed individuals, especially politicians and religious leaders.
At a press conference in Abuja Thursday, the Executive Secretary of the Commission, Chef Tony Ojukwu, SAN, recalled statements credited to Senator Francis Fadahunsi and Sheikh Yahya Jingir and described the das dangerous with capacity to set the nation ablaze.
He called on politicians, religious and traditional rulers, among other stakeholders to call their supporters and faithful to orders.
He urged government to act before rhetorics turn to violence, saying the forthcoming election in Osun State should serve as example of Nigeria’s capacity to conduct political contest in compliance with international best practices.
Details later…..
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