NEWS
Dangote Describes Tinubu as a Listening President, with Pro-Private Sector Policies
President/Chief Executive of Dangote Group, Aliko Dangote has hailed President Bola Ahmed Tinubu as a listening president whose policies are restoring private investors confidence in Nigeria’s economy.
Dangote made the remarks over the weekend during a visit by the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, to the $20 billion Dangote Petroleum Refinery & Petrochemicals and Dangote Fertiliser Limited in Ibeju-Lekki, Lagos.
Commending President Tinubu’s efforts at addressing the issue of crude supply challenges to domestic refineries, Dangote praised the Naira-for-Crude initiative and the Nigeria First policy as bold and transformative steps capable of revitalising the economy faster than expected.
ALSO READ: Tinubu and Okpebholo: A Partnership Redefining Edo’s Future?
“I believe we must sincerely thank His Excellency, President Bola Ahmed Tinubu, for ensuring that there have been improvements in the supply of crude oil. His insistence that all crude oil transactions be conducted in naira has been particularly commendable. For us to effectively meet market demand—which we have the capacity to do—it is essential that crude is priced and purchased in our local currency,” he said.
The leading industrialist noted that these initiatives, along with other economic reforms, have brought a measure of stability to the naira-to-dollar exchange rate. He expressed optimism that the naira would continue to strengthen in the coming weeks as the effects of the reforms become more visible. According to him, the improved market predictability has helped investors make sound business decisions and restored confidence in the investment climate.
“We are also beginning to see some stability in the naira-to-dollar exchange rate, which has had a positive impact. There is now less fluctuation, and this has brought a degree of predictability to the market
“For those of us in the business sector, this is a welcome development, as it allows us to plan more effectively. Looking ahead, as market conditions continue to improve, we can expect to see a more favourable exchange rate,” he said
Dangote also commended the Federal Government for establishing a One-Stop Shop (OSS) initiative to improve coordination among regulatory and security agencies, thereby facilitating smoother operations under the Naira-for-Crude programme. He emphasised that the OSS had significantly reduced bottlenecks and allowed for real-time resolution of issues, in line with President Tinubu’s directive.
“The administration of His Excellency, President Bola Ahmed Tinubu, has established a One-Stop Shop that is working diligently. I am confident that the government intends to replicate this model in other sectors, particularly to streamline the clearing of goods—an essential area of business.
“At present, we are not experiencing any significant issues with loading. All the relevant agencies have been brought together under one roof, including the Navy, NIMASA, NPA, and others. This coordination has greatly improved efficiency. Whenever issues arise, they are promptly addressed through the leadership of the Chairman of the Technical Committee, Mr Zack Adedeji, who is doing an excellent job.”
The business magnate further disclosed that the refinery is set to launch a new initiative involving the deployment of 4,000 CNG (Compressed Natural Gas) tankers to distribute petroleum products more efficiently and in an environmentally friendly manner. He explained that the move would reduce logistics costs and ensure Nigerians receive products at more affordable prices, closer to their locations.
Meanwhile, the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, reaffirmed the FG’s commitment to promoting domestic investment and addressing the challenges faced by local investors.
“We are here today as a result of President Bola Ahmed Tinubu’s clear focus on domestic investment. As you are aware, we held a Domestic Investment Summit on Monday—the first of its kind. Today, we are gathered at the invitation of Alhaji Aliko Dangote, a leading investor who has committed an extraordinary amount of resources to Nigeria’s development,” she said.
Dr Oduwole hailed the refinery as a landmark project, noting that even governments shy away from initiatives of such scale. She said the administration is demonstrating real support for domestic investors by taking practical steps to reduce constraints and foster growth.
“He has taken on a project of such magnitude—one that even governments often hesitate to undertake. As an administration, we do not take this lightly. We are here to show our full support for him, both as a foremost domestic investor and as a prominent champion of African investment on the global stage.
“Our support is not limited to words; we are demonstrating our commitment through action. We are encouraging other domestic investors by recognising and backing those, like Alhaji Dangote, who put Nigeria first. This is not mere rhetoric—our time, attention, and effort are fully aligned with our priorities.
“That is why we have dedicated an entire day to immersing ourselves in this project—the Dangote Refinery.”
She added that the Federal Government is continuously engaging with stakeholders and reviewing regulatory and legislative frameworks to reduce business costs and stimulate industrial development.
Photo Caption
L-R, Chief Executive Officer, Dangote Fertiliser Limited, Vishwajit Sinha; Chief Executive Officer, Independent Project Monitoring Company Limited (IPMC), Robert Ade-Odiachi; President / CE, Dangote Industries Ltd, Aliko Dangote; Minister of Industry, Trade, and Investment, Dr. Jumoke Oduwole; Vice President, Oil and Gas, Dangote Industries Limited, Devakumar Edwin, during the Minister’s visit to Dangote Petroleum Refinery and Fertiliser Plant in Ibeju Lekki Lagos on Saturday July 26, 2025.
NEWS
UNIZIK Professor Suspended as University Investigates Alleged Sexual Assault
The management of Nnamdi Azikiwe University (UNIZIK), Awka, Anambra State, has suspended a professor in the Department of Chinese Studies, Prof. Ifeanyi Odinye, for three months over an alleged sexual assault involving a female student.
The suspension, approved by the Vice-Chancellor, Prof. Ugochukwu Anyaehie, followed the preliminary report of a six-member special investigative panel set up to examine the circumstances surrounding the incident.
SEE ALSO: Horrific Abuse Exposed: London Imam Jailed For 21 Sexual Offenses
The university said Odinye would serve the suspension with half salary in the first instance.
The development follows an August 15 incident in which the professor was allegedly assaulted and stripped by some students after he was accused of attempting to sexually molest a female student in his office.
A video of the incident subsequently went viral on social media. In the footage, the female student was seen leaving the lecturer’s office with his clothes while alleging that he had attempted to sexually assault her.
The lecturer was later seen being pursued and assaulted by individuals believed to be students before leaving the university premises in a tricycle.
According to the university’s Public Relations Officer, Mr. Aloysius Attah, the investigative panel chaired by Prof. Emmanuel Obidimma, Provost of the College of Postgraduate Studies, has so far addressed two of its five terms of reference.
Attah said the panel’s preliminary report indicted Odinye for allegedly violating Section 5.8.3 of the university’s General and Academic Regulations.
He explained that the professor allegedly failed to properly record and submit an examination misconduct case involving the student, Chikamso Favour Okechukwu, using the prescribed examination misconduct report form.
The lecturer was also accused of returning an offending phone recovered during the examination to the student on the same day, allegedly in violation of Section 5.8.1(iv) of the university’s regulations.
Meanwhile, the student involved in the matter has been referred to the university’s Student Examination Misconduct Committee.
The Vice-Chancellor has extended the investigative panel’s assignment by another two weeks to enable it to complete its remaining terms of reference.
According to Attah, the outstanding issues include determining whether sexual harassment occurred, identifying those involved in the assault on Odinye and establishing whether there was any incident of kidnapping.
“The committee members are expected to conclude their findings with recommendations to the Vice Chancellor before a final verdict is initiated, including possible criminal prosecution,” the university spokesman said.
Attah added that the Vice-Chancellor had reiterated his administration’s commitment to the welfare of staff and students, while maintaining a zero-tolerance policy towards unethical practices.
The university also stressed that transparency and fair hearing would be upheld throughout the investigation as the panel works towards its final recommendations.
NEWS
2027: ‘You Can’t Win by Shrinking Your Support Base’ — Onoh Tells Tinubu
Former South-East spokesman of the Tinubu/Shettima Presidential Campaign Council, Denge Josef Onoh, has urged President Bola Tinubu to review the composition of the All Progressives Congress (APC) Presidential Campaign Council ahead of the 2027 election.
Onoh made the call in a memorandum addressed to Tinubu, expressing concerns over the 223-member campaign council and what he described as inadequate representation of key APC stakeholders and loyalists from the South-East.
He warned that the composition of the council could undermine the party’s mobilisation efforts in the region ahead of the presidential election.
ALSO READ: APC Denies Withdrawing Tinubu’s 2027 Campaign Council List
According to Onoh, the structure used for the 2023 presidential campaign was more inclusive and provided opportunities for regional stakeholders and grassroots mobilisers who played roles in the party’s campaign.
He alleged that the latest campaign structure failed to adequately accommodate some longstanding APC supporters in the South-East.
Onoh also questioned the region’s representation in key operational, policy and management directorates of the campaign council, arguing that broader inclusion would give stakeholders a greater sense of ownership of Tinubu’s re-election bid.
The former campaign spokesman further criticised the council’s media structure, saying the campaign required experienced political communicators capable of effectively responding to the opposition.
“With the strict exception of only two persons who possess genuine fire and strategic depth, the current media team completely lacks the political tenacity and intellectual grit to face the opposition’s sophisticated PR machinery,” Onoh said.
He warned that leaving experienced campaigners and media operatives out of the structure could create vulnerabilities for the APC and provide opposition parties with an opportunity to gain political advantage.
Onoh therefore called on Tinubu to order a comprehensive review of the 223-member campaign council, with particular attention to geopolitical balance and the inclusion of established party leaders and grassroots mobilisers.
He also urged the President to strengthen the campaign’s media team by bringing in politically experienced and resilient communicators.
Onoh further appealed to Tinubu to ensure that APC stakeholders across the country felt a sense of ownership of the re-election campaign.
“Mr. President, do not let the short-sighted selfishness of a few handlers ruin the future of your administration. You cannot win a national re-election by shrinking your support base and telling an entire region they have no stake in your campaign,” he said.
He maintained that broader representation and effective coordination would be crucial to the APC’s efforts to retain the presidency in 2027.
NEWS
C’River: Man Takes Own Life Inside Obudu Market, Community Demands N300,000 Cleansing Fee
A 56-year-old shoemaker identified simply as Anthony has reportedly died by suicide inside the Obudu Main Market in Obudu Local Government Area of Cross River State.
The incident occurred in the early hours of Sunday, August 23, 2026.
SEE MORE: Forced Marriage Gone Wrong — Borno Police Investigate Alleged Suicide Case
Anthony, who was said to be from Bekwarra Local Government Area, was found dead inside the market, prompting community leaders to shut down the facility.
The leaders reportedly demanded N300,000 from the deceased’s family for cleansing rites, insisting that the circumstances surrounding his death were considered sacrilegious.
Confirming the incident, the Cross River State Police Public Relations Officer, ASP Sunday Eitokpah, said the deceased was a 56-year-old man simply identified as Anthony.
Eitokpah said the police had commenced an investigation to establish the circumstances surrounding the death and determine whether foul play was involved.
He said, “Police operatives visited the scene, documented the area, and recovered the body to the mortuary. The circumstances surrounding the death are yet to be established.
“Further updates will be provided as the investigation progresses.”
The police spokesman’s statement indicates that the exact circumstances of Anthony’s death remain under investigation.





