Business
Dangote Feeds 50,000 In Kebbi, Gombe States
In continuation of its 2025 Annual National Food Intervention Programme, the Aliko Dangote Foundation (ADF), has distributed 50,000 bags of rice to poor and vulnerable families in Kebbi and Gombe States.
Flagging off the distribution of the intervention in Aliero Local Government Area of Kebbi State on Thursday (yesterday), the Kebbi State Commissioner for Special Duties, Alh Zayyanu Aliero, said the gesture was in line with the core values of the Foundation’s founder, Alh Aliko Dangote.
“This is commendable gesture, especially as it will improve the living conditions of the poor and most vulnerable people in the state.
“The distribution is in collaboration between the Foundation and the state government to ensure that the food reaches the most vulnerable individuals in each of the 21 LGAs of the state,” he said.
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The commissioner lauded the ADF for the kind gesture, noting that it was the second edition of the foundation’s gesture to the vulnerable people in the state.
He disclosed that, “Out of the 25,000 bags of the rice allotted for the 21 LGAs of the state, 20 LGAs would get 1,000 each while Birnin Kebbi LGA, which is the highest in population, will get 3,000 bags and the other vulnerable people will get 1,000 bags of the rice.
“The distribution formula we have adopted for all the LGAs is, 150 bags for persons living with disability, 100 for deaf, 100 for blind, 20 for leper, 10 for albino people; 120 for imams, 100 for traditional rulers, divorcees 100, widows 150, Dan-Agaji group 50, and other vulnerable 100,” he noted.
Zayyanu Aliero explained that the partnership had helped the government to reach vulnerable residents efficiently, through community structures that understood local needs.
The commissioner revealed that Gov. Nasir Idris, “has introduced various initiatives to mitigate the economic challenges facing the people in recent times in the state.”
On their part, the Chairman of Aliero and Gwandu LGAs, Alhaji Abubakar Jadi, represented by his Vice Alhaji Aliyu Abubakar, and Alhaji Atiku Ahmad-Mandiya, lauded the foundation and the efforts of the state government for providing succour to the needies and the less- privileged members of the LGAs in the state.
They urged the beneficiaries to continue praying for the state and the nation, saying Gov. Nasir Idris’ administration remained committed to supporting vulnerable communities.
On behalf of the beneficiaries, Alhaji Anas Gwandu, thanked Alhaji Aliko Dangote for providing the food item, while praising him for thinking it wise to intervene in the lives of the beneficiaries.
Anas appealed to other well-to-do individuals to emulate Dangote by supporting those in need.
“As I am talking to you now, we have more than 600,000 people living with disabilities and they need special attention and assistance.
“The gesture as such will alleviate some of the challenges face by the poor, widows, divorcees, and most vulnerable people in the society, hence they need for all our wealthy individuals to emulate the foundation’s gesture,” he urged.
Meanwhile, in Gombe State, the donation was handed over to the state government, through Alhaji Abubakar Inuwa Kari, the Chief of Staff to Governor Muhammadu Inuwa Yahaya, to oversee its distribution to the targeted beneficiaries, which includes widows, orphans, and other disadvantaged groups.
At the flag-off ceremony, Governor Inuwa Yahaya, represented by the Chief of Staff, Government House, Alh. Abubakar Inuwa Kari, expressed profound appreciation to the Aliko Dangote Foundation and the Chairman of the Dangote Group, Alh. Aliko Dangote, for his continued generosity in assisting the needy, particularly in Gombe State.
He noted that the foundation’s intervention is in line with his administration’s commitment to supporting the poor and vulnerable, especially during the sacred month of Ramadan.
He further commended the timeliness of the Aliko Dangote Foundation’s donation, emphasising that the distribution would follow the existing framework used in previous exercises to ensure equitable reach.
“When the commodities were handed over to the state government, we already had an established distribution structure with standing committees that had successfully handled previous exercises,” he noted.
Governor Yahaya directed that the rice be distributed using the same formula, which has consistently ensured efficiency and transparency in reaching the intended beneficiaries.
He urged the committee members to ensure that this round of distribution benefits a different set of vulnerable persons from those who received aid in previous exercises.
“Let this palliative go to a different set of beneficiaries so that more people can also benefit from this gesture,” he instructed.
He further charged committee members across the LGAs and wards to uphold transparency and accountability in executing their duties, while calling on the general public to continue praying for the progress and prosperity of Gombe State and the nation.
Earlier, the Executive Secretary of the Gombe State Emergency Management Agency (SEMA), Alhaji Abdullahi Haruna, reaffirmed that all donated food items would be distributed directly to the intended beneficiaries.
On behalf of the Chairmen of the 11 Local Government Areas of the state, Chairman of Gombe Local Government, Barr. Sani Ahmad Haruna, expressed appreciation to the Aliko Dangote Foundation for the continued support.
Barr. Sani Haruna assured that the successes recorded in previous Ramadan distribution exercises would be replicated, guaranteeing that the items reach those in need.
In their separate remarks, representatives of various beneficiary groups, including the Secretary of Jama’atu Nasril Islam (JNI) in Gombe State, Alhaji Saleh Damburam; Chairman of the Christian Association of Nigeria (CAN), Rev. Joseph Shinga ; the Acting Chairman of the Association of Persons with Disabilities (PWDs), Abdullahi A. Bello; and representatives of civil society organisations, lauded the Dangote Foundation for the initiative.
They appreciated the foundation for recognising the targeted groups and coming to their aids, especially at this critical time.
“We are forwarding our appreciation to the Dangote Foundation, who in their wisdom donated these rice to be distributed to the people of Gombe state, particularly those in dire need,” Alhaji Saleh Danburam, the state JNI secretary stated.
Also, Chairman of the state chapter of CAN, Joseph Shinga said, “I wish to express our deepest gratitude to the Aliko Dangote Foundation for extending this gesture to our people. On behalf of CAN, the youth wing and the ‘Zumuntan Mata we thank you all who sat down and brought out the sharing formula.”
A representative of the Gombe Network of Civil Society (GONET), Ibrahim Yusuf (3000) stated that the donation comes at a crucial time when the targeted beneficiaries are grappling with food and economic hardship.
The event featured the symbolic allocation of palliatives to six organizations, namely: JNI, CAN, FOMWAN, PWDs, CSOs, and Hisbah alongside the formal handing over to state and local government committees for onward distribution across LGAs, wards, and polling units.
The Nigerian equities market closed Friday’s trading session on a negative note, with the All-Share Index declining by 0.38 per cent to close at 252,113.41 points.
According to the Nigerian Exchange Group’s Daily Market Snapshot for Friday, September 25, 2026, equity market capitalisation stood at ₦163.65 trillion, representing a 0.01 per cent decline.
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The fixed-income market capitalisation also fell by 0.01 per cent to ₦58.74 trillion, while the market capitalisation of Exchange-Traded Products (ETPs) declined by 2.15 per cent to ₦57.77 billion.
Meanwhile, the top five gainers were led by a stock that rose 10 per cent to close at ₦17.60, followed by CMFC, which gained 9.76 per cent to ₦3.26. Briscoe rose 9.74 per cent to ₦10.70, ABC Transport gained 9.68 per cent to ₦5.10, while Royal Exchange increased by 9.09 per cent to ₦1.08.
The figures were contained in the NGX Daily Market Snapshot released at the close of trading on Friday.
More than 100 Chinese original equipment manufacturers are being wooed for investment, technology and manufacturing capacity to aid growth in Nigeria’s oil and gas industry.
The Nigerian Content Development and Monitoring Board (NCDMB) made the disclosure through its Director, Project Certification and Authorisation Division and Senior Technical Adviser to the Executive Secretary, Austin Uzoka.
This was detailed in a statement issued by the Board which stated that Uzoka was representing the Executive Secretary, Felix Ogbe, at the 15th China Shale Oil and Gas Summit in Chengdu, China, where he made the disclosure.
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According to Ogbe, the board was seeking to move the relationship between Nigerian oil and gas operators and Chinese manufacturers beyond the conventional buyer-seller model to investment, manufacturing, technology transfer and integration into global supply chains.
He said the Nigerian Oil and Gas Content Development Act (NOGCDA) guaranteed patronage for oil and gas equipment manufacturing facilities established in Nigeria, adding that such investments could also provide access to opportunities across the Gulf of Guinea.
“We are looking beyond the traditional buyer-seller relationship. What can we build together? We want Chinese companies to see Nigeria not simply as a market for their products, but as a strategic investment destination, a platform for manufacturing and technology development, and a gateway to opportunities across the wider African market,” he said.
He highlighted the Nigerian Oil and Gas Park Scheme (NOGPS) as a platform for Chinese original equipment manufacturers to establish manufacturing, assembly and service operations in Nigeria.
He said the scheme would provide opportunities for technology transfer, technical arrangements and the integration of Nigerian businesses into the supply chains of Chinese companies.
The ES also identified China’s capabilities in manufacturing, engineering, technology and energy infrastructure as areas that could support Nigeria’s industrial development.
“China has developed tremendous capabilities in manufacturing, engineering, technology and energy infrastructure. We want to explore how those capabilities can be connected with the opportunities that exist in Nigeria, for mutual benefits,” he added.
Nigeria’s local content policy had evolved from increasing Nigerian participation in oil and gas projects to a broader industrial development agenda focused on manufacturing, technology ownership and global competitiveness, he pointed out.
“Nigeria’s local content journey has evolved significantly since the local content law was enacted in 2010. What began primarily as an effort to increase Nigerian participation in the oil and gas industry has developed into a broader industrial development agenda focused on building capabilities, deepening manufacturing, promoting technology ownership and positioning Nigerian businesses to compete within regional and global markets,” he observed.
The engagement formed part of Nigeria’s participation in the 15th China Shale Oil and Gas Summit, held from September 20 to 23 at the Chengdu Century City International Conference Centre.
The summit, themed ‘Empowering Efficient and Green Development via Intelligent Technologies, Innovating to Lead the Shale Oil and Gas Revolution’, provided a platform for Nigerian oil and gas stakeholders to showcase investment opportunities in manufacturing, technology and oil and gas services.
According to the NCDMB, several Chinese OEMs expressed interest in exploring business relationships with Nigerian companies and participating in the country’s growing oil and gas manufacturing ecosystem.
In her closing remarks, the General Manager, Midstream, PCAD, Ms Lekoma Phimia, urged stakeholders to build on the connections established at the session to develop commercially viable and sustainable business relationships.
The NCDMB also used the exhibition to provide prospective investors and industry players with information on Nigeria’s oil and gas sector, local content opportunities and avenues for establishing operations in the country.
The board said the Chengdu engagement was part of efforts to expand Nigeria’s international industrial connections and advance the objectives of the Nigerian Oil and Gas Industry Content Development Act (NOGICDA).
It added that its focus was to move the local content agenda from participation to capability, manufacturing, and ultimately technology ownership and regional competitiveness.
NIPCO Group has announced plans to develop a Floating Liquefied Natural Gas (FLNG) project in Nigeria, with the proposed development estimated to require more than $3bn in investment.
This statement was made at a press conference on Thursday by the Managing Director of NIPCO Group, Nagendra Verma, who said the proposed project would have an envisaged LNG production capacity of approximately three million tonnes per annum, subject to the outcome of feasibility studies, regulatory approvals and a final investment decision.
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Verma said the project, which would mark NIPCO’s entry into the Liquefied Natural Gas (LNG) sector, was being considered for locations in the Escravos area of Delta State and the Akwa Ibom region.
“This proposed development is envisaged to comprise an FLNG facility along with associated marine and export infrastructure with the potential to serve both the international LNG market and growing domestic LNG demand in Nigeria. The proposed project is presently envisaged to produce LNG unified LNG of approximately 3 million L per annum, 3 million metric tons per annum. The proposed development is expected to represent a significant investment currently estimated in excess of $3bn.
“The final location shall be determined subsequent to the ongoing feasibility study. We are looking at strategic locations that will facilitate access to upstream gas resources, LNG processing, marine transportation and both international and domestic markets,” he said.
According to him, NIPCO had been evaluating the proposed FLNG project for the past six to nine months and was currently undertaking preliminary technical, commercial and feasibility assessments.
“We are considering various development concepts, technology solutions, financing structures and commercial options with a view to establishing a technically robust and commercially sustainable project,” Verma said.
He said the proposed development would comprise an FLNG facility alongside associated marine and export infrastructure, with the potential to serve international LNG markets as well as Nigeria’s growing domestic gas demand.
“The project is presently envisaged to have an LNG production capacity of approximately three million tonnes per annum.
“However, this remains subject to the outcome of the ongoing feasibility and technical studies, project economics, regulatory approvals and final investment decisions,” he said.
Verma said NIPCO was also evaluating the shipping and logistics infrastructure required to support both export and domestic LNG supply.
The Managing Director said the ongoing assessment covers upstream gas supply and reserves, FLNG technology and configuration, LNG production capacity, marine and export infrastructure, domestic LNG supply opportunities, shipping and logistics requirements, project economics and financing structure.
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