Business
EU to grant Niger Republic €542 million over seven years
BRUSSELS – Food security, the social sectors, road infrastructure and domestic security and stability will be the four sectors on which EU development aid to Niger will focus for the period 2014-2020.
The announcement was made by Andris Piebalgs, the EU Commissioner for Development, during his visit today (6 November) to Niamey (Niger). €542 million will be granted to the country over the next seven years, subject to final approval by the Council and the European Parliament.
This visit to Niger is part of the joint regional mission to Mali, Burkina Faso, Niger and Chad made by the Commissioner from 5 to 7 November 2013 with UN Secretary-General Ban Ki-Moon, the Chairperson of the African Union Commission, Dlamini Zuma, the President of the World Bank, Jim Yong Kim, the President of the African Development Bank, Donald Kaberuka, and the European Union Special Representative for the Sahel, Michel Reveyrand de Menthon.
European Commissioner Andris Piebalgs said: ‘The European Union’s actions in Niger reflect Niger’s priorities in the fields of governance, improving transport infrastructure between the different regions of the country, and support for the security of goods and persons, food security and sustainable and equitable growth.’
Commissioner Piebalgs’ visit will demonstrate the European Union’s commitment to the principles of coherence and coordination of aid in the framework of the strategies for the Sahel drawn up by the EU, the United Nations and the World Bank which underscore the importance of the link between security and development in the region.
During this visit, Commissioner Piebalgs will meet the President of Niger, Mahamadou Issoufou, who has confirmed that he will take part in the European Development Days on 26-27 November in Brussels. Mr Piebalgs will also sign four financing agreements and an addendum to an existing project totalling €181 million. These programmes directly address Niger’s multiple challenges, namely security, development and food security (more information in ‘Background’).
Niger faces multiple challenges affecting the whole of the Sahel-Saharan region: the continuing instability in Libya, Mali and Nigeria, the terrorist threat, and also the movement of weapons and trafficking of all kinds. To reinforce the EU’s commitment in the area of security, a civilian mission under the Common Security and Defence Policy (EUCAP SAHEL Niger) was launched in August 2012. This mission will help to strengthen the capacities of the Nigerien security forces and assist the country in addressing organised crime and terrorism more effectively.
In Niger, over €100 million of budgetary support have been granted since 2008 to enhance the authorities’ capacity to provide social services. Between 2008 and 2012, primary school completion rates increased from 48% to 55.8%, and infant mortality was halved to 63 per 1000 in 2010. 600 km of roads have been or are being renovated, opening up certain regions for the delivery of healthcare and education as well as boosting trade.
EU support has contributed to overall improvements in health and education. For example, the halving of infant mortality to 63 per 1000 in 2010 places Niger on track to achieving the target of a two-thirds reduction in infant mortality by 2015 under the Millennium Development Goals (MDGs).
New agreements signed during the Commissioner’s visit
The agreements concern financing of €181 million for the following projects:
For the Zinder-Magaria-Nigerian border road, €19.5 million to upgrade a dilapidated 111 km stretch of this route, which is important for trade in the region;
For rehabilitation of roads and tracks in the Agadez, Tahoua and Tillabéry regions, €44.5 million to upgrade 145 km of asphalted roads and 260 km of rural roads in these three Saharan regions of Niger;
For the Northern Niger Local Development Project, €25.6 million for stabilisation and local development. This goal will be achieved by strengthening the capacities of public and private players, improving food security through income from agricultural and pastoral activities, increasing the provision of social services delivering healthcare and, finally, offering guidance and support to young people who have received vocational and technical training in order to help them find employment or self-employment;
€85 million for budgetary support to increase health, education and vocational training indicators;
An addendum of €6.5 million to the Support Programme for Justice and the Rule of Law (PAJED-2) will contribute to security by strengthening the capacities to fight organised crime and modernising the intervention frameworks for priority policies.
Business
Dangote Refinery’s Expansion to 1.4m bpd Creates Jobs for 95,000 Skilled Workers
President of the Dangote Group, Aliko Dangote, has announced that the expansion of the Dangote Refinery to a production capacity of 1.4 million barrels per day will generate employment for no fewer than 95,000 skilled workers at peak construction.
Dangote disclosed this at the weekend in Lagos during his induction as an Honorary Fellow of the Nigerian Academy of Engineering (NAE), describing the project as a major milestone in Nigeria’s industrial transformation.
According to him, the expansion underscores the Group’s continued commitment to engineering excellence, job creation, and sustainable economic growth.
“This award is particularly meaningful because it recognizes what we are doing in the industry, especially our commitment to employing engineers and skilled professionals. At the peak of construction for this expansion, we expect to have about 95,000 skilled workers on site, and we will continue to grow,” Dangote said.
Upon completion, the expanded Dangote Refinery will surpass the Jamnagar Refinery in India to become the largest refinery in the world, significantly strengthening Nigeria’s refining capacity.
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Dangote noted that the project would rely heavily on Nigerian expertise, creating substantial opportunities for engineers, technicians, artisans, and other skilled professionals. He added that the expansion reflects the Group’s long-term vision for industrialization in Nigeria and across Africa.
Beyond employment generation, the refinery expansion is expected to stimulate local manufacturing, enhance technology transfer, and deepen Nigeria’s oil and gas value chain. It will also improve fuel security, reduce dependence on imported petroleum products, and deliver significant foreign exchange savings for the Nigerian economy.
“The scale of this expansion reflects our confidence in Nigerian capacity and our belief that Africa has the ability to build world-class infrastructure that meets global standards,” Dangote stated.
In his remarks, President of the Nigerian Academy of Engineering, Engr. Prof. Rahamon Bello, described the honour as well deserved, noting that Dangote’s impact transcends physical infrastructure.
“What makes this recognition fitting is not only what has been built, but what has been inspired. Alhaji Aliko Dangote’s journey continues to motivate a new generation of engineers, entrepreneurs, and innovators to think boldly, act decisively, and believe in the immense possibilities within our continent,” Bello said.
Photo Caption
From Left: GED Oil & Gas, Dangote Industries Limited, Fatima Aliko Dangote; GED Operations, Dangote Sugar Refinery Plc, Mariya Aliko Dangote; President/CE, Dangote Industries Limited, Aliko Dangote; President, The Nigerian Academy of Engineering, Engr. Prof. Rahamon Bello, at The Nigerian Academy of Engineering Induction of Aliko Dangote as Honorary Fellow in Lagos on Friday, April 24, 2026.
Business
Airlines Threaten Shutdown over Skyrocketing Fuel Price
Alleging unbearable and unsustainable aviation fuel prices, domestic operators have set Thursday, April 30, 2026 as the shutdown date of local flights in Nigeria.
According to industry insiders, the airlines had engaged both the Federal Government and oil marketers without a breakthrough, and appeared left with no option but to ground flights from Thursday.
The looming shutdown comes after several complaints by operators, who have watched the price of Jet A1 surge by over 300 per cent compared to February levels, pushing operating costs to the brink.
Passengers, many of whom rely on domestic flights for business and urgent travel, now face uncertainty.
In a bid to avert the crisis, the Minister of Aviation and Aerospace Development, Festus Keyamo, convened a meeting with airline operators and fuel marketers in Abuja last week. However, findings indicate that the tripartite talks ended in a deadlock, with operators unwilling to shift their stance unless decisive action is taken.
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At the end of the two-day meeting, the minister announced a 30 percent reduction in aviation-related taxes as part of efforts to ease the burden on airlines. While the gesture was acknowledged, operators insist it falls short of addressing the root problem.
On the first day of the meeting, Vice President of the Airline Operators of Nigeria, Allen Onyema, welcomed the government’s intervention but maintained that fuel marketers must account for the sharp rise in prices.
Onyema said, “This government has helped the industry more than anyone since 1999, and the President is even willing to waive 30 percent of the debts airlines are owing.
“But the truth is that the marketers must be brought to book to explain how they came about the 300 percent increase when even Dangote is surprised because what he is selling to us is still the cheapest.”
At the end of the second day, Onyema issued a stark warning, giving a seven-day ultimatum from midnight last Thursday for action to be taken. “Since the advent of the US-Iran war, there has been a spike in aviation fuel in Nigeria, which we, the Airline Operators of Nigeria, feel is not proportionate to the hike internationally.
“We expect that in the next 48 hours something drastic should be done because no airline will fly in this country in the next seven days if nothing is done, not because they don’t want to fly, but because fuel may not be available to us at sustainable pricing.”
Providing further insight into the financial strain, Onyema disclosed that fuel prices have skyrocketed from about N900 per litre before the crisis to between N2,700 and N2,900, with some marketers selling as high as N3,500.
“Before the crisis, we were buying fuel at about N900 per litre. Now it has risen to between N2,700 and N2,900, with some selling as high as N3,300 to N3,500,” he said.
According to him, airlines are now operating primarily to service fuel costs. “All the airlines in Nigeria have been flying to pay fuel marketers only, and you don’t want to compromise safety,” he added.
Despite speculations about indebtedness, senior airline officials who spoke to our correspondent in confidence on Sunday, due to the sensitive nature of the matter, insisted that operators are up to date with payments to key aviation agencies, including the Federal Airports Authority of Nigeria (FAAN) and the Nigerian Airspace Management Agency (NAMA).
Consequently, the Airline Operators of Nigeria (AON) have formally requested additional relief measures from the government.
In the letter dated April 21 and signed by AON President Abdulmunaf Sarina, the group called for the immediate suspension of aviation taxes, fees, and charges for at least six months.
The operators argued that the unprecedented rise in fuel costs threatens not only airline operations but also jobs and the stability of the aviation sector. Among other demands, the AON proposed the introduction of a non-taxable fuel surcharge, a standard practice in international aviation to help airlines manage rising costs.
They also urged the government to direct oil marketers to issue credit notes to airlines affected by what they described as excessive and arbitrary price hikes. In addition, the group called for the establishment of an industry tax reform committee to review existing charges, assess their relevance, and align them with global standards.
As the deadline approaches, uncertainty hangs over Nigeria’s aviation sector. Another airline executive, who spoke anonymously on Sunday because he was not authorised to comment publicly, warned that the shutdown threat remains real. “If nothing is done, no airline will be flying by Thursday,” he said.
Business
Dangote Leads East Africa’s Industrial Revolution
The ship of industrial revolution is about to berth in East Africa, with the continent’s leading industrialist, Alhaji Aliko Dangote, making clear his intention to take the driver’s seat on investments conceived to lead the continent into energy security and industrial revolution.
To this end, Alhaji Dangote whose company operates the largest petroleum refinery on the continent has offered to lead a consortium to build a major crude oil refinery in East Africa, as governments across the region push for greater energy self-sufficiency following supply disruptions linked to the Iran conflict.
The cost profile of the proposed East Africa Refinery was not disclosed but the proposed facility, to be located in the Tanzanian port city of Tanga, is expected to mirror the scale and capacity of Dangote’s flagship refinery in Lagos, which processes about 650,000 barrels per day.
The project is being discussed as a joint regional initiative, with crude supplies expected from Democratic Republic of Congo, Kenya, South Sudan and Uganda.
Kenyan President William Ruto stated at a conference in London that the refinery would serve multiple East African economies, many of which remain heavily dependent on imported refined petroleum products.
The region currently relies largely on supplies from the Middle East, leaving it exposed to global price volatility and logistical disruptions, including those caused by instability around the Strait of Hormuz.
Dangote said he would take the lead in delivering the project if participating governments reached agreement, with a proposed construction timeline of four to five years.
The move reflects a broader shift across Africa toward building domestic refining capacity after recent geopolitical shocks exposed vulnerabilities in fuel supply chains.
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In Nigeria, Dangote’s refinery has already reshaped the domestic energy landscape since operations began in 2024, significantly reducing the country’s long-standing dependence on imported fuel despite being Africa’s largest crude producer.
The facility has also positioned the Dangote Group as a central player in regional energy markets.
The proposed East African refinery is expected to complement emerging upstream production in the region, particularly in Uganda, which is preparing to begin commercial oil output. Kampala has also announced separate plans for a smaller refinery project in partnership with a United Arab Emirates-based investor.
Beyond refining, Dangote indicated plans to expand industrial investments across the continent, including the development of around 20 fertilizer blending plants by 2028 to support agricultural productivity and reduce import dependence.
He also signaled that a future listing of the Nigerian refinery could be opened to African investors, encouraging broader continental participation.
According to Dangote, the expansion strategy is aimed at building integrated industrial capacity that keeps more value within Africa while reducing exposure to external supply shocks.
Analysts say the success of the Tanga project will depend on regional coordination, regulatory alignment and financing, but note that it represents one of the most ambitious attempts yet to create a shared energy infrastructure serving multiple African economies.





