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Grenada, St. Kitts PMs, Nigeria’s Finance, Trade Ministers, Gov, Others Laud Dangote Industries at 2025 IATF

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Prominent leaders including the Prime Minister of Grenada, Dickon Mitchell; the Prime Minister of Saint Kitts and Nevis, Dr Terrance Drew; Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun; Minister of Industry, Trade and Investment, Dr Jumoke Oduwole; and the Governor of Zamfara State, Dauda Lawal, were among the personalities who commended the socio-economic impact of Dangote Industries Limited’s investment across Africa.

They gave the commendation at the ongoing 2025 Intra African Trade Fair (IATF) holding at Algiers, capital of Algeria.

It was gathered that the Dangote Group exhibition stand, turned out to be one of the most visited at the continent’s leading trade and investment forum with a vast of inquiries centred on polypropylene (PP).]

The PP is a key product of the Dangote Petroleum Refinery, Biztellers can report. Polypropylene is a versatile thermoplastic polymer used in a wide variety of products, ranging from food containers to automobile parts. It is valued for its strength, low weight, and resistance to heat and chemicals.

The Grenada and St. Kitts and Nevis Prime Ministers, Nigeria’s two ministers and the Zamfara State governor, who led separate delegations to the Dangote stand on Friday, commended the far-reaching impact of the Dangote Group in its various investments in Nigeria and Africa, which have boosted economic development across the continent. They were received by Engr. Mansur Ahmed, Special Adviser to, and Representative of, the President of Dangote Group, Aliko Dangote, and Group Head, Commercial Foods, Dangote Industries Limited, Garba EL-Suleiman, and other key executives of Dangote Industries.

As a Premier Partner of the fourth edition of IATF2025, Dangote Group is showcasing its diverse operations spanning cement, fertilisers, petrochemicals, refined petroleum products, sugar, salt, and logistics. The company operates over 18 subsidiaries across sectors vital to Africa’s industrial and economic transformation.

According to information from the company, the Dangote Special Day is scheduled to take place on Saturday during the fair.

Organised by Afreximbank, in collaboration with the African Union Commission and the AfCFTA Secretariat, and hosted by the People’s Democratic Republic of Algeria, the biennial IATF seeks to boost intra-African trade and promote investment opportunities throughout the continent.

ALSO READ: Adeleke Urges Muslims to Renew Commitment to Osun’s Prosperity

This year’s edition features participation of production and service companies, alongside an investment and trade forum highlighting Africa’s potential for economic integration. During the week-long fair, more than 2,000 exhibitors, including businesses from the African continent and globally, are showcasing their goods and services to visitors and buyers while exploring opportunities and exchanging trade and market information, which is projected to translate into over US$44 billion in trade and investment deals.

According to the Group Chief Branding & Communications Officer, Dangote Industries Limited, Anthony Chiejina, “Our partnership with IATF is built on a shared vision of commitment to advancing Africa’s economic growth. Having experienced the tangible impact of IATF2023, we are proud to build on that momentum as a Premier Partner for IATF2025. This platform continues to drive meaningful connections and opportunities across the continent, and we look forward to contributing to its success once again in Algiers.”

The Fair is billed to run from 04 September to 10 September.

Photo Caption:

Zamfara State Governor, Dauda Lawal (2nd left), Group Head, Commercial Foods, Dangote Industries Limited, Garba EL-Suleiman (2nd right), and other Zamfara government officials during the governor’s visit to the Dangote stand at the ongoing 2025 Intra African Trade Fair at Algiers, Algeria…yesterday.

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Fire Ravages Gombe Technology Centre, N4m Property Lost

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A fire outbreak has ravaged part of the Technology Incubation Centre near the Police Headquarters in Gombe, destroying property estimated at N4 million.

The incident occurred on Friday and affected five shops at the centre, according to the Federal Fire Service, Gombe State Command.

The command said its prompt intervention prevented the fire from spreading further, enabling firefighters to save property estimated at N15 million.

SEE MORE:Tragedy Strikes Algeria: Orphanage Fire Kills 11, Injures 19

The Federal Fire Service said it received a distress call about the incident at approximately 10:14 a.m., after which a multipurpose water tender was immediately deployed to the scene.

The firefighting operation was led by ASF II Mukhtar Shehu, with IF Bernard serving as the driver.

The crew successfully contained the blaze and extinguished it using one medium jet of water.

According to the command, four of the five affected shops were successfully saved, limiting the extent of the damage.

The command’s Public Relations Officer, ASF MB Muazu, said firefighters carried out a thorough inspection after extinguishing the flames and confirmed that there was no immediate threat of re-ignition.

Muazu said, “The Federal Fire Service, Gombe State Command, has successfully contained a fire outbreak involving five shops at the Technology Incubation Centre, near the Police Headquarters, Gombe.”

He added, “Four of the five affected shops were successfully saved, with property estimated at N15m salvaged, while the estimated loss stood at approximately N4m.”

The fire appliance and crew returned to the station at about 11:09 a.m. after confirming that the fire had been completely extinguished.

The Federal Fire Service reaffirmed its commitment to responding promptly to emergencies and protecting lives and property.

Muazu urged members of the public to report fire incidents promptly and adhere to basic fire safety precautions to prevent avoidable losses.

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OPEC Hails Tinubu’s Reforms, Oil Output on Nigeria’s Economy

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2021 Global Oil Demand Growth Stands at 5.7 mb/d - OPEC

The Organisation of the Petroleum Exporting Countries (OPEC) has expressed the view that Nigeria’s positive economic outlook is predicated on the strategic reforms of the President Bola Ahmed Tinubu administration and improved crude oil output.

The views were expressed in its latest assessment of the Nigerian economy, in which it noted that the country’s economy expanded by 3.9 percent year-on-year in Q1, 2026.

It added that the growth rate was only slightly below the 4.0 percent recorded in the fourth quarter of 2025, a confirmation that economic growth remained close to recent highs.

ALSO READ: NMDPRA Licenses LCFE for Petroleum Liquids Trading

According to the oil producers’ organisation, the non-oil economy continued to provide the main support for growth, with activity driven by agriculture, manufacturing, construction, trade, finance and insurance.

It pointed out that higher oil output had also improved fiscal revenues, foreign exchange inflows and external buffers. “The economy expanded by 3.9 percent, year-on-year, in 1Q26, only slightly below the 4Q25 pace of 4.0 percent, confirming that growth remains close to recent highs,” OPEC stated.

The organisation said survey indicators pointed to continued, though moderating, momentum in private-sector activity. It noted that the Stanbic IBTC Bank Nigeria Purchasing Managers’ Index (PMI) eased to 52.5 in July, from 53.4 in June and 54.1 in May.

The July reading, it said, was the weakest since March but still signalled a sixth consecutive monthly improvement in private-sector conditions. The OPEC said firms again reported a marked increase in new orders, supported by improved customer demand, better pricing and new product launches.

It added that output and employment also rose modestly during the month. The organisation predicted that higher domestic refining capacity, particularly improved fuel supply from the Dangote Petroleum Refinery and Petrochemicals (DPRP), should further support energy availability and reduce some of the pressures associated with petroleum imports.

“Higher domestic refining capacity, including improved fuel supply from the Dangote refinery, should continue to support energy availability and reduce some import-related pressures,” OPEC stated.

The DPRP, with a nameplate capacity of 650,000 barrels per day, has become a major source of locally refined petroleum products as its operations have expanded.

The refinery’s increased supply of petrol and other refined products has also reduced some of the country’s reliance on imported petroleum products, in line with the impact highlighted by the OPEC.

On inflation, the OPEC said pressures had begun to soften, with headline inflation standing at 15.9 percent year-on-year in both June and May. “The July PMI pointed to softening input costs, despite higher fuel and raw material costs,” the organisation stated.

The report said the moderation in input costs was an indication that some cost pressures facing businesses had begun to ease, although higher fuel and raw material costs remained a challenge.

The OPEC said Nigeria’s near-term outlook remained positive, with oil production, reform progress, infrastructure investment and stronger business activity providing support.

“Overall, Nigeria’s near-term outlook remains positive, supported by oil production, progress on reforms, infrastructure investment, and stronger business activity,” it stated.

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State Police Bill: FG Extends Deadline for Nigerians to Submit Memoranda

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The Presidential Working Group on the National Policing Bill has extended the deadline for the submission of memoranda and position papers on the proposed legislation to Friday, August 21, 2026.

The extension, announced on Thursday, is aimed at giving Nigerians, institutions and other stakeholders more time to prepare and submit substantive contributions to the proposed reform of the country’s policing architecture.

SEE ALSO: Tinubu Pushes State Police, Sends Constitutional Amendment Bill to Reps

Chairman of the Working Group and Chief of Staff to President Bola Tinubu, Femi Gbajabiamila, said the additional time was necessary to ensure broad consultation and enable stakeholders to make well-considered and technically sound contributions.

“The Presidential Working Group is committed to ensuring that the process of developing the National Policing Bill benefits from broad consultation and the informed perspectives of Nigerians and relevant stakeholders.

“The proposed legislation is intended to provide the operational, administrative, institutional and funding framework necessary for an effective policing architecture that responds to Nigeria’s evolving security needs while providing appropriate safeguards for accountability, professionalism and the protection of citizens’ rights,” Gbajabiamila said.

The Working Group had initially set August 13 as the deadline for public submissions but has now shifted it to 5:00 p.m. WAT on August 21.

Gbajabiamila urged legal practitioners, civil society organisations, security sector professionals, state governments, professional bodies, academics, experts and other interested members of the public to take advantage of the extension.

“All submissions must be made on or before 5:00 p.m. WAT on Friday, August 21, 2026, exclusively through the official National Policing Bill portal, nationalpolicingbill.com,” he stated.

According to the Working Group, the proposed legislation will address critical areas including sustainable funding, command and control structures, recruitment and training standards, operational jurisdiction, inter-agency coordination, accountability mechanisms and safeguards against political interference or abuse.

Gbajabiamila said these issues make extensive stakeholder engagement essential to producing a policing framework that is effective, accountable, sustainable and responsive to the security needs of communities across the federation.

“The Working Group recognises that developing an effective policing framework requires careful consideration of critical issues, including sustainable funding, command and control structures, recruitment and training standards, operational jurisdiction, inter-agency coordination, accountability mechanisms and safeguards against political interference or abuse.

“These considerations underscore the importance of robust stakeholder engagement in developing a framework that is effective, accountable, sustainable and responsive to the peculiar security needs of communities across the Federation,” he said.

The Working Group, inaugurated by President Tinubu to develop the legal framework for the implementation of state police, is expected to present a final, implementation-ready draft of the National Policing Bill for onward legislative processing.

The proposed bill is being developed alongside the constitutional amendment process required to establish state police, with the legislation expected to provide the detailed operational framework for federal and state policing.

 

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