NEWS
Nigeria To Stop Fuel Imports By June – Dangote
Alike Dangote, Africa’s wealthiest individual and Chairman of the Dangote Group, has disclosed that Nigeria will cease gasoline imports next month due to the strategic initiatives of the Dangote Refinery.
Speaking at the Africa CEO Forum Annual Summit in Kigali, Dangote expressed optimism about revolutionizing Africa’s energy landscape.
Dangote emphasized the refinery’s capability to meet not only Nigeria’s gasoline demands but also those of West Africa for petrol and diesel, along with the continent’s aviation fuel requirements.
He said, “Right now, Nigeria has no cause to import anything apart from gasoline and by sometime in June, within the next four or five weeks, Nigeria shouldn’t import anything like gasoline; not one drop of a litre.”
Additionally, Dangote outlined the progress made by the oil company to ensure that Africa achieves self-sufficiency in the energy sector.
He said, “We have enough gasoline to give to at least the entire West Africa, diesel to give to West Africa and Central Africa. We have enough aviation fuel to give to the entire continent and also export some to Brazil and Mexico.
“Today, our polypropylene and our polyethene will meet the entire demand of Africa and we are doing base oil, which is like engine oil, we are doing linear benzyl, which is raw material to produce detergent. We have 1.4 billion people in the population, nobody is producing that in Africa.
“So, all the raw materials for our detergents are imported. We are producing that raw material to make Africa self-sufficient. As I said, give us three or a maximum of four years and Africa will not, I repeat, not import any more fertilizer from anywhere.
“We will make Africa self-sufficient in potash, phosphate, and urea, we are at three million tonnes and in the next twenty months, we will be at six million tonnes of urea which is the entire capacity of Egypt. We are getting there.”
Dangote further elaborated on the achievements of the company since the commissioning of the refinery in February.
“For some of us, despite the boom of the capital market of the US, you know, Google, Microsoft and the rest, we didn’t participate, we took all our money and invested in Africa.
“We had this dream, just about five years ago and we said we want to move from five billion (dollars) revenue to thirty billion revenue and we made it happen. It is possible and now we have made it happen and now we have finished our refinery.
“Our refinery is quite big, it is something that we believe that Africa needs. If you look at the whole continent, there are only two countries that don’t import petroleum products which is a tragedy. They are only Algeria and Libya. The rest are all importers.
“So, we need to change and make sure that we don’t just go and produce raw materials, we should also produce finished products and create jobs.
“One of the things we also need to know as Africans is that we produce raw materials and export them when you export raw materials and somebody now keeps importing things into your continent and dumping goods. what you are importing is poverty and exporting jobs. So, we have to change that narrative.
“We just commissioned in February and now we are producing jet fuel, we are producing diesel and by next month, we will be producing gasoline.
“What that would do is that we would be taking most of the African crude that is being produced and also be able to supply not only Nigeria, because our capacity is too big for Nigeria, but it would also supply West Africa, Central Africa and also South Africa.
“We have 650,000 barrels per day, 1 million tonnes of polypropylene, we have 590,000 carbon black, that is the raw materials ink, dyes and co. We are expanding more. This is the first phase and we are going out to the next phase which will start early next year,” he said.
International News
Tanzania in Mourning as President Samia Loses Husband
Tanzania is mourning following the death of Hafidh Ameir Hassan, husband of President Samia Suluhu Hassan, who died on Monday while receiving treatment at a hospital in Zanzibar.
The death of Tanzania’s First Gentleman was officially announced by Vice-President Deogratius Ndejembi, according to the BBC.
Ndejembi said Ameir had been suffering from a heart condition and died at about 8am local time at the Emilio Mzena Memorial Hospital in Zanzibar.
SEE ALSO: Tanzania Eyes Expanded Dangote Investments in Fertiliser, Energy, Infrastructure
He added that funeral arrangements were underway in Kizimkazi, a village on Zanzibar.
Ameir, an agricultural academic, largely kept a low public profile and rarely appeared alongside his wife at official events.
He became Tanzania’s first First Gentleman after Samia assumed the presidency in March 2021.
The couple married in 1978, before Samia entered national politics, and had four children — three sons and a daughter.
Their daughter, Wanu Hafidh Ameir, is a politician and serves in Zanzibar’s House of Representatives.
Ruto, AU mourn First Gentleman
Kenyan President William Ruto expressed his condolences to President Samia and her family following the death.
In a message posted on X on Monday, Ruto said, “I have received with deep sorrow the news of the passing of Hafidh Ameir Hassan, husband of Her Excellency Dr Samia Suluhu Hassan, President of the United Republic of Tanzania.”
He added, “President Samia has lost a lifelong companion, her children a beloved father, and Tanzania a distinguished son.”
Ruto further said, “Kenya stands with our Tanzanian brothers and sisters in this moment of grief,” while praying for the bereaved family.
The African Union Commission Chairperson, Mahmoud Ali Youssouf, also extended his condolences to President Samia, her family and the people of Tanzania.
In a statement issued on Monday, Youssouf said the AU conveyed its “deepest condolences” over the passing of Hafidh Ameir Hassan and wished the bereaved family “strength, courage and solace.”
The AU Chairperson also prayed for the peaceful repose of the deceased, concluding, “Inalilahi wainailehi rajiun.”
International News
US Fuel Crisis Deepens as Diesel Prices Hit Record High
The average price of diesel in the United States has climbed to a record high, adding to growing pressure on businesses and consumers as disruptions to fuel supplies continue amid the war involving the United States, Israel and Iran.
According to the American Automobile Association (AAA), diesel prices reached a new record on Monday, rising by about 30 cents from the average recorded just one week earlier.
SEE MORE: DPRP Slashes PMS to ₦1,165/Litre, Diesel to ₦1,570/Litre
Diesel is widely used in road transportation, agriculture and construction, making the sharp increase a major concern for truckers, farmers and other businesses that rely heavily on the fuel.
The latest surge comes as the ongoing conflict has disrupted tanker shipments through the Strait of Hormuz, contributing to tighter fuel supplies and higher energy costs.
Diesel prices have risen substantially compared with a year ago, when the national average stood at $3.71 per gallon.
The increase is putting additional financial pressure on farmers and trucking companies, which may eventually pass higher operating costs on to consumers.
The rise in diesel prices is also adding to broader concerns over the cost of living in the United States and could pose a political challenge for President Donald Trump ahead of the November midterm congressional elections.
Meanwhile, average regular gasoline prices also rose significantly, reaching $4.15 per gallon on Monday, compared with $3.20 a year earlier.
Fuel prices were even higher in some western states, with regular gasoline averaging $5.86 per gallon in California and $4.54 in Arizona, according to AAA.
The continued increase in fuel costs comes as millions of Americans travel during the Labor Day holiday period, potentially placing further pressure on household and business budgets.
International News
Fire Ravages Indonesia Market, Kills 11 Including Six Children
At least 11 people, including six children, have died after a fire swept through a market and surrounding buildings in Indonesia’s easternmost Papua region.
The deadly blaze broke out shortly after midnight on Monday in Paniai, Central Papua province, and quickly spread to several tightly packed shophouses and structures in the area.
SEE ALSO: Panic as Fire Razes 12 Shops in Kwara Shopping Complex
According to local police spokesman Henry J. Manurung, firefighters battled the inferno for more than three hours before eventually bringing it under control.
“During the inspection, officers found 11 victims who had died with burn injuries,” Manurung said in a statement.
He said five of the victims were adults, while the other six were children aged between two and nine years.
The fire destroyed at least 40 kiosks and houses despite the deployment of fire trucks and water cannons by emergency responders.
Manurung said the tightly packed arrangement of the houses and market stalls contributed to the rapid spread of the flames and made firefighting operations more difficult.
Authorities are currently investigating the cause of the deadly fire.
The incident adds to a series of deadly fires recorded in Indonesia in recent years.
In December, 22 people were killed when fire swept through a seven-storey office building in Central Jakarta. Police said an exploding drone battery on the ground floor was the likely cause.
In 2023, an explosion at a nickel-processing plant in eastern Indonesia also claimed at least 12 lives.
The latest tragedy has left the Paniai community mourning as authorities continue efforts to establish what triggered the devastating blaze.






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