NEWS
Breaking News: US confirms successful drone strike on Al-Qaeda leader, Al-Zawahiri
Yemie ADEOYE
Texas-THE United States has officially announced the killing of al Qaeda leader and former Osama Bin-Laden deputy, Ayman al-Zawahiri in a drone strike, outside Kabul, Afghanistan according to President Joe Biden.
Zawahiri, who just turned 71 years old, had remained a visible international symbol of the group, 11 years after the US killed Osama Bin Laden. At one point, he acted as bin Laden’s personal physician.
President Biden stated in a speech outside the Whitehouse that the United States has intensely searched for Al-Zawahiri under Presidents Bush, Obama, and Trump.
The US intelligence community located Al-Zawahiri earlier this year as he moved to downtown Kabul to reunite with members of his immediate family.
“After carefully considering clear and convincing evidence of his location, I authorize the precision strike that will remove him from the battlefield once and for all.
This mission was carefully planned, rigorously to minimize the harm to other civilians, and one week ago, after being advised that the conditions were optimal, I gave the final approval to go get him. The mission was a success. none of his family members were hurt, and there were no civilian casualties” Mr. Biden enthused.
Biden, who tested positive for Covid-19 on Monday as he deals with a rebound case of the virus, spoke outdoors from the Blue Room Balcony at the White House in a speech monitored by our reporter a few minutes ago.
Meanwhile, In a series of tweets, Taliban spokesman Zabiullah Mujahid said, “An air strike was carried out on a residential house in Sherpur area of Kabul city on July 31.”
He said, “The nature of the incident was not apparent at first” but the security and intelligence services of the Islamic Emirate investigated the incident, and “initial findings determined that the strike was carried out by an American drone.”
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Mujahid said the Islamic Emirate of Afghanistan “strongly condemns this attack on any pretext and calls it a clear violation of international principles and the Doha Agreement.”
Zawahiri comes from a distinguished Egyptian family, according to the New York Times. His grandfather, Rabia’a al-Zawahiri, was an imam at al-Azhar University in Cairo. His great-uncle, Abdel Rahman Azzam, was the first secretary of the Arab League.
He eventually helped to mastermind the deadliest terror attack on American soil, when hijackers turned US airliners into missiles.
“Those 19 brothers who went out and gave their souls to Allah almighty, God almighty has granted them this victory we are enjoying now,” al-Zawahiri said in a videotaped message released in April 2002.
It was the first of many taunting messages the terrorist — who became al Qaeda’s leader after US forces killed bin Laden in 2011 — would send out over the years, urging militants to continue the fight against America and chiding US leaders.
Zawahiri was constantly on the move once the US-led invasion of Afghanistan began after the September 11, 2001, attacks. At one point, he narrowly escaped a US onslaught in the rugged, mountainous Tora Bora region of Afghanistan, an attack that left his wife and children dead.
He made his public debut as a Muslim militant when he was in prison for his involvement in the 1981 assassination of Egyptian President Anwar Sadat.
“We want to speak to the whole world. Who are we? Who are we?” he said in a jailhouse interview.
By that time, al-Zawahiri, a young doctor, was already a committed terrorist who conspired to overthrow the Egyptian government for years and sought to replace it with fundamentalist Islamic rule. He proudly endorsed Sadat’s assassination after the Egyptian leader made peace with Israel.
He spent three years in prison after Sadat’s assassination and claimed he was tortured while in detention. After his release, he made his way to Pakistan, where he treated wounded mujahadeen fighters who fought against the Soviet occupation of Afghanistan.
That was when he met bin Laden and found a common cause.
“We are working with brother bin Laden,” he said in announcing the merger of his terror group, Egyptian Islamic Jihad, with al Qaeda in May 1998. “We know him for more than 10 years now. We fought with him here in Afghanistan.”
Together, the two terror leaders signed a fatwa, or declaration: “The judgment to kill and fight Americans and their allies, whether civilians or military, is an obligation for every Muslim.”
The attacks against the United States and its facilities began weeks later, with the suicide bombings of US embassies in Kenya and Tanzania that killed more than 200 people and wounded more than 5,000 others. Zawahiri and bin Laden gloated after they escaped a US cruise missile attack in Afghanistan that had been launched in retaliation.
Then, there was the attack on the USS Cole in Yemen in October 2000, when suicide bombers on a dinghy detonated their boat, killing 17 American sailors and wounding 39 others.
The culmination of Zawahiri’s terror plotting came on September 11, 2001, when nearly 3,000 people were killed in the attacks on the twin towers of the World Trade Center and Pentagon. A fourth hijacked airliner, headed for Washington, crashed in a Pennsylvania field after passengers fought back.
Since then, al-Zawahiri raised his public profile, appearing on numerous videos and audiotapes to urge Muslims to join the jihad against the United States and its allies. Some of his tapes were followed closely by terrorist attacks.
In May 2003, for instance, almost simultaneous suicide bombings in Riyadh, Saudi Arabia, killed 23 people, including nine Americans, days after a tape thought to contain Zawahiri’s voice was released.
The US State Department had offered a reward of up to $25 million for information leading directly to his capture. A June 2021 United Nations report suggested he was located somewhere in the border region of Afghanistan and Pakistan, and that he may have been too frail to be featured in propaganda.
President Biden further stated that all US allies around the world have been duly informed of the development, as well as the US Congres. According to him the United States will continue to carry out its counter-terrorism mission around the world, and especially in Afghanistan, in spite of its evacuation of all American boots on the ground on Afghan soil.
Osun State Governor, Ademola Adeleke has justified the activation of the Osun State Security Trust Fund on the ground of growing insecurity and public sector funding challenges facing all levels of government.
To show commitment of the state government, Gov Adeleke announced a contribution of three hundred million naira (N300m) to the trust fund.
On his part, billionaire philanthropist and brother of the state governor, Dr. Deji Adeleke donated five hundred million naira (N500m) while several businesses contributed various amounts.
The governor also used the occasion to announce the imminent sharing of refurbished Armoured Personnel Carriers and new patrol vehicles, declaring that “the administration is determined to maintain Osun’s record as one of the most peaceful states in the country”.
Launching the security trust fund at Osogbo, the governor decried the abandonment of the trust fund initiative by the Oyetola administration, describing the implementation of the trust fund as ‘long overdue’.
According to the governor, several states in Nigeria have established security trust funds. Osun started the process but this was abandoned under the immediate past administration of Mr Gboyega Oyetola.
“Our government decided to revive the initiative by updating the law and organising the launching today. A security trust fund is a matter of necessity considering the security climate in Nigeria and Osun state.
“We all know Nigeria faces security challenges. Yet, available public financing resources are limited. Governments at all levels then initiate public-private partnership to bridge the funding gap.
“It is neither a political project nor a self-serving policy. This is a necessary policy to secure our people. Only an irresponsible government will abandon the PPP arrangement that is working so well in Lagos, Kaduna, River states among others. Ours is a responsible leadership with people-oriented innovations, policies and programmes.
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“This Fund is designed to provide sustainable funding for modern security infrastructure. Through this Fund, we will establish a modern Situation Room with real time CCTV surveillance. We will continue the provision of operational tools required by our security agencies.
The governor appreciated all individuals, corporate organisations and stakeholders that have been contacted. “We appreciate your positive disposition. Today, I am inviting, for partnership, the private sector, financial institutions, development partners, professional bodies and all sons and daughters of Osun State.
“As a trust fund regulated by law, I assure you of strict accountability, transparency and due process in the management of the trust fund”, the governor said.
Secretary to the State Government who also doubled as the deputy chairman of the trust fund, Hon Teslim Igbalaye congratulated the governor for activating the Fund after its enabling law was passed as far back as 2012 while several special guests pleaded support for the initiative.
Public Policy analysts, government officials and other stakeholders have in Lagos hailed the strategic foresight and industrial courage of the President and Chief Executive of Dangote Industries Limited (DIL), Aliko Dangote, describing the Dangote Petroleum Refinery as a transformative national asset deserving of collective appreciation by Nigerians.
This position was strongly articulated at the 2026 Bullion Lecture, powered by the Centre for Financial Journalism, where the Director‑General of the Raw Materials Research and Development Council (RMRDC), Prof Nnanyelugo Ike‑Muonso, declared that Nigerians owe Aliko Dangote a profound debt of gratitude for investing in the world‑class refinery.
Delivering the keynote lecture themed “From Resources to Prosperity: How Raw Materials Development, Value Addition and Innovation Can Catalyse Nigeria’s Industrial Renaissance,” Professor Ike‑Muonso said the refinery represents a decisive break from Nigeria’s long‑standing dependence on crude oil exports with minimal domestic value addition.
According to the RMRDC Chief, Nigeria had historically exported crude oil only to re‑import refined petroleum products such as Premium Motor Spirit (PMS), with little economic benefit beyond crude sales.
“That narrative has now changed. Instead of exporting crude and importing PMS alone, the Dangote Petroleum Refinery processes crude locally to produce PMS, diesel, dual purpose kerosene (DPK), and valuable by‑products for petrochemicals such as polypropylene. This represents complete domestic value addition.”
Prof Ike‑Muonso described the refinery as Nigeria’s most concrete example yet of how strategic industrial investment can unlock the full value of the country’s natural resources.
Against the backdrop of ongoing instability in the Middle East and its implications for global energy supply and price volatility, the RMRDC boss said the Dangote Petroleum Refinery has emerged as a stabilising force and an African‑led solution to global energy challenges.
“With the far‑reaching consequences of the Middle East crisis on global energy markets, the Dangote Petroleum Refinery stands today as a monumental demonstration of strategic foresight, industrial courage and African self‑reliance,” he said.
“Nigeria should, in fact, be praying for Aliko Dangote at this time.”
Prof Ike‑Muonso also presented comparative data on raw‑material value addition across countries, including the United States, India, Brazil, South Africa and Kenya, revealing that Nigeria records the lowest percentage of value addition.
He disclosed that the country loses an estimated $29 billion annually due to the export of raw materials without processing partly due to the energy deficit.
“Rather than exporting raw materials, Nigeria should be exporting processed raw materials and finished products,” he argued.
Identifying obstacles to achieving full value addition, the RMRDC Director‑General highlighted key structural challenges such as: Private infrastructure tax, resulting from companies’ reliance on self‑generated power; Logistics gaps, noting that only about 30 percent of Nigeria’s road network is paved; and Capability gaps within the industrial ecosystem.
He stressed that sustained industrialisation remains Nigeria’s most viable pathway to broad‑based economic prosperity, citing Dangote Industries’ investments as a model for the country.
Earlier in his remarks, Otunba Kelvin Dele Oye, Chairman of the Economic Research and Ethics Committee and former President of the National Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), also commended Dangote’s industrial contributions.
He decried what he described as an imbalance in the exploitation of Nigeria’s raw materials by foreign investors, often without meaningful value addition to the local economy.
Otunba Oye called for deliberate government policies and stricter regulatory vigilance to ensure that raw material exploitation benefits Nigerians, while enabling local investors to compete favourably with foreign players.
The event, which marked the 10th anniversary of the Bullion Lecture, also featured the unveiling and launch of a commemorative book titled “Pathways to Nigeria’s Socio‑Economic Transformation.”
The book, authored by Mr. Ray Echebiri, Chief Executive of the Centre for Financial Journalism, documents all lectures delivered since the inception of the Bullion Lecture series.
Photo Caption
From Left: GMD/CEO, Dangote Cement Plc, Arvind Pathak; Chairman, Sinoma International Engineering Co. Ltd., Yin Zhisong; Consulate General of the People’s Republic of China, Yan Yaqing; President/CE, Dangote Industries Limited, Aliko Dangote; Chairman of the Board, Sinoma International Engineering Co. Ltd., Lin Zhisong and Vice President Oil & Gas, Dangote Industries Limited, Devakumar Edwin, during the Sinoma International visit to Dangote Head Office in Lagos
NEWS
Dangote Refinery Exports 1.1bn Litres of Aviation Fuel to Europe, Supplies 95% of Nigeria’s Jet A1 – AON
The Airlines Operators of Nigeria (AON) has described the Dangote Petroleum Refinery and Petrochemicals as a critical pillar of support for Nigeria’s aviation industry, disclosing that the refinery currently supplies over 95 per cent of the Jet A1 fuel consumed nationwide.
Biztellers reports that the company also exported 1.1 billion litres of aviation fuel to Europe between March and April 20.
Speaking during a televised interview, AON spokesperson Obiora Okonkwo said the refinery’s output has played a vital role in sustaining domestic airline operations at a time of global supply disruptions arising from tensions in the Middle East and rising fuel costs.
“It is a matter of fact that over 95 per cent of aviation fuel supplied across the country comes from the Dangote refinery. To airline operators in Nigeria, Dangote is not just a refinery; it is a game changer and, indeed, a lifesaver,” Okonkwo said.
He noted that despite the refinery’s consistent supply, airlines continue to face severe operational strain due to escalating Jet A1 prices, which he attributed to sharp practices within the downstream distribution chain.
According to Okonkwo, some fuel marketers are allegedly creating artificial scarcity in spite of available supply from the refinery, leading to disproportionate price increases. He disclosed that airline operators have recorded Jet A1 price hikes of up to 300 per cent since the onset of the Middle East crisis.
“We consider this exploitation. The refinery has not indicated any shortage, yet we are witnessing artificial scarcity and unjustifiable price increases. What airlines pay does not reflect depot prices,” he said, suggesting the presence of racketeering within the market.
Echoing these concerns after a closed‑door meeting between the AON and the Federal Government, Chairman and Chief Executive Officer of Air Peace, Allen Onyema, described the situation as deeply troubling, particularly given that the Dangote refinery sells its products at comparatively lower rates.
“The truth is that marketers must be called to account. How do prices rise by as much as 300 per cent when Dangote’s supply remains the cheapest and some marketers source directly from the refinery?” Onyema asked. “So, why the astronomical increase?”
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Meanwhile, the Dangote Refinery continues to expand its footprint in the international aviation fuel market. Industry data indicate that the facility exported approximately 876,000 metric tonnes of jet fuel to Europe within the period under review—about 456,000 tonnes in March and an additional 420,000 tonnes by April 20.
These export volumes underscore the refinery’s growing capacity and improved logistics, further reinforcing Nigeria’s emerging role in the global downstream oil and gas market, even as it strengthens domestic energy security.
Photo Caption
From Left: President/CE, Dangote Industries Limited, Aliko Dangote; President of Uganda, H.E. Yoweri Museveni; President of Kenya, H.E. William Ruto, and CEO of the Africa Finance Corporation, Samaila Zubairu, at The Africa We Build Summit in Nairobi, Kenya, on Thursday.
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