Author: Gbenga Olaleye

President of Dangote Group, Aliko Dangote, has revealed that the company’s truck drivers earn nearly four times the Nigerian national minimum wage, adding that their salaries often exceed those of university graduates. Dangote made the disclosure on Tuesday during an interview with Arise Television, in response to concerns raised by stakeholders over the company’s recent launch of new trucks and its relationship with the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG). Speaking on allegations that Dangote Group’s new transport initiative could lead to job losses, the billionaire industrialist dismissed the claims, stating: “The trucks we launched didn’t stop…

Former Speaker of the House of Representatives, Yakubu Dogara, has described President Bola Tinubu’s tax reforms as the most ambitious overhaul of Nigeria’s fiscal framework in decades, forecasting that Tinubu will be remembered as the country’s foremost economic reformer. Dogara made the remarks on Tuesday during the inaugural Distinguished Parliamentarian Lecture organised by the House of Representatives Press Corps at the National Assembly Complex in Abuja. Delivering a lecture titled “Navigating Tax Reform in Nigeria: Insights on President Tinubu’s Policies,” Dogara explored the origins, scope, and potential impact of the reform initiatives enshrined in the Nigeria Tax Act 2025 and…

Nigeria’s largest airline, Air Peace, has announced the creation of 1,000 new job opportunities for young graduates through its 2025/2026 Graduate Trainee Programme, following the Federal Government’s decision to suspend the 4% Free on Board (FOB) levy on imported goods. The levy, which sparked widespread criticism from manufacturers, importers, and customs agents, was recently suspended by the Minister of Finance and Coordinating Minister for the Economy, Wale Edun. The Minister admitted that the policy, initially introduced by the Nigeria Customs Service, posed risks to economic stability, trade competitiveness, and the country’s overall business climate. In a statement issued on Wednesday,…

The Federal Government on Tuesday announced a series of new agricultural investment incentives aimed at creating 21 million jobs and combating growing food insecurity across Nigeria. The initiatives were unveiled by Vice President Kashim Shettima during the Food and Agriculture Organisation’s (FAO) National and Subregional Hand-in-Hand Investment Forum held in Abuja. Shettima outlined key reforms under President Bola Tinubu’s economic agenda, including expanded irrigation systems, improved access to agricultural credit, land registration reforms, and enhanced mechanisation. He noted that these efforts could transform rural communities into hubs of economic growth while boosting national food security. “Hunger is the great equaliser…

President and Chief Executive Officer of Dangote Refinery, Aliko Dangote, has expressed strong doubts about the revival of the Ajaokuta Steel Company, saying it is no longer viable in today’s world and that Nigeria must stop deceiving itself about its prospects. In a video making rounds on social media, Africa’s richest man said no nation can be built without a steel industry, but insisted that Ajaokuta, in its current state, cannot work. “There is no nation that you can build without a steel industry and honestly, within us here, Ajaokuta Steel Company will not work,” Dangote said. “We can keep…

President and Chief Executive Officer of Dangote Refinery, Aliko Dangote, has said many wealthy Nigerians are unwilling to invest in the country due to the difficult operating environment. Speaking during a recent media interaction, Africa’s richest man said there are individuals in Nigeria with more liquid cash than him who choose to stay away from domestic investment challenges. Dangote said such individuals prefer to stay in places like Monaco, France, instead of facing the rigours of doing business in Nigeria. “There are more people who have more liquid cash than me in Nigeria, maybe one, two, or three, without mentioning…

Rivers Sole Administrator, Vice Admiral Ibas, Reflects on Six-Month Stewardship, Highlights Restoration of Peace and Return to Democracy The Sole Administrator of Rivers State, retired Vice Admiral Ibok-Ete Ibas, has reflected on his six-month tenure, describing it as a period marked by both immense challenges and significant progress. He stated that the core objective of restoring peace and stability to the state had been achieved, setting the stage for the return of democratic governance at the grassroots. Vice Admiral Ibas made these remarks on Tuesday during a public lecture titled “Good Governance and Democratic Dividends”, delivered by Professor Abiodun Amuda-Kanmike,…

Nigeria’s First Lady, Senator Oluremi Tinubu, has congratulated celebrity chef Hilda Baci for setting another Guinness World Record, this time for the largest serving of Nigerian-style jollof rice. In a statement issued on Tuesday evening, Mrs Tinubu praised the 28-year-old chef’s resilience and creativity, describing her global recognition as an inspiration to young Nigerians. “Hilda, your passion, resilience, and creativity in showcasing your craft as a celebrity chef of one of Nigeria’s most loved dishes on the global stage is inspiring,” she said. The First Lady added that Baci’s accomplishment demonstrated the ability of young Nigerian women to succeed internationally…

Governor Uba Sani of Kaduna State has signed a $120 million Memorandum of Understanding (MoU) with African Industries Group to establish a state-of-the-art greenhouse project in Gujeni, Kaduna. In a statement, Governor Sani described his recent trip to Bucharest, Romania, as a turning point in the state’s efforts to harness its vast agricultural potential. During the visit, the MoU was formally signed between the Kaduna State Government, African Industries Group led by its Chairman Mr Raj Gupta, and the Bank of Agriculture. He said the project will not only transform irrigation farming in Gurara but also herald a new era…

Governor Malam Dikko Umaru Radda of Katsina State has reaffirmed his administration’s commitment to building lasting peace and driving inclusive development across the state. Speaking after a closed-door meeting with stakeholders at Government House in Katsina, Radda said the gathering was convened to address insecurity, review achievements, and strengthen strategies for sustainable progress. “We are committed to ensuring that peace returns to every community in Katsina. Development cannot thrive without security, and we are determined to achieve both through collaboration with stakeholders at every level,” the governor declared. The high-level meeting drew political leaders, traditional rulers, security experts, scholars, and…