Connect with us

Breaking News

Dangote Hosts Otedola, First HoldCo Executives At Refinery

Published

on

President and Chief Executive of Dangote Industries Limited, Aliko Dangote, on Wednesday hosted the Chairman of First HoldCo Plc, Femi Otedola, alongside senior executives of the group at the Dangote Petroleum Refinery & Petrochemicals in Lagos.

According to a post issued on its verified X handle on Wednesday, the company said the visit to the refinery complex highlighted growing collaboration between key players in Africa’s industrial and financial sectors.

The post read, “More than a visit, the engagement reflects the growing alignment between Africa’s industrial and financial leadership around a shared belief that the continent’s future must be built on production, infrastructure, energy security, and long-term investment in African capacity.”

It added that the engagement reflected a shared commitment by African business leaders to promote industrialisation, production capacity and regional self-sufficiency.

So This Happened (EP 396) reviews: Ex-minister gets 75-year sentence
Related News

Dispatch rider feared dead in Lagos-Ibadan Expressway crash
Operators split as tank farms back local refining
AMVCA celebrates Africa’s new creative culture

President and Chief Executive of Dangote Industries Limited, Aliko Dangote, addressing the Chairman of First HoldCo Plc, Femi Otedola, alongside senior executives of the group. Photo: X|Dangote group

It described the Dangote Petroleum Refinery and Petrochemicals project as one of the largest industrial investments on the continent and a major symbol of Africa’s growing industrial potential.

“As one of the largest industrial projects on the continent, the Dangote Petroleum Refinery & Petrochemicals stands as a symbol of what is possible when ambition is matched with execution at scale,” the statement said.

The company added that the refinery continues to attract strategic interest from institutions and business leaders committed to strengthening industrial growth and reshaping Africa’s economic future.

“It continues to attract strategic interest from institutions and business leaders committed to strengthening regional self-sufficiency, driving industrial growth and reshaping Africa’s economic future from within,” the statement added.
President and Chief Executive of Dangote Industries Limited, Aliko Dangote, alongisde the Chairman of First HoldCo Plc, Femi Otedola, and senior executives of the group.

Olugbenga Ige

Olugbenga Ige is a journalist at Punch Newspapers with over nine years of professional reporting experience. He is known for his sharp eye for compelling stories and a strong instinct for identifying newsworthy developments. Over the years, Olugbenga has built a reputation for turning leads into clear, engaging, and well-structured reports that resonate with readers. His work reflects deep newsroom experience, editorial judgment, and a commitment to accurate, impactful journalism.

All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

Contact: theeditor@punchng.com

Read The Full Story / Watch The Full Video

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Breaking News

Breaking: Nigerian Workers Demand N300,000 Minimum Wage, FG Faces Fresh Salary Pressure

Published

on

The Federal Workers Forum, FWF, has demanded an immediate increase in the federal minimum wage from N70,000 to N300,000, noting that the current salary structure can no longer sustain civil servants amid Nigeria’s rising cost of living.

The Forum made the demand in a letter dated September 2, 2026, addressed to President Bola Ahmed Tinubu and the National Assembly, with the Senate President, Speaker of the House of Representatives, Chief Justice of Nigeria and Head of the Civil Service of the Federation listed among the recipients.

The workers also proposed a new salary structure that would place the highest-paid Level 17 officer on a monthly salary of N1.5 million, while Level 1 Step 1 workers would earn N300,000.

“We call for justice and immediate wage review now, adjust the federal minimum wage to N300,000 and a maximum wage of N1.5m for the Level 17 officers,” the Forum said.
Recommended

The FWF argued that the Federal Government had not fully implemented the 2024 minimum wage agreement, claiming that federal workers had yet to receive the full consequential adjustment and associated allowances.

“It will surprise you to hear that the Federal Government has not fully implemented the new national minimum wage since July 2024. We have been in the battle for full consequential adjustment of the new minimum wage,” it said.

Recall that the Nigeria Labour Congress, NLC, in August 2026, demanded an upward review of the minimum wage to N500,000.

In July 2024, President Bola Tinubu’s government increased the minimum wage to N70,000 per month from N30,000.

However, the cost of living for many Nigerians has tripled between 2024 and 2026.
You may like

Read The Full Story / Watch The Full Video

Continue Reading

Breaking News

BREAKING NEWS: ‘No Support For Military Coup in Niger’ – FG

Published

on

The Federal Government has said Nigeria will never support a military coup or any unconstitutional change of government, following claims that the country backed a failed coup attempt in the Niger Republic.

The Minister of State for Foreign Affairs, Sola Enikanolaiye, made this known in a statement issued on Thursday.

According to the statement, the claims circulating on social media are baseless and misleading.

Enikanolaiye said Nigeria remained committed to democracy, constitutional rule and political stability in West Africa and would not support any attempt to remove a government through unconstitutional means.
Recommended

“Nigeria will never support illegality or unconstitutional change of government anywhere, no matter who is involved or which country is concerned,” he said.

The minister also rejected claims that Nigeria, through its membership of the Economic Community of West African States (ECOWAS), supported or endorsed the military takeover in Niger.

He said the Federal Government had already stated its position on the situation in Niger in an earlier statement issued by the Ministry of Foreign Affairs on August 30, 2026.

According to him, Nigeria remains deeply concerned about developments in Niger and wants the country to return peacefully to stability and constitutional order.

Enikanolaiye said Nigeria’s close historical, cultural and fraternal ties with Niger made peace and stability in the neighbouring country particularly important.

“Nigerians at home and abroad should disregard the videos and narratives circulating online, they are intended to create confusion and tarnish Nigeria’s image,” the statement said.
You may like

Read The Full Story / Watch The Full Video

Continue Reading

Trending