Connect with us

Featured

Gabon President Invites Dangote to Invest in Cement, Fertilizer

Published

on

President Brice Oligui Nguema of Gabon, has invited the chairman of Dangote Industries Limited, Aliko Dangote to invest in cement and fertiliser production in the country.

According to a statement by the media office of Dangote Group, the billionaire was invited to explore investment opportunities in cement and fertiliser (urea and phosphate).

“President Brice Oligui Nguema of Gabon has invited the President and Chief Executive Officer of Dangote Industries Limited (DIL), Aliko Dangote to invest in Cement and Fertiliser production in Gabon,” Dangote Group said.

“The President urged Dangote to explore potential investment opportunities in the country’s cement and fertilizer sectors, specifically urea and phosphate production.”

According to the statement, Dangote conversed with Nguema and other top government officials during the visit.

“The talks focused on how Dangote Industries could contribute to Gabon’s economic growth by establishing cement and fertilizer plants, which are vital for the country’s infrastructure development and agricultural productivity,” Dangote Group said.

“President Nguema expressed enthusiasm about the potential partnership, highlighting Gabon’s commitment to creating a conducive environment for foreign investments. 

” alt=”” aria-hidden=”true” />“He noted that the collaboration with Dangote Industries would bring significant benefits, including job creation, technology transfer, and enhanced industrial capacity.”

INVESTING IN GABON ALIGNS WITH DANGOTE INDUSTRIES GOALS’

On his part, Dangote underscored his company’s dedication to fostering economic development in the continent.

He emphasised that investing in Gabon’s cement and fertilizer sectors aligns with Dangote Industries’ strategic vision of expanding its footprint and supporting sustainable development across Africa.

“We are excited about the opportunity to invest in Gabon. Our goal is to contribute to the country’s economic diversification and industrialization efforts,” Dangote said.

“By leveraging our expertise in cement and fertilizer production, we aim to support Gabon’s infrastructure and agricultural sectors.”

Dangote Group said the visit signifies a significant step towards deepening economic ties between Nigeria and Gabon.

The company said as Dangote Industries continues to explore and finalise investment opportunities, both nations anticipate mutual benefits that would propel economic progress and regional integration.

“The potential investment by Dangote Industries in Gabon is expected to bolster the country’s industrial landscape, ensuring a steady supply of essential materials for construction and agriculture,” the statement reads.

“This development aligns with President Nguema’s vision of transforming Gabon into a diversified and self-sustaining economy.

“In the coming months, further discussions and assessments will be conducted to finalize the investment plans. The collaboration between Dangote Industries and the Gabonese government holds promise for a robust partnership that will significantly impact Gabon’s economic landscape.”

The invitation comes days after Dangote announced he will halt investment in Nigeria’s steel industry. 

TheCable

Continue Reading
Click to comment

Leave a Reply

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

Featured

Police Uncover N7.7bn Telecom Fraud, Arrest Six Suspects

Published

on

By

The Nigeria Police Force has uncovered a ₦7.7 billion cyber-enabled telecommunications fraud and arrested six suspects linked to the illegal diversion of airtime and data resources belonging to a telecom company.

In a statement issued on Wednesday by the Force Public Relations Officer, Force Headquarters, Abuja, Benjamin Hundeyin, the police said the operation was carried out by the National Cybercrime Centre following a petition from the affected company.

According to the statement, the company reported “suspicious and unauthorised activities within its billing and payments infrastructure.”

The police said investigations revealed that “internal staff login credentials had been compromised, granting threat actors unlawful access to core systems.”

The syndicate responsible for the illegal diversion of a telecommunications company’s airtime and data resources, resulting in “an estimated financial loss of over ₦7.7 billion.”

Following weeks of planning, the police said “coordinated enforcement operations were executed in October 2025 in Kano and Katsina States, with a follow-up arrest in the Federal Capital Territory.”

The statement added that six suspects were arrested during the operation.

“They include Ahmad Bala, Karibu Mohammed Shehu, Umar Habib, Obinna Ananaba, Ibrahim Shehu, and Masa’ud Sa’ad,” the police said.

The Punch

Continue Reading

Featured

El-Rufai Makes Case for Tinubu’s Impeachment, Accuses President of Illegal N100bn Monthly Deductions

Published

on

By

Former Kaduna State Governor, Nasir El-Rufai, has accused President Bola Tinubu of deducting N100b every month from the federation account without approval.

Speaking during an interview on ‘Prime Time’, a programme on Arise Television, El-Rufai said such an action deserves nothing but impeachment.

According to him, the unauthorised deductions have been going on for over 15 months, amounting to a total of N1.5 trillion.

He said: “Government data. I’m not quoting something out of the air. So for that 100 billion that goes out every month from the Federation account, without appropriation by the National Assembly, by the way, without appropriation by the state assemblies, because part of the money belongs to the states.

“So each state assembly is supposed to appropriate that part. So the entire deduction and expenditure is unconstitutional. It’s an impeachable offense, but it has been going on for more than 15 months from the last time I checked.

“So where has that 1.5 trillion gone? What is it being used for? Why is the security situation just getting worse? Why is the government asking communities to protect themselves?

“Look if you asked me in 2022 or 2023 when we were campaigning, that things would ever be this bad, I would say that you are mentally ill.”

DailyPost

Continue Reading

Featured

FG vs Sowore: Court Admits As Exhibit Video of Reno Omokri Calling Tinubu ‘International Drug Baron’

Published

on

By

Human rights activist and former presidential candidate Omoyele Sowore on Tuesday presented a video in the Federal High Court in Abuja showing former presidential aide Reno Omokri referring to President Bola Tinubu as an “international drug baron”. The move forms part of Sowore’s defence in his ongoing trial for alleged cyberstalking and online defamation against the Nigerian leader.

Sowore, who ran under the African Action Congress (AAC), is facing charges filed by the Department of State Services (DSS) over social media posts reportedly describing President Tinubu as a “criminal.” The case is being heard before Justice Mohammed Umar.

During proceedings, Sowore’s lawyer, Marshal Abubakar, resumed cross-examination of the prosecution’s first witness, DSS operative Cyril Nosike. Abubakar questioned Nosike on the agency’s practices, asking whether the DSS conducts background or security checks on nominees for sensitive government positions, such as ambassadors, ministers, and judges. Nosike admitted he was not aware if such procedures were carried out.

The defence also probed why the DSS cleared Reno Omokri for an ambassadorial appointment despite his public statement labeling President Tinubu an “international drug baron.” Nosike stated that he could not provide an explanation for the clearance.

Abubakar further asked the witness about a public remark by President Tinubu in which the President pledged to protect the constitutional right of Nigerians to criticize, insult, or call him names. Nosike was unable to confirm awareness of that statement. The defence then questioned why, given the President’s public commitment to free speech, the DSS had proceeded to file charges against Sowore.

Following this line of questioning, the defence sought court approval to tender two video clips as evidence: one featuring Omokri’s “international drug baron” remark and another showing President Tinubu affirming citizens’ right to freely critique him. Counsel for the DSS, Akinlolu Kehinde, SAN, objected, arguing that the videos were being “played to the gallery” and that the maker of the clips had not been listed as a witness.

After reviewing the submissions in line with the Evidence Act 2023, Justice Umar ruled that the video clips were relevant and admitted them as exhibits. The court adjourned the matter to February 4, 2026, for continuation of cross-examination.

Reno Omokri was among 64 ambassadorial nominees confirmed by the Senate in December 2025. The confirmation followed the adoption of a report from the Senate Committee on Foreign Affairs, which indicated that all nominees had been vetted and deemed suitable for appointment.

Continue Reading

Trending