Dangote: Govt didn’t give me incentive to build refinery

says he paid $100m for land Dangote Group President, Aliko Dangote, has disclosed that the Federal Government did not give him any incentive to build his $20 billion refinery located at the Lekki Free Trade Zone. He stated that he paid $100 million for the land the refinery was built on. The industrialist disclosed this […]

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Dangote asks reps To probe petrol, diesel quality at fuel stations

President of the Dangote Group, Aliko Dangote has called on the House of Representatives to investigate the quality of diesel and petrol at filling stations. He made the call on Saturday when he received the leadership of the House led by Speaker Tajudeen Abbas and his deputy Benjamin Kalu. He urged the House to set […]

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Nigeria will hit $1trn economy by 2030 — Cardoso

Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has declared that the nation’s economy will hit $1 trillion economy by 2030. He made the declaration on Friday during his presentation on first half-year review of the Bank’s activities in 2024 before the Senate Committee on Banking, Insurance, and Other Financial Institutions. Affirming the […]

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Why I intervened in National Minimum Wage Negotiations — Tinubu

President Bola Tinubu has explained why he had to intervene in the negotiations for the new national minimum wage. He said he considered the economic challenges faced by many Nigerians and the urgent need to provide relief. This is outlined in a statement by Ajuri Ngelale, Special Adviser to the President (Media & Publicity). In […]

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Osun LG polls: OSSIEC amends notice of election

Osun State Independent Electoral Commission (OSSIEC) said it had adjusted the notice of the local government elections billed to hold on Saturday, 22 February 2025. The chairman of the commission, Hashim Akintude Abioye, who disclosed this in a statement in Osogbo, said the commission has also adjusted the timetable and schedule of activities regarding the […]

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House of Reps leadership visits Dangote refinery

The leadership of the House of Representatives, led by the Speaker, Tajudeen Abbas, has visited the $20 billion Dangote Petroleum refinery in Lagos State. The lawmakers arrived at the refinery located in the Lekki Free Trade Zone in Lagos around 11 am on Saturday. The delegation was received by the President of the Dangote Group, […]

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N70,000 minimum wage: How Tinubu convinced Labour

The Nigeria Labour Congress (NLC) says President Bola Tinubu agreed to a N250,000 minimum wage proposal on the condition that the pump price of petrol would be increased. Speaking in an interview with Channels Television on Thursday, Joe Ajaero, NLC president, Joe Ajaero said labour leaders rejected the president’s condition because it would exacerbate the […]

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