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My friend warned me against investing in Nigeria – Aliko Dangote

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Aliko Dangote

President of the Dangote Group, Aliko Dangote has said a wealthy friend of his, who had previously warned him against investing in Nigeria is now laughing at him for ignoring his advice. He made this disclosure following reports that the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, criticized the quality of diesel from the Dangote Refinery.

Dangote, in an interview with PREMIUM TIMES, reflected on the advice he received four years ago from a friend who chose to invest abroad due to concerns over policy inconsistencies and interest group shenanigans in Nigeria. Four years ago, one of my very wealthy friends began to invest his money abroad. I disagreed with him and urged him to rethink his actions in the interest of his country.

“He blamed his action on policy inconsistencies and shenanigans of interest groups. That friend has been taunting me in the past few days, saying he warned me and that he has been proven right,” Dangote was quoted to have said.

The 67-year-old, who expressed his commitment to solving Nigeria’s longstanding fuel crisis through the refinery, also voiced frustration over what he perceives as efforts to undermine his investment, despite the refinery’s potential to provide high-quality products and create jobs.

Dangote indicated that if necessary, he would be willing to sell the refinery to the Nigerian National Petroleum Corporation, NNPC, to ensure its operation and benefit the country.

The businessman, who said he is getting to 70 years and needs very little to live the rest of his life, stressed that everything he does is in the interest of the country, adding that he would not take the refinery or any other property or asset to his grave.

He said Nigeria had been facing a fuel crisis since the 70s, restating that the refinery could help in resolving the problem, alleging that some people were uncomfortable that he was in the picture.

The NMDPRA had claimed that the Dangote Refinery is still in the pre-commissioning stage and has not been licensed to begin operations. The Authority’s Chief Executive Officer, Farouk Ahmed, had also raised concerns about the quality of diesel produced by the refinery, which Dangote has disputed. However, analysts believe the recent comments from government quarters are all geared towards frustrating the success of the refinery to protect their vested interests.

Source: dailypost

Nigeria Breaking News

Shallipopi announces break from smoking

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Shallipopi

Nigerian singer, Crown Uzama, popularly known as Shallipopi, has announced that he is currently on “break” from smoking. The ‘Pluto Presido’ crooner announced this while sharing a video from his vocation via Snapchat recently. He advised his fellow smokers to abstain from the habit sometimes.

 

Shallipopi

He said, “No be everytime you go dey smoke igbo, sometimes take a break. I am on break now. I am feeling good.  Nigerian celebrities, including Tonto Dikeh, Don Jazzy, Terry G, Faze, Dr Sid and Kizz Daniel have announced quitting smoking in the past.

Shallipopi

However, some of them later made a U-turn, with Terry G and Kizz Daniel confirming on their respective social media pages that they have returned to the habit.

Source: Dailypost

In other news – My man pays me allowance – Mercy Eke

Reality TV star Mercy Eke has revealed that she gets paid for being in a relationship. Speaking in a recent episode of the ‘Love Is A Game’, she said: “My guy [partner] pays me an allowance.

Mercy Eke

 

But it’s not that I mandated him to do that. I have about six domestic workers. So the allowance is just to assist me to pay my staff. Read more

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Nigeria Breaking News

How I found out I was pregnant for Wizkid – Shola Ogudu

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Shola Ogudu

Singer, Ayodeji Balogun, AKA Wizkid’s first baby mama, Shola Ogudu has revealed that she didn’t know she was pregnant until the pregnancy was five months.

Shola made this known during an interview with former BBNaija housemate, Maria Chike’s podcast, “Mum next door.

Shola Ogudu

According to the mother of one, her parents were concerned about her studies because she was in her final year in the university.
She said, “I had my baby pretty early, I was in a university, my final year. I was pregnant for four months to be honest.

“I didn’t know I was pregnant until I was 5 months gone, my parents concern was I had to finish university and I did with good grades

Source: Dailypsor

In other news – Why I fell in love with Adekunle Gold – Simi speaks out

Nigerian singer Simisola Kosoko, popularly known as Simi, has revealed why she fell in love with her husband, singer Adekunle Gold.

 

Simi

The mother of one revealed that she fell in love with her husband because of his graphic designing and photoshopping skills.  Read more

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Report corrupt lawyers for disciplinary action – Oboagwina urges Nigerians

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The convener of Easyread Legal’s Mentorship Programme, Caleb Oboagwina, has called on members of the Nigerian public to report any lawyer found engaging in corrupt practices for disciplinary action. Oboagwina made this call while speaking to newsmen at the 2nd Externs General Conference and 10th Year Anniversary of the programme on Saturday in Abuja.

Decrying reports of corruption in the legal profession, Oboagwina said corrupt lawyers are sanctioned by the Legal Practitioners Disciplinary Committee.
If you find anyone wanting, don’t be silent. Report such a person immediately for disciplinary action against him or her to serve as a deterrent to others nursing the same evil and unethical ideas.

“Don’t be afraid. Report them no matter their reputation in the profession,” he said. He tasked aspiring lawyers on hardwork and dedication to excel in the profession whenever they are eventually called to the Nigerian Bar, urging young ones to see the profession as something that would redeem the society.

“If we have lawyers who would stand up for their rights, especially when they go up in the judiciary, and shun corruption, the society would be a better place.” Also speaking, the 2nd Vice President of the Nigeria Bar Association, NBA, Clement Chukwuemeka, charged lawyers to speak to power and hold the government accountable when it fails in its responsibility of providing social amenities or infrastructural facilities to the masses.

According to him, the responsibility of lawyers is not to make money but to provide justice where the need arises, especially those who do not have anyone to speak for them.

“Judges grant bail to the high and mighty in corrupt cases after which such cases may be swept under the carpet but the poor are being sent to jail for minor cases because they have no one to speak for them,” he added. Easyread Legal’s Mentorship Programme is a platform that renders assistance to students of the Nigerian Law School engaging in Bar Part ll programme.

Source: Dailypost

In other news – Residents seek quick intervention as bridge linking Adamawa with Borno collapses

Residents of Madagali, a major town in the northern part of Adamawa State which shares borders with Goza in Borno State, have appealed for the quick response of federal authorities after a major bridge in the town collapsed.

Borno collapses

The Madagali Bridge collapsed completely in the night of Thursday, August 15, after a heavy rain that caused an overflow of the Madagali River over which the bridge was built. Read more 

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