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Dangote Urges African Business Leaders to Drive Transformation

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By Adedapo Adesanya

The president of Dangote Group, Mr Aliko Dangote, has called on African business leaders to take the lead in transforming the continent.

According to a statement, the billionaire mogul made this stance while speaking at the just concluded African Renaissance Retreat held in Kigali, Rwanda.

Mr Dangote pointed out that despite significant challenges besetting Africa, its youthful population and abundant resources, including about 30 per cent of the world’s mineral reserves and the largest reserves of gold, cobalt, uranium, platinum, and diamonds, offer opportunities for substantial and inclusive growth.

The retreat was a high-level gathering to discuss issues and align development with the foremost entrepreneurs on the continent and the leaders of the largest pan-African companies including President Paul Kagame of Rwanda, former President Olusegun Obasanjo, former President Ellen Johnson Sirleaf, and former Prime Minister Hailemariam Dessalegn among others.

Mr Dangote, who initiated the retreat, noted that he had long contemplated bringing together a group of dedicated African business leaders to address the continent’s challenges, identify concrete solutions, and showcase Africa as a viable investment destination despite its obstacles.

“We have 65 per cent of the world’s arable land and 10 per cent of the planet’s internal renewable freshwater sources. Together, these present a myriad of opportunities for robust, inclusive growth that harness our abundant human potential and natural resources to increase prosperity, not just in Africa but across the globe,” he said.

Mr Dangote added that Africa is at a crucial inflexion point, with the world’s youngest and fastest-growing population, rapidly expanding cities, and a growing embrace of innovation and new technologies, including Artificial Intelligence.

He noted that despite dealing with multiple barriers such as visas, inconsistent change in government policies, inadequate technical talent, lack of critical infrastructure, foreign exchange crises, inflation, cost of capital and other conflicts of differing dimensions, the Dangote Group has expanded from Nigeria to 14 countries across the continent, spanning multiple sectors from cement to fertilizers, sugar to oil refineries, petrochemicals, agriculture and more.

“The good news is that despite these challenges, we have succeeded in building a pan-African Group that employs over 50,000 people and generates revenues that should exceed $30 billion by the end of 2025,” he said.

He emphasized that the objective of the retreat was to offer an opportunity for collective action in tackling various issues, including persistent conflicts, energy and food security, supply chain disruptions, the debt crisis, and access to long-term concessional funding for development.

“We are coming together not just as leaders in our respective institutions but as visionaries and catalysts for transforming our societies. It is our collective responsibility to play our role in transforming our continent. Nobody will do it for us but us – especially us in this room,” he noted.

He also cautioned that it is crucial for the leaders present to move beyond dialogue to decisive implementation and tangible impact.

Other participants at the retreat, which took place from September 6 to 8, included Ms Amina J. Mohammed, Deputy Secretary-General of the United Nations; Mr Benedict Oramah, President and Chairman of the Board of Directors of the African Export-Import Bank; former Liberian President, Mrs Ellen Johnson Sirleaf; Mr Adebayo Ogunlesi, Chairperson of Global Infrastructure Partners; former Ethiopian Prime Minister, Mr Hailemariam Dessalegn, Mrs Samaila Zubairu of the African Finance Corporation, Mr Makhtar Diop of IFC, and Mr Jeremy Awori, CEO of Ecobank Transnational Incorporated.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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FG Initiates Safety, Capacity-Building for Nigerian Dockworkers

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apapa Dockworkers

By Adedapo Adesanya

The federal government says it has initiated safety and capacity-building programmes, including provision of modern protective equipment for dockworkers and riverine transport operators, as part of its commitments for the welfare of dockworkers.

This was made known by the Minister of Marine and Blue Economy, Mr Adegboyega Oyetola, at the 2025 Day of Dockworkers in Lagos organised by the Nigerian Maritime Administration and Safety Agency (NIMASA) in partnership with the Nigerian Ports Authority (NPA) and the Nigerian Shippers’ Council (NSC).

The event held under the theme, Safe Port, Safe Ship, sought to bring the importance of safe working conditions and enhanced welfare of Nigerian dockworkers to the fore while also highlighting government Initiatives to improve safety standards.

In his keynote address, Mr Oyetola saluted the incredible work of dockworkers adding that their contribution is at the very core of Nigeria’s maritime economy.

The Minister, who was represented by the Director General of NIMASA, Mr Dayo Mobereola, observed that “today reminds us that our dockworkers are vital to creating a maritime industry where safety is assured and productivity increases.

“As dockworkers, you are the first link in the trade chain that fuels our economy and turns the potential of the blue economy into real national growth.

“Furthermore, the Federal Government has initiated safety and capacity-building programmes, including provision of modern protective equipment for dockworkers and riverine transport operators, as part of its commitments. Through NIMASA, we are enhancing safety training, improving emergency response capabilities, and enhancing professional development schemes.”

Also speaking at the event, the President General of the Maritime Workers Union of Nigeria (MWUN), Mr Francis Bunu, praised the Minister of Marine and Blue Economy, as well as agencies under his supervision especially NIMASA, for their commitment to dockworkers welfare.

According to him, “It is a great honour to join all dock workers in celebrating the 3rd edition of Dockworkers Day 2025. On behalf of the Maritime Workers Union of Nigeria (MWUN), I sincerely thank NIMASA, terminal operators, stevedores, and all maritime stakeholders for hosting this event and recognizing the vital role of dock workers in sustaining our nation’s maritime industry.”

He added that, “We deeply appreciate the leadership of the Honourable Minister of Marine and Blue Economy for his remarkable efforts in revitalizing Nigeria’s maritime sector, and the Honourable Minister of Labour and Employment for his steadfast commitment to the welfare and protection of Nigerian workers.”

In his goodwill message, the Minister of Labour and Employment, Mr Muhammadu Dingyadi, who was represented by Mr Emmanuel Igbinosun, Director of Productivity, Measurement and Labour Standards in the Ministry urged all stakeholders to remain committed to the ideals of safe work environment and appropriate remuneration for dockworkers in line with the International Labour Organisation (ILO) standards.

In their separate goodwill messages, the Nigerian Ports Authority, Nigerian Shippers’ Council, Nigerian Association of Stevedoring Operators (NASO), and Seaport Terminal Operators Association of Nigeria (STOAN) all commended dockworkers for their contribution to Nigeria’s maritime industry and pledged committed to ensuring enhanced welfare and safer working environment.

The Day of the Dockworker was organized by NIMASA in collaboration with NPA and NSC with support from the Federal Ministry of Marine and Blue Economy in recognition of the important, often hazardous job of dockworkers as well as raise awareness about Dockworkers.

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Nigeria Needs Cheap, Reliable Energy—Seplat

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By Faridat Yusuf

Seplat Energy says Nigeria needs cheap, reliable, and easy-to-get energy for everyone as the population is estimated to reach 237 million by 2025 and 400 million by 2050.

The Chief Operating Officer of the energy firm, Mr Samson Ezugworie, speaking at the 43rd NAPE Conference in Lagos, said, “The imperative before us is clear. We must build a prosperous Nigeria, and we can only do that with affordable and reliable energy that is accessible to all.”

The COO, in a statement issued by company’s Manager for Corporate Communications, Mr Stanley Opara, said over 70 million Nigerians still have no electricity and 170 million people use wood or other biomass for cooking, which is bad for homes and the environment.

“Today, more than 70 million Nigerians still lack access to electricity. More than 170 million people rely on biomass for cooking, and that’s terrible for the environment and for our households. And with Nigeria’s population projected to reach 237 million by 2025 and 400 million by 2050, the urgency to act is undeniable, because today’s problems will become far worse if we don’t take action now to solve them.”

“We will have 160 million more people to feed and house, and we need to create 100 million new jobs. But imagine what Nigeria can achieve if we do?” he queried.

He noted that Seplat Energy was working to produce more oil and gas. They are fixing wells, delivering gas from the ANOH Plant, and sending LPG from Sapele Plant.

“Our progress on gas initiatives like anoh, sapele, and lpg shipments is a testament to our commitment to nigeria’s prosperity. these projects are not just about energy; they are about transforming lives and powering nigeria’s development,” Mr Ezugworie said, adding that Nigerians should manage Nigeria’s resources and work with communities to build a stronger energy industry.

“We must also harness our huge reserves of gas and scale up gas and NGL production to expand domestic energy access, displace polluting imported generators, provide clean cooking for our people, and power our basic industries to support our national growth,” he said.

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NDLEA Teams Up With US, UK to Probe $235m Cocaine Shipment in Lagos

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By Adedapo Adesanya

The National Drug Law Enforcement Agency (NDLEA) is working with its US and British counterparts to investigate the origins of a $235 million cocaine shipment seized at Tincan Port in Lagos, in one of the country’s largest drug seizures.

NDLEA said in a statement signed by its spokesman, Mr Femi Babafemi, on Tuesday that it was working with the US Drug Enforcement Administration (DEA) and the UK’s National Crime Agency (NCA) to investigate after 1,000 kg of cocaine was discovered in an empty container at a terminal in Tin Can over the past weekend.

PTML operators, who noticed the consignment in an empty container, invited port stakeholders, including the NDLEA, Customs, and other security agencies, for a joint examination.

The drugs were formally handed over to the NDLEA on Tuesday after tests confirmed the substance was cocaine.

“After field tests confirmed the shipment to be cocaine, the consignment was formally transferred to NDLEA custody for further investigation on Tuesday, 11 November 2025,” Mr Babafemi said.

The operation followed collaborative engagements between NDLEA Chairman/CEO Mr Mohamed Buba Marwa and the Comptroller General of Customs, Mr Adewale Adeniyi.

“Due to the large quantity of the recovered Class A drug, valued at over $235 million (approximately N338 billion) on the international market, and the global dimension of the cocaine cartel, I directed that our leading international partners be involved in the investigation,” Mr Marwa said.

He revealed that officers from the US-DEA and UK-NCA have already joined the probe, focusing on ensuring all aspects of the operation are covered and that the masterminds behind the consignment are brought to justice worldwide.

“The essence of collaborating with our international partners on this case is to ensure no stone is left unturned, so that every perpetrator of this massive consignment is held accountable, wherever they are located,” Mr Marwa added.

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