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Nigeria will stop fuel importation by June – Dangote
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Nigeria will stop fuel importation by June – Dangote
Aliko Dangote, Africa’s richest person, has announced that Nigeria will cease importing petrol by June.
Speaking at the Africa CEO Forum Annual Summit in Kigali, Dangote revealed that his refinery will commence production next month, meeting Nigeria’s petrol needs and eliminating the need for imports.
“Right now, Nigeria has no cause to import anything apart from gasoline and by sometime in June, within the next four or five weeks, Nigeria shouldn’t import anything like gasoline; not one drop of litre,” he said.
The refinery will also produce diesel, aviation fuel, and other essential products, making Africa self-sufficient in these commodities.
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With a capacity of 650,000 barrels per day, the refinery will meet the demands of West Africa and beyond.
Dangote emphasized that the refinery will not only focus on petroleum products but also produce polypropylene, polyethylene, base oil, and linear benzyl, raw materials essential for producing detergents and other products.
This will reduce Africa’s reliance on imports and make the continent self-sufficient in these critical products.
Dangote expressed his optimism that within three to four years, Africa will no longer need to import fertilizers, as his refinery will produce urea, potash, and phosphate, meeting the continent’s needs.
The refinery’s second phase is set to begin early next year, further expanding its operations and impact on Africa’s energy landscape.
Nigeria will stop fuel importation by June – Dangote
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Executive Order: NAFDAC praises Tinubu for advancing drug and health security
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Executive Order: NAFDAC praises Tinubu for advancing drug and health security
The National Agency for Food and Drug Administration and Control (NAFDAC) has lauded President Bola Ahmed Tinubu for signing an executive order to strengthen drug and health security in Nigeria.
In a statement on Saturday, NAFDAC Director-General Prof. Moji Adeyeye highlighted that the executive order is designed to transform Nigeria’s health sector. The order focuses on increasing local production of healthcare products, reducing healthcare equipment and consumables costs, and promoting local investments.
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Prof. Adeyeye emphasized that this move paves the way for a sustainable and high-quality healthcare system for all Nigerians. She noted that the executive order demonstrates the administration’s dedication to transforming the health sector and aligns with the Nigeria Health Sector Renewal Investment Initiative (NHSRII) and the Presidential Initiative on Healthcare Value Chain (PVAC), which was approved in October 2023.
Prof. Adeyeye also mentioned that NAFDAC has been implementing measures to enhance the local manufacturing of drugs and other health commodities over the past six years. She stated that the Tinubu administration has created an environment where local manufacturers can excel and compete effectively.
Executive Order: NAFDAC praises Tinubu for advancing drug and health security
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Food Security: Saudi Arabia plans farm equipment manufacturing plants in Nigeria
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Food Security: Saudi Arabia plans farm equipment manufacturing plants in Nigeria
Senator Abubakar Kyari, the Minister of Agriculture, announced that Saudi Arabia has shown interest in establishing manufacturing plants in Nigeria for farming equipment.
Kyari disclosed this in a statement on his Twitter account on Saturday following a meeting with stakeholders from the Middle Eastern state. He highlighted that the objective is to enhance Nigeria’s agricultural sector through mechanization by locating these plants within the country.
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Additionally, Kyari mentioned that Saudi Arabia has committed to purchasing 200,000 metric tons of red meat annually from Nigeria and one million tons of soya. He emphasized that this initiative will bolster the agricultural sector and the nation’s production capacity.
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Release Nnamdi Kanu now, Peter Obi urges FG
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Release Nnamdi Kanu now, Peter Obi urges FG
The presidential candidate of the Labour Party in the last general election, Peter Obi, has called on the Federal government to release Nnamdi Kanu, the leader of the Indigenous People of Biafra (IPOB).
Speaking to journalists at his residence in Onitsha, Anambra State, Obi described Nigeria as being on the brink of failure and emphasized the importance of upholding the rule of law. He called on the Federal government to release Nnamdi Kanu promptly, citing court rulings that granted him bail.
“My take on Nnamdi Kanu is that I don’t see any reason for his continued detention, especially as the courts have granted him bail. The government must obey the court. The rule of law is an intricate asset that we must cherish and live with. I use this same opportunity to plead with the federal government to ensure that all those who are in similar conditions are released and discussed. We are in a democracy, and we should not be doing things that are arbitrary and not within the law.
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I want to use this opportunity to say that all those who are being held because of one protest or the other should be released. Whether it is freedom fighters, End Sars protesters, or even because of freedom of speech, be it journalists, let them all be released immediately.
We are a democratic country, and people have rights under the constitution to express themselves freely. They also have the right to peaceful protest, and we must listen to them. We must listen to those who say they are not happy, that is why it is a democracy. We should stop acting dictatorial and behave as if this is not a democratic country.” he said
Release Nnamdi Kanu now, Peter Obi urges FG
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