I didn't inherit any money from my father, built everything from scratch - Dangote – Newstrends
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I didn’t inherit any money from my father, built everything from scratch – Dangote

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3 months ago

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Billionaire businessman Alhaji Aliko Dangote

I didn’t inherit any money from my father, built everything from scratch – Dangote

Billionaire businessman Aliko Dangote has shared insights into how he built his business empire, emphasizing that he started from scratch despite being born into a wealthy family.

In a recent video, Dangote explained that he deliberately chose not to rely on inherited wealth. He began his career working with his uncle before venturing into his own business, initially focusing on trading cement.

Recognizing the enormous potential in Nigeria’s cement industry, driven by the country’s substantial infrastructural deficits, Dangote expanded his operations, eventually growing into one of Africa’s most successful business magnates.

Through hard work and innovative thinking, Dangote’s business empire grew exponentially, making him a self-made success story.

He added that he donated any inherited assets to charity.

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Dangote said: ““I came from a wealthy family. My late great-grandfather in the 1940s was actually the richest, you know, West African. My late grandfather was one of the wealthiest Nigerians, you know.

“The family name is Dantata. That’s from my maternal side. My father too, you know, was fairly rich, you know, but he was both, you know, in business and also in politics.

“But you know, David, one thing that I’m very, very proud of is that I did not inherit any money from my father. I built everything from scratch to where I am. Well, he lived in the world, but you know, I mean, whatever that I inherited from him, which means in assets, I gave that on to charity since then.

“I started work with my, you know, uncle, but this few months and then I went to Lagos and now I started my own business by just, you know, buying cement, selling. You know, it was just a very low-key business. The issue is that when you look at cement, cement is what builds infrastructure and we need a lot of infrastructural deficits.

“In Nigeria alone, we have about 17,000 deficit of housing and it is all over in, you know, Africa. So when we started cement in Nigeria, we realized that majority of it was actually imported and that is why we went in there, we started and it’s a long story.”

I didn’t inherit any money from my father, built everything from scratch – Dangote

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Delta State Police Arrest Suspects in Killing of Retired Justice Ifeoma Okogwu

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4 hours ago

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December 7, 2025

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Justice Ifeoma Okogwu

Delta State Police Arrest Suspects in Killing of Retired Justice Ifeoma Okogwu

The Delta State Police Command has made a significant breakthrough in the investigation into the murder of retired Justice Ifeoma Okogwu in Anambra State, arresting key suspects linked to the case.

Spokesperson SP Bright Edafe disclosed on Sunday that operatives of the Homicide Section of the State Criminal Investigation Department (CID), acting on credible intelligence, apprehended 25-year-old security guard Godwin Mngumi on 6 December 2025. Mngumi allegedly murdered the retired judge, and authorities also recovered the deceased’s mobile phone from him.

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According to Edafe, Mngumi confessed to inviting a friend, Nnaji Obalum, and another accomplice — who remains at large — to the residence where the crime was committed. Obalum has since been arrested, while a manhunt continues for the third suspect.

The arrests mark a major step forward in the effort to bring all perpetrators of the high-profile murder to justice.

Delta State Police Arrest Suspects in Killing of Retired Justice Ifeoma Okogwu

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Delta State Police Recover Arms, Arraign 18 Suspects in Crackdown on Cultism, Violent Crimes

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4 hours ago

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December 7, 2025

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Commissioner of Police, Delta State CP Olufemi Abaniwonda

Delta State Police Recover Arms, Arraign 18 Suspects in Crackdown on Cultism, Violent Crimes

The Delta State Police Command, led by Commissioner of Police CP Olufemi Abaniwonda, has made significant strides in its ongoing campaign against cultism and violent crimes. Recent operations, including an intelligence-led arms recovery in Abraka and the arraignment of 18 suspects, highlight the command’s intensified enforcement efforts across the state.

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Spokesperson SP Bright Edafe said on Saturday that the CP-Special Assignment Team (CP-SAT), under ASP Julius Robinson, executed a successful operation on December 6, 2025, targeting cult-related activities and the proliferation of illegal firearms. Acting on credible intelligence, officers conducted a coordinated search at No. 2 Umeghe Community, Abraka, the residence of Isiakpere Friday, 67.

The move underscores the Delta State Police’s commitment to restoring safety and security in communities affected by criminal and cult-related activities.

Delta State Police Recover Arms, Arraign 18 Suspects in Crackdown on Cultism, Violent Crimes

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Nigerian Army Suspends Retirements for Officers Amid Nationwide Security Emergency

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4 hours ago

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December 7, 2025

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Nigerian Army Officers

Nigerian Army Suspends Retirements for Officers Amid Nationwide Security Emergency

The Nigerian Army has temporarily frozen both statutory and voluntary retirements for certain officers, including Generals, following the nationwide security emergency declared by President Bola Tinubu. The decision aims to bolster manpower as the country faces a surge in kidnappings and worsening insecurity.

The move comes after more than 600 abduction cases were reported in November 2025, including the kidnapping of over 300 students in Niger State, 38 worshippers in Kwara State, and 25 students in Kebbi State.

An internal circular dated December 3 and signed by Maj. Gen. E. I. Okoro on behalf of the Chief of Army Staff cited provisions in the Harmonised Terms and Conditions of Service Officers (HTACOS) 2024, allowing service extensions “in the interest of the service.” The memo explains that officers usually retire upon reaching age limits, completing 35 years of service, or failing promotion/conversion boards, but these rules can be overridden during national emergencies.

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The suspension affects officers who have:

  • Failed promotion examinations three times
  • Been passed over repeatedly at promotion boards
  • Reached rank age limits
  • Failed conversion boards thrice
  • Completed 35 years of service

Officers granted extensions will remain in service but will not be eligible for further promotions, courses, secondments, or extra-regimental appointments. Those unwilling to continue can still proceed with standard exit procedures.

Commanders have been instructed to communicate the directive and manage morale across units, with the policy to be reviewed once national security conditions improve.

Nigerian Army Suspends Retirements for Officers Amid Nationwide Security Emergency

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