News

Shareholders associations knock Kogi Govt, say action on Dangote Cement, dangerous for investment

Published

3 years ago

October 9, 2022

Aliko Dangote

Group of Shareholders Associations in Nigeria have urged the Federal Government to urgently intervene and prevail on the government of Kogi State to stop further harassment of investors in Kogi State.

They described as barbaric the use of thugs to embarrass investors, such as meted out on Dangote cement and other companies located in Kogi State, noting that such unsavoury development will strongly discourage both local and foreign investments into the country.

It would be recalled that the Government of Kogi State last week, at the instance of the state governor, Yahaya Bello, invaded Dangote Cement, Obajana plant with over 500 armed members of the state’s security outfit, the Vigilantes, shot 27 staff and wounded several others.

President of the Association for the Advancement of the Rights of Shareholders, Dr. Umar Faruk, while speaking on the development criticised the State Government for being so insensitive to its populace, thousands of whom are depending on the Dangote Obajana plant for their means of livelihood. He said it is unfortunate that someone who has championed investment, worth billions of Naira into a state in Nigeria, is being treated this way.

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He called on the Federal Government to, as a matter of urgency, caution the Governor of Kogi State to be more civilized and professional in its dealing with Investors in the State. According to him: “Why should the governor of a state in Nigeria, mobilized vigilantes to seal a publicly quoted company? The same Governor did exactly the same thing to First Bank, making the bank close some of its branches in the state. Is that not executive rascality, using the state assembly to commit such an atrocious act?

“Federal Government should swing into action by protecting investors, else, the efforts being made to attract both foreign and local investors will come to naught. I hope the state realizes that Dangote Cement has foreign shareholders. What impression do you want these people to have of our government? I also urge the Federal Government to fish out those thugs, used by the State, for prosecution, so as to serve as a deterrent to others…This action will lead to loss of revenue, even for the Government, in terms of taxes, and erode the shareholder’s value.”

In the same vein, founder of the Independent Shareholders Association of Nigeria (ISAN) and President of Boys Brigade Nigeria (BBN), Sir Sunny Nwosu said a reasonable state government would have gone to court against any publicly quoted company rather than resort to a barbaric and ruthless method of chasing workers with guns and cutlass in the civilized age.

“What the Kogi State Government did, honestly was very bad and disappointing. How can a state use vigilante with guns and cutlasses against a company that is feeding thousands of its people? A reasonable government should have gone to Court and not taken laws into its hands.

“This action is bad and will smear the image of both the Federal and State government. It will also affect the ranking of ease of doing business in Nigeria. Kogi is blessed with so many natural resources, but with the attitude of this government, I doubt if any reasonable investor, either local or foreign, will want to do anything with the state anymore”

The President, Pragmatic Shareholders Association, Mrs. Bisi Bakare said: “As an investor, we are not happy about the way things are going. If the State has problems with Dangote Cement on tax issues or any issue at all, there are a far better-civilized ways of handling it than sealing a factory that is contributing more than 30 percent of the cement Nigerians are consuming.

“The governor should realize that his position is transient and that the people of his state, whom he has deprived their means of livelihood will always remember him for bad! Can you imagine the number of people that will be out of jobs and the huge revenue loss to the government, the company, and us, the shareholders? The state, to me, has done a very grave mistake and the earlier the company is re-opened the better.”

Recalled that the Organised Private Sector (OPS) operators under the aegis of the National Association of Chambers of Commerce, Industries, Mines and Agriculture (NACCIMA) have lent its voice to the ongoing spat between Dangote Cement and Kogi state government which culminated into the closure of the Obajana plant of the Cement company.

NACCIMA expressed regret that the issues between the company and the state over tax disputes ought not to have led to sealing of the company but should have been resolved in a conciliatory and amicable atmosphere.

The body, in a statement signed by its Director-General, Olusola Obadimu, and issued in Lagos, said the state government should have trodden a path of caution and called for the immediate reopening of the factory for normal production activities to resume.

Obadimu stated that NACCIMA’s position was based on some key considerations bordering on the impact of the factory’s closure on the economy and thousands of people whose means of livelihood depend on the production activities of the factory.

“It is vital to note that it is a huge production plant that supplies key domestic input (cement) into the economy and employs hundreds of thousands of Nigerians, directly and indirectly. This is aside from its substantial budget for corporate social responsibility outside of taxes.

“Shutting off the factory does not necessarily help the controversial issue of compliance on tax remittable to Kogi state government. Rather a continuous operation of the plant

News

Ambassadorial Posting: FFK, Reno Posted to Germany, Mexico

Published

5 hours ago

March 6, 2026

Nigerian Tracker

By Yusuf Danjuma Yunusa

President Bola Ahmed Tinubu has approved the postings of 31 career and 34 non-career ambassadors to various countries and the United Nations.

In the list which was released by Bayo Onanuga, Presidential spokesman, on Friday afternoon, a total of 65 ambassadors and High Commissioners were posted across the country.

The Senate confirmed the ambassadors-designate last December last year.

Former Chairman of the Independent National Electoral Commission (INEC), Mahmud Yakubu, was posted to Qatar, Femi Fani-Kayode was posted to Germany, while Reno Omokri was posted to Mexico.

Senator Jimoh Ibrahin was posted to the United Nations; former Chief of Army Staff and Minister of Interior, Abdulrahman Dambazau was posted to China, while ex-Governor Okezie Ikpeazu is the new ambassador to Spain.

Below is the list:

POSTINGS OF NON-CAREER AMBASSADORS / HIGH COMMISSIONERS

S/N NAME MISSION APPROVED
1. SENATOR GRACE BENT: LOME-TOGO
2. SEN. ITA ENANG: SOUTH AFRICA
3. IKPEAZU VICTOR: SPAIN
4. NKECHI LINDA UFOCHUKWU: TEL-AVIV, ISRAEL
5. MAHMUD YAKUBU: QATAR
6. PAUL OGA ADIKWU: THE VATICAN CITY HOLY SEE
7. VICE ADMIRAL IBOK-ETE EKWE IBAS: THE PHILIPPINES
8. MR. RENO OMOKRI: MEXICO CITY, MEXICO
9. HON. (ENGR.) ABASI BRAIMAH (FMHR): BUDAPEST, HUNGARY
10. MRS. ERELU ANGELA ADEBAYO: PORTUGAL
11. BARR. OLUMILUA OLUWAYIMIKA AYOTUNWA: TOKYO, JAPAN
12. RT. HON. UGWUANYI IFEANYI LAWRENCE: ATHENS, GREECE
13. BARR. CHIOMA PRISCILLA OHAKIM: WARSAW, POLAND
14. AMINU DALHATU: UNITED KINGDOM, UK
15. LT. GEN ABDULRAHMAN BELLO DAMBAZAU: BEIJING, CHINA
16. HON. TASIU MUSA MAIGARI: GAMBIA
17. OLUFEMI PEDRO: AUSTRALIA
18. BARR. MUHAMMED UBANDOMA ALIYU: ARGENTINA
19. LATEEF KAYODE ARE: USA
20. AMB. JOSEPH SOLA IJI: RUSSIA
21. SEN. JIMOH IBRAHIM: UN PERMANENT REPRESENTATIVE
22. FEMI FANI KAYODE: GERMANY
23. PROF. ISAAK FOLORUNSO ADEWOLE: OTTAWA, CANADA
24. AJIMOBI FATIMA FLORENCE (F): AUSTRIA
25. MRS. LOLA AKANDE (F): SWEDEN
26. AYODELE OKE: FRANCE
27. YAKUBU N. GAMBO: SAUDI ARABIA
28. SENATOR PROF. NORA LADI DADUUT: SEOUL, SOUTH KOREA
29. BARR. ONUEZE CHUKWUJIKA JOE OKOCHA SAN: DUBLIN
30. DR. KULU HARUNA ABUBAKAR: TUNIS, TUNISIA
31. RT. HON. JERRY SAMUEL MANWE: PORT OF SPAIN, T&T

POSTINGS OF CAREER AMBASSADORS / HIGH COMMISSIONERS LIST

S/N NAME MISSION APPROVED
1. AMB. NWABIOLA EZENWA CHUKWUMEKA: COTE D’IV/OIRE
2. BESTO MAIMUNA IBRAHIM: NIAMEY-NIGER
3. MONICA OKWUCHUKWU ENEBECHI: SAO TOME, STP
4. AMB. MOHAMMED MAHMUD LELE: ALGIERS-ALGERIA
5. ENDONI SYNDOPH PAEBI: OUAGADOUGOU-BURKINA FASO
6. AHMED MOHAMMED MONGUNO: CAIRO EGYPT
7. AMB.JANE ADAMS (NEE OKON) MICHAEL (F): KINGSTON-JAMAICA
8. AMB. CLARK-OMERU ALEXANDRA (F): LUSAKA-ZAMBIA
9. CHIMA GEOGGREY LIOMA DAVID: BAMAKO-MALI
10. AMB. ODUMAH YVONNE EHINOSEN: MALABO –E/GUINEA
11. AMB WASA SEGUN IGE: BEIRUT, LEBANON
12. RUBEN ABIMBOLA SAMUEL (F): ROME, ITALY
13. AMB.ONAGA OGECHUKWU KINGSLEY: MAPUTO, MOZAMBIQUE
14. AMB.MAGAJI UMAR: KINSASHA, DR CONGO
15. AMB.MUHAMMAD SAIDU DAHIRU: NEW DELHI-INDIA
16. AMB. ABDUSSALAM HABU ZAYYAD: DAKAR-SENEGAL
17. AMB SHEHU ILU BARDE: ACCRA GHANA
18. AMB.AMINU NASIR: ETHIOPIA
19. ABUBAKAR MUSA MUSA: N’DJAMENA, CHAD
20. AMB. HAIDARA MOHAMMED IDRIS: THE HAGUE-NETHERLANDS
21. AMB.BAKO ADAMU UMAR: RABAT-MOROCCO
22. AMB. SULU GAMBARI OLATUNJI AHMED: MALAYSIA
23. AMB.ROMATA MOHAMMED OMOBOLANLE (F): TANZANIA
24. AMB. SHAGA JOHN SHAMAH: BOTSWANA
25. SALAU, HAMZA MOHAMMED: TEHRAN, IRAN
26. AMB.IBRAHIM DANLAMI: KENYA
27. IBRAHIM ADEOLA MOPELOLA (F): COTONOU-BENIN
28. AMB.AYENI ADEBAYO EMMANUEL: BRUSSELS, BELGIUM
29. AMB.AKANDE WAHAB ADEKOLA: BERNE-SWITZERLAND
30. AMB. AREWA (NEE ADEDOKUN) ESTHER (F): WINDHOEK-NAMIBIA
31. AMB.GERGADI JOSEPH JOHN: LIBREVILLE-GABON
32. AMB. LUTHER OGBOMODE AYO-KALATA (F): SIERRA LEONE
33. DANLADI YAKUBU NYAKU : KHARTOUM-SUDAN
34. BELLO DOGON-DAJI HALIRU: BANGKOK, THAILAND

The statement added that the Ministry of Foreign Affairs has already received agreement from the United Kingdom for the High Commissioner-designate, Ambassador Aminu Dalhatu.

Similarly, France has sent the agreement for Ambassador Ayo Oke.

It added that the Ministry has also conveyed the nominations of the other 62 designated envoys to all the countries concerned, including a request for their agreements in line with standard diplomatic practice.

News

FG Launches N250 Billion Single-Digit Loan Scheme for Smallholder Farmers

Published

5 hours ago

March 6, 2026

Nigerian Tracker

By Yusuf Danjuma Yunusa

The federal government has launched a N250 billion credit facility for smallholder farmers, channeled through the Bank of Agriculture (BOA) to provide much-needed access to credit at a single-digit interest rate. The initiative is designed to bolster agricultural productivity and enhance food security across the nation.

Minister of Agriculture and Food Security, Abubakar Kyari, disclosed this during the Quarterly Citizens and Stakeholders Engagement Session held on Friday in Abuja. He explained that a key priority for the ministry involves strengthening agricultural insurance and finance mechanisms by leveraging institutions such as the Nigerian Agricultural Insurance Corporation (NAIC), the National Agricultural Quarantine Service (NAQS), the Bank of Agriculture (BOA), and the National Agricultural Development Fund (NADF).

In the past two years, the Nigerian Agricultural Insurance Corporation has provided risk cover worth N700 billion to 199,275 farmers, generating N2.43 billion in premium income while paying out N200 million in claims to enhance farmers’ resilience. The newly announced credit facility aims to build on such efforts by supporting food production, improving mechanisation, and creating sustainable livelihoods.

The Minister emphasised that the ministry’s overarching mission is to accelerate growth in the agricultural sector by boosting productivity and creating economic opportunities. He described the stakeholder engagement session as a critical step toward ensuring transparency and incorporating public feedback into government programmes.

Over the last two years, several initiatives have been implemented to strengthen the agricultural sector. These include the distribution of more than 1.9 million bags of fertilisers to nearly one million farmers, alongside 12,000 litres of organic fertilisers to promote sustainable soil management.

To combat the circulation of counterfeit fertilisers, the government has prosecuted offenders, constructed a National Reference Laboratory, and upgraded the National Fertiliser Management Platform to enhance quality control and transparency. Additionally, 109 fertiliser inspectors and over 329 industry stakeholders have received training on regulatory compliance.

International collaborations have also been established with Russia, Türkiye, India, and Canada to facilitate technology transfer and improve fertiliser production capacity. More than 3,500 farmers have been trained on organic fertilisers and soil management techniques to encourage sustainable agricultural practices.

The Agricultural Research Council of Nigeria (ARCN) has been driving transformative change through research and development, focusing on crop production and varietal improvement. The council has distributed 40 million cocoa seedlings aimed at revitalising the nation’s cocoa industry, supporting long-term plantation development and boosting export potential.

Meanwhile, the National Agricultural Development Fund (NADF) has recorded significant milestones over the past two years in advancing the agricultural sector.

Minister of Information and National Orientation, Mohammed Idris, described the engagement forum as a reflection of President Bola Tinubu’s governing philosophy rooted in transparency, participation, and accountability.

He stressed that governance must remain open and responsive to the people, adding that his ministry is committed to bridging the gap between policy decisions and public awareness. “Communication is not propaganda; it is accountability,” he said, noting that citizens should be well-informed and given the opportunity to provide feedback on government initiatives.

In his opening remarks, Permanent Secretary of the Ministry of Agriculture and Food Security, Marcus Ogunbiyi, underscored that transforming Nigeria’s agricultural and food systems is not merely an aspiration but an urgent national imperative.

News

National patron, Moss Andishu condoles SWAN over the demise of two prominent sports journalists

Published

5 hours ago

March 6, 2026

Nigerian Tracker

By Abdulgafar Oladimeji

The national patron of the Sports Writers Association of Nigeria, SWAN, Moses Andishu has commiserate with the Nigerian sporting press over the death of two prominent Nigerian sports writers.

It would be recalled that, Tonex Chukwu and Niyi Oyeleke breath their last within the span of 24 hours.

Tonex served as the image maker of two time back to back African club football champions, Eyimba fc International of Aba.

Late Niyi Oyeleke former SWAN Lagos chairman, NTA sports reporter , until his demise was a contributing member of the Super Sports crew.

Tonex Chukwu, who nursed injuries sustained from an auto crash, which occurred on 14th February 2026, finally passed away.

Moses Andishu in a press statement issued by his country director for Nigeria, Joseph Andishu, on Wednesday evening in Kaduna, said “ with an heavy heart I send this condolence message to SWAN to offer you comfort, expressing my sympathy, and honor to the deceased veteran comrades , Late Tonex Chukwu and Niyi Oyeleke.

“ at this moments of grief, I offer my love, and support to my SWAN family, I am so sorry for your loss. You are in my thoughts and prayers.

“I am sending strength and love to all sports writers in Nigeria. My deepest condolences .

“I was so saddened to hear about the passing of Tonex Chukwu and Niyi Oyeleke. Within the span of hours in between they both transited to the great beyond .

“Words cannot express how sorry I am for the loss”.

“Sending you love and strength during this difficult times for the sports journalism fraternity in Nigeria.”

“may almighty God in His infinite mercies grant them eternal rest. Amen.”

“May the soul of all the departed, rest in peace .” Amen.