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Dangote’s Pan-African drive will benefit AFCFTA-Kano Chamber

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Emir Of Bichi At The Dangote Pavillion

 

 

The interim Chairman, Management Committee of the Kano Chamber of Commerce Industry Mines and Agriculture (KACCIMA) Mr. Aminu Ahmed has said that the pan-African drive shown by the Dangote Group will benefit the Africa Continental and Free Trade Agreement (AFCFTA).

Dangote has been consistent in the sponsorship of the Kano International Trade Fair.

Mr. Ahmed, who was speaking at the Dangote Special Day at the Kano International Trade Fair said the Pan-African company can drive the AFCFTA to success, through its presence in several African countries.

He said the industrialization of Africa is now paramount and that the Dangote Group should be rallied and commended for it belief in Africa.

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This is coming as the company was named the most consistent and supportive partner of the year.

He added that the Dangote Refinery will revive Nigeria’s status as the ‘Giant of Africa’.

The Dangote refinery is adjudged to be the Single-largest Train Refinery in the Word with the capacity to churn 650,000 barrels per day, BPD,

Mr. Ahmed added that the company is also helping Nigeria mitigate the ravaging poverty through job creation and corporate social interventions.

Speaking, the representative of the Dangote Group Aliyu Da’u Aliyu, said the company is desirous of setting the tone for Africa’s Industrialization hence it positive stance on AfCFTA.

“We are optimistic that AFCFTA will offer the long-awaited opportunity and make it easier for African businesses to trade within the continent and benefit from the huge African market of over one billion people.

He congratulated the Council Members for their recent appointments, and for organizing the 43rd edition of the Trade Fair, said to host no fewer than 50 foreign companies and 1000 local companies.

Earlier, the Emirs of Kano, Alhaji Aminu Ado Bayero; Bichi, Alhaji Nasiru Ado Bayero; Karaye, Alhaji Ibrahim Abubakar ll, and Gaya, Alhaji Aliyu Ibrahim Abdulkadir as well as District Heads visited the Dangote pavilion with their separate occasions and commended the Group for its contribution to economic growth.

Dangote’s business interests include cement, sugar refining, salt and seasoning, tomato and rice farming, Infrastructure, Real Estate, Packaging, Logistics, automotive, Training Academy, Oil, and Gas, and fertilizer, among others.

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FG proposes N47.9trn as the 2025 budget

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President Bola Ahmad Tinubu

 

The federal government has proposed N47.9 trillion as the total expenditure in the 2025 budget.

Atiku Bagudu, the minister of budget and economic planning, told journalists on Thursday, after the federal executive council (FEC) meeting presided over by President Bola Tinubu.

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Vaguely said the council approved the medium-term expenditure framework (MTEF) for 2025-2027.

He said the government pegged the crude oil benchmark at $75 per barrel and oil production at 2.06 million barrels per day (bpd)

The budget minister said the exchange rate was pegged at N1,400 per dollar, noting that the government is targeting a gross domestic product (GDP) growth rate of 6.4 percent.

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Government Declares Public Holiday

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Ondo state government has declared Friday a public holiday to enable civil servants and others to travel to various communities to exercise their civic responsibilities.

This was contained in a statement on Wednesday evening signed by O.F. Ayodele, Permanent Secretary, Office of the Head of Service.

The statement reads, “The 2024 Governorship Election in Ondo State has been scheduled by the Independent National Electoral Commission (INEC) to be held on Saturday, 16th November 2024.

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To this end, the Ondo State Government has declared Friday, 15th November 2024 as Work-Free Day for Public Servants in the State to enable them to travel to various communities to exercise their civic responsibilities.

“All Accounting Officers are to note the content of this Circular and disseminate same to all staff of their respective Ministries, Departments and Agencies.

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Atiku Has No Chance In PDP, Won’t Get 2027 Presidential Ticket ,Says Wike

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Nyesom Wike, Minister of the Federal Capital Territory (FCT), recently cast doubt on former Vice President Atiku Abubakar’s prospects of securing the Peoples Democratic Party (PDP) nomination for the 2027 presidential race.

During a live media interview on Wednesday in Abuja, Wike pointed out that Atiku’s policy proposals have been repeatedly presented to the Nigerian people and consistently dismissed by voters.

It can recalls that Atiku, the PDP’s presidential candidate in 2023, recently asserted that his administration would have provided relief from the current hardships faced by Nigerians under President Bola Tinubu.

Responding to this, Wike questioned the viability of giving Atiku another chance, saying, “Did he (Atiku) not present his blueprint to Nigerians? Did they choose him?”

“He is lobbying for another chance, but that chance will not be there. In which party? How can we rely on one individual for so many years?”.

Drawing an analogy with U.S. politics, Wike compared the decision-making process to American voters’ choices, emphasizing that citizens often prioritize the nation’s welfare when casting their ballots, regardless of individual opinions on candidates.

He suggested that while criticisms are part of the democratic landscape, the Nigerian public had assessed Atiku’s vision in 2023 and opted for a different path.

Politics Nigeria

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