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Forbes 2023 Index: Dangote Still Africa’s Richest for 12th Consecutive Year  

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Aliko Dangote

 

…Listed among world’s top 200 richest persons

For the 12th year consecutively, Aliko Dangote, President of the pan-African Conglomerate, the Dangote Group has emerged the richest man in Africa, despite economic headwinds that affected the fortunes of half of the world’s reported billionaires.

Dangote, whose business flagship, Dangote Cement Plc is the largest producer of cement in Africa, is the only Nigerian in the list of first 200 richest men in the world with an estimated net worth of $14.2 billion, up from last year’s $12.1 billion.

Forbes, in its latest ranking of world billionaires for 2023 reported that falling stocks, wounded unicorns and rising interest rates translated into a down year for the world’s wealthiest people.

Dangote, presently ranked 124th among the world’s richest billionaires, is the only Nigerian in the top 200 world billionaires and one of the two Africans within that bracket; with South Africa’s Johann Rupert, who deals in luxury goods ranked 157th with a net worth of $11.1 billion.

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The Africa’s richest man founded and chairs Dangote Cement, the continent’s largest cement producer. Dangote Cement has production capacity of 51.6 million tonnes per year across ten countries in Sub-Saharan Africa, with integrated factories in seven countries, a clinker grinding plant in Cameroon, and import and distribution facilities in Ghana and Sierra Leone.

Dangote also owns stakes in publicly traded Dangote Salt (NASCON) and Dangote Sugar manufacturing companies. His Dangote Petroleum Refinery, touted to be the world’s largest single-train refinery, was recently commissioned and is expected to process 650,000 bpd of petroleum for domestic consumption and export; in what experts have described as a game changer in the oil and gas sector.

The foremost philanthropist had earlier been rated 11th of the 50 World’ Greatest men and women of all time by the Fortune Magazine, an American multinational business magazine which premised the ranking of the world’s greatest mainly on the businesses run by the men and how they have used it to impact their society positively.

The time-tested magazine, which first edition was published in February 1930, said the world’s greatest men and women are transforming the world and inspiring others to do so in business, government, philanthropy and the arts. “These thinkers, speakers, and doers make bold choices and take big risks- and move others to do the same”, the magazine declared.

Specifically, Dangote earned nomination after being adjudged as having used his business to acquire wealth and is now converting his wealth into impactful philanthropy through his Aliko Dangote Foundation.

The top 10 greatest men and women, according to Fortune Magazine are: Bill and Melinda Gates, Jacinda Ardem, Robert Mueller, Pony Ma, Satya Nadella, Greta Thunberg, Margrethe Vestager, Anna Nimiriano, Jose Andres, and Dough Mcmillon and Lisa Woods.

 

The ranking of Dangote as one of the greatest business leaders had attracted comments by eminent persons around the world who described him as worthy of the nomination going by his business acumen and philanthropic gestures.

On the billionaires ranking for 2023, Forbes, the global media company said nearly half the world richest list are poorer than a year ago, including Elon Musk with net worth of $180b, falling from No. 1 to No. 2 after his pricey acquisition of Twitter helped sink Tesla, his multinational automotive and clean energy company.

Benard Arnault, the 74-year old French, who is the head of luxury goods giant LVMH, was ranked number one richest man in the world with a net worth of $211b, the very first time a France national will top the list.

Forbes reported that the party is over for many of the world’s richest people. For the second straight year, both the number of billionaires around the globe has declined from 2,668 in 2022 to 2,640 in 2023 and total billionaire wealth has dropped, too – down by $500 billion, to $12.2 trillion – as turbulent times have hit both public and private markets.

Nearly half the planet’s billionaires are poorer than they were a year ago. A total of 254 people have lost their billionaire status altogether yet others recorded gains.

Overall, the United States still boasts the most billionaires, with 735 list members worth a collective $4.5 trillion. China (including Hong Kong and Macau) remains second, with 562 billionaires worth $2 trillion, followed by India, with 169 billionaires worth $675 billion. To calculate net worths, Forbes used stock prices and exchange rates from March 10, 2023.

 

 

 

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Senator Barau mourns Galadiman Kano, attends burial in Kano

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Deputy President of the Senate, Senator Barau I Jibrin, has mourned an elder statesman, Galadiman Kano, Alhaji Abbas Sunusi Bayero, who died on Tuesday night.

The late prince, who is the father of the Kano State Chairman of the All Progressives Congress (APC), Prince Abdullahi Abbas, died at the age of 92 in Kano.

He held Galadiman Kano’s most senior title and had been a member of the Kano Emirate Council for several decades.

Senator Barau, in a statement by his Special Adviser on Media and Publicity, Alhaji Ismail Mudashir, described the deceased as an elder statesman par excellence whose contribution to the growth and development of Kano emirate and Kano State cannot be overemphasised.

He enjoined the family of the late prince to find solace in the fact that the deceased was a devout Muslim who spent his life and resources worshipping Allah SWT and assisting humanity.

” The demise of our father, Galadima Kano, is a great loss that creates a huge vacuum that cannot be easily filled. He played a pivotal role in the development and growth of the Kano emirate, Kano State and the entire north. We have lost a father, a mentor and a role model,” he said.

He prayed to Allah SWT to forgive his shortcomings, grant him Jannatul Firdaus, and give his family, associates, and the entire Kano emirate the fortitude to bear the loss.

” Our thoughts and prayers are with the immediate family of our late father, especially the chairman of our party, APC in Kano, Prince Abdullahi Abbas, Kano emirate, Kano State and all the members of the family. May Allah SWT grant him Jannatul Firdaus and give all those he left behind the strength to bear this loss,” he said.

The Deputy President of the Senate arrived in Kano around 9:40am today (Wednesday) and proceeded to the funeral ground at the Gandu cemetery in the Kano State metropolis.

 

 

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DSP Barau Jubrin’s donation sparks off crisis amongst Kano NLO clubs, Abba Gida Gida fc boss suspended

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By Abdulgafar Oladimeji

Nationwide League One, NLO clubs under the aegis of Nationwide League Clubs Kano Forum are engulfed in an affray over the intervention funds doled out to clubs affiliated to the Forum by Deputy Senate President, DSP senator Barau Jubrin.

Major sports platform were awash with the news of the good will by the senator representing Kano north, who had out of philanthropy resort to pay the 2025 NLO registration fees for the supposed member clubs affiliated to the forum.

The chairman, Abba Gida Gida football club , Mustapha Tiyya last Monday night fired the first salvo that ignited the dispute that is roaring to consume the forum.

Tiyya released a voice note on the official platform of the forum, where he accused the leadership of the forum of alleged breach of trust and cheating.

Tiyya who made the outburst in local parlance said “ the leadership of this forum has breached the trust of we members of this forum.

He further alleged that “ you the leaders of our forum travelled to Abuja to collect monetary donations from DSP Barau Jubrin, on our behalf, you betrayed our trust and also betrayed yourselves .

Mustapha accused the leadership of the forum of collecting N20 million from senator Barau, out of the amount collected he alleged that the sum of N4million was diverted to personal use by the forum’s exco .

Tiyya, who claimed to be speaking on behalf of the aggrieved NLO clubs, said their intention from now hence is to engage and expose the misdeeds by the leadership of the forum in what he described as the mother of all battles against injustice, and breach of trust.

“for years, we spent heavily to run our clubs, who gave us the money we have to use to run our clubs, now you went to Abuja to collect the donation on the behalf of us all and shared it in an unjustifiable manner.”

In a swift reaction, the Public relations Officer, PRO, Nationwide league Clubs Kano Forum, Ibrahim Usman Arzai, a.k.a Na’alungu dismissed the allegations as baseless and lacking in facts and substance.

He explained that the monies donated by senator Barau to the clubs was meant and was given to those clubs whose club league registration with the Nationwide league One, NLO is up to date.

Arzai said “ it is a law that once you fail to register with the league or let me put it that once you fail to meet your obligations to feature in the league for one season, you lose your registration and your validation to benefit from any gesture of such nature, in cases like the situation we found pursleves regarding the donation from DSP Barau Jubrin.” .

He pointed out that “ any club that did not benefit from the intervention funds from senator Barau Jubrin did not fulfill the requites to be considered , which includes having an up to date registration with the Nationwide League One. NLO.”

“20 clubs had failed to meet the requirements to benefit from the Barau largesse, because they failed to meet their obligations, such as failing to play in the league last season, the donor opted to consider only clubs that were up to date with their NLO registration.”

He affirm that, disciplinary measures have been slammed against Mustapha Tiyya the chairman of Abba Gida Gida football club , he said Tiyya allegedly resorted to the use of abusive language and committed acts that were considered as unsporting against the regulations that regulates the affairs of the forum.

Arzai then said “during the administration of governor Abdullahi Umar Ganduje, we received N96 million as support funds and it was shared equally to all Nationwide League clubs, this really helped the clubs , but since the coming of the current NNPP government under his Excellency, Engineer Abba Kabir Yusuf, we have written severally to his government to support us, two years down the lane, we have been rejected and dejected..

“this time we approached senator Barau, he came to our rescue and all the clubs that deserve to benefit from the intervention funds from DSP Barau have gotten theirs without political biase, including Kwanklwasiyya fc were given their share .”

“For Tiyya fc to now claimed that they were excluded due to biase or alliances is a ruse, I rather challenge those of them that have an NNPP or Kwankwasiyya alliances that they should proceed to convince the incumbent Kano state , NNPP government to support NLO clubs , as was the tradition before the arrival of the present Kano state government.” Arzzai stated.

It would be recalled that, Ismail Mudashir Special Adviser to the Deputy President of the Senate on Media and Publicity on Tuesday March 25, 2025, Senator Barau Jibrin had paid the NLO registration fees for 52 clubs in Kano .

DSP Barau is quoted saying ” Nothing is too much to engage our youths. I’m paying the registration fees for all the 52 clubs today. The more, the merrier. Let them all participate in the NLO. As a footballer and a midfielder while growing up, I know the importance of participating in competitions like this.

“Aside from my club – Barau FC, I will continue to support other clubs to succeed. Football has many benefits, and it is very lucrative. We know how footballers are building health facilities, educational institutions, and places of worship, among others,” said Barau Jubrin.

*… SAHEL SPORTS NEWS*

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Galadiman Kano Alhaji Abbas Sanusi Dies At 92

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The most senior councillor and oldest member of Kano Emirate Council, Abbas Sanusi, has died aged 92.

The late prince, who held the most senior title of Galadiman Kano, died on April 1 in Kano after a protracted illness.

Abbas Sanusi, who had been a member of the Kano Emirate Council since the late 50s, was first appointed as Sarkin Dawakin Tsakar Gida and the district head of Ungogo by his father, Emir Sanusi I, in 1959.

He became Dan Iyan Kano in 1962 during the reign of Emir Muhammadu Inuwa, and later during the reign of Emir Ado Bayero, became the Wambai of Kano.

He was elevated to the most senior title of Galadiman Kano during the first reign of his nephew, Emir Muhammadu Sanusi II.

Born in 1933 in Bichi, the late royal started his education at the Kofar Kudu Elementary School in 1944 and later attended the Kano Middle School (Rumfa College today) in 1948.

Among his children is Abdullahi Abbas, the present chairman of the Kano chapter of the All Progressives Congress, APC.

His funeral prayer will hold at Emir’s Palace, Kofar Kudu, Kano at 10am on Wednesday.

Daily Nigerian

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