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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.

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.

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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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Kano Task Force Arrests 380 Suspects, Secures Over 230 Convictions in Two Months

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The Kano State Multi-Agency Task Force on Drug Abuse and Illicit Trafficking says it has arrested more than 380 suspects and secured over 230 convictions within two months of its inauguration, as part of intensified efforts to combat drug abuse, illicit trafficking, thuggery and other related crimes in the state.

Chairman of the Task Force, Barrister Muhuyi Magaji Rimin Gado, disclosed this on Tuesday,while briefing journalists on the activities and achievements of the committee since its inauguration on July 22, 2026. The task force was established as part of the Kano State Government’s response to substance abuse and drug-related criminal activities.

According to Rimin Gado, the committee has conducted a series of joint enforcement and dislodgment operations targeting drug joints, criminal hideouts and locations where youths allegedly gather to abuse illicit substances before engaging in activities including thuggery, phone snatching and other crimes.

Rimin Gado said the operations covered several identified black spots in Kano metropolis, including Race Course, Filin Idi, Filin Mahaha, Tashar Rami, Kawo and Tashar Rimi, among other locations.

The Task Force chairman said the operations resulted in the arrest of more than 380 suspects and the recovery of assorted substances, including Cannabis Sativa, Exol-5, Diazepam, Pentazocine injection, Tramadol, Pregabalin capsules, Rubber Solution and other substances identified by the task force as being abused illicitly.

He said the committee also recovered locally made weapons from some of the locations, including knives, cutlasses, daggers, clubs and other offensive weapons allegedly used by suspected drug dealers and members of criminal groups.

Rimin Gado said the recovery of the weapons was significant because some of the suspects allegedly used them to intimidate residents, commit crimes and resist arrest during enforcement operations.

 

The Task Force chairman also disclosed that about 870,000 capsules of Pregabalin were seized from a pharmaceutical company in the state over suspected diversion of the controlled substance for illicit use.

According to Rimin Gado, the circumstances surrounding the discovery raised concerns about compliance with federal and state regulations governing pharmaceutical warehouse operations and the distribution of controlled medicines.

He therefore called on pharmaceutical companies, pharmacy managers, superintendent pharmacists and other personnel in the pharmaceutical supply chain to strengthen their internal controls and ensure that controlled medicines do not find their way into illicit markets.

Rimin Gado warned that the Task Force would investigate anyone found culpable in the diversion of controlled drugs, stressing that legitimate pharmaceutical businesses must cooperate with inspections and inquiries.

The chairman further disclosed that more than 230 convictions had already been secured from cases handled by the Task Force since its inauguration.

He cited the conviction of two men, Kabiru Isa, popularly known as Mada, and Usman Hamisu, also known as Mani, over their alleged involvement in exposing 43 underage children to intoxicating substances.

The two men were previously reported to have been sentenced by Magistrate Muhammad Alhaji Sani of Magistrate Court No. 44, Gwammaja, Kano, after being convicted of offences including criminal conspiracy, membership of an unlawful society and administering intoxicating substances.

Rimin Gado said the 43 children, many of whom were involved in street scavenging, were allegedly supplied with Rubber Solution and other intoxicating substances instead of being properly paid for their work.

He said the children had been rescued and subjected to medical examinations, counselling and treatment, while efforts were ongoing to trace their families.

The chairman said some of the children’s families had already been identified and reunited with them, while the rehabilitation and reintegration process for others was continuing.

 

Rimin Gado also disclosed what he described as a landmark case involving alleged illegal administration and distribution of Pentazocine.

According to him, the Task Force acted on a complaint concerning the alleged administration of Pentazocine to a 63-year-old woman by former Chairman of Rogo Local Government Area, Yahuza Musa.

He said the allegation was further corroborated by a 24-year-old man who claimed to have spent more than N10 million and a plot of land to purchase the same injection from the former local government chairman.

Rimin Gado said the former chairman had subsequently been charged before a competent court, where the case remains pending.

 

The chairman said the Task Force had also intensified its campaign against the activities of criminal gangs popularly referred to as Daba, with several suspected gang members arrested and convicted.

Rimin Gado identified some of those convicted as Abdullahi Ahmad, popularly known as Horror; Abubakar Sada, also known as Daburi; Abdullahi Sani, known as Sarki Ale; and Umar Aliyu, among others.

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He said some suspected gang members had used social media platforms to allegedly glorify or encourage thuggery and violence, adding that the Task Force would continue to pursue individuals involved in such activities.

Rimin Gado said the convictions were intended to demonstrate that drug abuse, gang activities and violent thuggery would be treated as criminal matters requiring enforcement and prosecution.

The chairman also announced a breakthrough in the investigation of a phone-snatching syndicate known as ‘Yan Liya, which allegedly uses commercial tricycles, popularly called Adaidaita Sahu or Keke Napep, to steal mobile phones from members of the public.

According to Rimin Gado, the Task Force arrested a suspect linked to the syndicate, secured his conviction and obtained the forfeiture of a tricycle allegedly used in the commission of the crime.

He said the suspect reportedly confessed that he could not count the number of phones allegedly stolen by the syndicate.

Rimin Gado further alleged that some owners of the tricycles used by the syndicate were aware of the criminal activities of their riders and sometimes demanded higher payments because of the proceeds generated from the illicit operations.

The chairman therefore urged members of the public to exercise caution when using commercial tricycles and warned owners against knowingly allowing their vehicles to be used for criminal activities.

He said the Task Force would pursue not only individuals involved in criminal activities but also the instruments allegedly used to commit the offences, including vehicles, where the law permits forfeiture.

Beyond arrests and prosecutions, Rimin Gado said the Task Force was combining enforcement with prevention, treatment and rehabilitation.

He said about 125 people had been referred to the Kano Reformatory Institute in Kiru for rehabilitation as part of efforts to address substance abuse as a problem requiring treatment and recovery rather than enforcement alone.

The Task Force had earlier announced plans to establish additional rehabilitation facilities and engage stakeholders in prevention and treatment programmes across the state.

Rimin Gado said the committee had also embarked on sensitisation programmes involving communities, religious institutions, schools, markets and other stakeholders to educate residents about the dangers associated with drug abuse.

 

The chairman said the growing demand for rehabilitation had placed significant pressure on the Kano State Reformatory Institute in Kiru, which he said had reached capacity.

According to Rimin Gado, Governor Abba Kabir Yusuf had provided an additional facility in Tofa Local Government Area to serve as an extension of the rehabilitation infrastructure.

He said the facility would be equipped and put into operation to accommodate people seeking treatment and rehabilitation, particularly as more families were voluntarily bringing relatives affected by substance abuse for assistance.

Rimin Gado said the broader objective of the intervention was to take 10,000 youths off the streets, rehabilitate them, provide skills acquisition opportunities and support their eventual reintegration into society.

He said the Task Force was engaging industrial stakeholders and other relevant organisations on strategies for creating employment and productive opportunities for youths who complete rehabilitation.

According to him, the objective is to ensure that rehabilitated youths return to their communities with useful skills and opportunities that can reduce the risk of relapse and re-engagement in criminal activities.

The proposed 10,000-person intervention is consistent with earlier statements by the Task Force that its strategy would combine enforcement with detoxification, rehabilitation, skills acquisition and economic reintegration.

 

Rimin Gado attributed the progress recorded by the Task Force to the cooperation among security, law enforcement, government and community-based institutions working under the multi-agency framework.

He specifically appreciated personnel from the National Drug Law Enforcement Agency, Nigeria Police Force, Department of State Services, Nigeria Security and Civil Defence Corps, Nigeria Customs Service, Nigerian Correctional Service, KOSSAP, Vigilante groups, Hisbah and KAROTA for their participation in the operations.

The chairman said the multi-agency structure was designed to reduce inter-agency rivalry and improve intelligence sharing, joint operations and coordinated responses to drug abuse and associated criminal activities.

Governor Abba Kabir Yusuf had, at the inauguration of the Task Force in July, directed the committee to coordinate intelligence gathering, enforcement, public enlightenment, rehabilitation and collaboration among relevant agencies.

Rimin Gado also acknowledged the contributions of non-governmental organisations, civil society groups, traditional institutions, religious organisations and the media to the campaign against drug abuse.

He appealed to residents to provide timely and relevant information to the Task Force and other security agencies on drug trafficking, criminal hideouts and activities that threaten public safety.

The chairman said the Task Force’s activities were in line with Governor Yusuf’s objective of achieving a drug-free Kano under his administration’s “Kano First Agenda.”

Rimin Gado expressed appreciation to Governor Yusuf for what he described as the political will and institutional support behind the establishment of the Task Force, saying the administration’s approach had brought several agencies together under a common framework to confront drug abuse, illicit trafficking and related criminal activities.

The Kano State Government inaugurated the multi-agency task force on July 22, shortly after the governor signed an executive order aimed at tackling substance abuse, thuggery and related criminal activities across the state.

The Task Force chairman said the committee would sustain its enforcement, prevention, rehabilitation and reintegration programmes, with the stated objective of making Kano safer while providing vulnerable youths affected by substance abuse with opportunities to recover, acquire skills and return to productive community life.

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Uromi Killings: Human Rights Group Demands Explanation Over N6m Given to Kano Victims’ Families

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Comrade Ayagi

 

 

The International Human Rights Network has demanded clarification from the Kano State Government over the reported N6 million given to families of Kano hunters killed during the Uromi killings in Edo State.

The organisation wants Governor Abba Kabir Yusuf to explain whether the money was paid as compensation for the lives lost or was merely financial support to the bereaved families.

The coordinator of the International Human Rights Network, Comrade Haruna Ayagi, made the demand while addressing journalists in Kano, saying the families deserve transparency from the government on the nature and purpose of the payment.

Ayagi said the Kano Government should make the matter public and clearly communicate to the affected families whether the N6 million represents compensation, humanitarian assistance or another form of government intervention.

“We are drawing the attention of the government to be transparent. We want the government to do something and let it be open. They want an explanation of the N6 million given to them, whether it is compensation,” Ayagi said.

while those who sustained injuries were reportedly given N1.8 million each.

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The human rights activist said the government should not stop at providing financial support but should also follow up with the Edo State Government and other relevant authorities regarding possible compensation for the victims.

Ayagi specifically urged Governor Yusuf to establish the status of any compensation or diya that may be due to the families of those killed, saying the victims’ relatives need clarity on what they should expect.

“It is not only the support we want. We want the Governor to follow up and track from the Edo State Government whether it is diya or support,” Ayagi said.

The coordinator also recalled that the Kano State Government had previously sent the Commissioner for Information to visit the affected families during Eid-el-Fitr, when relief materials and financial assistance were distributed.

According to Ayagi, the families were given bags of rice and cash support ranging between N250,000 and N350,000.

He said such assistance was appreciated but should not be confused with compensation for the lives lost, stressing that the government should state clearly what the N6 million represents.

Ayagi said the families of the deceased remained entitled to information about the steps being taken by the authorities to pursue justice and address the consequences of the killings.

One of the bereaved family members, Bala Dutse Ahmadu, said his son was among those killed in the Uromi incident and left behind 11 children who are now struggling to cope with life without their father.

Ahmadu said the financial assistance provided by the government had offered some relief to the family, but maintained that the support could not erase the consequences of losing a breadwinner.

“My son lost his life during the Uromi killings. He left 11 children. We are now in hardship since he left,” Ahmadu said.

He said the family appreciated the support received but insisted that compensation for the life lost had yet to be adequately addressed.

According to Ahmadu, the affected families are also seeking justice, saying the payment of financial assistance alone does not resolve the circumstances surrounding the deaths.

The International Human Rights Network therefore called on the Kano State Government to publicly clarify the N6 million payment and intensify its engagement with the Edo State Government and other relevant authorities on compensation and justice for the victims.

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President Tinubu Adds Days to Working Vacation, Returns at Weekend

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By Yusuf Danjuma Yunusa

President Bola Ahmed Tinubu will return to Nigeria this weekend after extending his working vacation in Europe by a few days, the State House announced Monday evening.

The President departed Nigeria on August 30 for London to begin the working vacation, which was initially expected to last three weeks. According to a statement issued by Bayo Onanuga, Special Adviser to the President on Information and Strategy, the President has since relocated to Paris, France, where he held meetings with French President Emmanuel Macron and businessman Mr. Vincent Bollore, whose media group includes Canal+, Multichoice, and Universal Music Group.

Despite his absence, the statement emphasized that President Tinubu has remained actively engaged with domestic affairs, particularly directing an independent panel to investigate the deaths of 37 illegal miners in Minna following their detention by the Nigeria Security and Civil Defence Corps.

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The President has delegated Vice President Kashim Shettima to represent him at official functions. However, Vice President Shettima departed Abuja on September 20 for New York to attend the 81st United Nations General Assembly. In his absence, Secretary to the Government of the Federation, Senator George Akume, will continue to represent the President at official engagements.

On the political front, the statement noted that Senator Abubakar Yari, Director-General of the Presidential Campaign Council (PCC), has been leading consultations with prominent traditional rulers across the country alongside other notable party leaders.

The extension comes as the President’s initial three-week vacation timeline elapsed, with the State House confirming he will now return to the country at the weekend.

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