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Halima Dangote: Family-Owned Businesses driving global economic success

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Family-owned businesses (FOBs) can continue to drive economic success, create value for shareholders, and positively impact their communities worldwide by staying true to their core values and adopting strategic practices that prioritise long-term growth, efficiency, and resilience. This was part of the submission made by Halima Aliko-Dangote, Group Executive Director of Dangote Industries Limited, during the Forbes Global CEO Conference in Bangkok, Thailand.

Halima, who is also the Executive Director, Family Office, spoke at the panel session on Family Business: Looking at the Next Frontier, opined that family-owned businesses have demonstrated exceptional resilience, navigating challenges and thriving over multiple decades.  Other speakers include Carolyn Choo, Managing Director and CEO of Worldwide Hotels; Rose Damen, Managing Director of Damen Yachting, third-generation family shareholder of Damen Shipyards Group; and Caroline Link, Co-Chairman of B.GRIMM Pharma, President of B. Grimm Joint Venture, and Board Member of B. Grimm Power.

She stated that  success in family-owned businesses starts with shared values, goals, governance policies and alignment adding that reputation is part of Family Capital. According to her, governance structure, adherence to core values, customer satisfaction, optimization of shareholder value, meritocracy, integrity, leadership, brand equity, diversification/growth, philanthropy and preserving generational wealth play key roles to the success of our businesses.

She opined that Dangote Group’s governance policies do not allow board and management to operate in silos as each business unit have at least three independent directors that will give a holistic view.

Speaking on other factors of success for Dangote Group, Halima emphasized, “We family-owned businesses have to stick to our tradition of asset rich-cash moderate or as my father will correct me, asset rich-cash poor. We as Dangote perpetuate a profitable business with strong values and strong governance structure. We make money while building our nation by contributing heavily to the global economy, creating massive jobs, thinking of our great grand kids and contributing  excessively to humanity.”

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Highlighting the significant contribution of FOBs to the global economy, Halima noted that studies by Mckinsey showed  that they account for more than 70% of global GDP, generate annual turnovers of between $60 trillion and $70 trillion, and provide around 60% of global employment. She stressed the crucial role these businesses play in creating jobs, sustaining communities, and driving development in sectors such as manufacturing, education, healthcare, and infrastructure across the world.

“Family-owned businesses (FOBs) have proven to be resilient, weathering challenges and thriving across multiple decades. Despite facing external pressures, many FOBs not only survive but also grow, contributing significantly to the global economy in ways that are often underestimated or overlooked,” she said.

She also pointed out that family-owned businesses often employ two key approaches in preparing the next generation for leadership roles: internal and external capacity building. Regarding internal capacity building, Halima explained that many families create internship programmes for young family members interested in taking over the business or assuming leadership positions.

In Nigeria, we  train the next generation so they can grow organically  to  leadership roles in family businesses. My dad’s approach is for you to start from ground up knowing you will get to leadership role if you work hard and do your job right. These experiences  make it easier for you to learn the ropes and be prepared for leadership role in the future,” she said.

On external capacity building, Halima discussed the practice of sending younger generations to work in non-family businesses. This approach enables them to acquire new skills, learn better processes, and gain diverse perspectives that can benefit the family business in the long run adding that she started her career as an Analyst at KPMG before joining Dangote Industries Limited.

The approach she explained “removes the familiarity tag as the young generation got employed as other people and supervised to monitor their performance. This has been a common avenue business families have chosen to pursue for many years, having their next generation spend three to five years working outside the family business before eventually joining with a new set of skills and business knowledge.”

Addressing the challenges of succession planning, Halima emphasised the importance of involving the younger generation in the business early on. She suggested that this creates a space for open communication, where the next generation can share their thoughts, ideas, and aspirations, while the senior generation provides critical information to help the next leaders make informed decisions.

She stressed the need for a balance between tradition and innovation in family-owned businesses. While tradition provides continuity and stability, she noted that innovation is vital to staying relevant and competitive in the modern marketplace.

“Successful family businesses recognise the need to adapt to changing consumer preferences, technological advancements, and market trends. Family businesses often have a wealth of experience and deep-rooted traditions. They can also benefit from external expertise and fresh perspectives,” she concluded.

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‎IITA Trains Over 1,800 Farmers on Modern Farming Techniques in Kano

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‎The International Institute of Tropical Agriculture (IITA), in collaboration with Nigeria’s Ecological Project Office (EPO), has trained more than 1,800 farmers in Kano State on modern farming techniques aimed at increasing crop yields and improving food production.
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‎The programme covered farmers from 16 local government areas in Kano South Senatorial District, equipping them with modern agricultural practices to improve farm productivity and address challenges associated with farming, particularly during the dry season.
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‎The training and demonstration of improved farming technologies took place in Hamdullahi community, Albasu Local Government Area, where farmers were introduced to improved crop varieties and other techniques for achieving higher yields.
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‎Speaking at the event, IITA Project Coordinator, Professor Lucky Omoigui, said the training was designed to enhance farmers’ knowledge of improved seed varieties and modern agricultural practices.
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‎He disclosed that more than 1,800 people had benefited from the programme, expressing optimism that the knowledge gained would encourage dry-season farming and boost food production.
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‎Omoigui urged the participating farmers to apply the knowledge acquired to improve their farming practices and increase crop yields.
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‎As part of the programme, the farmers visited demonstration farms, where they were shown modern techniques for cultivating crops, including cowpeas, maize, soybeans, groundnuts, sorghum and rice.
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‎Speaking on behalf of EPO, Bashir Ibrahim Umar said agriculture plays a vital role in poverty reduction and job creation, particularly for young people in Nigeria.
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‎He stressed the need for sustained farmer awareness campaigns and access to agricultural knowledge to encourage the adoption of modern farming technologies and improve livelihoods.
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‎Also speaking, Garba Ayuba, who represented the Chairman of Albasu Local Government Area, Garba Aliyu Hungu, expressed satisfaction with the programme and urged farmers to put the techniques they had learnt into practice.
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‎Similarly, the Gaya Zonal Director of the Kano State Agricultural and Rural Development Authority (KNARDA), Danjuma Uba, commended the farmers for their interest in learning modern agricultural practices.
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‎He emphasised that collaboration between agricultural development agencies and farmers was essential to ensuring the sustainable adoption of modern farming technologies.
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‎In his remarks, Alhaji Saidu Abdulkadir Hamdullahi, whose farm was used to demonstrate the improved crop varieties, said some people had previously doubted the possibility of achieving successful crop production during the dry season.
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‎However, he expressed surprise and delight at the results achieved on his farm, saying the experience had boosted his confidence in dry-season farming.
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‎He thanked IITA and its partners for the training, noting that the programme had improved farmers’ knowledge of seed planting, fertiliser application and other modern agricultural practices.
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‎According to him, the new knowledge would help farmers increase productivity and improve their income.
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‎The initiative forms part of broader efforts to strengthen the agricultural sector by encouraging farmers to adopt modern technologies to improve food production and reduce poverty in Nigeria, particularly in areas facing water shortages.

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IITA Technical Support through the Ecological Project Office to promote the best climate-smart agricultural practices around the dams to boost food production and increase the income of smallholder farmers in the Kano South Senatorial District

The International Institute of Tropical Agriculture (IITA) is collaborating with the Ecological Project Office (EPO) to leverage the Federal Government’s rehabilitation and expansion of irrigation infrastructure in the Kano irrigation project, covering Tiga Dam, Challawa Gorge Dam, and Kafin-Chiri Dam in the Kano South Senatorial District, to promote sustainable irrigation and dry-season farming to boost agricultural productivity and increase the income of smallholder farmers. The collaboration under the project “Community-based Engagement on Sustainable Agriculture and Biodiversity Restoration for the Kano Irrigation Scheme” is being implemented across the 16 Local Government Areas (LGAs) surrounding the dams (comprising Ajingi, Garko, Bunkure, Doguwa, Tudun Wada, Karaye, Gaya, Albasu, Kibiya, Rogo, Kiru, Wudil, Bebeji, Sumaila, Takai, and Rano), covering 155 communities.

The project interventions aim to boost year-round farming by combining irrigation with climate-smart practices to increase productivity and income, enhance food security, and improve the livelihoods of smallholder farmers. A total of 1,890 farmers, 20% of whom are women, have been trained in Integrated Soil Fertility Management (ISFM), climate-smart irrigation and water-harvesting technologies, and youth entrepreneurship in climate-smart agricultural practices across the 16 LGAs to enhance their resilience to climate-related vulnerabilities.

Participating communities have witnessed increased farming activities and improved access to and use of climate-smart agricultural technologies, contributing to increased productivity, income, and food security.

 

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Former Delta State Governor, Emmanuel Uduaghan, Dies At 71

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By Yusuf Danjuma Yunusa

Former Delta State Governor, Dr Emmanuel Eweta Uduaghan, has reportedly passed away at the age of 71.

Uduaghan, who led Delta State for two terms between 2007 and 2015, reportedly died on the morning of Monday, October 19, 2026.

His death was announced in a statement issued by the family and signed by Toju Anire Uduaghan on their behalf.

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The family described his passing as a painful loss, noting that his contributions and years of service left a lasting impact on individuals and communities across Delta State and Nigeria.

“He was a source of strength, a father figure, a beloved brother and uncle, and a respected elder. We will deeply miss his presence and forever cherish the memories and legacy he leaves behind,” the statement read.

Before becoming governor, Uduaghan served as Delta State Commissioner for Health from 1999 to 2003 and later held the position of Secretary to the State Government from 2003 to 2007.

He assumed office as governor in 2007 and spent eight years leading the state, with a focus on advancing human development and infrastructure.

While mourning their loss, the family expressed gratitude to God for his life and the service he rendered, while offering prayers for strength and comfort for those grieving his passing.

“Your memory will forever remain in our hearts, and your legacy will endure in the lives of those you touched,” the statement added.

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Astute Civil Society Raises Concern Over Exclusion of Gubernatorial Candidates

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The Astute Civil Society for Cultural and Humanity Development has expressed concern over the exclusion of some governorship candidates from the Independent National Electoral Commission’s (INEC) final list of candidates for the 2027 general elections, calling for transparency, fairness and a review of disputed cases.

Comrade Ibrahim Ali, who represented the organisation, stated this on Saturday while addressing journalists at the Nigeria Union of Journalists (NUJ) Secretariat, Kano, during a press conference on democratic principles, electoral fairness, the rule of law and peaceful coexistence.

Ali said the organisation was concerned about reports that several candidates had been omitted from INEC’s final list, including Kano State Deputy Governor Aminu Abdussalam Gwarzo and his running mate, Mustapha Rabiu Kwankwaso.

He said similar concerns had emerged in other states, particularly Gombe and Ogun, where the Peoples Democratic Party’s governorship candidates, Isa Ali Pantami and Oladipupo Adebutu, popularly known as Ladi Adebutu, alongside his running mate, were reportedly affected by the omissions.

According to Ali, the developments had attracted public attention and raised questions about the circumstances surrounding the affected candidates’ nominations and their exclusion from the final list.

The civil society organisation acknowledged that INEC had attributed the exclusions to compliance with statutory requirements relating to political party membership registers, following a recent Supreme Court judgment.

However, Ali said the organisation recognised the importance of complying with electoral laws and respecting judicial decisions while insisting that disputed cases should be examined fairly and transparently.

He maintained that the organisation was not demanding special treatment for any candidate or political party but was advocating a process that would allow relevant facts, submitted evidence and applicable legal provisions to be considered before conclusions were reached.

“Our position is simple: compliance with the law must be upheld, and where an omission is disputed, the facts should be examined fairly and the outcome clearly communicated,” Ali said.

He added that no candidate should automatically be presumed eligible simply because an omission was challenged, just as no disputed exclusion should be treated as beyond review without considering the relevant facts and provisions of the law.

Ali urged INEC to establish a fair, transparent and case-specific review process for affected candidates and political parties, stressing that electoral authorities had a responsibility to administer the electoral process impartially and consistently.

He said democracy depended on institutions that applied the law fairly, political parties that fulfilled their statutory obligations and candidates who met the prescribed requirements.

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The organisation further called on INEC to communicate clearly with affected political parties, examine properly submitted complaints within the applicable timelines and take corrective action wherever the facts and law justified such steps.

Ali noted that transparent handling of the disputed cases would help strengthen public confidence in the electoral commission and demonstrate that electoral administration was guided by evidence, due process and impartiality.

On the implications of the controversy for peace and stability, he warned that unresolved electoral disputes could undermine public trust, deepen mistrust among political stakeholders and create avoidable tensions within communities.

He observed that Kano State, like other parts of Nigeria, had a diverse population with competing political interests and strong expectations regarding democratic participation, making transparent communication of electoral decisions particularly important.

According to him, uncertainty surrounding the exclusion of candidates could generate public anxiety, especially where affected political parties and their supporters believed their concerns had not received adequate consideration.

Ali, however, stressed that the organisation did not intend to alarm the public, assign blame or threaten any institution, but rather to encourage the timely, lawful and peaceful resolution of electoral disputes.

He urged political parties, candidates, their supporters, civil society organisations and members of the public to remain calm, exercise restraint and pursue their grievances through established legal and administrative channels.

The organisation also cautioned political actors against allowing differences over electoral matters to degenerate into hostility, emphasising that peace, national unity and democratic progress should take precedence over partisan interests.

As part of its recommendations, the group called on INEC to undertake a thorough review of disputed exclusions involving candidates and political parties that maintained they had fulfilled the applicable statutory requirements.

It also urged the commission to provide clear, case-specific explanations whenever a candidate was excluded, including references to the relevant legal provisions and the facts informing the decision.

Ali said that where a review established that an exclusion resulted from an error, INEC should take appropriate corrective measures, provided such action was permitted under the applicable legal framework.

The organisation further urged all political parties, candidates and public institutions to respect the rule of law and comply with lawful court decisions, noting that electoral disputes should be resolved through established procedures rather than inflammatory public statements.

It also called on relevant institutions to communicate transparently and act impartially to protect public confidence in the electoral process ahead of the 2027 general elections.

Reaffirming the organisation’s position, Ali said its intervention was not an endorsement of any political party or candidate but a call for an electoral process in which the law was respected, legitimate concerns received fair consideration and public institutions remained accountable to citizens.

He also urged the media to report electoral developments accurately and responsibly, saying journalists had an important role to play in informing the public, promoting accountability and creating an atmosphere conducive to peaceful democratic participation.

Ali called on INEC to ensure that disputed exclusions were addressed promptly and transparently, while urging political stakeholders and citizens to place the interests of their communities and the country above partisan differences.

He said the organisation remained committed to promoting democratic principles, cultural and human development, peaceful coexistence and responsible civic engagement as Nigeria prepared for another electoral cycle.

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