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At MAN AGM In Kano, Manufacturers Throng Dangote Pavilion Over ‘Peoples IPO’

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From Left: Alh Sabo Wada of the Kano Fire Service; Dangote Group Representative Abdulrazak Sambajo, Mr. Isah Musa of the VIO Office Kano, Mr Kassim Ibrahim Zonal Director, NAFDAC; Jonh Samuel Zonal Technical of the Dangote Cement Plc, Halima Muhammad, Dangote Feertiliser Limited and Ebaje Noah Dangoye of NASCON (Dangote Salt & Seasoning) at the 54th KANO-Jigawa MAN AGM Wednesday.

 

 

 

Manufacturers under the aegis of the Manufacturers Association of Nigeria (MAN) thronged the Dangote Group’s pavilion at the exhibition to seek information and clarification on the ongoing Public Initial Public Offering (IPO) of the Dangote Petroleum Refinery and Petrochemicals (DPRP).

The three-day Annual General Meeting (AGM) of the Kano-Jigawa Branch of the Manufacturers Association of Nigeria (MAN), the 54th in the series, ended on Thursday, with the Dangote Group’s representative hosting participants and engaging manufacturers who expressed keen interest in the ongoing Initial Public Offering (IPO) of the Dangote Refinery.

The Dangote Refinery Peoples’ IPO offers Nigerians and other eligible investors an opportunity to buy shares in the Dangote Petroleum Refinery and Petrochemicals, thereby becoming part-owners of one of Africa’s largest industrial projects and participating in its future growth.

The Dangote Refinery IPO runs from 14 September to 13 October 2026.

Dangote Industries Limited is one of the sponsors of the 54th MAN AGM.

Earlier, in his opening remarks, the Chairman of the Manufacturers Association of Nigeria (MAN), Sharada/Challawa Branch, Alhaji Nura S. Madugu, highlighted the mounting burden of multiple taxes, levies and charges on manufacturers, warning that the situation is increasing the cost of doing business and undermining the competitiveness of local industries.

Madugu urged the Kano State and Federal Governments to ease the tax burden on manufacturers and accelerate efforts to harmonise taxes and levies imposed on businesses.

He particularly decried the practice of double and multiple taxation, which he said continued to place additional financial pressure on manufacturers already grappling with high energy costs, inadequate infrastructure, expensive financing, insecurity, foreign exchange challenges and unfair competition from imported goods.

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“We are especially concerned about instances of double and even multiple taxation, where the three tiers of government impose what is essentially the same levy under different names and different guises. This practice places our products at a serious disadvantage in their constant competition with imported goods, a disadvantage made worse by the high cost of alternative power supply and the volatility of the foreign exchange rate.

Madugu reminded the meeting of MAN’s enormous contribution to the society and provide employment to thousands of Nigerians, as well as participating actively in tax revenue generation for the country.

“We provide employment to thousands of Nigerians. We participate actively in tax revenue generation for the states and the federation through the deduction of Value Added Tax on our products, the remittance of Pay-As-You-Earn on behalf of our staff, and the payment of Withholding Tax, Education Tax, Tertiary Education Tax, Company Income Tax, and a whole host of other levies too numerous to mention individually. Beyond taxation, we also discharge our Corporate Social Responsibility diligently to the communities in which we operate.

“Even though what we receive in return remains modest, we continue, in strength and in good faith, to serve this nation and to hold up its economy. We do this because we believe in Nigeria and in Kano State. But it must be said plainly,” Madugu added.

In his remarks also, MAN Chairman, Bompai/Jigawa Branch, Mohammed Bello I. Umar, appreciated the association’s members for their resilience, commitment and continued investment in the Nigerian economy despite the difficult operating environment.

He pointed out that the meeting provides the members of the association with an opportunity to reflect on its activities, review the challenges confronting their businesses, acknowledge the progress they have made, and chart a stronger course for the future of manufacturing in the country.

However, he said, the members must acknowledge that manufacturing remains under serious pressure.

He highlighted that the high cost of energy, multiple taxes and levies, inadequate infrastructure, high financing costs, insecurity, foreign exchange challenges and unfair competition from imported goods continue to affect our competitiveness.

“One issue that requires our collective attention is the importation of contraband and substandard goods. These products undermine local manufacturers who invest heavily

“Reliable and affordable electricity remains one of the most important requirements for industrial development.

He however welcomed the ongoing electricity reforms and efforts by the Kano State Government and the State House of Assembly towards establishing a more effective electricity framework for the State.

He called for the swift implementation of reforms that will create a more reliable, competitive and affordable electricity market for industries.

He noted that manufacturers continue to provide employment, generate wealth, support local communities and contribute significantly to government revenue in production, employ Nigerians and comply with government regulations.

“We must therefore stand together and call for stronger enforcement at our borders and markets.

He urged the relevant government agencies to intensify the fight against smuggling, counterfeiting and the importation of goods that compete unfairly with locally

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President Tinubu Departs Jeddah for Abuja After Completing Umrah

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By Yusuf Danjuma Yunusa

President Bola Ahmed Tinubu, on Wednesday, departed from King Abdulaziz International Airport in Jeddah, Saudi Arabia, for Abuja, following the successful completion of his Umrah pilgrimage in the holy city of Makkah.

Accompanying Mr Tinubu to the airport were the Deputy Governor of the Makkah Region, Saud bin Mishaal bin Abdulaziz Al Saud; Nigeria’s Ambassador to Saudi Arabia, Yakubu Gambo and the Consul-General, Muazam Ibrahim Nayaya.

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Before Mr Tinubu’s departure, he had a brief meeting with Mr Mishaal bin Abdulaziz Al Saud at the Royal Guest Palace at the airport.

While in Saudi Arabia, Mr Tinubu, alongside members of the Nigerian delegation, performed the Umrah rites, including circumambulating the Holy Ka’aba. On Sunday, Mr Tinubu was granted the rare privilege of entering the sacred structure, where he and members of his delegation performed two raka’at prayers.

Mr Tinubu expressed his gratitude to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud and Crown Prince Mohammed bin Salman for the special courtesies and hospitality extended to him and the Nigerian delegation, particularly the privilege of accessing the Holy Ka’aba to offer prayers.

Members of Bola Ahmed Tinubu, on Wednesday, departed from King Abdulaziz International Airport in Jeddah, Saudi Arabia, for Abuja, following the successful entourage included the National Security Adviser, Nuhu Ribadu, and the governors of Sokoto, Jigawa, Kaduna, Borno and Yobe states, among others.

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2027: Atiku Kicks off Campaign in Sokoto

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By Yusuf Danjuma Yunusa

The African Democratic Congress (ADC) kicked off its presidential campaign rally for the 2027 presidential election in Sokoto State on Wednesday with crowd welcoming the party’s presidential candidate, Atiku Abubakar.

The party said thousands of supporters lined the route from Sultan Muhammad III International Airport to its state secretariat, where Atiku’s campaign rally was held.

In a statement issued on Wednesday, Phrank Shaibu, Director of Strategic Communication of the ADC Presidential Campaign Council, said the former vice president’s motorcade took about three and a half hours to reach the rally venue due to the large turnout.

He said residents, including youths, women and elderly people, abandoned their businesses and other daily activities to join the procession and welcome the ADC candidate.

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The campaign council described the turnout as spontaneous, dismissing suggestions that the crowd was mobilised through financial inducements.

It said the reception demonstrated growing support for Atiku’s promise to address the economic difficulties facing Nigerians, particularly the rising costs of food, transportation, fuel and other essential commodities.Nigeria travel guide

The ADC also accused the Sokoto State Government of frustrating its campaign activities by denying the party access to public facilities requested for the rally.

According to the campaign council, the alleged restrictions did not discourage supporters but rather heightened public resentment and strengthened the party’s mobilisation.

“The federal government and its APC allies should understand that denying people a venue cannot suppress their political choices. In Sokoto, those efforts backfired: the people came out in even greater numbers and made their voices heard,” the statement said.

At the rally, Atiku reiterated his commitment to addressing the cost-of-living crisis and restoring economic stability for households and businesses, according to the campaign council.

The former vice president proposed a targeted, production-based subsidy for qualifying petroleum products refined locally as part of his economic agenda.

The council said the proposed policy would link government support to domestic production, reduce fuel costs and ease the impact of high transportation and energy expenses on food prices and household budgets.

It said the proposal was designed to encourage local production while providing relief to Nigerians struggling with the removal of petroleum subsidy.Nigeria travel guide

The campaign council maintained that the ADC’s economic agenda was centred on making essential goods and services affordable, supporting local industries and addressing the hardship experienced by ordinary Nigerians.

“When you have a message that connects with the people, you do not need to rent a crowd. The people show up on their own,” Mr Shaibu said.

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Abdul El-Sayed Becomes First Muslim Senator in U.S.

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By Yusuf Danjuma Yunusa

Abdul El-Sayed, a Democrat, has become the first Muslim senator in the U.S. after securing 2.2 million votes in Michigan, about 52 per cent, to defeat Republican candidate Mike Rogers and Libertarian Lydia Christensen.

Mr El-Sayed, 42, an immigrant born to Egyptian parents, fought a hard-won victory given his candidacy was highly scrutinised over his ties to Islam and open rebuke of Israel.

Results showed Mr El-Sayed led with 52 per cent, the GOP candidate scored 46.1 per cent, and Ms Christensen got one per cent of total votes cast.

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Mr El-Sayed’s candidacy struggled after Haley Stevens, a Democratic candidate he defeated in the primary, withdrew her support two days before the midterm polls.

Mrs Stevens endorsed the Republican candidate, saying she could no longer support Mr El-Sayed over what she described as anti-semitism. She asked Mr El-Sayed to condemn an advertisement promoting his candidacy, which blamed U.S. support for Israel for rising cost of goods and the war in Iran.

Mr El-Sayed declined and publicly uninvited her from a joint appearance they were scheduled to have in Detroit. Ms Stevens withdrew her support two nights before the election.

The move stunned Democrats who viewed her actions as a betrayal to the party. But her clout appeared limited with Mr El-Sayed’s victory at the polls.

Former President Barack Obama campaigned for Mr El-Sayed in Michigan, a presidential battleground where President Donald Trump won by 1.4 points to defeat Kamala Harris in November 2024.

Senator Gary Peters, the incumbent Michigan senator, will retire after his term expires in January, when Mr El-Sayed is scheduled to be sworn in.

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