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Dangote vs. NNPC: A Tale of Sabotage and Misrepresentation

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Dangote vs. NNPC: A Tale of Sabotage and Misrepresentation

By: Shina Adewoye

During major football events, every Nigerian acts like a football coach. Around the elections period, everyone becomes a lawyer analyzing both pre elections and post elections matters.

Throughout various discussions, Nigerians take on roles as journalists and economists. This active participation is the beauty of democracy. However, problems arise when uninformed individuals try to present their opinions as facts.

On the Dangote issue, it’s striking that Nigeria, a member of OPEC and the world’s 7th largest oil producer, lacks a functional refinery. The NNPC doesn’t even have a laboratory, yet it questions the quality of products from Dangote’s world-class refinery.

Elon Musk, a vocal critic of Joe Biden and a supporter of Donald Trump, faces no personal attacks from Biden. This makes it puzzling why Dangote, Africa’s richest man, faces sabotage in Nigeria. The U.S. embraces diverse talents like Elon Musk ( a South African) and late Steve Jobs ( a Syrian) emphasizing its reputation as a land of great opportunities.

President Tinubu, also serving as the Minister of Petroleum, oversees an NNPC that falsely claims a 20% stake in Dangote’s refinery, while Dangote maintains they only paid for 7%. No action has been taken against those responsible for this irresponsible misrepresentation and embarrassment.

Moreover, Dangote’s $100 million claim for land in Lagos raises questions about the use of US $ in Nigeria as a legal tender.

Nevertheless, as an entrepreneur, Dangote is prepared for challenges. He built his refinery in a free trade zone, constructed his own port, and he can thrive without the Nigerian market by focusing on exports.

Nigerians should identify their real adversaries. Dangote can source crude oil globally and export the by-products.

Time will reveal the truth, and history will vindicate the just.

Shina Adewoye
Public Policy Analyst

Dangote vs. NNPC: A Tale of Sabotage and Misrepresentation

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NGX boss restates commitment to gender equality

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NGX boss restates commitment to gender equality

The Group Chairman Nigerian Exchange Group, Dr. Umaru Kwairanga has restated the NGX’s commitment to gender equality and diversity at all levels of the organisation.

Kwairanga stated this in Lagos on Tuesday while delivering his welcome address on the occasion of the closing ceremony in honour of the Honourable Minister of Women Affairs and Social Development, Hajiya Imaan Sulaiman-Ibrahim, who visited the floor of the Nigerian Exchange.

He stated that the Nigerian Exchange Group as an organisation remained committed to inclusiveness that drive growth and development at all levels of the NGX’s dealings.

He stated that through such inclusive representation, the NGX has achieved near parity at the board levels of the organisation and was working to improve the representation of female employees down the line.

“As an institution committed to sustainable growth and practices, we recognise the important qualities and values that women bring to the workplace and know that they perform just as well, if not better than men.

“It is a tradition in finance and investment that can be traced to the origins of the banking, finance and investment professions when most of the trade guilds that evolved into those professions were largely composed of men.

“The tradition has persisted for hundreds of years but despite that nomenclature, let me assure you that the investment and securities sector is very welcoming to and open to city gentlemen who are female.

“Women are very well represented at all levels of our industry and I can confide in you that the next President of the Chartered Institute of Stockbrokers is going to be a woman,” he said.

Kwairanga stated that the NGX would partner with the Ministry to accelerate progress for women’s rights and improve the lot of female gender across the country.

He commended Sulaiman-Ibrahim for her several bold and innovative initiatives that would have positive impact on women and the country as a whole.

NGX boss restates commitment to gender equality

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Benue troops neutralize one terrorist, arrest four suspects in Gwer West LGA

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Benue troops neutralize one terrorist, arrest four suspects in Gwer West LGA

By: Zagazola Makama

Troops of Sector 1 Operation Wirld Stroke deployed at FOB Bilawa-Jor conducted a fighting patrol within Mbapa and Mbabuande general areas on March 23, 2026.

During the operation, troops made contact with terrorists, neutralizing one suspect while others fled.

Following a pursuit, four additional suspects were apprehended and are currently in the custody of security forces for further investigation and prosecution.

In a similar development the troops
recovered a vehicle carrying two cows abandoned by suspected cattle rustlers in Uhemba.

The incident occurred at about 0348hrs on March 24, 2026, when the troops responded to intelligence reports of rustling activities in the area.

Upon the arrival of troops, the suspects fled, leaving behind the vehicle and livestock.

The recovered vehicle and cows are now in the custody of the troops for further investigation and legal action.

Military continue to urge the public to provide timely information on criminal activities to support ongoing security efforts.

Benue troops neutralize one terrorist, arrest four suspects in Gwer West LGA

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Kogi troops neutralize suspected terrorist in Kabba/Bunu LGA

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Kogi troops neutralize suspected terrorist in Kabba/Bunu LGA

By: Zagazola Makama

Troops of 12 Brigade have neutralized a suspected terrorist during a fighting patrol at Odoape–Adankolo Forest in Kabba/Bunu LGA.

The encounter occurred at about 1400hrs on March 23, 2026, when the patrol team made contact with the fleeing suspect.

Preliminary investigation identified the neutralized individual as a notorious terrorist involved in providing intelligence and targets for kidnappings, as well as participating in cattle rustling and supplying logs to terrorist groups.

The military has reaffirmed its commitment to sustaining aggressive patrols and intelligence-led operations to curb criminal activities and protect residents in the area.

Kogi troops neutralize suspected terrorist in Kabba/Bunu LGA

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