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Dangote Rejects Monopoly Claims, Says ‘We’ve Never Stopped Anyone From Entering Same Business

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On Saturday, Aliko Dangote, Africa’s richest person, disclosed that he did not receive any incentives or support from the Nigerian government to build his $20 billion refinery situated in the Lekki Free Trade Zone.

Dangote made this disclosure during a visit from the leadership of the House of Representatives, led by Speaker Tajudeen Abbas and his deputy, Benjamin Kalu.

He specifically stated that he paid $100 million to the Lagos State government to acquire the land where the world largest Refinery and petrochemical company was built.

Highlighting the widespread support from the Nigerian public, Dangote remarked, “The majority of the population supports us. We remain undeterred and will continue our efforts.”

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He said, “You know whatever we do we add value, we are not an assembly plant. When I said an assembly, we are not packaging plant. If you look at all our operations as Dangote we actually add value.

“We take local materials and turn them into products and we sell. So which means it’s a circular economy which we are practising, everything is here. Everything is in Nigeria – the farmers, the banks or maybe the people in the mines and banks everything is about local.

“It is the main reason we are number two in flour milling but we saw it because the wheat is being imported abroad and the more wheat we use the more jobs we create out there and that is why we cancelled that. We remain only sugar, salt is not really a very big business. So that is what we have done.

“So now, what are we doing? What we are doing is see we are always the first mover. You know, we always move first and other people will follow and we have never, ever either consciously or unconsciously stopped anybody from doing the same businesses that we are doing.

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“To the contrary when you look at it when we first came into cement production it was actually only Lafarge that was operating here in Nigeria and nobody called Lafarge monopoly. But we Dangote, the first plant we set up was 45 million tons against less than two million of local production but when we got in there people now start saying now monopoly, monopoly and this is sad.

“This is really very disheartening when people keep talking monopoly, monopoly – monopoly is only when you stop people, you block them through legal means or whatever, no it is a level playing field.

“Whatever Dangote was given like cement, for example others too were given. Some of them may even get more than us.

“We are always very careful. You heard what I said in the refinery; we did not and I said we did not collect one single incentive from the Federal Government of Nigeria or from even the Lagos State.

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“Yes, Lagos State maybe they gave us a good deal but we paid $100 million for the land. It wasn’t free land; we paid for it.

“So, people are always looking at the other side, they are not looking at the real picture. Secondly, this country has been having petrol issues…”

Dangote, however, requested that the House of Representatives conduct an investigation into the quality of diesel and petrol sold at filling stations nationwide.

This comes as he refutes allegations that the petroleum products from his refinery are of poorer quality than imported ones.

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Dangote urged the House to establish a committee to conduct thorough tests on products at various filling stations across the country, highlighting the detrimental effects of substandard fuel on vehicles and engines.

He emphasised the need to address this issue to protect consumers and prevent further damage.

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Shettima becomes 1st VP to lead Nigeria’s delegation to UN Assembly in 25 yrs

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President Bola Ahmed Tinubu has decided not to attend the 79th United Nations General Assembly (UNGA) session in New York this year.

The president has thus directed Vice President Kashim Shettima to lead Nigeria’s delegation.

President Tinubu, who returned to the country last Sunday after his trip to China and the United Kingdom, according to a statement yesterday by his spokesman, Bayo Onanuga, wants to focus on domestic issues and address some of the country’s challenges, especially after the recent devastating flooding.

“At UNGA 79, Vice President Shettima will deliver Nigeria’s national statement to the General Assembly, attend important sideline events, and hold bilateral meetings.”

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“The high-level General Debate, with the theme ‘Leaving no one behind: Acting together for the advancement of peace, sustainable development and human dignity for present and future generations,’ will run from Tuesday, September 24, through Saturday, September 28, 2024,” the statement added.

Since return to democratic governance in 199, Shettima will be the first Vice President to Nigeria’s delegation to UNGA.

Only Goodluck Jonathan represented Nigeria as Acting president in September 2010 at the 65th UNGA, while late President Umaru Musa Yar’adua was away in Saudi Arabia due to his ill health.

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Plateau Assembly approves N5.8bn for LG election

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The Plateau State House of Assembly, on Thursday, approved N5.8bn for the conduct of the local government election in the state slated for October 9, 2024.

The approval by the House followed a communication from Governor Caleb Mutfwang, which was read at plenary by the Assembly Speaker, Gabriel Dewan.

The Speaker stated that the request was necessary as there was no budgetary allocation for the LG elections in the 2024 budget.

A member of the State Assembly, who declined to be named because he was not authorised to speak for the Assembly, confirmed the development to The PUNCH in Jos on Thursday.

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The lawmaker said, “Governor Mutfwang, at Tuesday’s plenary, sought the House’s approval for N5.7bn as the 2024 supplementary, which was increased after upward review by the legislators.”

He continued, “The House leader, Joseph Bukar, presented the bill during our plenary. While soliciting the support of members for speedy passage, he said PLASIEC was running out of time in preparation for the election.”

“In their individual contributions, Hon. Kalamu Dal suggested a downward review of the budget size, while Hon. Daniel Nanbol urged for a critical review and deliberations. Afterwards, members approved a revised sum of N5.8bn, as opposed to the N5.7bn requested.”

The increase, as explained by Bukar, was due to an increase in security allocation for the election, from N2.7m to N4.2m. “So, that is what happened, and that is where we are at the moment regarding the forthcoming LG election,” the lawmaker concluded.

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Enugu, Kwara tighten security ahead of LG polls

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Security measures have been intensified in Enugu and Kwara states ahead of their Local Government elections scheduled for Saturday, September 21, 2024.

In Enugu State, the Police Command has pledged to ensure the safety of lives and properties during the elections.

However, the peace accord signing for the elections was marred by the absence of major parties like the Peoples Democratic Party, All Progressives Congress, and Labour Party.

Only representatives from the All Progressives Grand Alliance and Accord attended but chose not to sign the accord, citing the lack of participation from the leading parties.

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Enugu State Commissioner of Police, Kanayo Uzuegbu, said all wards and flashpoints had been identified, and security personnel would be on high alert to prevent any disruptions.

The Chairman of the Enugu State Independent Electoral Commission, Prof. Chris Ngwu, said the commission was fully prepared for the elections with the support of the state government in procuring necessary materials.

In Kwara State, security agencies have been actively coordinating to ensure a smooth electoral process.

Over 3,000 personnel from the Nigeria Security and Civil Defence Corps have been deployed across the state.

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The Kwara State Independent Electoral Commission has completed arrangements for a trouble-free election.

Kwara State Police Public Relations Officer, Toun Ejire-Adeyemi, reported that a strategic meeting with heads of various security agencies, including the Nigerian Army, Navy, Air Force, and others, had been held to ensure coordinated efforts for maintaining law and order.

The Commissioner of Police, Victor Olaiya, guaranteed maximum security for the election period.

The NSCDC Commandant, Dr. Umar Mohammed, announced the deployment of 3,000 personnel to various polling units and emphasised their role in preventing violence, ballot snatching, and other disruptions.

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Meanwhile, the Chairman of the Benue State Independent Electoral Commission, Telumun Tombowua, announced on Thursday that eight political parties will participate in the upcoming LG elections in the state, scheduled for October 5, 2024.

Addressing journalists in Makurdi, Tombowua said the election would be conducted fairly and transparently.

He emphasised that the law establishing the BSIEC does not permit the use of Bimodal Voter Accreditation Machines for this election.

Regarding the APC, Tombowua confirmed that the National Working Committee of the party had requested the commission to work with the seven-man caretaker committee appointed to oversee party affairs in the state.

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He noted that while 14 parties had initially shown interest, only eight completed the necessary processes and submitted their candidates.

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