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Dangote Group remitted ₦900bn tax to FG in 2025, says Tinubu

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President Bola Tinubu
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THE Federal Government earned more than N900 billion from Dangote Cement in 2025, President Bola Tinubu has disclosed, hinging the development of Nigeria on the vibrancy of the private sector.

Represented by the Vice President, Kashim Shettima, at the launch of the Nigeria Industrial Policy in Abuja, Tinubu declared that the government has no business in business, describing the private sector as the creators of wealth.

“This is how we create jobs. The government has no business being in business. The private sector is the creator of wealth. All of you here, we are widely proud of the manufacturers in this country who are here. In spite of all the challenges, we are not unappreciative of your efforts. You are literally generating your own power. I want to assure that the President is fully committed to redefining the meaning and concept of modern leadership. He is determined to drive the transformation of this nation.”

On his part, the Minister of State for Industry, Senator John Owan Enoh said the policy may not be perfect, but it is deliberate, practical, and accountable.

He added: “It does not promise miracles; it commits to method. It does not rely on rhetoric; it relies on structure. It is designed to be measured not by applause in this hall, but by factories that expand, jobs that endure, and confidence that returns”

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Speaking at the occasion, President of Dangote Group, Aliko Dangote said a robust protection of local industries and urgent reforms in the power sector are critical pillars for the success of the newly unveiled Nigeria Industrial Policy,

The business mogul, who confirmed the humongous amount paid to the government in taxes, described the government as the biggest shareholder in every business enterprise in Nigeria.

“The government makes more money in our cement business than the budget. Government is number one. We as shareholders collect less than what the government collects,” he stated.

While commending the Federal Government for articulating a clear industrial roadmap, Dangote warned that incentives alone would not guarantee sustainable industrial growth without strategic trade protection measures.

Speaking at the official launch of the policy in Abuja yesterday, Dangote said Nigeria already possesses a large domestic market and policy incentives capable of stimulating private-sector investment.

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He added: “The only thing remaining is the protection of industries. Even if you give zero-interest loans and free land with power, without protection, no industry will thrive.”

While stressing the need to protect the local manufacturing sector, Dangote argued that excessive importation undermines domestic production capacity and leads to capital flight and job losses.

He declared that Nigeria should prioritise producing what it consumes while exporting surplus output to other African markets.

Not only protection of local industries, but Dangote maintained that protective tariffs and anti-dumping measures are necessary, especially given the structural disadvantages faced by local manufacturers, including high borrowing costs of 25–30 per cent and infrastructural deficits.

“If you allow imports, you must take into consideration our constraints. You cannot expose local manufacturers to unfair competition where others enjoy cheaper capital, stable electricity and better infrastructure,” he said.

Without a stable national grid, the manufacturing sector will continue to lag.

To tackle the electricity crisis, Dangote urged the Federal Government to convene a national retreat dedicated solely to resolving Nigeria’s power challenges.

He said: “Power means growth. No power, no growth.”

Dangote expressed optimism that the Naira can strengthen to N1,100 in the foreseeable future if import dependence is curtailed and domestic production expands.

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Enugu govt suspends another traditional ruler, gives reasons

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The Enugu State Government has suspended Williams Ezugwu, the traditional ruler of Ibagwa Opi Ogbozalla Autonomous Community in Nsukka Local Government Area, over alleged misconduct.

The Commissioner for Chieftaincy Affairs, Charles Egumgbe, disclosed this in a statement issued in Enugu on Thursday by the ministry’s Public Relations Officer, Emeka Nebeife.

The  state government earlier suspended three traditional rulers and four presidents-general from Ezeagu Local Government Area in July over alleged misconduct related to security matters.

Mr Egumgbe attributed Mr Ezugwu’s suspension to alleged “persistent conduct that is inconsistent with some sections of the Traditional Rulers Law of Enugu State.”

According to the statement, the suspension takes effect immediately.

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The accusations against the royal father included his failure to subscribe to the community’s code of conduct.

He was also alleged to have refused to form a cabinet to help run the community’s affairs since the community’s creation.

Also, he allegedly failed to establish a town union executive, thereby running the community single-handedly.

The commissioner argued that the traditional ruler’s actions could plunge the community into an avoidable crisis, hence the suspension.

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How God saved me from assassination attempt – Abia Gov, Otti

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Abia Governor, Dr Alex Otti
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Governor Alex Otti Abia State on Thursday night gave a detailed account of his journey into politics, saying that his decision to serve God sustained him through life-threatening political challenges.

Mr Otti spoke at the “Abia Solemn Assembly and Covenant Renewal Service” in Umuahia, organised by the Abia State Government, with the theme, “Remembering the Covenant”.

He took time to give a vivid account of a fatal attack he described as an “assassination attempt” on him.

He said that a friend recently reminded him of events surrounding his journey in politics, particularly an incident in July 2015, which, according to him, could have claimed his life.

Mr Otti recalled that he contested the 2015 governorship election and went to the tribunal to challenge the result when the victory was awarded to the Peoples Democratic Party’s candidate, Okezie Ikpeazu.

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He said he was in Abuja trying to hold a meeting with someone, who repeatedly shifted the dates, until the meeting still did not take place.

Mr Otti said he subsequently informed his friends that he would leave Abuja the next day, despite their objections, since the meeting had not been held.

“There was only one flight from Abuja to Owerri then.

“All my friends objected. I said, well, I have received a message that I must leave Abuja.

“So, to make it make sense, I told them I wanted to be at the tribunal on Friday, so they grudgingly accepted.

“That night, assassins attacked my residence in Abuja, shot two policemen dead, and they were looking for me.

“Of course, God had taken me away,” he said.

Mr Otti said the attackers, after failing to find him, apparently believed he was still within the premises and proceeded to search the adjoining compound.

He said, “When they finished and couldn’t find me. They were convinced I was there.

“They had so much time. By the way, this was Maitama.

“They jumped into the next compound, and I learnt that they were up to 12.

“They jumped into the next compound and stripped the whole building.”

Reflecting on the incident, Mr Otti said there had been no obvious reason for him to leave Abuja at that particular time. Still, he believed that his departure was divinely directed.

“They thought I jumped fence, but I left.

“There was no reason for me not to be there, but God had taken me away from there,” he said.

Otti says ‘friends tried to discourage me from politics’

The governor also recounted how some friends tried to discourage him from entering politics, while others advised him to seek protection through traditional or other means.

“A lot of friends, after trying to dissuade me, found I couldn’t be dissuaded.

“They said, okay, if you decide to do this thing, you can’t go in there empty-handed.

“You can’t go there without belonging to some societies.

“You can’t go there without going to some native doctors for protection, and you will be shocked at the kind of people making these suggestions, some of whom are leaders in churches.”

Mr Otti said, however, that his conviction remained anchored on his decision to serve God, recalling the biblical account in Joshua 24:15.

He said: “But then, I’m always reminded about Joshua 24:15, where Joshua said to the Israelites that ‘If it seems evil to you to serve the Lord, choose you this day whom you would serve’.

“But then he ended that ‘as for me and my house, we shall serve the Lord’.”

He said the lesson from the scripture was that individuals must make a conscious choice about whom they would serve, adding that those who had not made such a decision could still do so.

“So, if you don’t understand why you are here, this is why you are here.

“And, if you have not taken that decision, it’s not too late, because there is no other power,” he said.

Mr Otti further said the experience reinforced his conviction about the path he had chosen, adding that his administration would continue along the path of faith and service.

‘A sacred altar of rededication.’Abia 

The Commissioner for Local Government and Chieftaincy Affairs, Uzor Nwachukwu, said Abia was in captivity for years until God raised Otti.

Mr Nwachukwu recalled that after securing electoral victory in 2023, Mr Otti and his team observed seven days of fasting and prayer to rededicate Abia to God.

He said three years later, it had become necessary to return in thanksgiving for God’s blessings and commit the next political dispensation to Him.

He said, “Through seasons of challenges and triumphs, His faithfulness has remained our anchor in challenging times.

“He held us, broke the chains of stagnation and moved us to where He has promised.

“Human effort alone cannot sustain the prosperity and progress we desire.

“The scripture reminds us that unless the Lord watches over a city, the watchmen watch in vain.

“As we stand on the threshold of a new dispensation, this service is a sacred altar of rededication.”

In his homily, Sam Oye, Lead Pastor of Transforming Church International, commended Governor Otti and his team for achieving milestones within three years.

Mr Oye lauded the administration’s achievements in road infrastructure, healthcare, education, fiscal responsibility and land reforms, but emphasised that more work remained.

Citing Joshua 13:1, Mr Oye said God acknowledged Joshua’s achievements but reminded him that there was still more land to possess.

“The word of the Lord to us on this Covenant Renewal Day is simple: More land to possess. More work to be done.

“More people to be reached. More systems to be reformed. And more potential in Abia to be released.

“Whereas we celebrate all the great things we have accomplished, we are saying we still have so much left undone.

“Our vision must survive personalities, political parties and election seasons.

“The vision must redefine the productive future of each of the 17 Local Government Areas,” Mr Oye said.

He charged the governor to outline industrial and agro-processing corridors, adding, “Our focus must be on strengthening institutions.”

The News Agency of Nigeria reports that the event had the Deputy Governor of Abia, Ikechukwu Emetu, and other top government officials and a team of clerics in attendance

It featured intercessory prayers, a praise-and-worship session, and ministrations and exhortations by clerics. (PremiumTimes)

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Obi vows to make political leaders seek treatment in Nigeria

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Peter Obi
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Presidential candidate of the Nigeria Democratic Congress (NDC) in the 2027 general election, Peter Obi, has vowed to ensure political office holders seek medical treatment in Nigeria if elected President.

Obi also promised to spend his holidays in Nigeria, saying he would promote the use of domestic facilities and local destinations rather than travel abroad for vacations.

He spoke on Thursday in Asaba, Delta State, during the inauguration of the NDC secretariat in the state.

Obi said his administration would prioritise the development of Nigeria’s healthcare system and ensure that political leaders use local medical facilities.

He said: “We will ensure that those of them who are in power must seek medical care here. Anybody that will go abroad will be for referral.”

The former Anambra State governor also criticised President Bola Tinubu’s extended stay abroad, saying Nigerian leaders should remain more connected to the country and its challenges.

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According to Obi, “Today, our President is in France. He went for three weeks and he has spent more than three weeks.”

He added: “As President of Nigeria, all my holidays will be in Nigeria. I will go to Agbor for holiday; I will go to Warri for holidays, not France.”

The Presidency had said Tinubu’s stay in France formed part of his working vacation and that he remained in contact with officials at home while away.

Obi, however, said his administration would “fix” the healthcare system and make it functional for Nigerians.

He also lamented what he described as the neglect of the Niger Delta despite the region’s contribution to the nation’s economy.

“One thing that I can assure you is that the days you don’t see the impact of your wealth is gone. Niger Delta must see the impact of the wealth it is creating for the nation,” he said.

Obi also criticised the condition of the East-West Road and other federal roads in the region.

“You cannot pass anywhere in the Niger Delta, yet they are producing the wealth the country shares every month,” he said.

He promised that an NDC administration would change the situation through what he described as transparent management of public resources.

“We will ensure that this will change and it will change by the way we manage the resources; it will change because we are going to be transparent. We will tell you where every penny is going to,” Obi said.

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