The Abuja Times

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The Abuja Times The Abuja Times is a FREE City Newspaper intended to serve as a city informer and guide.
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It is a medium through which businesses, individuals and organizations reach and inform the inhabitants of the city. It provides up to date local news, as well as detailed information on events, people and destinations within the city. It also provides useful information such as air and road transportation travel times, Auto sale listings, Real estate listings, Cinema movie listings, upcoming events, reviews, rankings and so much more.

24/08/2021

Bandits have invaded the Afaka barracks of the Nigerian Defence Academy (NDA), Kaduna, killing a naval officer.

The bandits were also said to have also kidnapped two majors.
The bandits who attacked the barracks around 1am on Tuesday are still be inside the academy.

A reliable source within the barracks said security has been beefed up within and around the barracks to stop the bandits from escaping with the officers.

“It was a terrible experience, the bandits took advantage of the time when most people had gone to bed to attack the barracks.”

“Right now, the whole barracks is under lock and key and security has been beefed up so that the bandits cannot leave the barracks because it is believed that they are still within,” the source said.

One of the officers who was injured in the attack is currently being treated at a hospital within the barracks.
The source said that there are, however, fears that the bandits may decide to kill the officers in a bid to escape.

The Academy Public Relations Officer, Major Bashir Jajira did not respond to calls put across to him.

13/08/2021

Popular American superstar, singer and brand influencer Rihanna has stated she is originally from the Igbo tribe.

The Barbadian singer and fashion entrepreneur was recently pronounced a billionaire and officially one of the wealthiest female musicians in the world.

The star’s net worth is estimated at $1.7 billion while still receiving almost $1.4 billion from her beauty cosmetics line.

Rihanna’s other fortune comes from her lingerie company, which is worth another $270 million while not forgetting her branded earrings.

The revered singer in a recent interview stated her mother revealed her real origin to her as she noted she is primarily an Igbo woman.
She said: “My mom told me that I am originally an Igbo woman. Igbo is a tribe in Africa."

Aside from music, Rihanna is known for her involvement in humanitarian causes, entrepreneurial ventures, and the fashion industry.

She is the founder of the nonprofit organisation Clara Lionel Foundation, cosmetics brand Fenty Beauty, and fashion house Fenty under LVM.

02/08/2021

Abuja Celebrity Chef 'Chef Emeka'
Is Dead.

The celebrated chef was found dead in his home on Sunday the 1st of August. It is alleged that he was strangled to death.

We do not have more information at this time.

01/08/2021

Weekends In The Capital:

'The Balvenie' Whisky launch (Transcorp Hilton, Abuja)

01/08/2021

Views of the Capital:

Jabi Lake, Abuja

📸 :

16/07/2021

Major General Hassan Ahmed, former Provost Marshal of the Nigerian Army, has been assassinated in Abuja.

He was murdered Thursday night in the Abaji area. The assailants also kidnapped his wife.

A source close to the family said that the couple were coming from Okene when they were attacked.

“They opened fire on his vehicle, he died. The driver pretended to be dead from the wound he sustained, so they took the wife away”, the informant said.

The Chief of Army Staff, Faruk Yahaya recently appointed Ahmed a Director at the Army Headquarters in Abuja.

11/07/2021

The Nigeria men's basketball team made 20 3-pointers and stunned the United States 90-87 on Saturday in a pre-Olympic exhibition game in Las Vegas.

Nine years after losing to the U.S. by 83 points at the 2012 Olympics, Nigeria never trailed in the fourth quarter. Coached by Warriors associate head coach Mike Brown and featuring eight players with NBA experience, Nigeria made 20 of 42 3s, including six from Gabe Vincent (Miami Heat), who led the team with 21 points (6 of 8 on 3-pointers). Caleb Agada added 17 points, including 3 of 3 from 3-point range.

“It’s different when you’re playing for a country. Right now we’re representing the continent. It means the world to us and I hope we showed it here tonight.” Vincent said.

Team USA fell to 54-3 in exhibition games since 1992. In the last meeting between the teams, a 2016 exhibition, the U.S. won 110-66.

Kevin Durant (Brooklyn Nets) led the U.S. with 17 points on 4-of-13 shooting. Jayson Tatum (Boston Celtics) added 15 and Damian Lillard (Portland Trail Blazers) had 14. Nigeria outrebounded the U.S. 46-34.
“It’s just all the work we put in," Vincent said. "It’s no mistake what happened here tonight."

Team USA takes the court Monday against Australia. The U.S. plays its first Olympic game on Sunday, July 25 against France. They will compete in a total of three group play matches before the knockout stage begins on Aug. 2.

PUTTING THE LOSS IN PERSPECTIVE:

Joe Vardon, NBA senior writer: This is the worst lost in the history of American international basketball, dating to at least 1992 when NBA players were allowed to play in the Olympics. There is no other way to describe it. Yes, the loss doesn’t count toward Team USA’s medal hopes, but a group with Durant and Lillard just lost to a country with two Olympic basketball wins … in its history.

05/07/2021

Governors from the southern region of Nigeria under the auspices of the Southern Governors’ Forum on Monday held a meeting in Lagos to deliberate on issues at it affects the region and the country as a whole.

At the end of their meeting, the Governors issued a communique which was signed by the chairman of the forum and Ondo State Governor, Rotimi Akeredolu.

The communique states:

1. Re-affirmed their commitment to the unity of Nigeria on the pillars of equity, fairness, justice, progress, and peaceful co-existence between and amongst its people.

2. The Forum reiterates its commitment to the politics of equity, fairness and unanimously agrees that the presidency of Nigeria be rotated between Southern and Northern Nigeria and resolved that the next president of Nigeria should emerge from the Southern Region.

3. Security
a. The Forum reviewed the security situation in the country and commends security operatives for their relentless efforts in restoring security and safety and commiserates with families and loved ones of those who have fallen in the line of duty;
b. Re-emphasised the need for State Police;
c. If for any reason security institutions need to undertake an operation in any State, the Chief Security Officer of the State must be duly informed;
d. The forum frowns at selective criminal administration of Justice and resolved that arrests should be made within the ambit of the Law and fundamental human rights;
e. Set a timeline of Wednesday, 1st September, 2021 for the promulgation of the anti open grazing law in all member States; and
f. Funds deducted from the Federation Account for the Nigeria Police Security Trust Fund should be distributed among the States and Federal Government to combat security challenges.

4. Petroleum Industry Bill (PIB) Law:
i. The Forum commends the National Assembly for the progress made in the passage of the PIB;
ii. The Forum rejects the proposed 3% and support the 5% share of the oil revenue to the host community as recommended by the House of Representatives;
iii. The forum also rejects the proposed 30% share of profit for the exploration of oil and gas in the basins.

30/06/2021

South Africa is considering allowing women to have multiple husbands, a move towards equality in a country that already allows men to take multiple wives.

The proposal comes in a green paper from South Africa's Department of Home Affairs and has sparked outrage from conservative voices in the Rainbow Nation.

Polygamy, the practice of men taking multiple wives, is legal and part of some indigenous traditions.

"South Africa inherited a marriage regime that was based on the Calvinist Christian and Western traditions," the paper states, saying that there is a need for an "overarching policy that is based on constitutional values and the understanding of modern society dynamics".

The paper notes that current marriage law is flawed and allows for the marriage of minors and does not allow people to change their s*x and remain married.

Human rights activists consulted in the process of writing the file "submitted that equality demands that polyandry be legally recognised as a form of marriage".

Officials say that one option could be a "gender-neutral" regime.

"South Africa could do away with categorising marriages along lines of race, s*xual orientation, religion and culture," they suggested.

"That means South Africa (could) adopt a dual system of either monogamous or polygamous marriages."

That would then allow for polyandry, or women taking multiple husbands, due to the "gender-neutral" requirement.

Conservatives have argued that polyandry and polygamy are entirely different.

"Let us defend our culture, tradition and customs by participating in this process. Let us object to Polyandry outright," said reality TV star Musa Mseleku.

Claiming to be "pro-equality", Mseleku questioned how paternity would be determined polyandrous marriages.
"That child is going to belong to which family?" he asked.

Reverend Kenneth Meshoe, the leader of the African Christian Democratic Party, argued that differences between the s*xes would spell disaster for such unions.

He said polygamy was "an accepted practice" while polyandry would fail because "men are jealous and possessive".

30/06/2021

President Nana Addo Akufo-Addo of Ghana, on Tuesday, commissioned a Toyota vehicle assembly plant in the country, the first in West Africa.

The assembly plant by the Toyota Tsusho Manufacturing Company Limited is located in the Freezones Enclave in Tema. The plant is to assemble some models of Toyota and Suzuki vehicles in the country.

Interestingly, Nigeria was not selected despite its larger internal market and even after being Nigerian President Buhari assiduously lobbied in that regard. Mr Imai Toshimitsu, COO of Toyota, had earlier commented that Ghana was chosen due to its “favorable economic climate.”

President Akufo-Addo commissioning the plant said it will help make the acquisition of new vehicles by Ghanaians more affordable as well as enable public sector workers to be able to afford and purchase locally assembled vehicles.

“Government will continue to create the enabling environment to boost the profitability of the emerging automobile sector in Ghana,” he said.

According to the Ghanaian President- “The vision is to make Ghana a fully integrated and competitive industrial hub for the automotive industry in West Africa, and we are very much on course,”.

He said the Ministry of Trade and Industry is working with other state institutions such as the Ghana Integrated Aluminum Development Corporation (GIADEC) and the Ghana Integrated Iron and Steel Developing Corporation to develop locally, the required raw material value chains to free the manufacturing sector of the automobile industry.

27/06/2021

Views of the Capital:

National Mosque, Abuja

📸:

25/06/2021

Gunmen broke into Hilltop Hotel at Tunga Maje in the Federal Capital Territory (FCT) on Wednesday night and abducted some guests and the owner of the hotel.

The hotel owner, who was identified as Prince Adejo and six other people where said to be holding a meeting inside his hotel when the gunmen struck.

Tungan-Maje has been witnessing series of kidnapping incidents recently.The abduction is the fifth within six months interval, according to residents.

A resident t reported that the gunmen, numbering 10 broke into the hotel located at Unguwar Jikupa on the edge of the town, around 10:30pm .He said the attackers shot twice to scare people before taking the victims, who appeared to be the target of the attackers.

Hon. Friday Sani Makama, a former lawmaker in Kogi, was said to be among the abducted guests, but this claim is yet to be verified.

The kidnappers are yet to contact the family members of the victims or their friends but the police said they are on their trail.

Police spokesperson in the FCT, ASP Mariam Yusuf, confirmed the incident but did not go into details.

“The command has launched a strategic operation to rescue the victims unhurt,” she said.

11/06/2021

Rwanda has acquired its first-ever gold refinery.

And officials say it has capacity to process gold from around the continent, boosting efforts to ensure that Africa adds value to its minerals before exporting them.

The $5m plant is located at the Kigali Special Economic Zone in Gasabo District.

Aldango, the company behind the initiative is a joint venture between two firms – Hilly Metals Company, a local company, and Aldabra.

The two hold equal shares in the business.The refinery has been operating since March. Aldango was previously running as a business dealing in gold.

Speaking to The New Times on Tuesday, Jean de Dieu Mutunzi, the company’s chairman said, “We have built an advanced factory with enough capacity to process large quantities of gold from all around Africa.”

“What we are doing is not new but people have been used to taking gold to Europe, Dubai, Turkey, Switzerland, and Belgium. Now we have the same factory with the standards as those in Europe and Asia,” he added.

For so long we had no factories that process what is being mined on the continent, he said.

The company’s core business is to buy gold and process it to make sure we get 99.99 per cent quality, he said.

04/06/2021

The Nigerian Government has suspended, indefinitely, the operations of the microblogging and social networking service, Twitter, in Nigeria.

Minister of Information and Culture, Lai Mohammed, announced the suspension in a statement signed by his Special Assistant Segun Adeyemi citing the “persistent use of the platform for activities that are capable of undermining Nigeria’s corporate existence”.

President Muhammadu Buhari
The Minister said the Federal Government has also directed the National Broadcasting Commission (NBC) to immediately commence the process of licensing all OTT and social media operations in Nigeria.
The development comes after Twitter deleted President Muhammadu Buhari’s tweet where he threatened to treat Nigerians “misbehaving” in “the language they understand”.

“Many of those misbehaving today are too young to be aware of the destruction and loss of lives that occurred during the Nigerian Civil War. Those of us in the fields for 30 months, who went through the war, will treat them in the language they understand.” - the president tweeted.

2 days ago the President's Twitter account was reported by Nigerians who understood the last part of the president's tweet thread as threats against the Indigenous People of Biafra (IPOB) and its military wing, the Eastern Security Network (ESN).
Many reminded Buhari of the consequences of the Nigerian Civil War which lasted from 1967 to 1970, stating that such must not be repeated.

Over 3 million Nigerians, mostly Igbo people, died during the war. Millions of people, especially children also starved to death.

Social media users likened President’s statement to that of the former United States President Donald Trump which earned the latter a permanent suspension.

22/05/2021

SECURITY ALERT!

The Acting Inspector General of Police, Usman Baba, has raised the alarm that members of the Boko Haram terrorist group are planning to carry out an attack on the Federal Capital Territory (FCT) and the Plateau State capital, Jos.

06/05/2021

Despite assurances by the police authorities that the Abuja is safe, private schools in Bwari Area Council of the Federal Capital Territory, yesterday, hurriedly shut down their activities over fear of possible attack by kidnappers.

According to LEADERSHIP, some schools hurriedly sent their students home when news got to them over 200 unidentified men suspected to be bandits were dropped by a truck in Sabon Wuse area of Niger State, a border town with Bwari, Abuja.

A source disclosed that some private schools closed their schools with instructions to student to remain at home till further notice.

Some parents revealed that the schools gave the instructions on various group WhatsApp platforms of the schools.

In the last two weeks, over ten persons have been kidnapped in Bwari area council with ransom of about N10million paid to secure their release.

Last week, about seven persons were kidnapped in Sabon Fulani area of the council and about N5 million ransom was said to have been paid.

According to residents, the fear was heightened following the report that over 200 unknown persons were dropped from a truck in Sabon Wuse area of Niger State, which shares a border with Bwari.

Some of the schools in Bwari area council that sent their students home yesterday for fear of possible attacks by kidnappers include De-Goopherwood Montessori School (close to Nigerian Law School), Glorious Bright School, Tundun Fulani and Asusi International School.

It has been gathered that Veritas University, in Bwari, has also been closed down and students sent home.
According to a senior lecturer of the school, who said she was not authorised to speak with journalists, ”The school was shut this morning by the vice chancellor.
‘We received a circular that everyone should vacate the school by 11am today (yesterday). ”

Another polytechnic in the area also sent its student out of the hostels.
A 200-level student of Dorben Polytechnic, Bwari, told Leadership that the school authorities issued a circular asking the students to vacate the hostels and that henceforth they will holding lectures online.

27/04/2021

In Niger State, the state Governor, Sani Bello, in an interview with journalists on Monday, said Boko Haram terrorists had taken over a part of the state, hoisting their flag in Kaure village from where they had made incursions into more than 50 villages.
He said Abuja was not safe with Boko Haram’s presence in Niger State.

The governor lamented that over 50 villages, which were overrun by the terrorists, had been deserted by original inhabitants.

He said, “I am confirming that there are Boko Haram elements around Kaure in the Shiroro Local Government of Niger State. They have taken over the territory. They have hoisted their flag. I am confirming to you now that they have taken over the wives of people by force.”

Bello, while describing the situation in the state as critical and pathetic, said over 3,000 villagers escaped to Minna on Sunday night alone, while several others were in camps in Gwada and other places.

“The majority of the displaced persons will have to remain in this camp in Minna because their villages have been taken over by Boko Haram terrorists and bandits. Their wives have been seized from them and forcefully attached to Boko Haram elements,” he said.

He warned that the Boko Haram terrorists were trying to make Kaure their home and headquarters like they did in Sambisa forest, adding that while Sambisa forest is several kilometres away from Abuja, Kaure is only two hours drive to Abuja.

He explained that his administration had been asking the Federal Government to come to the aid of the state in dealing with the insecurity, adding that such efforts had not yielded desired results thereby making it possible for the terrorists to occupy a part of the state.

Addressing the governor at the IDP camp, a youth leader, Bulus Esu, said the bandits two weeks ago demanded N5m ransom from the people of Kampana to prevent them from being kidnapped.

He added, “The people did this to avoid kidnap. However, when they came back, they asked the women to cook food for them after which they still r***d the women.”

13/04/2021

A Burkina Faso military tribunal charged ex-President Blaise Compaore and other officials with the murder of Thomas Sankara, the iconic West African leader killed in a 1987 coup.

Compaore, one of his top aides, Gilbert Diendere, and 12 others should face trial for the killing the former president known as “Africa’s Che Guevara,” the tribunal said Tuesday in a ruling in the capital, Ouagadougou.

Compaore has been living in exile in Ivory Coast since being removed from power in a popular revolt in 2014. His party finished second in elections in November and his supporters last month urged the government to allow him to return to the country.

Sankara was an army captain and anti-imperialist who seized power in a 1983 coup. He led the country for four years until his murder at the age of 37. Burkina Faso’s transitional government reopened the case of his murder, which remains unresolved after more than three decades.

Compaore, who fled the country after three decades in power, blocked all attempts to investigate the killing of his one-time comrade. Sankara is still admired in West Africa for his policies such as promoting women and improving health and education, and held up as an example of a leader by a generation of Burkinabe born after he died.

Critics say Sankara’s National Council of the Revolution also imprisoned union leaders without trial, sometimes abusing military rule.

09/04/2021

Abuja Electricity Distribution Company (AEDC) --- Power shortage announcement

03/04/2021

A battle between Nigerian banks and MTN left millions of subscribers unable to recharge their phones using the USSD services on Friday. That was after banks shut off the telecoms firm over fees charged for the service.

MTN had reduced commission given to lenders from 3.5% to 2.5%. The decision was contested by the banks, but the telco refused to yield.

The disagreement led to MTN subscribers not being able to access USSD of Guaranty Trust Bank, Access Bank and other financial services. Apparently the banks cut off the service to protect their profits....in a move that has been described by telco executives as “tyrannical”.

MTN advised its subscribers to seek alternative means of recharging their phones without informing them what the problem was.

The faceoff between both sectors has now drawn the attention of the Federal Government.

Commenting on the issue, the Minister of Comnunications and Digital Economy, Isa Pantami, said he has spoken to the regulators of respective sectors, Central Bank of Nigeria and the Nigerian Communications Commission.

Pantami said the disagreement will be rresolve in order for services to be restored:

"On the fallout between and some banks on USSD services today, I engaged with both regulators, the Governor of and EVC .

"We have reached an advance stage of resolving the issues, for the services to be restored to our citizens. Many thanks." the minister said in a statement posted on his Twitter page.

03/04/2021

A battle between Nigerian banks and MTN left millions of subscribers unable to recharge their phones using the USSD services on Friday. That was after banks shut off the telecoms firm over fees charged for the service.

MTN had reduced commission given to lenders from 3.5% to 2.5%. The decision was contested by the banks, but the telco refused to yield.

The disagreement led to MTN subscribers not being able to access USSD of Guaranty Trust Bank, Access Bank and other financial services. Apparently the banks cut off the service to protect their profits, in a move that has been described by telco executives as “tyrannical”.

MTN advised its subscribers to seek alternative means of recharging their phones without informing them what the problem was.

The faceoff between both sectors has now drawn the attention of the Federal Government.

Commenting on the issue, the Minister of Comnunications and Digital Economy, Isa Pantami, said he has spoken to the regulators of respective sectors, Central Bank of Nigeria and the Nigerian Communications Commission.

Pantami said the disagreement will be rresolve in order for services to be restored:

"On the fallout between and some banks on USSD services today, I engaged with both regulators, the Governor of and EVC .

"We have reached an advance stage of resolving the issues, for the services to be restored to our citizens. Many thanks." the minister said in a statement posted on his Twitter page.

27/03/2021

Views of the Capital

📷:

23/03/2021

Prince Harry has entered the workforce.

Now that he's no longer a working member of the British royal family, the Duke of Suss*x has taken a job as an executive at a Silicon Valley start-up company called BetterUp.

The company announced in a news release Tuesday that Harry, 36, has joined its executive team as chief impact officer. The start-up provides "mobile-based coaching, counseling, and mentorship for both personal and professional growth," according to the release.

Harry's position will entail working on promoting greater dialogue around mental health, a cause that he has frequently championed.

"As BetterUp’s first Chief Impact Officer, my goal is to lift up critical dialogues around mental health, build supportive and compassionate communities, and foster an environment for honest and vulnerable conversation," Harry said in a blog post on the company's website.

"And my hope is to help people develop their inner strength, resilience, and confidence."
He also explained why he took the position.

"I firmly believe that focusing on and prioritizing our mental fitness unlocks potential and opportunity that we never knew we had inside of us," he said. "As the Royal Marine Commandos say, ‘It’s a state of mind.’ We all have it in us.

"Being attuned with your mind, and having a support structure around you, are critical to finding your own version of peak performance."

He said he will be focused on the four areas of driving advocacy and awareness, guiding BetterUp's social mission and impact, influencing the vision of the company's platform, and expanding BetterUp's global community.

BetterUp has a network of more than 2,000 coaches, more than 270 employees and has worked with businesses and entities that include Hilton, Chevron, NASA and Warner Media.

23/03/2021

Burger King, an American multinational hamburger fast-food chain headquartered in Florida, has announced interest to open outlets in Nigeria.

Antoine Zammarieh, the Franchisee of Burger King in Nigeria who made this development known, revealed that the hamburger maker in a show of interest in the Nigerian market had signed a development agreement for the Nigerian market.

He explained that the development agreement of the chain in Nigeria which was recently signed would give more confidence to the Nigerian market and consumers in general, especially during these hard times.

He said, “I always believed in Nigeria and in its people. I am confident this venture will go a long way and prove successful for Burger King, Nigeria, and our company.”

“I believe this would be a tremendous step towards giving more confidence into the Nigerian market and consumers in general.”

The first outlet of the Hamburger chain in Nigeria is expected to be launched in Lagos.

18/03/2021

Tanzanian President John Pombe Magufuli has died at the age of 61, the government announced on Wednesday.

The 61-year-old leader nicknamed "the bulldozer" has died of heart failure, after weeks of speculation he was infected with COVID-19. Many will remember him for his controversial handling of the pandemic in Tanzania.

Announcing his death in a live television address, Vice President Samia Suluhu Hassan said Magufuli had died of a heart condition.

Speculation had been rife about his possible infection with the coronavirus. He had not been seen in public since the end of February.

"Our beloved president passed on at 6 p.m. this evening," said Suluhu. "All flags will be flown at half-mast for 14 days. It is sad news. The president has had this illness for the past 10 years.''

She added that the late president died at a hospital in Dar es Salaam, Tanzania's largest city.

Since the pandemic was declared in March 2020, Magufuli had downplayed the severity of the virus.
At one point, he made fun of the country's coronavirus testing facilities, saying he had secretly sent samples of papaya and goat and that they came out positive.

Though he never provided proof of that claim, he warned that those results could mean that people were getting false positive results.
Shortly afterward, Tanzania stopped sharing updates on the number of people infected and killed due to COVID-19.

The country's last coronavirus figures were given in May last year. At that time, 509 people were confirmed to have contracted the virus and 29 had died.

No lockdown:

As neighboring countries Kenya and Uganda were implementing lockdowns and curfews to curb the spread of COVID-19, President Magufuli shocked many by declaring that that Tanzania would remain open for business.
"We Tanzanians have not locked ourselves down, and I don't expect to announce even a single day that we are implementing a lockdown because our God is still alive, and he will continue protecting us Tanzanians," the late president once told a crowd.
"But we shall also continue taking precautions, including steaming. You steam, at the same time pray to God,

15/03/2021

The United States has alleged that the business strategies of the Dangote Group are dangerous to the Nigerian economy.

Aliko Dangote, famed as the Africa’s richest man, is the owner of the Dangote Group of Companies, which have been described as the largest conglomerate in West Africa boasting of over 30,000 employees.

“Although an undiluted success in terms of wealth accumulation, Dangote personifies the duality in Nigeria’s economy,” the American government said while maintaining that the duality “presents a dilemma for country’s economic policy.”

It accused Dangote Group of blocking investment that the company may see as major competitors, noting that “Weighing everything in the balance, we believe the Dangote model is harmful to Nigerian and American interests in the long run.”

A report published in 2010 on Wikileak’s website had said even though Dangote played a major role in Nigeria’s economy, “many products on the country’s import ban list are items in which it has major interests.”

The American government further warned, “Unfortunately, the Dangote model will likely be the one most emulated until its beggar-thy-countrymen contradictions become more apparent.”

The company faced backlashes after it called for a total ban on tomato importation in 2019 when it started its tomato processing subsidiary.

Barely two weeks ago, the conglomerate proposed a provision in the Petroleum Industry Bill (PIB) seeking to ban the importation of oil by companies without refining licences, which according to the company, will help spur investments in Nigeria’s oil and gas industry.

Dangote also recommended that the volume of fuel imported should be distributed according to what each refinery produces.

The recommendation came at the time Dangote Group was on the verge of completing a 650,000 barrels-per-day refinery in Lagos.

Businessman and founder of Stanbic IBTC, Atedo Peterside, faulted the unfair advantages.

He tweeted “This is why some of us argue that the Nigerian economy is rigged in favour of a handful of well-connected persons.”

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