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I Have Nowhere Else To Invest Except Nigeria – Dangote Reveals Bold Expansion Plans.
According to industry reports, Aliko Dangote, President and Chief Executive Officer of the Dangote Group, has urged African entrepreneurs to prioritize investing within the continent, emphasizing that domestic investment is essential to attracting foreign capital.....KINDLY READ THE FULL STORY HERE▶
Dangote made the call during the ‘Imo State Economic Summit 2025’, held on Thursday in Owerri, Imo State. He stated, “If we don’t invest at home, there is nobody on earth who will come and invest here. What attracts foreign investors is domestic investment, and that’s what we are doing.”
The billionaire industrialist commended President Bola Tinubu’s economic reforms, describing them as bold measures already producing tangible results. “I want to thank President Bola Tinubu for his courageous policies, which are already yielding results. He really took some bold economic steps, one of which was the removal of fuel subsidy,” Dangote remarked.
He also shared insights from a recent CNN interview, where he explained the rationale behind doubling the capacity of his refinery to become the largest in the world. “I told them that I don’t have anywhere else to go and invest but at home,” he said.
Highlighting Africa’s vast investment potential, Dangote stressed that the continent holds about 30 percent of the world’s mineral resources. “There are so many mineral resources in Africa, and many are competing to access them. If we don’t lead by investing, who else will?” he questioned.
On economic development, Dangote emphasized the critical role of reliable electricity, adding, “There can never be growth without power.” He praised Imo State Governor Hope Uzodimma for the 375-megawatt electricity initiative and pledged significant investment in the state, expressing confidence in its economic prospects.
Dangote further revealed that the Dangote Group plans to become Nigeria’s largest fertilizer investor by 2028, increasing production from three million to 12 million tons of urea. He also confirmed that the Dangote Refinery’s expansion will ultimately enable it to process up to 1.4 million barrels of crude oil per day, a feat unprecedented globally.
Nigerian businessman Obi Cubana has spoken about the ongoing detention and legal proceedings involving Nnamdi Kanu.....KINDLY READ THE FULL STORY HERE▶
News reports that he made his comments during a recent interview with BBC Igbo, where he emphasised that the matter should be handled through fairness and proper legal procedures rather than pressure or force.
He said the situation requires patience and a gradual legal process, expressing optimism that it would eventually lead to Kanu’s release in due course.
According to him, “On the case of Nnamdi Kanu, I have said it earlier that the government needs to treat him the same way they treat others. But it’s not something that will be done by force; it is a step-by-step process. This time around, soon, Mazi Nnamdi Kanu will be free.”
Kanu was first arrested in 2015 over allegations including terrorism, treason, and involvement in an unlawful organisation. He was granted bail in 2017 but later left Nigeria following a military operation in his hometown.
He was rearrested abroad in 2021 and brought back to Nigeria, a development that triggered legal disputes and widespread public debate.
His trial resumed with the Federal Government accusing him of inciting violence through broadcasts and activities linked to his organisation.
Although an appeal court discharged him in 2022 and questioned the circumstances of his return to Nigeria, subsequent legal actions led to the continuation of the case.
Over the years, the trial has attracted national attention, particularly in the South-East, where supporters staged protests and sit-at-home actions demanding his release.
In November 2025, a Federal High Court in Abuja convicted him on multiple terrorism-related charges, ruling that his actions and statements contributed to violence and unrest, and sentenced him to life imprisonment.
Former presidential candidate of the African Action Congress (AAC), Omoyele Sowore, has criticised the legal handling of the case involving former Kaduna State Governor Nasir El-Rufai.....KINDLY READ THE FULL STORY HERE▶
The comment follows the adjournment of El-Rufai’s bail application by the Kaduna State High Court, which moved the hearing to the first week of June 2026.
In a post shared on Tuesday, Sowore expressed concern over what he described as “lawfare” against the former governor, arguing that legal processes should not be used to intimidate individuals.
He urged the courts to uphold the rule of law by granting bail where appropriate and ensuring that all accused persons receive fair trials.
According to him, bail is a constitutional right and should not be turned into a form of punishment or control.
Sowore further argued that using bail conditions to restrict individuals amounts to injustice and should not be tolerated, regardless of who is involved in the case.
He stressed that fairness in the application of the law must be maintained at all times to preserve public trust in the justice system.
The 2023 governorship candidate of the All Progressives Congress (APC) in Rivers State, Tonye Cole, has said Nigerians may need to wait another two to three years before the full impact of the economic reforms introduced by President Bola Tinubu becomes evident.....KINDLY READ THE FULL STORY HERE▶
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