Connect with us

News

Amosun, Dangote Differ Over Cement Plant Demolition

Published

on

The President of Dangote Industries, Alhaji Aliko Dangote, yesterday, alleged that his cement plant in Itori, Ewekoro local government area of Ogun State was demolished twice by the Governor Ibikunle Amosun administration, including the factory’s fencing during the second demolition.

However, in a swift reaction to the allegation, the former Ogun State governor said that Dangote does not possess requisite approvals for constructing the structures he alleged were demolished.

Speaking when he visited his new Cement factory located in Itori Ewekoro local government area of the state, Dangote commended Governor Dapo Abiodun for persuading him to return and resume construction of the plant, which is now nearing completion and expected to commence operations next year.

Dangote said: “I think it is good we have it on record that the (cement) factory we are visiting now in Itori, you know it was because of His Excellency (Dapo Abiodun) that we came back.

“That factory was demolished twice. We started, and Governor Amosun demolished it. The second time, we started again; he demolished not only the factory, including the fencing, so we left.

“But, right now, we are coming because of His Excellency my brother, Prince Dapo Abiodun. We are now back.”
He said the facility will feature two 6,000t/day clinker production lines, covering limestone crushing, cement packaging, and shipping, further solidifying Ogun State’s status as an industrial powerhouse.

He said: “Dangote Cement is Africa’s leading cement producer with 52.0Mta capacity across the continent, of which almost 70% of our production is based in Nigeria. Our Obajana plant in Kogi State is currently the largest in Africa with 16.25Mta of capacity across five lines; the Ibese plant in Ogun State has four cement lines with a combined installed capacity of 12Mta; Gboko plant also in Benue state has 4Mta; and Okpella plant in Edo State has 3Mta. By the time we deliver Abidjan and Itori, we will be at 61mm tons per annum next year.

“It is on record that our investment in cement manufacturing made Nigeria self-sufficient in the product, effectively ending importation and marking its transformation into a cement exporting nation.

“We repeated the feat in the production of fertilizer as Nigeria is now self-sufficient, with the surplus going for the export market thereby generating foreign exchange earnings for the country.

“We rolled out automotive gas oil (AGO) in January 2024 and Premium Motor Spirit (PMS) in September 2024 from our 650,000 barrels per day petroleum refinery located in Ibeju-Lekki. Other products from the refinery include aviation fuels, LPG, and carbon black.

“The refinery can meet domestic demand for all refined petroleum products. Today, we have repeated the cement story, where a country that was once a net importer of a product, is now exporting refined petroleum products.

“Additionally, we have also commenced the production of Polypropylene at our petrochemical complex.
“At Dangote Industries, our goal is to make Nigeria self-sufficient in whatever we consume, because we have the natural resources for the domestic manufacturing of these products and commodities.

“This is tested by the influx of many manufacturing firms setting up their plants here. I especially would like to commend specially, my good friend and brother, the Governor of Ogun State for your vision, and deliberate policies that focus on attracting enterprises through immense support for the private sector which is now attracting investors”.

“We have also received tremendous support and encouragement from both the traditional ruler and the good people of Itori land, which enabled the speedy takeoff of the project.

“Similarly, we enjoyed such tremendous support from the traditional rulers in Yewa Land and host communities of Ibese Cement Plant. We are grateful for such an overwhelming show of partnership and support and ask that this same level of support be extended to the operations of the plant.

“Nigeria is a growing economy; the developmental challenges are quite enormous and require concerted efforts to overcome them. This is why private companies should complement the government’s efforts. It is in this light that we, at Dangote Industries, continue to demonstrate our belief in this nation and its people and make investments that are targeted towards transforming the economy of the nation through our work in Ogun State as we have done elsewhere.”

I won’t be bullied or blackmailed — Amosun

While reacting to the allegation, Senator Amosun, who spoke through his Media Aide, Lanre Akinwale said that Dangote did not possess requisite approvals for constructing the structures he alleged were demolished.

The former governor said: “We want to appeal to Alhaji Dangote to avail the public of the requisite approvals for the construction of the structures he alleged were demolished.

“This will, at least, help the public to put the issue in proper context and for us to know what exactly his grouse is.

“For us, as a government, we believed that there could not be two governments in a state, and Dangote, therefore, could not operate above the law or under a different set of laws.

“It is important to note that at the commissioning of his Ibese Cement factory, Dangote praised the Amosun administration to high heavens for its promotion of investments in Ogun State and for facilitating the commencement of the cement factory after eight years of frustration as he then alleged by other administrations.

“Dangote is just one of the many ongoing concerns in Ogun State, and the Amosun administration is on record to have attracted over 500 companies to the state and was acknowledged by the World Bank as one of the top three states ensuring Ease-of-Doing-Business in Nigeria.

“While we will not give vent to this obvious mischief as it is deliberate, we will advise Alhaji Dangote to furnish the public with details of the land acquisition with relevant planning approvals, and let us engage in a constructive conversation therefrom.”

“However, while we will wait to hear from him, we would like to state that not all Nigerians can be compromised, bullied or blackmailed. The notion that everyone has a price is an expression applicable only to people with weak foundations and questionable upbringing. This is why some of us will continue to uphold high standards in all our undertakings, irrespective of whose ox is gored.”

News

Rivers Assembly Suspends Impeachment Move Against Fubara After Tinubu’s Intervention

Published

on

By

The Rivers State House of Assembly has officially suspended impeachment proceedings against Governor Siminalayi Fubara and his deputy, Ngozi Odu, following President Bola Tinubu’s intervention.

The House moved the motion to halt the impeachment process on Thursday at its resumed sitting in Port Harcourt, the state capital.

JomogNews had reported that during its first sitting of 2026, the House had begun impeachment proceedings against the governor and his deputy over allegations of gross misconduct, including the demolition of the State Assembly complex and alleged spending without legislative approval, among other claims.

More details later….

 

 

Continue Reading

News

Reserves Surge To $48.5bn As Nigeria Reclaims 2013 Peak Levels

Published

on

By

Nigeria’s foreign exchange (FX) reserves have reached $48.5 billion, their highest level in nearly 13 years.

This milestone, confirmed by data from the Central Bank of Nigeria (CBN), surpasses previous multi-year peaks and represents the strongest balance since May 14, 2013, when reserves stood at approximately $48.51 billion.

However, the data showed that the foreign reserves increased steadily by 6.45 percent or $2.94 billion year-to-date, from $45.56 billion reported on January 1 to $48.5 billion.

Further checks showed that the FX reserves figure was $48.36 billion on Monday.

According to the CBN, FX reserves are assets held on reserve by a monetary authority in foreign currencies, which are used to back liabilities and influence monetary policy.

On December 22, 2025, the apex bank projected that the country’s external reserves would rise to $51.04 billion in 2026, saying the increase will be supported by FX reforms.

“Reforms in the foreign exchange market are expected to sustain exchange rate stability, while external reserves are projected to increase to US$51.04 billion,” CBN said.

On February 10, Olayemi Cardoso, governor of CBN, said the bank will do “whatever it takes” to safeguard the value of the naira, while strengthening the country’s external reserves.

Looking ahead to 2030, he said the CBN’s targets include achieving single-digit inflation and growing foreign exchange (FX) reserves driven by non-oil exports, foreign direct investment, and diaspora remittances.

 

Continue Reading

News

Ogun Police Launch Investigation Into TikToker Mirabel’s Sexual Assault Claims

Published

on

By

The Ogun State Police Command has launched an investigation into sexual assault allegations made by a TikToker known as Mirabel (@mirab351), who is currently receiving treatment in an Intensive Care Unit (ICU).

The case gained widespread attention after she posted emotional videos on Monday, February 16, detailing an attack she claimed occurred at her home the previous Sunday.

The command’s Public Relations Officer, Oluseyi Babaseyi, disclosed the development on Thursday while speaking on The Morning Brief.

Babaseyi confirmed that Mirabel voluntarily visited the Ibafo Police Division on Tuesday, February 17, to lodge a formal complaint and was subsequently admitted to the hospital for medical care due to her unstable condition.

“When the DPO in Ibafo met with her, she was taken to the hospital for medical analysis. She wasn’t as stable as necessary, but we ensured the investigation continued.

“As we speak, she is in the intensive care unit getting appropriate care. Her medical well-being is more important to us at this point. When she is stable, we can now continue investigations and get the necessary facts,” Babaseyi said.

According to Babaseyi, the incident reportedly occurred in Ogijo, a border community between Ogun and Lagos states.

The police have established that Mirabel was not arrested, but rather, she is being treated as a victim.

The command urges individuals with useful information to come forward and assist with the investigation.

“She was not arrested by the police. She reported a case, and we are investigating. Nothing like her arrest happened,” he said.

“If the allegation is established to be true, the perpetrator will be arrested and charged to court appropriately. Otherwise, the law also addresses giving false information,” the police stated.

The police said they will rely on evidence to reach a logical conclusion and take appropriate action.

“We advise people not to jump to conclusions based on emotions. We are investigating and will rely on evidence to reach a logical conclusion,” Babaseyi said.

Continue Reading

Trending