Connect with us

General

Nigeria Lacks Visionary Leaders—Dangote

Published

on

**Begs FG to Stop Importation of Milk

By Dipo Olowookere

President of Dangote Group, Mr Aliko Dangote, has appealed to federal government to stop the importation of dairy product like milk just like with cement by coming up with what he called “draconian policy.”

The Africa’s richest man gave this suggestion in an interview with the Financial Times of London, where he was quoted as saying “Nigeria has always had a lack of visionary leadership.”

Mr Dangote, whose Dangote Cement controls over 65 percent share of the market in Nigeria, decried the fact that Nigeria still imports a lot of things that could be produced locally.

According to him, “What Nigeria needs is to produce locally what we can produce locally. Nigeria still imports vegetable oil, which makes no sense.

“Nigeria still imports 4.9 million tonnes of wheat, which does not make sense. Nigeria still imports 97 or 98 per cent of the milk that we consume.

“Government needs to bring out a draconian policy to stop people importing milk, just like they did with cement,” he was quoted to have said.

Speaking about his $12 billion oil refinery project expected to become operational in 2019, he said, “when we finish this project, for the first time in history Nigeria will be the largest exporter of petroleum products in Africa.”

When it is up and running, — the refinery will process 650,000 barrels of oil a day, a third of every drop Nigeria produces and approaching one per cent of planetary production.

That will make it the biggest oil refinery of its type in the world.

It will pump out all the plastic Nigeria’s 190 million population needs, as well as three million tonnes of fertiliser a year, more than all its farmers currently sprinkle on their fields.

The project requires sinking 120,000 piles, on average 25 metres in length. But, no port in Nigeria is big enough to take delivery of the massive equipment, which includes a distillation tower the height of a 30-storey building, and no road is strong enough to bear its weight.

Mr Dangote disclosed that he had to build both, including a jetty for which he has dredged the seabed for 65m cubic metres of sand.

There is not enough industrial gas in the whole country to weld everything together, so Dangote also revealed that he will build his own industrial gas plant. There aren’t enough trucks, so he’s producing those in a joint venture with a Chinese company, he added.

The plant will need 480 megawatts of power, about one-tenth of the total that electricity-starved Nigeria can muster, he further hinted.

Dangote is building his own power plant too.

For years, and absurdly, Nigeria has exported all its oil as crude and then reimported refined petroleum, such as petrol and benzene.

That has been a lucrative racket for the middlemen who scheme over import contracts and who concoct ways to scam a system distorted by subsidies.

“I am sure you know about this game,” Mr Dangote said. Because of its reputation for skulduggery, he said, he has shunned the oil trade.

“It is very simple to destroy a name,” he added, referring to a family business that stretches back to his great-grandfather on his mother’s side, Mr Alhassan Dantata, a prodigiously wealthy merchant who imported kola nuts from Ghana and exported groundnuts from Nigeria.

“But it’s very difficult to build it.”

Mr Dangote reiterated his desire to acquire London-based Arsenal Football Club, saying “I love Arsenal and I will definitely go for it.”

He reckoned that the football club is worth about $2 billion.

Speaking about his daily schedules, he said, “people call me in the middle of the night to tell me about their problems.”

According to him, Tony Blair, a former British prime minister and his friend had told him he needed to screen his calls. “Tony said he only makes three phone calls a day,” Mr Dangote said, adding that each day, scores of emails come rat-tat-tatting in. “You try to be polite and reply but they come back to you with a longer email, not minding that here is a very, very busy person,” he said.

He reckoned that he takes more than 100 calls a day.

“Look Aliko’,” he said Mr Blair had told him, “the world is not going to fall apart if you don’t answer your phone.’ “He, however, said his ambitions were changing as he is considering pulling back from the business, concentrating on strategy and letting others run things day-to-day.

“I’m trying to step back from some of the boards.”

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

General

Digital Switchover: NBS, NigComsat Train Installers in Ibadan

Published

on

Charles Ebuebu DG NBC Train Installers Digital Switchover

By Modupe Gbadeyanka

Over 50 skilled technicians drawn from various states across the South-West region of Nigeria converged on Ibadan, Oyo State, on Friday for a comprehensive technical and sensitisation training programme for set-top box installers and associated reception equipment technicians.

This training was organised by the National Broadcasting Commission (NBC) in partnership with the Nigerian Communications Satellite Limited (NIGCOMSAT) to guarantee a smooth, efficient, and error-free rollout of Nigeria’s digital broadcasting migration.

Nigeria’s journey toward digital terrestrial television has spanned nearly two decades. The country formally adopted the digital switchover policy in 2008 in line with the International Telecommunication Union’s (ITU) 2006 global mandate, which set a June 2015 deadline for member states.

Successive missed targets in 2017 and beyond stemmed from funding constraints, policy inconsistencies, infrastructure gaps, and logistical challenges. While pilot projects were implemented in Plateau, Lagos, Kano, Enugu, Kwara, Osun, Kaduna, and the Federal Capital Territory, nationwide coverage remained a distant goal.

After substantial public investment exceeding N60 billion with limited results, the federal government unveiled a bold, renewed strategy in 2025 titled The Big Picture on June 17, 2026, with a firm analogue switch-off date set for December 31, 2028.

The new framework introduces a hybrid broadcasting model that intelligently combines Digital Terrestrial Television (DTT), Direct-to-Home (DTH) satellite delivery via NIGCOMSAT-1R, and Internet Protocol (IP)-based distribution.

By prioritising satellite technology, Nigeria leverages its sovereign satellite assets to significantly reduce dependence on expensive terrestrial transmission infrastructure. This approach is projected to accelerate digital television rollout by over 65 per cent while delivering near-instantaneous national coverage.

The Head of the Digital Switchover (DSO) unit and Deputy Director of Public Affairs at the NBC, Mrs Clementine Usman-Wamba, noted that the Ibadan session is the first of many planned across Nigeria’s geopolitical zones.

The Ibadan training directly addresses the technical demands of this hybrid ecosystem. Installers will be equipped with skills in satellite dish alignment for DTH, terrestrial antenna optimisation for DTT signals, and the configuration of hybrid reception devices.

Given the significant departure from analogue systems and earlier pilots, this sensitisation is essential to minimise installation errors, reduce service disruptions, and ensure that even households in rural and underserved communities can enjoy seamless access to superior digital broadcasts.

The FreeTV platform, built on open-standard DVB-S2 technology, will offer up to 100 free-to-air high-definition channels to an estimated 40 million television households across the country.

For terrestrial reception, Nigeria has adopted the advanced DVB-T2 standard with MPEG-4 AVC compression, which supports up to 20 channels per frequency—far more efficient than previous systems.

Consumers can access the service using affordable DVB-S2-compatible set-top boxes (priced between N15,000 and N25,000) or smart TVs with built-in DVB-T2 digital tuners.

Beyond technical excellence, the DSO represents a major national economic transformation project. The reallocation of broadcast spectrum (the “digital dividend”) will unlock new opportunities in telecommunications and broadband services. The advertising market is projected to expand by up to N605.2 billion, while local manufacturing and assembly of reception equipment is expected to generate over 20,000 jobs.

Continue Reading

General

NIMASA Launches Blue Economy Accelerator for Maritime Startups

Published

on

Nigeria Blue Economy

By Adedapo Adesanya

The Nigerian Maritime Administration and Safety Agency (NIMASA) has introduced the Blue Economy Accelerator Programme, a strategic initiative to identify, nurture, and accelerate innovative startups that will contribute to the sustainable growth of Nigeria’s marine and blue economy.

The Blue Economy Accelerator Programme is aimed at attracting young, vibrant minds with innovative ideas capable of transforming Nigeria’s maritime ecosystem.

The Director-General of NIMASA, Mr Dayo Mobereola, said that through the initiative, participants will receive structured business development support, industry mentorship, and technical guidance to convert promising concepts into viable ventures that address critical challenges and opportunities within the blue economy.

“The programme reflects NIMASA’s commitment to supporting the implementation of the vision of the Federal Ministry of Marine and Blue Economy in unlocking the immense potential of the blue economy by empowering young innovators, entrepreneurs, and technology-driven enterprises. We at NIMASA want to provide a platform for investors to identify young talents and invest in them,” he said.

The NIMASA DG commended the Minister of Marine and Blue Economy, Mr Adegboyega Oyetola, for codifying the Marine and Blue Economy Policy as a clear roadmap for the sector’s development and also urged young Nigerians to embrace the programme, which has the potential to transform raw talents into big investments in the maritime sector.

Applications are open to startups and innovators developing solutions across several strategic sectors, including marine waste management and the blue circular economy; aquaculture And sustainable fisheries; maritime technology and logistics innovation; ocean energy including wave, tidal, and offshore renewable energy; marine tourism and coastal recreation; marine biotechnology such as, ocean data and analytics; green Shipping, including vessel decarbonization; smart port solutions; autonomous marine vehicles; biofouling prevention technologies; and coastal resilience through nature-based coastal defence solutions.

The first phase of the programme is expected to attract a minimum of 150 high-quality applications from within and outside the country, provided they are Nigerian citizens.

Continue Reading

General

Sanwo-Olu, Info Minister, Others for 53rd AAAN AGM/Congress in Lagos

Published

on

Sanwo-Olu media chat Thursday

By Modupe Gbadeyanka

Governor Babajide Sanwo-Olu of Lagos State will declare open the 53rd Annual General Meeting (AGM) and Congress of the Association of Advertising Agencies of Nigeria (AAAN) taking place from July 23–24, 2026, at the Providence Hotel, Ikeja GRA, Lagos.

The event is expected to bring together leaders from advertising, marketing, media, government and the wider creative economy to examine the forces reshaping the industry.

A statement from the group stated that the programme, themed AdVolution: The End of Advertising as We Know It and How to Win What Comes Next, will have the Minister of Information and National Orientation, Mr Mohammed Idris Malagi; the Director-General of the Advertising Regulatory Council of Nigeria (ARCON), Mr Lekan Fadolapo, and others in attendance.

The conference will feature keynote presentations by the CMO of Fidelity Bank, Mr Meksley Nwagboh, and the chief executive of Big Cabal Media, Tomiwa Aladekomo. They will share insights on the evolving advertising landscape and the opportunities shaping its future.

This year’s congress comes at a time when artificial intelligence, digital platforms, changing consumer behaviour and the creator economy are transforming how brands connect with audiences and deliver value.

The conference will examine some of the industry’s most pressing issues, including the shift from interruption-based advertising to participation-led engagement, the evolution of agencies into technology-driven ecosystems, the rise of the creator economy and the growing need to move beyond traditional commission models towards measurable business impact.

The president of AAAN, Mr Lanre Adisa, described this year’s theme as both timely and necessary.

“This year’s AGM comes at a defining moment for our industry. AdVolution captures the reality we are all facing: a period of big change that is reshaping how we work, create and deliver value. This gathering is an opportunity for industry players to come together, exchange ideas and shape the next chapter of advertising in Nigeria,” he stated.

Activities will commence on July 23 with a members-only Business Session featuring the President’s stewardship address, committee reports and deliberations on the Association’s progress and strategic direction.

The main conference takes place the next day and will conclude with the AAAN Gala and Awards Night, celebrating outstanding contributions to Nigeria’s advertising industry.

Continue Reading