Day: May 7, 2025

The illusions of a cabal in the mindset of an entrepreneur by Mfei Alol-Nugo

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In recent publications, Alhaji Aliko Dangote, President of the Dangote Group and the owner of the $20 billion dollars Dangote Refinery, was quoted as declaring that he will “defeat the cabal” in Nigeria’s oil sector! Not only is this misleading, but it is also a strategic diversion from the pressing issues facing our nation’s energy landscape, a diversionary move from Dangote’s monopolistic embrace which other stakeholders in the downstream petroleum sector will find difficult to accept considering its impact on their businesses and Dangote’s antecedents in the cement and food…

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‘No Womb, No Child,’ Inside Story Of Nigerian Actress Marriage, Infertility

ADEOLA YUSUF

. Nse Ikpe-Etim opens up on journey through marriage, infertility, and finding wholeness   “When the doctors said: “We will need to take out your womb,” the world around me collapsed. I sat there, frozen: “What do you mean… no children?” There are things you never plan for. You grow up with dreams — you dream of a career, a family, children… the laughter of little ones running through the house. You think it’s natural. That it will happen. Until life — in its unpredictable way — rewrites your story.…

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Govt’s Spending On Electricity Subsidy Hits N762 Billion

ADEOLA YUSUF

. Fresh facts and figures NERC just published on power sector reveal more   Electricity subsidy has increased to about N762bn in the first four months of 2025. Figures from various reports of the Nigerian Electricity Regulatory Commission showed that the subsidy on power was approximately N178bn in January. It rose to N194bn in February, N192bn in March, and N194bn in April. The Federal Government is therefore going to pay a sum of N198.42bn as electricity subsidy in April. According to a recent media report, the amount is N5.82bn higher…

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I’ll Fight Oil Traders, Marketers Frustrating Tinubu’s Reforms – Dangote

ADEOLA YUSUF

President of Dangote Group, Aliko Dangote, said he would fight to a standstill some major oil marketers and traders who were bent on frustrating the efforts on President Tinubu in revamping the nation’s economy. Dangote,who said this during his visit to President Tinubu gave the clarification on the heels of his earlier statement to fight the cabal in the oil sector in order to guarantee the survival of his $20bn refinery. He said his statement was not in any way connected to the new leadership of the Nigerian National Petroleum…

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Electricity Tariff Hike Imminent, Adelabu Hints At Total Subsidy Removal

ADEOLA YUSUF

Mr. Adebayo Adelabu, Minister of Power has called on Nigerians to accept cost-reflective electricity tariffs, stating that the economy can no longer sustain blanket subsidies. Speaking during a meeting with the Chairperson of the Association of Power Generating Companies (APGC), Dr. Joy Ogaji, Adelabu emphasized the urgent need to fully liberalize the power sector. A statement by his media aide, Bolaji Tunji, quoted the Minister as saying, “Citizens must pay the appropriate price for energy consumed. Targeted subsidies will continue for vulnerable Nigerians, but we must understand that our economy…

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EFCC Interrogates Iyabo Ojo Over Money Spraying At Daughter’s Wedding

ADEOLA YUSUF

Nollywood actress Iyabo Ojo has confirmed that she was recently questioned by the Economic and Financial Crimes Commission (EFCC) regarding money spraying at her daughter’s lavish wedding ceremony. In a post shared via Instagram on Tuesday, the actress — popularly known as the Queen Mother — disclosed that the EFCC reached out to her while she was abroad. Nollywood actress Iyabo Ojo has confirmed that she was recently questioned by the Economic and Financial Crimes Commission (EFCC) regarding money spraying at her daughter’s lavish wedding ceremony. READ ALSO: ’52 Years…

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’52 Years After,’ Govt Begins NYSC Overhaul, Reassesses Scheme’s Relevance

ADEOLA YUSUF

‘Corps members safety, decayed infrastructure,’ the minister of youths development wants Nigerians to know about the NYSC comprehensive review      The federal government has inaugurated a reform committee to carry out a comprehensive overhaul of the National Youth Service Corps (NYSC). Omolara Esan, the public relations director at the federal ministry of youth development, announced the move in a statement on Tuesday. Esan said the reform is aimed at strengthening the structure, relevance, and impact of the NYSC, while aligning it more closely with Nigeria’s national development priorities and…

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Men, Stop Joining Your Ancestors, By Funke Egbemode

ADEOLA YUSUF

For many years, women were held responsible for men not living to ripe old ages. Grieving women were subjected to the most inhuman cultural or traditional widowhood rites which I insist point to the backwardness and wickedness of those who inflict them. I mean, what kind of woman forces a fellow woman who had just lost her husband to drink the water used to bathe a corpse? My friends, if your mother had ever participated in doing this evil to another woman, go and pray, so that God will not…

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‘7-6 On Aggregate’ Inter Milan Defeat Barcelona, Advance To Champions League Final

ADEOLA YUSUF

Inter Milan have beaten Barcelona 7-6 on aggregate to reach the Champions League final after a stunning 4-3 extra-time victory at the San Siro in Italy. Simone Inzaghi’s side raced into a two-goal lead only for Barcelona to score three second-half goals to take the lead. Sahara Group Foundation Deepens Commitment To African Entrepreneurs With MADAA Reloaded ‘Performing Arts And Others,’ 5 Degrees With Highest Unemployment Rates But Francesco Acerbi scored an injury-time equaliser and Davide Frattesi won it in extra time to send Inter into this month’s Munich final.…

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Sahara Group Foundation Deepens Commitment To African Entrepreneurs With MADAA Reloaded

ADEOLA YUSUF

The Sahara Group Foundation has repositioned the Making A Difference Around Africa (MADAA) initiative to support entrepreneurs on the continent with seamless access to markets, technology, and business advisory services. Platforms Africa reports that the Director of Sahara Group Foundation, Chidilim Menakaya, declared this during the launch of MADAA Reloaded in Lagos. “Through the MADAA initiative,” she said; “we aim to connect entrepreneurs with opportunities that will grow their businesses and ultimately unlock Africa’s potential for inclusive development.” “As a flagship initiative of the Sahara Group Foundation’s dynamic and bold…

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