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Why I Don’t Have Houses In London, US – Dangote

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Africa’s richest man, Aliko Dangote, says his knack for industrialisation in Nigeria is the reason why he doesn’t have houses abroad.

Dangote noted that having houses in London or the United States of America would distract him from his focus on making Nigeria a hallmark of industrialisation.

The billionaire stated this while speaking to journalists at the Dangote Petroleum Refinery, Ibeju-Lekki area of Lagos State.

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He said, “The reason I don’t have a London or American house is solely because I wanted to focus on industrialisation in Nigeria.

READ ALSO: FG Meets Local Refiners Over Pricing, Faults Dangote

“I figured that if I had those houses, there would be one reason or the other for me to visit those places, thereby causing distraction for me.

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“I am very passionate about the Nigerian dream, and apart from my Lagos house, I have another one in my home state, Kano, and a rented one in Abuja.”

Local airlines project N980/litre aviation fuel, meet Dangote
In her remarks, the Group Executive Director, Commercial Operations, Fatima Dangote, praised her father’s diligence and perseverance in achieving the Nigerian dream.

Fatima stated, “I have not seen anyone as hardworking as my father. Sometimes I wonder how he never gives up.

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READ ALSO: BREAKING: Dangote Further Crashes Diesel, Aviation Fuel  Price

“I wish we had a few more men like my father in Nigeria. The country will be a better place.”

Earlier, the group CEO disclosed that the Nigerian National Petroleum Corporation now owns only a 7.2 per cent stake in the refinery.

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He said the figure reduced from the initial 20 per cent, saying, “NNPC no longer owns a 20% stake in the Dangote refinery. They were met to pay their balance in June but have yet to fulfil the obligations. Now, they only own a 7.2% stake in the refinery.”

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BREAKING: Akoko Leaves Placed On Ladoja Ahead Of Crowning As 44th Olubadan

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The Afobaje of Ibadanland, Chief Waheed Popoola of the Labosinde Compound, Oja’ba, in the Ibadan South East Local Government Area of Oyo State has placed the Akoko leaves on the head of the former Governor of the state, Oba Rashidi Ladoja, with a loud ovation from the mammoth growth in attendance.

The process is in preparation for his moving to the Ose Meji House where he would be crowded as the 44th Olubadan of Ibadanland, shortly after leaving Labosinde Compound.

READ ALSO: JUST IN: Ooni Visits Olubadan-designate Ladoja In Ibadan

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Ladoja becomes Olubadan designate following the passing of the 43rd Olubadan, Oba Owolabi Olakulehin, who joined his ancestors, on Monday, July 7, 2025.

In attendance were the High Chief of Ibadanland; Aare Latoosa, Chief Onikepo Akande and others.

Details later…

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JUST IN: Tinubu Directs INEC Chairman Yakubu To Immediately Proceed On Leave

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President Bola Ahmed Tinubu has reportedly directed the Chairman of the Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu, to proceed on leave ahead of the expiration of his tenure.

Insider sources say the move comes in response to what they described as Mahmood’s “last-minute betrayal” of the All Progressives Congress government that appointed him.

Imo State Governor Hope Uzodimma reportedly met with President Tinubu shortly after the president returned from a 12-day working vacation, alleging that Mahmood’s efforts to register new political parties at the end of his tenure had disrupted Tinubu’s preparations for a second term.

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READ ALSO:BREAKING: EFCC Chairman, Former Rivers Sole administrator Ibas In Aso Rock

The governor also claimed that Mahmood was covertly backing a candidate in the Imo State governorship election.

Following this briefing, Tinubu reportedly requested that Mahmood suspend all official duties and proceed on terminal leave.

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The decision has thrown the commission’s schedule into disarray, leading to the abrupt cancellation of Mahmood’s final quarterly consultative meeting with political parties, as well as a planned session with civil society organisations.

Tinubu is now expected to submit the name of a new INEC Chairman to the National Assembly in the coming days.

Mahmood was appointed to office by then-President Muhammadu Buhari on October 21, 2015, succeeding acting chairperson, Amina Zakari.

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400 Golfers Storm Abuja For Nigeria @ 65 Tourney

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More than 400 golfers are set to compete in the Nigeria @ 65 Independence Golf Tournament at the Tukur Yusuf Buratai International Golf Resort and Country Club, Abuja.

The week-long tournament, organised to mark Nigeria’s 65th independence anniversary, will also honour retired and serving officers of the Nigerian Army.

The Chairman, Local Organising Committee, Dr James Agbonhese, told the News Agency of Nigeria on Thursday that the tournament aims to promote unity, camaraderie and national pride.

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“This is more than a sporting competition. It is a reflection of our national values; unity, perseverance, discipline and excellence,” Agbonhese said.

READ ALSO:Customs Reschedule Superintendent Pre-test After Portal Problems

He said the event would also feature the commissioning of new facilities at the resort, including a midway hut, a modern golf practice range, a back nine starter shed and a golf cart bay.

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Agbonhese commended the Chief of Army Staff, Lt.-Gen. Olufemi Oluyede, Grand Patron of the tournament, for his unwavering support.

The Vice Chairman of TYB Golf Club, Dr Ali Peters, who represented the Club Captain, Maj.-Gen. Samson Jiya, said the event was a symbolic tribute to the military’s role in safeguarding national unity.

As we celebrate, we must reflect on the legacy of our founding fathers and the sacrifices that brought us this far,” Peters said.

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READ ALSO:Naira Appreciates Massively Against US Dollar In The Black Market, Highest In 15 Months

He added that the new facilities would greatly improve the golfing experience for members and visitors.

Jummai Adamu, a member of the LOC, said more than 100 female golfers, including three professionals, would participate in this year’s tournament, reflecting golf’s growing popularity among women in Nigeria.

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Tournament Manager, Mr Shola Adebayo, said the event would feature daily games, networking sessions and cultural showcases.

It’s set to deliver not just top-level golf but an unforgettable experience for everyone involved,” he said.

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The tournament tees off on Sept. 27 and will conclude on Oct. 1 with a ceremonial tee-off.

Expected dignitaries include the DSS Director-General, Mr Oluwatosin Ajayi; Chief of Defence Staff, Gen. Christopher Musa; Chief of Army Staff, Lt.-Gen. Olufemi Oluyede, and Chief of Defence Intelligence, Maj.-Gen. Emmanuel Undiandeye.

Others expected are diplomats, retired senior officers and other distinguished guests.

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An award ceremony will be held later in the day to crown the tournament champion and honour winners across various categories.

NAN

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