Connect with us


BIG STORY

Dangote To Transport Refined Products By Sea — Official

Published

on

Dangote Group has announced plans to transport refined petroleum products by sea.

This information was shared in a statement on Sunday by Fatima Wali-Abdurrahman, Senior Adviser to the Group President on Special Projects and Strategic Relations.

She highlighted the construction of a jetty in the Lekki Free Zone to facilitate bulk cargo handling during the refinery’s development.

“Today, we are exporting our products to many African countries through the seaport. We also plan to ease the pressure on the roads from the refinery by transporting finished petroleum products to other ports along the Nigerian coast by sea, for further distribution to the hinterland,” she said.

The initiative aims to alleviate road network pressure while enabling exports to other African nations.

The statement also mentioned that the Dangote Group, a key sponsor of the trade fair organized by the Abuja Chamber of Commerce and Industry, drew a large crowd interested in learning about its new oil refinery, which has recently begun discharging petroleum products.

Attendees also explored the company’s various business units, including Dangote Fertiliser, Dangote Sugar, NASCON (Dangote Salt), and Dangote Cement.

Wali-Abdurrahman stated that participants were eager to learn about opportunities within the company.

The statement quoted participant Peter Ibrahim as saying, “I am here at the Dangote booth to find out what business and job opportunities are available at the Dangote Refinery. We know the company must have created several opportunities.”

Cement dealer Sale Sagir added, “Let me be honest. I came to this trade fair because of the Dangote Group.

I sell cement, but now I have come to find out what it takes to be a distributor of other products, especially the Dangote Petroleum products.”

Wali-Abdurrahman also mentioned the company’s investment in Compressed Natural Gas, stating, “To reduce our carbon footprint and costs, over the past decade, we have converted about a third of our fleet. This is an ongoing process, till we convert the entire fleet.”

The ACCI President, Chief Emeka Obegolu, commended the Dangote Group for its significant role in Nigeria’s industrialization.

Represented by Vice President Legal, Aisha Abdullahi, he remarked on the company’s “unwavering commitment to Nigeria’s development,” adding that “the taxes paid by the group have contributed significantly to national revenue, funding infrastructure projects and social programs that benefitmillions of Nigerians.”

BIG STORY

BREAKING: Court Orders Remand of Ex-AGF Malami, Son, Wife In Kuje Prison

Published

on

The Federal High Court in Abuja on Tuesday ordered the remand of the Former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), at the Kuje Correctional Centre pending the hearing and determination of their bail application.

The trial judge, Justice Emeka Nwite, also ordered the remand of his co-defendants, his son, Abubakar Malami, and one of his wives, Bashir Asabe.

Justice Nwite made the order after taking arguments from the defence team led by Joseph Daudu (SAN) and the prosecution counsel Ekele Iheneacho (SAN).

Malami and his co-defendants are facing a 16-count money laundering charge preferred against them by the Economic and Financial Crimes Commission.

The EFCC alleges that the defendants conspired at various times to conceal, retain and disguise the proceeds of unlawful activities running into several billions of naira.

According to the charge, the alleged offences span several years and include the use of companies and bank accounts to launder funds, the retention of cash as collateral for loans, and the acquisition of high-value properties in Abuja, Kano and other locations.

The commission further alleges that some of the offences were committed while Malami was serving as Attorney-General of the Federation, in breach of the Money Laundering (Prohibition) Act 2011, as amended, and the Money Laundering (Prevention and Prohibition) Act 2022.

Continue Reading

BIG STORY

JUST IN: Malami, Son, Fourth Wife, Associate Pleads Not Guilty To Money Laundering Charges

Published

on

A former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, on Tuesday pleaded not guilty to a 16-count money laundering charge preferred against him by the Economic and Financial Crimes Commission.

Malami’s co-defendants—his son, Abubakar Abdulaziz Malami, and his fourth wife, Bashir Asabe—also pleaded not guilty to all the counts when the charges were read to them by the court registrar.

The defendants were arraigned before Justice Emeka Nwite of the Federal High Court, Abuja.

In the charge, the EFCC alleged that the defendants conspired at various times to conceal, retain, and disguise proceeds of unlawful activities running into several billions of naira.

According to the commission, the alleged offences span several years and involve the use of companies and bank accounts to launder funds, the retention of cash as collateral for loans, and the acquisition of high-value properties in Abuja, Kano, and other locations.

The EFCC further alleged that some of the offences were committed while Malami was serving as Attorney-General of the Federation, in breach of the Money Laundering (Prohibition) Act 2011 (as amended) and the Money Laundering (Prevention and Prohibition) Act 2022.

 

Continue Reading

BIG STORY

JUST IN: Ex-AGF Abubakar Malami, Son, Employee Appear In Abuja Court Over Alleged N8.7bn Fraud

Published

on

Former Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami (SAN), was on Tuesday morning brought before a Federal High Court in Abuja by officials of the Economic and Financial Crimes Commission (EFCC) ahead of his arraignment on a 16-count money laundering charge.

Malami appeared in court shortly before 9 a.m., accompanied by his two co-defendants: his son, Abubakar Malami, and Bashir Asabe, an employee of Rahamaniyya Properties Limited, a company linked to the former minister.

The EFCC alleges that the trio, among others, laundered approximately N8.7 billion.

Court proceedings are yet to commence.

Details shortly…

Continue Reading


 

 


 

 

 

 

Join Us On Facebook

Most Popular


Warning: Undefined array key "slug" in /home/porsch10/public_html/wp-includes/class-wp-theme-json.php on line 2117

Warning: Undefined array key "slug" in /home/porsch10/public_html/wp-includes/class-wp-theme-json.php on line 2117

Warning: Undefined array key "slug" in /home/porsch10/public_html/wp-includes/class-wp-theme-json.php on line 2117