Economy
Dangote Sets To Begin Coal Exports, Projects $7m Daily Revenue From Fertilise Sale
Dangote Sets To Begin Coal Exports, Projects $7m Daily Revenue From Fertilise Sale
Dangote sets to begin coal exports, projects $7m daily revenue from fertiliser sale. Abubakar Dantsoho, managing director/CEO of the Nigerian Ports Authority (NPA), (3rd Left); Aliko Dangote, president and GCEO of the Dangote Group, (3rd Right) another stakeholders on May 26, 2025, when the leadership of the Dangote Group visited the NPA headquarters in Marina, Lagos.
Aliko Dangote, president of the Dangote Industries Limited (DIL), says the company will soon start exporting coal out of Nigeria.
Speaking on Monday during a courtesy call to the Nigerian Ports Authority (NPA) headquarters in Lagos, Dangote said DIL is also targeting a $7 million daily revenue from the sale of fertiliser in the next two years.
The billionaire said the company will soon “massively expand” its export operations.
“For some of you who have been to our Cement factory in Itori, we’re already exporting cement out of Nigeria. We have a whole factory of six million tons for cement export,” he said.
“In the next couple of weeks, we will start exporting coal out of Nigeria. Our fertiliser export will be almost like eight cargoes. The refinery operations will not export less than 25 million tons of various products.
“We will also be exporting about 600,000 to 700,000 metric tons of polypropylene. So when you are talking about export, we are going to be very big.”
Dangote said the DIL plans to export about 16,000 tons of fertiliser within the next two years.
“When you talk about 16,000 tons of fertiliser, it’s actually about $6.5 million to $7 million revenue that will be coming into the country on a daily basis,” the philanthropist said.
“With our export programme, our company will be the major supplier of foreign exchange earnings in Nigeria.
“So the operations of Nigerian ports will definitely double in the next one or two years.” Dangote thanked the NPA for “doing a great job” and said the DIL is the authority’s “biggest or largest customer.”
“I think this kind of interaction between us and them is very important for the growth of the industry. So, we discussed quite a lot of issues,” he said.
“We also discussed issues of how to deepen the Marine and Blue Economy of the nation. And we have agreed to actually work together for the benefit of Nigeria.”
Dangote said the size of his group’s operations in Lekki alone will be “almost 240 ships of crude, with each ship carrying one million crude each”, adding that products “will amount to over 600 ships in a year”.
Dangote said DIL’s fertiliser operations will also involve loading nearly eight ships.
“This is an operation that has never, ever been seen in the country. So, it’s a major challenge. But with the leadership of the NPA, we are very comfortable that they will deliver,” he said.
“Our operations will sink if NPA doesn’t give us the services we will be needing.
“So, the NPA will need a lot of support from the federal government because they won’t be able to do these things with their own physical hands. They need equipment. They need more tug boats.”
“We will also be putting in a few words in necessary quarters to make sure that NPA gets all the necessary assistance from the federal government”.
‘DANGOTE VISITED NPA HEADQUARTERS TO LAUD NAIRA-FOR-CRUDE POLICY’
In his remark, Abubakar Dantsoho, NPA’s managing director and chief executive officer (CEO), said Africa’s richest person visited the authority to show appreciation for the dividends of the naira-for-crude policy.
“He’s here to appreciate that the initiative has contributed immensely to achieving a lot of efficiency in the area of the transactions and operations between Nigerian government agencies,” Dantsoho said.
“This is something that started on the 1st of October last year 2024, and so far, we have treated or operated over 57 vessels every month. The projected volume that Dangote was looking at per annum was 600 vessels.
“If you do 56, 57 vessels into 12 months, you will see that we are already doing bigger than what they projected. We will continue to do our best with support from the government.”

Dangote
Dantsoho said if all government agencies work collaboratively and align their efforts, efficiencies will be realised in other sectors of the economy.
“We’re happy that the government has approved the national single window. We’re also happy that as of today, we are 95 percent ready for the Port community system,” he added.
On development of new ports, he said capacity improvement or the expansion port capacity can be done “on a brownfield, which is, you renovate or rehabilitate existing ports; or on a greenfield, which is building new ports”.
Economy
Okpebholo Threatening Me With Violence, I’ll Fight Back Says Obaseki
Okpebholo Threatening Me With Violence, I’ll Fight Back Says Obaseki
Okpebholo threatening me with violence, I’ll fight back says Obaseki. Godwin Obaseki, the immediate past governor of Edo, has accused Monday Okpebholo, his successor, of threatening him with violence. Obaseki spoke during the weekend at an event in London, the United Kingdom.
BACKGROUND
Since assuming office in November 2024, Okpebholo has initiated a series of actions aimed at scrutinising Obaseki’s tenure.
He first constituted a 14-member committee to investigate the assets, liabilities, contracts, and financial decisions made under Obaseki.
Okpebholo then expanded the scrutiny to the state civil service, ordering a probe into all recruitments conducted between May and November 2024, alleging a violation of due process.
Last week, Okpebholo asked the federal government to repatriate Obaseki to answer questions over public funds linked to the controversial Museum of West African Art (MOWAA) project.
‘OKPEBHOLO THREATENING ME’
Obaseki said the governor is threatening him with violence and allegedly sent thugs to attack him in the UK.
“Those who live by the sword will die by the sword,” Obaseki said. “And to tell the governor, Okpebholo, I don’t know him; I have never met him. When you start with violence, you will reap violence.
“For one year since I left office, I didn’t say one word. I decided to respect myself and allow them to try [in governance] as well. Go and find out, you won’t see one thing I said about his government.”
He accused Okpebholo’s government of being behind the attack on diplomats during the exhibition in MOWAA.
“As if that was not enough, the government paid people to come to Manchester to attack me,” he said.
“Who has started this violence? Is it me? Last week, this governor held a disgraceful press conference in which he threatened me not to come to Benin.

Obaseki
“They have been threatening violence. So if I respond, nobody should hold me responsible. “I can’t leave myself empty to be hurt and attacked by deranged people.
“So I am going to fight back. I will fight back. I didn’t start the fight. They are afraid. They know they did not win the election.”
Economy
Jigawa: 9,600 Teachers Register For Special Training
Jigawa: 9,600 Teachers Register For Special Training
Jigawa: 9,600 teachers register for special training. No fewer than 9,600 teachers under the Jigawa State Universal Basic Education Board (SUBEB) registered for a competency test to determine the specific training required to improve their skills and enhance teaching outcomes in the state.
The Executive Chairman of the Board, Professor Haruna Musa, revealed this while briefing journalists on the purpose of the examination, adding that 12,000 teachers were expected to register for the exam.
He explained that the state government, under the leadership of Governor Malam Umar Namadi, was committed to repositioning the state education sector as a key foundation for sustainable development, in line with its “12-Point Agenda.”
Prof. Haruna noted that while the government has been spending significant resources to improve educational infrastructure, meaningful learning improvements cannot be achieved without also enhancing the capabilities of teachers.
“Based on that, the State Executive Council approved for the board to organise a competency test for all teachers. This will enable us to understand the kind of training each teacher requires to improve his or her skills”.
“Out of the 9,600 teachers registered for the exam, over 70% have never attended any capacity-building training since they were employed, including some with over 15 years of service,” the Chairman added.

Teachers Register For Special Training
He stated that after the exam, the teachers will be categorised into three groups: Group A, those with both knowledge and teaching skills; Group B, those with knowledge but lacking teaching skills; and Group C, those lacking both knowledge and teaching skills.
“Each group will be offered specialised training. Those in Group C will undergo intensive training and subsequent examinations for a period to ensure they are equipped with the required knowledge and skills”.
“For those with slower learning uptake, we will attach them to competent teachers within their schools for ongoing guidance and mentorship,” Prof Haruna said.
He further stated that the project is not about retrenchment, but his primary goal is to enhance teachers’ capacity for better learning outcomes within the state’s basic education sector.
Economy
PFA: Leadway Pensure Leverages Innovations For Quality Service Delivery
PFA: Leadway Pensure Leverages Innovations For Quality Service Delivery
PFA: Leadway pensure leverages innovations for quality service delivery. A Pension Fund Administrator (PFA), Leadway Pensure said, it is leveraging innovation to escalate quality
service delivery to its retirement savings account (RSA) holders. This milestone marks 20 years of trust, exceptional service delivery, and value creation as it celebrates its anniversary. It highlights two decades of dedication to protecting the financial wellness of Nigerian workers.
Over the last 20 years, the PFA has served thousands of customers across Nigeria and beyond, standing as a clear testament to its commitment to providing financial stability at various stages of workers’ career journeys.
Speaking on this remarkable achievement, MD/CEO, Leadway Pensure PFA, Olusakin Labeodan, stated that: “As we celebrate 20 years of Leadway Pensure PFA, this milestone is more than a celebration of longevity, it is a tribute to trust, service and innovation.
From the very beginning, our mission has been very clear, to deliver a pension system without barriersOver two decades, we have transformed this vision into reality by simplifying pension access, embracing cutting-edge technology, and ensuring our services are always within reach. With a nationwide presence, a robust mobile platform, and the AI-powered assistant LISA, we have made pension services accessible to eligible Nigerians.
“We have supported countless customers in achieving life goals, from retirement to home ownership, by ensuring access, clarity and care at every step. This is a testament to the strong relationships and legacy we have built with every customer. Trust is at the heart of our service, propelling us to uphold world-class standards and earning us global certifications such as ISO/IEC 27001:2022 for information security, a mark of our unwavering commitment to safeguarding our customers’ funds. ”

Leadway Pensure
Looking ahead, the company said, it is committed to promoting youth-focused financial literacy, growing personal pension plans and strengthening customer engagement across every stage of the pension journey.
“The next years and beyond will be shaped by the same dedication that brought us this far, a future-forward mindset, a culture of excellence, and an unyielding promise to stand by our customers every step of the way,” Olusakin concluded.
As it commemorates 20 years of service, Leadway Pensure reaffirms its commitment to simplifying retirement planning, delivering consistent value, and driving financial inclusion across Nigeria.
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