Economy
Dangote Sets To Become World’s Largest Fertiliser Producer By 2028
Dangote Sets To Become World’s Largest Fertiliser Producer By 2028
Dangote sets to become world’s largest fertiliser producer by 2028. Aliko Dangote, chairman of the Dangote Group, says his company will become the world’s number one fertiliser producer by 2028.
Speaking on Thursday at the Imo economic summit, the billionaire said the group is investing heavily in fertiliser and plans to grow output from 3 million tonnes of urea to 12 million tonnes in the next three years.
“We are investors and I can tell you in the next three years, the programme that we have in the group, we’re investing heavily in fertiliser,” he said.
The group chairman praised recent policy decisions by the federal government, saying the reforms are beginning to show results.
“There are very good policies, bold policies that the government has taken today — the exchange rate, the removal of the fuel subsidy, so many other things that the government has actually put out there,” he said.
“But you know, Nigeria is like a scratch card. You only see the good of it when you scratch the card. So some of us that have already scratched the card, we are seeing the results.”
He commended President Bola Tinubu for what he described as “strong leadership”, saying more reforms are expected in the months ahead.
Dangote also asked Hope Uzodinma, governor of Imo, to identify the most suitable sector for the company to invest in the state.
DANGOTE ASKS AFRICAN INVESTORS TO INVEST AT HOME
Further speaking at the event, Dangote asked Nigerian and African investors to take the lead in driving economic growth, saying foreign investment is encouraged only when domestic players show commitment.
“Our job is to keep investing at home. If we don’t invest at home, there is nobody on earth that will come and invest here,” he said.
“What attracts foreign investors is a domestic investor. And that’s what we are doing.”
Dangote Sets To Become World’s Largest Fertiliser Producer
He referenced a recent interview with the CNN where he was asked why he decided to double the capacity of his refinery.
“They asked me — you have actually been investing, why did you announce to double up your refinery to make it the largest refinery in the world?” he said.
“I said, well, I don’t have anywhere to go and invest but at home. When I say at home, I mean Nigeria and Africa.”
Dangote said Africa holds about 30 percent of global mineral resources, but risks losing opportunities if local investors do not take the lead.
“There are a lot of people that are fighting, trying to get these minerals. If now we don’t really lead the way in putting up this investment, who do we expect to come and invest?” he said.
“We can never ever really convince anybody to come and invest in our continent. We must be the ones that will lead.”
The chairman added that the Dangote Group is committed to taking that leadership role to attract more investments into Africa.
Economy
Nigeria’s Diversity is Our Strengthen, Unity Must Remain Our Greates Asset, Says Minister Mohammed Idris
Nigeria’s Diversity is Our Strengthen, Unity Must Remain Our Greates Asset, Says Minister Mohammed Idris
The Honourable Minister of Information and National Orientation, Mohammed Idris, has described Nigeria’s diversity as a source of strength, urging citizens to promote unity and mutual understanding, noting that what binds Nigerians together is far greater than what divides them.
Eereporter.com
Idris stated this on Friday, August 14, 2026, when he attended the wake-keep of the late Ukandi Placidus Ugar Ogar in Obudu, Cross River State, alongside family members, friends, and dignitaries, including the Deputy Governor of Cross River State, Rt. Hon. Peter Odey; former Governor of Cross River State, Senator Prof. Ben Ayade; Chief of Staff to the Governor of Cross River State, Dr. Emmanuel Ironbar; and the Cross River State Commissioner for Lands, Dr. Erasmus Ekpang.
The late Ukandi Placidus Ugar Ogar, who died at the age of 76, was an elder brother to Senator Ayade and Dr. Frank Ayade.
The Minister said the gathering reflected the richness of Nigeria’s diversity and the ability of citizens from different backgrounds to unite in solidarity.
“What I have seen today is the diversity of Nigeria and how it can be further harnessed to promote unity in this country. Nigerians from all walks of life are Nigerians first. Therefore, we must celebrate them wherever they are,” he said.
While expressing condolences to the bereaved family, Idris noted that the occasion also provided an opportunity to honour a life that fostered unity among people.
“It is a moment of sorrow that he has passed on, but also a moment of gratitude that he lived a worthy life, one that helped bring people together,” the Minister said.
He called on Nigerians to continue to promote unity and shared values, while leveraging the country’s diverse cultures and traditions as assets for national development.
“We must strengthen our unity, uphold our shared values, and also see our diversity as a resource that can contribute meaningfully to the growth of our economy,” he said.
Mohammed Idris
Idris reaffirmed that Nigeria’s strength lies in its people and their collective ability to rise above differences in pursuit of the common good.
Rabiu Ibrahim, mnipr
Special Assistant (Media) to the Honourable Minister of Information and National Orientation
Saturday, August 15, 2026
Eereporter.com
NNPC’s Bebenimibo Receives SPE Nigeria Council Chairman’s Medallion
We congratulate Ebifagha Bebenimibo, Reservoir Engineer, NNPC E&P Limited, on receiving the SPE Nigeria Council Chairman’s Medallion at the Dinner and Awards Night of the Society of Petroleum Engineers’ Nigeria Annual International Conference and Exhibition (NAICE) 2026 in Lagos. Eereporter.com
The Medallion is conferred by the SPE Nigeria Council Chair on selected individuals for their leadership and service to the Council within the board year. Bebenimibo serves as Student Programs Chair, with oversight of more than 14,000 students across 51 tertiary institutions, and led this year’s students’ conference, which secured internship placements for students, ran field trips for over 300 student delegates across three locations, and returned more than 8 million naira to the Society through cost savings.
Bebenimibo
At NNPC Limited, our core values are Integrity, Excellence, and Sustainability. Delivering a national student programme of that scale while handling a full technical role defines Excellence in action. Eereporter.com
NNPC Limited, Nembe E&P Discuss Higher Output from OML 29
NNPC Limited has held talks with Nembe Exploration and Production Company Limited on raising output from the joint venture the two companies run.
Eereporter.com
The Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, received the Group Managing Director of Nembe Exploration and Production Company Limited, Mr. Victor Okoronkwo, at the NNPC Towers, Abuja, recently.
NNPC Limited
Discussions centred on current production on OML 29 and the work required to lift volumes. Nembe E&P is the operator of OML 29, the largest onshore block in Sub-Saharan Africa with an area extent of 990 sq. km.
Eereporter.com
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