Headlines
Raids on Dangote group inimical to growth of economy – ACF
Nasiru Yusuf Ibrahim
The Arewa Consultative Forum, Kano State chapter, has described the raid of the premises Dangote headquarters and those of other 51 big business establishments by the Economic and Financial Crimes Commission EFCC as capable of discouraging foreign investors who are already showing signs of reluctance to bring in their money into the country.
KANO FOCUS reports that the ACF calls on the Federal Government to devise amicable ways of making our top business establishments to make greater contributions to our economic growth; and halt the raids, as the nation struggles hard to attract foreign investment and other key ingredients to redeem the economy.
The call was contained in a statement issued by the publicity secretary of the ACF Alhaji Bello Sani Galadanchi on Tuesday.
The statement recalled that “On 1st January 2024, operatives of the EFCC stormed the Head Office of the Dangote Group at Ikoyi, Lagos. The search was linked with the probe of 52 companies by the anti- graft agency over forex transaction in the last 10 years. Prior to the visit/ raid, Dangote Group had sought clarification on why certain documents were demanded, but this proved abortive. They also requested additional time to “compile and properly present the required extensive documentation”. Neither the clarification, nor the extension were granted.
“On January 4 EFCC personnel descended on Dangote Head Office demanding same documents the company’s officials had already brought to the premises of the anti- graft police.
“The raid of the premises Dangote Headquarters and those of other 51 big business establishments by the EFCC is capable of discouraging foreign investors who are already showing signs of reluctance to bring in their money into the country.”
The statement noted that ” the Arewa Consultative Forum, Kano State chapter, and the good people of Kano are apprehensive about the raid on Dangote because we see it as an unhealthy development that could further worsen our economic situation, scare investors, and hinder Nigeria’s growth prospects.
“The move would further exacerbate our current difficult situation and deter potential investment. We can not but agree with the position advanced by no less one of the most respected members of the National Assembly who reacted thus: ”
It added that “Given our current fragile economic situation, this move by the EFCC will worsen things. Now is not the time for this; it is the time for the nation to focus on the integration of African economies and the expansion of trade and investments across the continent to stimulate growth and create employment opportunities, not conducting raid on its largest conglomerate.
“Dangote’s impact for decades has been felt through various facets of our economy. The company played a crucial role in transforming our economy from heavy import dependence to a net exporter in critical industries.
“ACF reaffirms that no one individual, group or institutions are above the laws of the Land. Our position is that if any of the companies under the Dangote seal, or among the remaining 51 affected companies under probe, violated any of our laws, appropriate sanctions should be applied. In the more advanced economies, that is what obtains. For instance, at various times Microsoft, Beta, BP and several business concerns had been fined by the US government for infractions committed.”
The ACF recalled that “Recently, P&G and few other conglomerates left Nigeria. Aliko Dangote is one of the most patriotic businessmen who had chosen to invest in Nigeria. There are several equally very rich people who kept their resources in portfolio investments, real estate and other endeavours in foreign lands at the expense of Nigeria.
“We should celebrate Dangote and all our local big companies for their doggedness, persistence and unwavering commitment to bolster the Nigerian economy.
To this end, the ACF calls on the Federal Government to devise amicable ways of making top business establishments to make greater contributions to economic growth; and halt the raids, as the nation struggles hard to attract foreign investment and other key ingredients to redeem the economy.
Nasiru Yusuf Ibrahim
The management of Bayero University, Kano (BUK) has commenced a preliminary investigation into allegations linking a person reportedly identified as one of its students to acts of online impersonation and financial misconduct circulating on social media.
In a statement issued by the Director of Public Affairs, Lamara Garba, on behalf of the Registrar, the university said it had taken note of the claims being discussed in public commentary and across various online platforms.
The statement noted that BUK maintains strict standards of conduct, discipline, and character for all students throughout the duration of their studies, adding that any behaviour capable of bringing the name and reputation of the institution into disrepute is treated with the utmost seriousness.
According to the university, the alleged actions of an individual student should not be seen as a reflection of the values or character of Bayero University Kano as an institution.
“In view of the allegations, the University has commenced a preliminary inquiry to ascertain the facts surrounding the matter. The appropriate University authorities are reviewing the issue in line with the institution’s established rules and disciplinary procedures governing students’ conduct,” the statement said.
The management also commended the public-spirited efforts of Professor Farooq Kperogi and other individuals who provide financial assistance to students in need, particularly by supporting registration fees and other educational expenses.
The university noted that such acts of generosity continue to play an important role in expanding access to education and supporting deserving students.
BUK assured members of the public that if the allegations are substantiated, appropriate disciplinary measures will be taken in accordance with the university’s regulations and relevant laws.
The institution also urged the public to allow the investigative process to run its course and to refrain from speculation or the spread of unverified information.
Ibrahim Khalil
The Governor of Kano State, Abba Kabir Yusuf, has relieved the State Head of Service, Alhaji Abdullahi Musa, of his appointment with immediate effect.
KANO FOCUS reports that the development was disclosed in a statement issued on Tuesday evening by the Director-General, Media and Publicity, Government House Kano, Sunusi Bature Dawakin Tofa.
According to the statement, the decision forms part of the ongoing efforts of the current administration to reposition the state civil service for greater efficiency, discipline, and improved service delivery across government institutions.
Governor Yusuf expressed appreciation to the outgoing Head of Service for his contributions and dedication to the service of Kano State during his tenure.
“We wish him the best in his future endeavours and pray for his continued success in all aspects of life,” the governor said.
The governor also directed that Hajiya Bilkisu Shehu Maimota, Permanent Secretary, Administration and General Services at the Cabinet Office, should serve as Acting Head of Service pending the appointment of a substantive replacement.
The statement further directed the outgoing Head of Service to hand over the affairs of the office to the acting Head of Service no later than Wednesday, March 11, 2026.
Nasiru Yusuf Ibrahim
The Board Chairman of Belraados Limited and Kano State Chairman of the Arewa Consultative Forum (ACF), Dr. Goni Faruk Umar, on Saturday met with the former President of Brazil, Mr. Michel Temer, during the opening dinner of the 26th Expodireto Cotrijal in Brazil.
KANO FOCUS reports that Dr. Umar was seen exchanging a handshake with the former Brazilian leader at the event held in Não-Me-Toque, a city in the southern part of Brazil hosting the annual international agribusiness exhibition.
The Expodireto Cotrijal is one of the largest agricultural trade fairs in Latin America, attracting policymakers, agribusiness investors, researchers and stakeholders from across the globe to discuss innovations and opportunities in the agricultural sector.
Participants at the event are expected to explore partnerships and share ideas aimed at boosting agricultural productivity and strengthening international cooperation in agribusiness.
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