Headlines
Forbes: Aliko Dangote’s wealth surges by almost 100% to $23.9bn, now 86th richest in the world
Nasiru Yusuf Ibrahim
Billionaire Aliko Dangote has seen his wealth nearly double to $23.9 billion, according to Forbes, which ranks the Nigerian entrepreneur as the wealthiest person in Africa and 86th in the world. It would be recalled that Forbes ranked Aliko Dangote as the 144th richest person in the world in 2024 with $13.4 billion.
KANO FOCUS reports that Forbes estimates Dangote’s net worth at $23.9 billion, primarily due to his 92.3 percent stake in Dangote Petroleum Refinery & Petrochemicals. At 67 years old, Dangote is once again one of the top 100 richest individuals worldwide, a position he has not held since 2018, according to the Forbes Real-Time Billionaires List.
This places him significantly ahead of South African Johann Rupert, who is ranked 161st in the world with an estimated wealth of $14.4 billion and very far above Mike Adenuga, who is the second richest in Nigeria and 481, in the world, with a net worth of $6.8 billion.
Dangote disrupted the government’s oil monopoly by constructing the largest petroleum refinery in Africa. After 11 years, a $23 billion investment, and numerous challenges, the Dangote Refinery began operations last year. Located on a vast 6,200-acre site in the Lekki Free Zone, the refinery, at full capacity, will process a remarkable 650,000 barrels per day (b/d), making it the seventh-largest refinery in the world and the largest in Africa. Additionally, the refinery’s adjacent petrochemical complex has an annual production capacity of 3 million metric tons of urea, making it Africa’s largest fertiliser producer.
The Dangote Refinery is already having a significant impact on global energy markets. Imports of petroleum into Nigeria are on track to reach an eight-year low, affecting European refiners that have traditionally sold to Nigeria, according to energy intelligence firm Vortexa. Furthermore, Nigeria has become a net exporter of jet fuel, naphtha (a solvent used in varnishes, laundry soaps, and cleaning fluids), and fuel oil, according to S&P Global.
Dangote sees the refinery as part of a larger vision to transform Nigeria, one of the world’s largest crude oil producers, into a major producer of refined petroleum products. This would enable Nigeria to compete with European refineries and supply gasoline to Nigerian consumers.
“I want to provide a blueprint for industrialisation across Africa,” Dangote says in an interview with Forbes. “We have to build our nation by ourselves. We have to build our continent by ourselves, not [rely on] foreign investment.” He believes Africa has long been “a mere dumping ground for finished products,” and his refinery represents “a pivotal step in ensuring that Africa can refine its own crude oil, thereby creating wealth and prosperity for its vast population.”
Dangote said the refinery is the biggest risk of his life and without success, it would have affected him greatly.
“It was the biggest risk of my life,” says Dangote about his decision to embark on the project. “If this didn’t work, I was dead.”
Zainab Usman, director of the Africa Programme at the Carnegie Endowment for International Peace, according to Forbes, said Nigerians see Dangote as a hero and a real industrialist transforming the country.
“He is seen in most parts of Nigeria as a hero. He is seen as a real industrialist who builds things,” she said.
A professor of African studies at the Soka University of America, Chika Ezeanya, also corroborated this view, noting that Dangote is meeting the needs of consumers on the continent.
“I think he’s believed staunchly in the fact that Nigerians need products that he has to offer,” he said while adding, “Governments can come and go, policies can be changed, but the needs of the Nigerian consumer will only grow and expand.”
Headlines
NAHCON Secures ₦19 Billion Cost Reduction for 2026 Hajj, Pilgrims to Save Over ₦200,000 Each
Mukhtar Yahya Usman
The National Hajj Commission of Nigeria (NAHCON) has announced a ₦19 billion cost reduction for the 2026 Hajj, following a successful negotiation with Saudi service providers and Nigeria’s State Pilgrims’ Welfare Boards.
Chairman of the Commission, Professor Abdullahi Sale Usman, disclosed this while briefing journalists in Kano on the outcome of his recent official visit to Saudi Arabia. He explained that the deal translates to a direct saving of more than ₦200,000 per pilgrim. Nigeria has been allocated 66,910 Hajj slots for the 2026 pilgrimage.
During the visit, NAHCON signed key service contracts with Mashariq Dhahabiyya for Masha’ir operations and Daleel Al-Ma’aleem for transportation. It also secured better accommodation and feeding arrangements in the Markaziyya area of Madinah at competitive rates.
Professor Sale further announced the official fares for the 2026 Hajj as follows:
Maiduguri/Yola: ₦8.12 million
Other northern states: ₦8.24 million
Southern states: ₦8.56 million
He stressed that State Pilgrims’ Welfare Boards must remit 50 percent of the fares by October 8, 2025, while full payments from intending pilgrims are due by December 31, 2025.
“The deadlines are critical to enable early bookings and smooth operations,” he said, reaffirming NAHCON’s commitment to delivering a hitch-free Hajj exercise in 2026.
The NAHCON boss also appealed to the media for sustained support in sensitizing the public, noting that effective collaboration will ensure that the commission achieves its goals for Nigerians
… As Gov. Yusuf Condemns CP Bakori’s Partisan Conduct
… Demands His Immediate Removal for Sabotage, Unethical Behaviour
Kano State Governor, Alhaji Abba Kabir Yusuf, has condemned in the strongest terms the unprofessional and partisan conduct of the Kano State Commissioner of Police, Ibrahim Adamu Bakori, describing his actions as deliberate sabotage against the people of Kano and the Nigerian state.
In a statement issued by his spokesperson, Sunusi Bature Dawakin Tofa, the governor expressed outrage over the sudden withdrawal of police participation from the 2025 Independence Day celebration in Kano — an order CP Bakori issued just hours before the commencement of the event.
Governor Yusuf said the action was a clear demonstration of bias, insubordination, and betrayal of the Nigeria Police Force’s constitutional duty.
“As the Chief Security Officer of Kano State, we cannot tolerate sabotage to the peace, security, and wellbeing of our citizens. It is disgraceful that a Commissioner of Police would descend so low into partisan politics by boycotting a national event that symbolizes unity, patriotism, and democracy,” Governor Yusuf stated.
The governor accused CP Bakori of consistently aligning with political interests opposed to the will of the people of Kano, thereby eroding public trust in the police command. He described the CP as a “political police officer” who has abandoned professionalism and is actively undermining democracy.
“The police must never be seen as tools of politicians. They are expected to protect all Nigerians, regardless of political leanings. Unfortunately, CP Bakori has turned himself into a willing instrument of division and insecurity in Kano State,” the statement added.
Governor Yusuf therefore led the voices of Kano stakeholders who were present at the 2025 Independence Day Celebration at Sani Abacha Stadium, Kofar Mata, in calling on President Bola Ahmed Tinubu to direct the Inspector General of Police to immediately remove CP Bakori from office and replace him with a competent and non-partisan officer who will restore confidence, fairness, and neutrality in policing Kano State.
The stakeholders who joined their voices with that of the Governor included traditional and religious leaders, NNPP members of the state and national assemblies, the business community, youth groups, and labour organizations.
The governor reaffirmed his administration’s commitment to protecting the lives and properties of the people, stressing that no act of sabotage from compromised security officials will succeed in destabilizing Kano under his watch.
He also commended the efforts of other security agencies in the state — with the exception of the police.
Governor Yusuf appreciated the leadership of the state commands of the Nigeria Customs Service, Nigeria Immigration Service, Nigeria Correctional Service, Federal Fire Service, and the State Directorate of Security Services, all of whom participated in the 2025 Independence Parade.
Aminu Abdullahi Ibrahim
Dr. Musa Mohammed Bello, State Focal Person for the African Health Budget Network (AHBN), announced significant progress in a Gavi-funded immunization project implemented in collaboration with the African Field Epidemiology Network (AFENET) across Sokoto, Kano, Bauchi, and Borno states since September 2023.
KANO FOCUS reports that the project has recorded notable reductions in the number of zero-dose children those who have not received any vaccines particularly in Kano, where 15 local governments were identified as high-burden areas.
During a recent review meeting focusing on Kano State, stakeholders assessed successes and challenges related to immunization budget allocation, vaccine supply chain disruptions, cold chain management, and access to immunization services by parents and caregivers.
Dr. Bello commended the Kano State government for consistently allocating above 15% of the budget to health surpassing the Abuja Declaration recommendation but pointed out issues with approval and release of funds that hinder smooth project implementation.
He also stressed the need for Kano State to reduce its heavy reliance on donor funding from partners such as WHO, UNICEF, and the Bill & Melinda Gates Foundation by strengthening local counterpart contributions. Isyaku Lawan Dawakin from Kano State Bureau of Statistics emphasized the value of peer learning activities to close knowledge gaps and boost vaccine outreach.
Dr. Bello further highlighted the strengthening of advocacy and government relationships through the 2023-2024 Accountability Scorecard initiative, which has enabled better communication and cooperation with key government committees on health and appropriation. Evidence-based advocacy built on decentralized immunization monitoring assessments by AFENET has helped identify specific challenges at the local government and health facility levels, informing targeted interventions.
He presented recent data from September 2025 showing high reporting rates from primary health care facilities on routine immunization services via SMS across the targeted local governments, reflecting increased monitoring and responsiveness. The project has fostered deeper understanding of the budgetary process among civil society and health stakeholders, contributing to increased awareness and coordinated action to address zero-dose children.
Crucially, Dr. Bello revealed that Kano State has seen a tremendous decrease in zero-dose children—from over 539,000 in 2020 to around 120,000 by December 2024—attributed to collaborative government and partner efforts.
This achievement underscores the positive impact of strengthened immunization systems, accountability frameworks, and partner coordination in improving child health outcomes across the region.
”This initiative forms part of a broader push to improve immunization coverage and accountability in West Africa, aiming to ensure that no child is left unvaccinated and vulnerable to preventable diseases,” he said.
Isyaku Lawan Dawakin Tofa from Kano State Bureau of Statistics emphasized the value of peer learning activities to close knowledge gaps and boost vaccine outreach.
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