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Forbes: Aliko Dangote’s wealth surges by almost 100% to $23.9bn, now 86th richest in the world

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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.”

 

 

 

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Kano Police Arrest Eight in Drug, Thuggery Raids

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Ibrahim Khalil

 

The Kano State Police Command has arrested eight suspects in separate operations targeting drug peddling and thuggery in Panshekara and Kunchi/Ghari Local Government Area.

 

KANO FOCUS reports that the command disclosed this in a statement issued on Thursday by its spokesperson, CSP Abdullahi Haruna Kiyawa, on behalf of the Commissioner of Police, Ibrahim Adamu Bakori.

 

According to the statement, the operations, conducted on September 9, 2026, were part of the command’s intelligence-driven efforts to tackle drug abuse, thuggery and violent crimes across the state.

 

It said operatives of the Surveillance Team attached to Panshekara Police Division, acting on credible intelligence at about 2:30 p.m., intercepted eight suspects, including a 21-year-old man identified as Samson Yakubu of Samegu Quarters, at a suspected criminal hotspot.

 

A search of the suspects reportedly led to the recovery of 15 Pregabalin capsules, five Diazepam tablets, 10 Exol tablets and some quantity of dried leaves suspected to be Indian hemp.

 

The police said the suspects were in custody and undergoing interrogation, while investigations were ongoing to establish the source of the suspected illicit drugs and identify other members of the alleged syndicate.

 

In a related operation conducted between 1 p.m. and 9 p.m. the same day, operatives of the Kunchi/Ghari Division carried out a coordinated market patrol and raid at Matanfada Market.

 

The command said the area had been identified as a place where youths allegedly intimidate traders and residents during market sessions.

 

Five suspects were arrested during the operation. They were identified as Abdullahi Isah of Dustin; Haruna Isah of Daqarawa Village; Habu Badamasi of Dan Taimu Village; Gambo Ya’u of Kura Village; and Abubakar Dahiru of Farau Village.

 

The police said investigation was ongoing to identify and arrest other suspected accomplices, while exhibits recovered during the operation had been taken into custody as evidence.

 

CP Bakori commended the operatives for what he described as their professionalism and swift response, assuring residents that the command would sustain its operations against drug abuse, thuggery and other violent crimes.

 

“In line with the IGP’s policing vision and our mandate to ensure a safe and secure Kano, we will continue to be proactive,” the commissioner said.

 

“We are sending a clear message to criminal elements that Kano State will not be a breeding ground for their activities.”

 

The command also appreciated members of the public, community leaders and vigilante groups for providing information that aided the operations.

 

It urged residents to remain vigilant and report suspicious movements or activities to the nearest police station.

 

The command said all suspects would be charged to court after the conclusion of investigations.

 

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Funeral Prayer Held for Late Shehu Kabir Bayero

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Nasiru Yusuf Ibrahim

 

The funeral prayer for the late Shehu Kabir Bayero, Barde Kerarriya of Kano and District Head of Dorayi, was held on Thursday evening at Kofar Kudu, Kano Emir’s Palace.

 

KANO FOCUS reports that the prayer was led by the Chief Imam of Khamsus Salawati Mosque, Kofar Kudu, Malam Bello, and attended by hundreds of people from different parts of Kano State.

 

Among those who attended were the Secretary to the Kano State Government, Alhaji Umar Faruk; representative of the Emir of Kano, Matawallen Kano, Alhaji Aliyu Ibrahim Matawalle; Chief of Staff to the Kano State Government House, Dr Sani Wali; as well as district heads and members of the Muslim community.

 

Shehu Kabir Bayero died in a hospital in Egypt following a period of illness. He is survived by his wives, children and other relatives.

 

Until his death, the late Bayero served as Commissioner of Police in Gombe and Osun states before retiring from the Nigeria Police Force.

 

Following his retirement, the late Emir of Kano, Alhaji Ado Bayero, appointed him as the Barde Kerarriya of Kano and District Head of Takai Local Government Area after the death of his father, the late Kabir Bayero, an elder brother of the former emir.

 

He later served as District Head of Gwarzo.

 

Due to his wealth of experience in security matters, the current Emir of Kano, Khalifa Muhammadu Sanusi II, subsequently reassigned him as District Head of Dorayi, where he was expected to contribute to the sustenance of peace and security in the area.

 

The late district head was remembered for his service to the state and his experience in security and traditional administration.

 

May Allah forgive his shortcomings, have mercy on his soul and grant him Jannatul Firdaus. Ameen.

 

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Kano holds planning meeting on implementation of Nigeria learning passport

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Nasiru Yusuf Ibrahim

The Kano State Ministry of Education, with support from the United Nations Children’s Fund (UNICEF), has held a planning meeting on the implementation and effective utilisation of the Nigeria Learning Passport (NLP) in the state.

 

KANO FOCUS reports that the meeting brought together relevant stakeholders from various ministries, agencies and development partners working in the education sector.

 

According to Malam Naziru Sirajo, deputy director EMIS and statistics in the Ministry of Education, the meeting was aimed at reviewing the current status of the Nigeria Learning Passport in Kano and developing a coordinated plan to strengthen its implementation, content utilisation, course completion, monitoring of learners’ progress and certification.

 

The Nigeria Learning Passport is a digital learning platform designed to provide Nigerian children and young people with access to curriculum-aligned educational content, including lessons, learning materials and assessments.

 

The platform is also designed to support learning continuity, including for learners facing limited or intermittent internet connectivity, while providing teachers and education stakeholders with digital resources to complement classroom instruction.

 

In Kano, the initiative is expected to strengthen awareness and utilisation of digital learning, while building the capacity of master trainers and technical teams to support schools, teachers and learners in using the platform effectively.

 

The effective utilisation of the Nigeria Learning Passport is expected to expand access to quality digital learning resources, promote independent learning, strengthen digital literacy and support improved learning outcomes and greater equity in access to educational opportunities.

 

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