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Aliko Dangote, President of Dangote Industries Limited, has disclosed that he acquired his first private jet at the age of 22 and a half.
Dangote made this known on Monday, September 14, at the Nigerian Exchange in Lagos during the formal launch of the Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals.
Reflecting on his journey as a businessman, Africa's richest man said he had enjoyed his career but now placed greater emphasis on channeling wealth into productive investments.
“My career as a businessman, I really had a great time. I was telling somebody that right now I don’t mind, I can take commercial, I can take anything. I had my first private jet at 22 and a half years old,” he said.
Dangote urged wealthy Nigerians who own expensive private aircraft to consider investing their resources in productive ventures that could contribute to economic development.
He said Nigeria could not attain its full potential without greater investment in production and other productive activities.
“I try as much as I can to encourage people who are riding $900 million aircraft to please go and put that into production. We are not going to be a great nation without doing something productive,” Dangote said.
Credit: arisenews
The President left Nigeria on August 30 for his three weeks holiday. His first stop was in London where he spent the first leg of his holiday and has now moved to Paris.
The National Drug Law Enforcement Agency (NDLEA) has warned Nigerians against accepting consignments from relatives and friends abroad without knowing the full contents.
The spokesperson of the anti-drug agency, Femi Babafemi, gave the warning following an emerging trend of illicit drugs being concealed in consolidated cargoes.
In a post shared on X on Sunday, September 13, Babafemi said some Nigerians living abroad were allegedly sending consolidated cargoes containing illicit drugs, particularly strains of cannabis known as Colorado and Loud, to family members and friends in Nigeria.
According to him, unsuspecting recipients are being listed as consignees or recipients of the consignments, potentially exposing them to arrest and prosecution.
He urged Nigerians who are not involved in drug trafficking syndicates to avoid accepting consignments on behalf of people abroad, particularly where they are uncertain about the contents.
Well, the end of this video shaa is very hilarious.๐
Nollywood actor, Desmond Elliot, has apologised to his political mentor and the Chief of Staff to the President, Femi Gbajabiamila, over actions that might have strained their relationship during recent political developments in the state.
In a video shared online this weekend, Desmond went on his knees to apologise to Gbajabiamila who, few months ago, he went againt his directive to run for the fourths time as the lawmaker represe Surulere 1 in the Lagos state House of asssenbly. Reports had it that Gbajabiamila had thrown his weight behind a female candidate, a decision Desmond openly kicked against, insisting he must be allowed to run for a fourth term.
A drama unfolded this morning in Rumuigbo, Port Harcourt, after a woman reportedly insisted that her relationship with her boyfriend must continue despite his decision to end it.
According to reports, the woman was seen following the man around as he attempted to leave the scene, apparently trying to persuade him to reconsider the breakup.
The incident has sparked reactions online, with people debating whether love can be too difficult to let go of, or whether a breakup should simply be respected.
A TikTok user has shared her experience after paying โฆ9.1 million in rent for an apartment in Lagos, only to allegedly spend another โฆ3.5 million fixing issues with the property.
Zaynab Yusuph said the problems began after she completed the interior and furnishing of the apartment, with the roof reportedly leaking and causing her to live with mould for more than a month.
She said she eventually spent over โฆ3.5 million on repairs and construction work, including the roof, POP and other structural issues, which she believed should have been handled by the landlord.
According to Zaynab, she repeatedly reported the problems to the caretaker and landlord through calls, text messages and reminders, but claimed nothing was done.
She said she was eventually forced to pay for the repairs herself because she could not continue living in what she described as a deteriorating environment.
“What makes it worse is the nonchalant attitude of both the landlord and the caretaker. Whenever I report an issue, they tend not to respond until things deteriorate even further,” she wrote.
Zaynab also claimed that the landlord and caretaker often shifted responsibility to the developer and asked her to wait for the issues to be resolved.
“So basically, I paid the rent, I paid to maintain the property, and now I am expected to just absorb over โฆ3.5m in expenses as if it’s nothing?” she asked.
She shared the experience to warn prospective tenants about allegedly poorly constructed properties and urged people to thoroughly inspect apartments before paying millions of naira in rent.
Zaynab said she has receipts, videos, messages and repair records documenting the issues.
Credit: @o_rija
A heartbreaking video of a businessman weeping after his shop was burgled in Ijesha, Osun state, has made the rounds on social media.
‘’I am finished. This is all I have. Please come to my aid. I don’t know what to do’’ he said as he wailed
He mentioned that the thieves stole phones, laptops, and other computer accessories from his shop.
He said the thieves also destroyed the safe he had in his shop and carted away all the money he had in it.
He called on Nigerians to help him track the thieves.