Dangote: We Are Saving Nigeria $1bn Annual Demurrage, Ending 50 Years of Fuel Crisis Says country to earn $500m from cement export from next year Insists industrialisation, not importation will grow Africa’s economy
Peter Uzoho
President/Chief Executive,
Dangote Petroleum Refinery, producing petrol a year ago, finally come to an end. for rescuing the country from the the establishment of his 650,000 Aliko Dangote, has declared Nigeria’s five-decade-long Dangote added that the economic burden of paying $1 Continued on page 10 that since the refinery began struggle with fuel queues has company deserves celebration 1billion in demurrage through
CVR: 4.5m Nigerians Registered in Four Weeks, Says INEC... Page 19 Tuesday 16 September, 2025 Vol 30. No 11118. Price: N400
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Inflation Drops to 20.12% Amid Moderation in Energy, Food Prices
Severe in Ekiti, Kano, Oyo, others FG orders customs to suspend 4% FOB on imported goods Declares levy imposes increased financial burden, hampers trade facilitation, economic stability
James Emejo in Abuja
The Consumer Price Index
(CPI), which measures the rate cent in August, compared to Statistics (NBS) said yesterday. nating Minister of the Economy, collection of four per cent Free of change in prices of goods and 21.88 per cent in the preceding The fall came on the day Mr. Wale Edun, ordered the on Board (FOB) charge recently services, dropped to 20.12 per month, National Bureau of Minister of Finance and Coordi- immediate suspension of the Continued on page 10
Atiku: FG’s Planned Divestment of Equity in Oil Sector JVs Disturbing
Says pervasive hunger, poverty in Nigeria unacceptable Presidency to ex-VP: You are out of touch with Nigeria’s progress Onanuga: Atiku among those who mismanaged our economy You’re practicing voodoo economy, PDP tells APC Story on page 10
UNVEILING OF TRUCKS FOR FREE LOGISTICS DISTRIBUTION SCHEME...
L-R: Chairman, MRS Oil Nigeria Plc, Sayyu Dantata; President/CEO, Dangote Industries Ltd, Aliko Dangote; Group Executive Director, Commercial Operations, Dangote Industries Limited, Fatima Aliko; and Vice President, Oil and Gas, Dangote Industries Limited, Devakumar Edwin, at the unveiling of the trucks for free logistics distribution scheme and one year of fuel roll out at the Dangote Petroleum Refinery, Lekki, Lagos, yesterday