Dangote to Build 18m MTA Cement Plant in Itori, Largest Seaport at Olokola in Ogun State
Says Abiodun’s vision, policies brought him back to the state Alleges his factory was pulled down twice by Amosun’s govt You can’t bully, blackmail or compromise me, Amosun tells Dangote James Sowole in Abeokuta and Peter Uzoho in Lagos President of Dangote Group, Alhaji
Aliko Dangote, said by the time he was done with his cement plants across Ogun State, the total capacity would be 18 million metric tons per
annum, making the state the highest cement-producing state or region in Africa. Dangote, who said the vision and
policies of Governor Dapo Abiodun brought him back to the state, also said he would work with the state government to return to Olokola,
with plans to construct the largest port in the country. Dangote spoke during a courtesy visit to the governor at his office in
Abeokuta. He said Ogun was one of the most Continued on page 9
Tuesday 18 March, 2025 Vol 30. No 10936. Price: N400
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Nigeria’s Economy Has Turned the Corner, VP Says at Iftar with Tinubu, House Leadership... Page 5
Inflation Declines to 23.18% Amid Lower Food, Energy Prices Highest in Edo, Enugu, Sokoto, others
James Emejo in Abuja
The Consumer Price Index (CPI), which measures the rate of change in the prices of goods and services, further declined to 23.18 per cent in February, compared to 24.48 per
cent in the preceding month, the National Bureau of Statistics (NBS) said yesterday. Year-on-year, the headline inflation was 8.52 per cent lower than 31.70 per cent recorded in February 2024. According to the CPI report for
the review period, month-on-month, inflation stood at 2.04 per cent in February. Year-on-year, food inflation dropped by 14.41 per cent to 23.51 per cent in February, compared to 37.92 per cent in the corresponding
year. NBS, however, pointed out that the significant decline in food inflation was technically due to the change in the base year, following the recent rebasing of CPI from 2009 to 2024.
Nonetheless, the food index month-on-month, stood at 1.67 per cent, with the average annual rate for the 12 months ending February 2025 over the previous 12-month average at 34.74 per cent, compared to 30.07 per cent in February last year.
NBS stated, “Compared to the month of January 2025, there was an observed decline in the average prices of food items like yam tuber, potatoes, soya beans, flour of maize/ Continued on page 9
Finally, Rivers State Assembly Begins Impeachment Process against Fubara, Ordu Accuses him of abuses, deputy of misconduct Gov denies frustrating Supreme Court verdict
Blessing Ibunge in Port Harcourt
As long predicted, the political crisis in Rivers State is beginning to reach its culmination, as the House of Assembly, yesterday, issued notices of impeachment against Governor Siminalayi Fubara and his deputy, Ngozi Ordu. In separate letters, the Assembly, in the notices of impeachment, accused Fubara of abuses and Ordu of misbehaviour. But Fubara denied the allegations by the Amaewhule-led Assembly that he was frustrating a re-presentation of the 2025 appropriation bill as ordered by the Supreme Court in its recent judgement. The impeachment letter by the Assembly, dated March 14, 2025, was released yesterday, March 17,
morning. Addressed to the speaker, Martin Amaewhule, and titled, “Notice of Allegations of Gross Misconduct Brought Pursuant to Section 188 of the Constitution of the Federal Republic of Nigeria (as amended) 1999,” the letter was signed by 26 members of the house. The letter accused the governor of gross misconduct in the performance of the functions of the office of the governor, including spending public funds contrary to sections 120, 121 and 122 of the constitution. It read, “Mr Speaker, we conclude by stating that the governor has shown that he is not prepared to govern Rivers State in line with the Constitution of the Federal Republic Continued on page 9
DANGOTE’S SECOND COMING TO OGUN: FORGING AN ENDURING PARTNERSHIP...
L-R: President of Dangote Group, Alhaji Aliko Dangote, and Ogun State Governor, Prince Dapo Abiodun, during the visit of Dangote Group to the Governor’s Office, Oke-Mosan, Abeokuta, Ogun State, yesterday