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Showing posts with the label Africa

Africa's Richest Man; Dangote drives himself and Doesn't Own a House

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Aliko Dangote, Nigerian businessman and richest man in Africa, says his refinery which is under construction will be completed in the last quarter of 2017. In a recent interview with Bloomberg, the chief executive officer of Dangote Group shared his business ideals and the next step for his business empire. Here are 10 key topics he touched on. REFINERY IN 2017 Dangote says his refinery, which would refine 650,000 barrels a day, would be among the largest in the world. “We didn’t really realize that we were going to need almost 70 million cubic meters of sand. But we are catching up, and I’m sure we’ll be able to deliver it by the last quarter of 2017. “We have actually never failed in delivering any project. We always deliver our projects on time and at cost. If we hadn’t delivered our projects on time, that would be something. We will definitely deliver, by the grace of God.” LIFETIME PROJECT To Dangote, the refinery is his lifetime project and he is backing it up with h

Yahaya Bello's Election Upheld by Supreme Court

Kogi State Governor, Yahaya Bello, had his election upheld moments ago by the Supreme Court of Nigeria. This news follows a protracted political and legal battle for the governorship in Kogi State following the death of gubernatorial candidate Abubakar Audu moments before his confirmation by the Independent National Election Commission (INEC). Our correspondent at the Supreme Court learned that the seven-man panel, lead by Justice Sylvester Nguta, dismissed the appeals filed by the former running mate of Mr. Audu, James Faleke and others. The justices stated that justification for their decision would be provided on September 30th. The court’s decision, which was unanimous, made judicial history because the situation had never been accounted for in existing constitutional laws.

Gabon Parliament Set Ablaze

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In the aftermath of Gabonese President Ali Bongo’s election, aggrieved protesters reportedly set fire to the parliament on Wednesday. Citizen reports on social media and images began emerging online showing the country's parliament engulfed in flames a little more than an hour ago. The fire has since been confirmed by international news agencies with correspondents in Gabon. Akwasi Sarpong, a reporter for BBC Africa, reported that the Gabonese military in the capital city has "withdrawn from the precincts of Gabon's parliament which was set ablaze by protesters." Protests erupted after Mr. Bongo was declared the winner over his chief rival, Jean Ping.  According to the official results released on Wednesday, the incumbent won 49.8 percent of the vote to Mr. Ping’s 48.23. Mr. Ping had declared himself the winner of the election on Sunday and has continued to insist that the election has been rigged.