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Host communities commend Dangote Refinery’s initiatives
Impressed with the provision of communal infrastructures for their communities by Dangote Oil Refining Company (DORC) as part of its Corporate Social Responsibility service, traditional rulers and community leaders from host communities in Ibeju-Lekki Free Trade Zone area of Lagos have expressed appreciation at the timely intervention of the Company to their needs.
The monarchs numbering 14 at a stakeholder parley in Lagos with the management of DORC commended Dangote Industries Limited, the parent company for partnering them on various Corporate Social Responsibility (CSR) initiatives targeted toward the development of Lekki Free Trade Zone communities.
The Community leaders said that Dangote Industries had so far demonstrated its resolve to address the concerns of the people by complementing efforts of the state government to develop the host communities in the Lekki Free Trade Zone, where the Dangote Refinery, Fertilizer and Jetty are located.
The royal fathers pointed out that they appreciate the good gestures by the company by doing so much for the communities even when still at construction stage.
At the parley which took place after a guided tour of the Dangote Refinery, fertilizer and Jetty were the Leaders of all the communities around the project site, including Idasho, Ilekuru, Okeyanta, Magbo-Segun, Okesegun, Itoke, Idotun, Alasia, Okunraiye and Lekki town.
Other neighbouring communities like Imobido community, Tiye community, Mosa community, Ilege community, and Olomowewe community were also represented at the meeting.
Speaking at the event, the Imobido Community head, Chief Jegede Lateef, commended the company for siting its refinery and petrochemical plants in the community saying his community was extremely lucky because the projects could have been sited elsewhere.
“We appreciate Dangote Industries for its decision to establish a refinery and petrochemical plants in our communities and we believe that the company’s investment will contribute to the development of the community. Dangote is welcome to do his business in our communities and we are fully ready to cooperate with him”, the community leaders said.
He emphasized the need for the company to ensure that the various investments translate to infrastructural development and employment opportunities for members of the host communities.
Also, the Head of Tiye Community, Chief Adewale Salami, who commended the company for the various completed and ongoing projects, promised that the community would at all times provide an enabling environment for the investment to thrive.
He said Dangote has done well in enhancing the welfare of host communities and urged it not to relent in its efforts to ensure that jobs are provided for qualified graduates who are indigenes of Lekki Free Trade Zone.
In his comment, the Olomowewe Community Head, Chief Shefiu Aguda said the communities had come to identify Dangote Industries as an organization that had shown concern for the welfare of the members of the communities, adding that many of the localities lacked basic social amenities prior to their contact with the company.
“The areas are gradually becoming like cities from its their usual old rural setting because of human and economic activities on daily basis,” he said.
The Group Executive Director, Dangote Industries Limited, Devakumar Edwin, who received the group expressed the company’s commitment to the execution of more strategic community development projects, particularly those that would improve the host communities.
He disclosed that the company actually conducted a baseline survey and needs in all the communities adding that it was the findings of the survey that were used in developing a comprehensive Community Development Plan (CDP) and that the company has already embarked on youth empowerment and leadership programme for the host communities.
Edwin added that the company will continue to support educational programmes, development of small and medium enterprises, improved infrastructure and creating awareness on proper hygiene and sanitation in the environment.
The Dangote Refinery boss said the aim of the company is to be a good neighbour in its areas of operation, by contributing to the well-being of neighbouring communities. “We work closely with them to manage the social impacts of our business activities, address any concerns about our operations, and enhance the benefits that we are able to bring. We work closely with communities to understand their concerns and identify how to address them. We aim to avoid or reduce any adverse impacts and to manage those impacts that may be unavoidable”, he added.
He said the company prides itself as being a relevant and integral member of its host communities and as a socially responsible organization. “We believe it is important to give back to our community. We will continue to provide support in every way we can to maintain a cordial relationship in the communities,” he added.
According to him, the company has a strong partnership with communities in the company’s areas of operation. “We support their aspirations and respect the communities’ traditions. We would thus commit ourselves to executing many more strategic community development projects, particularly those that we believe would rapidly improve the lives of Nigerians.”
The Minister-designate for Power, Joseph Olasunkanmi Tegbe, has firmly clarified that he never promised to fix Nigeria’s national electricity grid within three months, describing such claims circulating in sections of the media as a misrepresentation of his Senate screening remarks.
A statement issued after his appearance before the Senate stressed that Tegbe was deliberate and cautious in his presentation, avoiding unrealistic timelines while outlining a structured reform pathway for the power sector.
According to the clarification, Tegbe explained that while Nigerians can expect early signs of progress, particularly in grid stabilisation within his first 100 days in office, comprehensive reforms will be guided strictly by technical assessments, stakeholder consultations, and sector realities.
He noted that critical challenges such as gas supply constraints, metering gaps, infrastructure decay, and commercial inefficiencies require coordinated interventions that cannot be resolved through arbitrary timelines.
“My commitment to this distinguished chamber and to Nigerians is clear: we will deliver visible and measurable improvement in the power sector,” Tegbe stated during the screening.
He assured that his focus would include stabilising the national grid, modernising transmission and distribution infrastructure, strengthening commercial frameworks, and enforcing accountability across the electricity value chain.
On tariff policy, the minister-designate reaffirmed that reforms would be carefully designed to balance sustainability with social protection, ensuring that vulnerable households are shielded while also restoring investor confidence in the sector.
The statement further emphasised that Tegbe’s approach reflects discipline, technical understanding, and a reform-minded agenda aimed at delivering lasting solutions rather than short-term political promises.
It added that he remains open to responsible media engagement and constructive clarification where necessary, noting that accurate reporting is essential to public understanding of ongoing efforts to reposition Nigeria’s power sector.
Tegbe reaffirmed his readiness to lead a transparent, results-driven reform process anchored on accountability, realism, and measurable progress.
A grand cultural renaissance celebrating the enduring legacy of legendary Yoruba war hero and statesman, Ogedengbe Agbogungboro, will take centre stage as the 2026 edition of Ogedengbe Fiesta holds from July 29 to 31 across Osun State and Ekiti State.
The three-day heritage festival, unveiled by organisers on Wednesday, is themed, “Ogedengbe Agbogungboro Legacy: Leadership, Security, and Statecraft for Modern Governance in Nigeria.”
The event is designed to preserve Yoruba cultural heritage, deepen historical consciousness, promote tourism and stimulate national conversations on leadership, peacebuilding and governance.
According to the organisers, the fiesta will commence with traditional homage at Atorin and heritage excursions to notable Kiriji War historical sites in Imesi-Ile, where participants will relive significant moments in Yoruba military and political history.
The programme will also feature guided visits to the historic Ogedengbe Cave, Ibu Latoosa Site and the Yoruba Peace Treaty Grove, all regarded as symbolic monuments of Yoruba resilience, diplomacy and unity.
As part of activities lined up for the celebration, participants will tour the gardens of renowned legal icon and elder statesman, Afe Babalola, in Okemesi-Ekiti.
The organisers further disclosed that a Legacy Awards and Hall of Fame Investiture ceremony would hold in Ilesa to honour individuals who have contributed immensely to the promotion of Yoruba culture, leadership and community development.
A distinguished personality lecture in honour of Aare Afe Babalola, SAN, OFR, CON, and Arole Fabunmi of Okemesi-Ekiti is also expected to headline the event, with scholars, traditional rulers, cultural enthusiasts and public intellectuals billed to discuss pathways to strengthening governance and security through indigenous values and historical lessons.
The organisers noted that all activities would commence daily by 11am, adding that the festival would serve as a rallying point for lovers of Yoruba culture, history and tourism across Nigeria and beyond.
They described the fiesta as not only a celebration of the heroic exploits of Ogedengbe Agbogungboro, but also a strategic platform to inspire a new generation of leaders through the ideals of courage, unity, patriotism and visionary leadership.
The Federal Government on Tuesday ruled out any plan to reinstate fuel subsidy despite worsening economic hardship and mounting public pressure.
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, stated this in Paris, France, during a meeting with global investors alongside President Bola Tinubu.
Oyedele said the government would also not introduce price controls, stressing that market forces remain the preferred mechanism for determining petrol prices.
“We will not bring back fuel subsidy because it creates distortions for the economy, and we won’t introduce price control because we believe in the market,” he said.
The minister argued that the subsidy regime had long undermined economic efficiency, adding that emerging global energy shifts, including developments in Iran, present fresh investment opportunities for Nigeria.
The removal of petrol subsidy in May 2023 triggered a steep rise in inflation, worsening the country’s cost-of-living crisis.
Nigeria’s headline inflation climbed from 22.41 per cent in May 2023 to 34.19 per cent by June 2024 — its highest level in nearly two decades — driven by surging fuel, food, and transportation costs.
Food inflation further accelerated, exceeding 39 per cent by October 2024, while transport fares soared by nearly 300 per cent, compounded by currency devaluation.
Despite the economic strain, Tinubu defended the policy, saying it had stabilised the foreign exchange market.
“Subsidy that was a burden to the entire country was removed, and ever since we have achieved FX stability,” the President said, according to his Special Assistant on Social Media, Dada Olusegun.
In a related statement, the President’s Special Adviser on Information and Strategy, Bayo Onanuga, said the administration’s reforms were aimed at eliminating structural distortions, strengthening macroeconomic stability, and laying the foundation for inclusive growth.
He added that the government remained committed to fiscal discipline and transparency.
Highlighting economic progress, Oyedele disclosed that Nigeria recorded an 11.2 per cent growth in Gross Domestic Product in dollar terms in 2025, describing it as a major step towards the country’s ambition of building a $1tn economy by 2030.
He also pledged that the government would begin publishing quarterly financial reports to enhance accountability and public trust.
Also speaking, the Director-General of the Debt Management Office, Patience Oniha, assured investors of Nigeria’s commitment to prudent borrowing and sustainable debt management.
The Federal Government has continued to defend its reform agenda despite growing public discontent, insisting that the long-term gains will outweigh the current economic pains.
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