Business
Analyst Accuses Dangote of Emotional Blackmail Over Fuel Supply Issues
Financial analyst Tosin Adeoti has accused Aliko Dangote, the Chairman of Dangote Refinery, of using emotional blackmail to manipulate public opinion.
This accusation comes in the wake of Dangote Refinery’s announcement that it will need to export 95-97 percent of its Premium Motor Spirit (petrol) due to low local demand from Nigerian marketers.
Edwin Devakumar, Vice President of Oil and Gas at Dangote Industries Limited, revealed that only 3 to 5 percent of petrol marketers are currently willing to purchase fuel from the refinery.
Adeoti, however, suggests that Dangote’s strategy may be to invoke emotional appeals to garner support and potentially push for regulatory measures similar to those enacted for his other products.
Adeoti challenged Dangote to disclose the price of petrol from his refinery so that it can be compared to the landing cost of imported fuel, which stands at N1,117 per litre.
In a Facebook post, Adeoti argued that if Dangote’s petrol were competitively priced, marketers would be more inclined to purchase it.
He questioned why Dangote’s refinery price remains undisclosed and suggested that if Dangote’s product was genuinely cheaper, marketers would have no reason to reject it.
He further proposed that if Dangote faced resistance from marketers, he should consider establishing his own fuel stations or partnering with existing ones to sell directly to consumers.
According to Adeoti, Dangote’s current approach seems more focused on blaming external factors rather than addressing potential inefficiencies or pricing issues within his refinery.
Adeoti criticized what he perceives as Dangote’s attempt to garner public sympathy by portraying himself as a victim of sabotage.
He argued that such tactics may sway public opinion but do not necessarily align with the best interests of Nigerians, who might be more skeptical if presented with all the relevant facts.
Nigerians now have a new choice when it comes to making calls and browsing the internet. A new telecom company has launched in the country with a new idea. Instead of the usual airtime system that most networks use, this company is offering something different, subscribers will now buy call minutes and data directly.
What makes this different is that customers will only pay for what they actually use. If you buy 100 minutes, those minutes are yours until you use them up. If you make a call that lasts only 30 seconds, the rest of your time remains, leaving you with 99 minutes and 30 seconds. Nothing is taken away without your knowledge, and every second is accounted for.
The company is rolling out its services with the new 0724 number series, and it already has connections with all the major networks in Nigeria. This means subscribers will be able to call friends, family, and business contacts across MTN, Airtel, Glo, 9mobile and others without any problems. They have also been licensed as a Tier 5 Mobile Virtual Network Operator, which is the highest category approved by the Nigerian Communications Commission (NCC).
Company officials explained that the goal is to give Nigerians more freedom, fairness, and transparency. For years, people have raised concerns about airtime being deducted too quickly or without clear explanation. By introducing a minutes-based model, the new operator wants to end that problem once and for all. Subscribers can clearly see what they paid for, how much they have used, and what is left.
Victim of child abuse pleads and urges American billionaire and businessman, Elon Musk, to halt the spread of a link that showcases her abuse on the social media platform, X.
The victim shared as she pleaded with Musk: “Hearing that my abuse — and the abuse of so many others — is still being circulated and commodified here is infuriating.”
The victim then expressed anger and disappointment that she is still reminded of her hurtful past and pleaded that Elon stop the link as he is the owner of the platform.
MTN has recently announced their financial results after the first half of 2025. The report stated that a 22.4 percent increase was made in the service revenue and was driven mainly by their users in Nigeria and Ghana.
The report also shared that the group rose by 23.2 percent to R105.1 billion. It can be noted that this growth occurred after higher demand for data, which increased the data revenue.
Aside from its financial success, MTN also announced that the current CEO of MTN Nigeria will be taken over by Karl Toriola from November 1, 2025, as he will take on the role of Vice President for Francophone Africa, overseeing operations in Cameroon, Côte d’Ivoire, Benin, and Congo Brazzaville.
-
Entertainment24 hours agoTaylor Swift and Travis Kelce Are Finally Engaged After Two Years
-
Entertainment20 hours ago“I’m Just Getting Started”: Tiwa Savage Slams Fan’s Retirement Advice
-
Entertainment20 hours agoShallipopi Goes Viral for Gifting Fan N1 Million After ‘Lunch Money’ Request on X
-
Entertainment20 hours agoNollywood’s Jim Iyke Opens Up About Refusing Gay Roles, Recalls Chasing Producer
-
Entertainment20 hours agoDonald Trump Congratulates Taylor Swift and Travis Kelce on Their Engagement
-
Business7 hours agoNew Telecom that Allows Minutes Instead of Airtime for Calls Launches in Nigeria
-
Entertainment7 hours agoFunke Akindele Congratulates Iyabo Ojo and Priscilla as They Welcome Baby Boy
-
Entertainment7 hours agoTXT’s Yeonjun to Release First Solo Album in November