News
Tinubu Congratulates Dangote on Appointment to World Bank’s Investment Lab
President Bola Tinubu has congratulated Africa’s wealthiest man, Alhaji Aliko Dangote, on his appointment to the World Bank’s Private Sector Investment Lab. This is a body focused on driving investment and job creation in emerging economies.
Tinubu praised Dangote’s extensive experience in the private sector. He highlighted his strategic investments and the thousands of jobs created through his conglomerate, Dangote Group. He emphasized that Dangote’s appointment was well-deserved given the group’s rise to prominence, spanning industries like cement, fertilizer, salt, sugar, oil, and gas.
Tinubu also noted that Dangote’s $20 billion Petroleum Refinery and Petrochemicals project is the most ambitious and significant private investment in Africa. He encouraged Dangote to bring his innovative ideas to his new role at the World Bank. Also, he encouraged him to help shape impactful initiatives for emerging markets globally.
Dangote was announced as part of the World Bank’s expanded Private Sector Investment Lab on Wednesday. Joining other business leaders such as Bill Anderson (CEO of Bayer AG), Sunil Bharti Mittal (Chair of Bharti Enterprises). Lastly, Mark Hoplamazian (President and CEO of Hyatt Hotels). The expanded lab aims to attract private capital and create jobs in developing economies. In addition, to support the World Bank’s goal of global job creation as a key focus for development.
News
‘He Was a Giant’ — President Tinubu Mourns Veteran Actor Olu Jacobs
President Bola Ahmed Tinubu has paid tribute to late Nigerian actor Olu Jacobs, recalling his contributions to the creative industry and his impact on Nigeria’s cultural identity.
In his tribute, Tinubu described Jacobs as a giant of the Nigerian creative industry and said “He was a giant of the Nigerian creative industry. His passing is a great loss to Nigeria, the African film industry and the global community of lovers of the performing arts. His remarkable body of work will continue to speak to generations yet unborn.
“The nation recognises the enormous contributions of Nigeria’s creative practitioners to the country’s cultural identity, global image and economic development. Olu Jacobs played a big role in creating this identity.”
News
Deji Adeyanju Demands Action From Tinubu Over Counterfeit Products
Human rights lawyer and activist Deji Adeyanju has called on President Bola Ahmed Tinubu to declare a state of emergency over the proliferation of counterfeit and substandard drugs and consumer products in Nigeria.
Adeyanju also called for the removal of the Director-General of the National Agency for Food and Drug Administration and Control (NAFDAC), Professor Mojisola Adeyeye, as well as the heads of other regulatory agencies, including the Standards Organisation of Nigeria (SON).
“Nigerians are being exposed to dangerous products daily, from fake and substandard medicines to unsafe consumer goods, with reports of drugs being sold wholesale in the open under the hot sun. No responsible government should expose its citizens to such risks and expect mortality rates not to rise.”
Adeyanju also called out NAFDAC over what he described as failures in regulating the circulation of counterfeit and substandard products in the country.
It can be noted that various counterfeit products continue to circulate in Nigerian markets, while NAFDAC has also reported seizures and destruction of counterfeit, expired and substandard products.
News
‘Two Hours on the Road’ — Lagosians Groan Over Kara Bridge Traffic
Lagosians have lamented heavy traffic caused by ongoing construction work at Kara Bridge along the Lagos-Ibadan Expressway.
The Federal Government announced that repairs on the damaged expansion joints at Kara Bridge would begin on September 8, 2026. The project, initially scheduled to begin in August, was delayed to allow further traffic management planning due to concerns over its impact on motorists.
Since work began, traffic around the Kara area has become heavy, with Lagosians sharing updates on social media about spending two hours or more on the road.
Some commuters say the delays have made their 9-to-5 routines difficult, with several hours spent travelling to and from work.
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