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Aliko Dangote Makes TIME100 Most Influential Global Philanthropists

The prestigious list, published by TIME Magazine on Tuesday, features Aliko Dangote, whose Foundation spends an average of $35 million a year on programmes across Africa, alongside other global figures in charitable work, such as Michael Bloomberg, Oprah Winfrey, Warren Buffett, and Melinda Gates, all of whom are recognised as Titans.

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Aliko Dangote, the Chairman Aliko Dangote Foundation and President/Chief Executive, Dangote Industries Limited, has been named in the inaugural 2025 TIME100 Philanthropy list, which recognises the 100 most influential leaders shaping the future of philanthropy across the world.

Dangote is the only Nigerian on this distinguished list.

The prestigious list, published by TIME Magazine on Tuesday, features Aliko Dangote, whose Foundation spends an average of $35 million a year on programmes across Africa, alongside other global figures in charitable work, such as Michael Bloomberg, Oprah Winfrey, Warren Buffett, and Melinda Gates, all of whom are recognised as Titans.

A total of 100 influential individuals from 28 countries have been honoured for their philanthropic efforts in four categories: Titans, Leaders, Trailblazers, and Innovators, with Dangote emerging as one of the 23 Titans.

TIME highlighted Dangote’s remarkable rise to wealth, having built a fortune of $23.9 billion through ventures in cement, agriculture, and oil refining in Nigeria.

However, his philanthropic efforts are equally noteworthy.

My mother instilled in me the ethos of giving back, which inspired my philanthropy 30 years ago.

In 2014, he endowed the Aliko Dangote Foundation with $1.25 billion, with the aim of giving back to the continent that played such a key role in his success.

The foundation spends on average of $35 million each year on various initiatives across Nigeria and Africa. “Investing in nutrition, health, education, and economic empowerment is our contribution to setting Africans up for success” – Dangote remarked, reflecting the foundation’s core priorities.

Among the foundation’s ongoing efforts is a $100 million multi-year initiative to combat severe childhood malnutrition.

Furthermore, an earlier vaccine programme in Nigeria, developed in partnership with the Bill and Melinda Gates Foundation and others, contributed to the World Health Organisation’s 2020 declaration that polio had been eradicated from Africa, Nigeria being the most populous country in Africa and the last country to eradicate the disease. Education is another area where Dangote is making a significant impact.

He recently announced a $10 million donation to the Aliko Dangote University of Science and Technology, based in Kano State.

The conglomerate has provided a wealth of infrastructural support to the country’s tertiary institutions.In 2019, the Federal Government revealed that the N1.2 billion hostel donated by the Aliko Dangote Foundation to Ahmadu Bello University, Zaria, was the largest donation ever made by an individual to a university in Nigeria’s history at that time.

As a member of The Global Business Coalition for Education, the Aliko Dangote Foundation has also focused on early childhood education.

Through the Mu Shuka Iri (Let’s Plant a Seed) programme, local women – affectionately known as “Aunties” – are trained in Montessori-style education to become community educators in Kano.

The foundation’s investments in education include providing vocational training and providing scholarships at the secondary and tertiary levels, in addition to offering annual fellowships through the World Economic Forum’s Young Global Leaders programme.

“We need to create the next generation of African leaders,” Dangote says, underscoring his commitment to long-term societal change.

“My mother instilled in me the ethos of giving back, which inspired my philanthropy 30 years ago.

I trust my three daughters will continue this legacy, just as they will continue to grow our business and impact. I want to be known not just as Africa’s richest person but also as its biggest philanthropist.”

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Senate confirms Oyedele as minister

During the screening, Oyedele proffered solutions to getting out of the various economic issues in the country.

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The Senate has confirmed the nomination of Taiwo Oyedele as Minister of State for Finance.

His confirmation comes after two hours of screening as lawmakers grilled him on various aspects of the economy.

Oyedele’s screening followed a motion moved by Opeyemi Bamidele, the Senate leader, after he called for the suspension of the Senate rule to allow strangers to come into the chamber.

During the screening, Oyedele proffered solutions to getting out of the various economic issues in the country.

Oyedele was escorted to the chamber by Bashir Lado, the Special Adviser to the President on the National Assembly ( Senate), alongside others.

His screening followed President Bola Tinubu’s letter to the Senate on Tuesday, requesting his confirmation as a minister.

Tinubu had, on March 3, nominated Oyedele, who currently serves as chairman of the presidential committee on fiscal policy and tax reforms, as Minister of State for Finance.

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Tinubu appoints Lamido Yuguda as CBN’s Deputy Governor

Lamido Yuguda’s last public post was as director-general of the Securities and Exchange Commission, a position he held from 2020 to 2024.

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PRESIDENT Bola Tinubu has approved the appointment of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria (CBN)

The appointment is in accordance with Section 8(1) of the Central Bank of Nigeria Act, 2007.

This was disclosed on Wednesday by the presidential spokesman, Bayo Onanuga.

The President charges Yuguda to discharge his responsibilities with renewed dedication, professionalism, and commitment to Nigeria’s economic stability and growth.

Lamido Yuguda’s last public post was as director-general of the Securities and Exchange Commission, a position he held from 2020 to 2024.

He is an alumnus of Ahmadu Bello University, where he graduated in 1983 with a B.Sc. in Accountancy.

In 1991, he obtained a master’s degree in Money, Banking and Finance from the University of Birmingham, United Kingdom.

He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a CFA charterholder.

He began his career in 1984 at the Central Bank of Nigeria (CBN) as a Senior Supervisor in the Foreign Operations Department.

He also worked as an economist in the Africa Department of the International Monetary Fund from 1997 to 2001, when he returned to the CBN.

He retired from the CBN in 2016, after he had served as Director of the Reserve Management Department for six years.

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JUST IN: IGP Disu Assigns Portfolios to New DIGs

DIG Zachariah Fera Achinyan has been deployed to Legal Services, DIG Zango Ibrahim Baba to Research and Planning, and DIG Isyaku Mohammed to Training and Development departments.

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The Inspector-General of Police (IGP) Olatunji Disu has assigned the new Deputy Inspectors -General of Police (DIGs) their duties responsibilities.

Sources said that the DIGs were assigned departments based on their areas of competence.

DIG Zachariah Fera Achinyan has been deployed to Legal Services,

DIG Zango Ibrahim Baba to Research and Planning, and DIG Isyaku Mohammed to Training and Development departments.

Similarly, DIG Margaret Agebe Ochalla has been posted to the Force Criminal Investigation Department (FCID);

DIG Mohammed Abdul Sulaiman to Finance and Accounts; DIG Kenechukwu Onwuemelie will oversee the Force Intelligence Department (FID); DIG Fayoade Adegoke will head Information and Communication Technology, while DIG Umar Shehu Nadada has been posted to Operations departments.

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