News
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.
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.”
News
Public holidays: FG declares December 25, 26, and January 1
The Minister of Interior, Dr Olubunmi Tunji-Ojo, announced the public holidays on behalf of the Federal Government.
The Federal Government has declared Thursday, December 25, and Friday, December 26, as well as Thursday, January 1, 2026, as public holidays to mark the Christmas, Boxing Day, and New Year celebrations.
The Minister of Interior, Dr Olubunmi Tunji-Ojo, announced the public holidays on behalf of the Federal Government.
In a statement by the Permanent Secretary in the Federal Ministry of Interior, Dr Magdalene Ajani, the minister extended warm Christmas and New Year felicitations to Christians in Nigeria and across the world.
He extended the same gestures “to all Nigerians as they celebrate the end of the year and the beginning of a new one”.
Tunji-Ojo urged Christians to reflect on the virtues of love, peace, humility, and sacrifice as exemplified by the birth of Jesus Christ, noting that these values are critical to promoting unity, tolerance, and harmony in the nation.
News
KWAM1 loses bid to block Awujale selection process
KWAM1 had declared his interest in the vacant Awujale stool, claiming lineage from the Jadiara Royal House of the wider Fusengbuwa Ruling House.
• KWAM1
The Ogun State High Court sitting in Ijebu-Ode has refused to grant popular Fuji musician Wasiu Ayinde, alias KWAM1, an interim injunction aimed at restraining Governor Dapo Abiodun and five others from proceeding with the selection and installation of the next Awujale of Ijebuland.
Ayinde, represented in court by Wahab Shittu (SAN), had on Monday, sought the injunction pending the hearing of his substantive suit challenging the selection process.
But Justice A. A. Omoniyi dismissed the application, holding that the interim injunction lacked merit and that there were no strong grounds to justify its grant.
He subsequently ordered the expedited hearing of the substantive matter, fixing 14 January 2026 for proceedings.
KWAM1 had declared his interest in the vacant Awujale stool, claiming lineage from the Jadiara Royal House of the wider Fusengbuwa Ruling House.
However, the Fusengbuwa ruling house rejected his claim, stating that he is not from the royal house.
To challenge what he perceived as injustice, Ayinde filed a suit against the Fusengbuwa ruling house, Governor Abiodun, the Chairman of Ijebu-Ode Local Government, Dare Alebiosu, and three others
News
November Petrol supply rises 55% to 71.5m litres daily
The report revealed that the domestic refineries supply in the period stood at 17.1 million litres per day, while the average daily consumption of PMS for the month was 52.9 million litres per day.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) November Fact -Sheets indicated that the supply of Premium Motor Spirit (PMS), also known as petrol, increased to 71.5 million litres per day in November 2025 from 46 million litres per day in October. This was an increase of 55 per cent.
In the report released yesterday, the agency said that the nation’s consumption also increased by 44.5 per cent to 52.1 million litres per day in November 2025, compared to the 28.9 million litres in October,. an excess of 37.4 million litres.
It said that the volume supplied came from both the domestic and the international market.
NMDPRA noted that the imports were aimed at building inventory and further guaranteeing supply during the peak demand period.
Other reasons for the increase, according to the NMDPRA, were due to “low supply recorded in September and October 2025, below the national demand threshold; the need for boosting national stock level to meet the peak demand period of end of year festivities and twelve vessels programmed to discharge into October which spilled into November.
The report revealed that the domestic refineries supply in the period stood at 17.1 million litres per day, while the average daily consumption of PMS for the month was 52.9 million litres per day.
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