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Rite Foods Ltd Investing in Sugar Mills in Niger

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Rite Foods Ltd, Uttham Sucrotech International, Legacy Sugar Company Ltd and Niger Foods are investing in sugar mills in Niger State.

The three companies have signed the Memorandum of Understanding (MoU) with the Niger State Governor,  Mohammed Umar Bago, for the establishment of six sugar mills to produce 1.6 million tonnes of sugar and 1.45 million tonnes of ethanol a year.

In a statement,  the Special Adviser to the Governor on Digital Media and Strategy, Abdullberqy Usman Ebbo, disclosed that of the six sugar mills, four will be sited in the Shiroro and Minna areas of the state.

“The agreement was signed between Uttham Sucrotech International, Rite Foods Ltd, Legacy Sugar Company Ltd and Niger Foods for a three-year, 148,000-hectare project that will see to the establishment of six sugar mills in Niger State, with four to be located between Shiroro and Minna,” he said.

Ebbo explained that each of the six sugar factories is estimated to have a capacity of 5000 to 15000 (TCD) tonnes of sugarcane crushed per day to produce sugar, ethanol and power (clean energy).

He stated that the sugar mills are expected to produce 1.6 million tonnes of sugar and 1.45 million tonnes of ethanol a year and, in turn, boost domestic food production and exports.

He explained that the agreement will further serve as an avenue for providing an enabling environment for investments, in addition to improving food security and the quality of life of the people while also aligning with the state government’s Green Economy Initiative.

Ebbo further stated that Uttham Sucrotech Company will bring multiple benefits to the state through sugarcane production, which includes 110,000 out-growers, refined ethanol, power generation, and cattle feeds, as well as empowering local farmers towards self-sufficiency.

The sugar mills are expected to produce 1.6 million tonnes of sugar and 1.45 million tonnes of ethanol a year and, in turn, boost domestic food production and exports.

He also said benefiting farmers will earn between N5 million and N6 million yearly from the 145 million-litre ethanol off-take programme and assist in promoting community growth, reducing dollar pressure, and supporting local agriculture.

” The out-grower and off-taker component of the agreement will encourage community participation in the programme.

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Business

UAE Invests in $25bn African- Atlantic Gas Pipeline

The gas pipeline will connect Nigeria’s gas network with Morocco’s southern city of Dakhla and then go northward toward Europe.

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Gas pipelines

Morocco’s Minister of Energy Transition and Sustainable Development, Leila Benali, said that the UAE is now one of the supporters of the Nigeria to Morocco gas pipeline project, which is estimated to cost $25 billion.

“The project now called the “African-Atlantic Gas Pipeline”, has won the support of IDB, OPEC Fund, EIB and the UAE,” Benali told Nigerian lawmakers, this week.

Benali also said that Morocco has finished all the feasibility and engineering studies needed for the pipeline.

Moroccan industry experts said that the project has already passed the feasibility study and Front End Engineering Design stages.

The gas pipeline will connect Nigeria’s gas network with Morocco’s southern city of Dakhla and then go northward toward Europe.

The line will pass through 15 African countries, boosting trade, development, and access to electricity in the region.

In Phase One, it will link Morocco to gas fields near Senegal and Mauritania, and connect Ghana to the Ivory Coast.

Phase Two will link Nigeria to Ghana, while Phase Three will connect the Ivory Coast to Senegal.

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Exclusive: LAGRIDE Drivers Reject Monthly Salary Model For Drive-to-Own

CIG Motors has replaced the drive-to-own scheme with a salaried model, where drivers earn a fixed monthly salary of ₦150,000.

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LagRide drivers are rejecting the new salary model introduced by Choice International Group (CIG), the distributor of GAC motors in Nigeria.

CIG Motors recently took over the full operational control of LagRide from the Lagos State Government, including the management of the vehicles and drivers.

LagRide, a ride-hailing service in Lagos, Nigeria, is owned and operated by a partnership between the Lagos State government and CIG Motors, since 2021, as an alternative to the rickety yellow and black-coloured taxis scattered across the city.

Ohibaba learned that, following the March 2025 full takeover,  CIG had replaced the previous drive-to-own scheme with a salaried model for drivers.

Drive-to-Own Scheme:

The previous scheme allowed drivers to lease GAC vehicles through a down payment and daily installments.

Salaried Model:

CIG Motors has replaced the drive-to-own scheme with a salaried model, where drivers earn a fixed monthly salary of ₦150,000.

Some of the drivers who spoke with our Reporter are complaining that the monthly salary model isn’t favourable, and would likely switch to competitors, the likes of Bolt and Uber.

It was further gathered that the new management of LagRide has commenced retraining programmes for the drivers, batch by batch.

Meanwhile, the Lagos State government, led by Governor Babajide Sanwo-Olu, initiated LagRide as a solution to improve mobility and provide a multi-modal transportation system for Lagosians.

Purpose of LagRide:

LagRide aims to provide a more modern and reliable alternative to the traditional, often rickety, taxis that were previously prevalent in Lagos.

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DStv Subscription: Court dismisses MultiChoice suit against FCCPC‎‎

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The Federal High Court in Abuja has dismissed a suit filed by MultiChoice Nigeria, the parent company of DStv and GOtv, challenging the Federal Competition and Consumer Protection Commission’s (FCCPC) intervention following a recent hike in subscription cost.

‎‎In the judgment, Justice James Omotoso ruled that the suit constituted an abuse of court process as similar proceedings were already pending elsewhere.

‎‎The judge stressed that MultiChoice should have pursued its arguments in that court. He said if that was done it would have rendered the suit at the Federal High Court procedurally inappropriate.

‎‎Justice Omotoso noted that while the Commission has investigative powers under its establishing Act, it, however, lacks the authority to fix or suspend prices unless as delegated by the President through a gazetted instrument. No such delegation was presented to the court.‎‎

“The power to fix prices is exclusively that of the President. Any decision taken without such delegation is a nullity,” the judge stated.

‎‎He added that because Nigeria operates a free market system, service providers like MultiChoice have the right to set their prices, with consumers free to accept or reject them.‎‎

The judge further ruled that FCCPC’s actions, including directing MultiChoice to suspend its price increase, is in breach of the company’s right to fair hearing and appeared selectively targeted.

He dismissed the FCCPC’s claim that MultiChoice held a dominant market position, calling the argument untenable.

‎‎“The use of services like those provided by the plaintiff is discretionary and not essential. Nigeria can do without it,” Justice Omotosho added.

The judge thereby warned that attempts to fix prices by regulatory bodies could scare off potential investors and harm the economy.

‎‎The court held  that while the FCCPC may investigate market practices, it cannot impose price controls without proper legal backing.‎‎

MultiChoice had increased subscription rates by up to 25% on March 1, 2025, citing inflation and the attendant rose in operational cost. ‎‎

Following public outcry, the FCCPC opposed the move, calling for regulatory review and threatening sanctions, prompting the lawsuit.‎

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