Business
Vice Chancellors Hail Dangote’s Impact on Nigeria’s Agricultural revolution
President of Dangote Group, Aliko Dangote has been hailed as a foremost entrepreneur whose laudable interventions in the agricultural sector in Nigeria should be applauded and emulated by others.
Many Nigerian University Vice Chancellors, under the auspices of Committee of Vice-Chancellors who were at the Dangote Fertiliser plant on a familiarisation visit over the weekend, marveled at the huge financial resources invested in the Plant.
The university heads unanimously agreed that Dangote should be specially recognised for his contribution on agricultural revolution in Nigeria, through his fertiliser project.
Secretary of Committee of Vice-Chancellors of Nigeria, Prof. Yakubu Ochefu, said all Nigeria needed for real growth and development in all sectors of the economy was just to have five of Aliko Dangotes.

He urged other Nigerian billionaires to take a cue from Dangote and invest heavily in manufacturing, to significantly reduce the high unemployment rate among the youth and ameliorate the sufferings of many Nigerians.
According to him: “We decided to come and see organisation wellness and resilience in action, and we know that Aliko is one of the most resilient entrepreneurs this country has ever produced, so, it is important to come and have a feel of that action.
“We came to see how one man’s dream and vision and big picture can translate into something like this and I can say that this visit has exceeded all our expectations because nothing you see on television or even read in Newspapers can match the reality when you come here physically and see this massive edifice and process in place.
“Dangote is an enigma and like I said earlier, if we have five of his types across Nigeria or across Africa, this country and continent will be a different story entirely. We are truly very proud of him…”

Speaking after the tour of the Fertiliser Plant, Vice Chancellor of the Federal University of Technology, Owerri, Prof. Nnenna Oti described the Plant as impressive and lauded the synergy between Lagos State Government and Aliko Dangote, a man from Kano State, describing the union as what Nigeria should really represent.
She said: “This plant is quite impressive. We wish we had more Nigerians who are investing in our country, creating opportunities and solving real problems as well as giving back to society as Aliko Dangote is doing…
“What is more impressive is that somebody from a different part of the county has enough confidence in another part of the country and there is this synergy between the different elements, the cooperation from the Lagos State Government and a man from Kano…this is the Nigeria of my dream,” she added.
Prof. Ibiyemi Olatunji-Bello, Vice Chancellor of the Lagos State University (LASU), also expressed satisfaction at the operations in the factory, noting that the 3 million tonnes of granulated Urea factory would go a long way in solving the food problems in Nigeria.
She said: “This trip to Dangote Fertiliser has been awesome. …when the president said that there was going to be a state of emergency against poverty, we now know that Dangote is contributing enormously to the growth of the nation, to the availability of food security, through the provision of fertiliser, which is an important component in crop and food production…
“I am very impressed. This factory is enormous, huge funds have gone into it and it will have a positive effect on the nation’s economy. The likes of Aliko Dangote are rare, and Nigeria should be thankful for having a bold man that is always willing to take huge risks, in our midst,” she added.
In the same vein, the Vice Chancellor of the University of Jos, Tanko Ishaya, urged the Federal Government to specially recognise Aliko Dangote, as he has braved the odds to provide real solution to one of the key problems, facing the country: food security.
He said: “We have all gone round the factory and I must confess that this is a fantastic environment, and we want to congratulate the President of Dangote Group for having that vision and for implementing the vision.”
Recall that the Dangote Urea Fertiliser plant was built to tap into Nigeria’s demand for fertiliser, a critical component of achieving food sufficiency for Africa’s most populous country.
The Fertiliser plant is manufacturing 3 million metric tonnes of urea per annum, with a view to reducing the nation’s fertiliser imports, and generating over $400m annual foreign exchange from export to Africa countries.
Managing Director/CEO, Dangote Fertiliser Limited, Vishawajit Sinha, revealed that the Plant which has the capacity to turn out more than 4,500 tonnes of urea per day will conveniently meet the local demand and even produce for exports.
According to him: “…We have the capacity to turn out 4,500 tonnes of Urea every day…this is a bulk application fertiliser…each crop in Nigeria or globally will require Nitrogen and this is a rich fertiliser, having 46 per cent nitrogen…The company has the capacity to meet local demand and export to African countries.”
The plant, which is the largest granulated Urea fertiliser complex in Africa, occupies 500 hectares of land, was built at a cost of $2.5 Billion, and is expected to reduce drastically level of unemployment and youth restiveness in the country through employment opportunities.
The plant is expected to generate new jobs with top quality fertiliser being available and in sufficient quantities for the farmers.
Business
Dangote Foundation Takes Over Aliko Dangote Skills Acquisition Centre Kano
Under the agreement, the Foundation will manage the multi-million naira facility for a number of years and operate programmes aimed at equipping young people with technical, digital and industrial skills.
The Aliko Dangote Foundation has taken over the management of the Aliko Dangote Skills Acquisition Centre in Kano state.
The Memorandum of Understanding was signed between the Foundation and the Kano State Government, on Friday.
Under the agreement, the Foundation will manage the multi-million naira facility for a number of years and operate programmes aimed at equipping young people with technical, digital and industrial skills.
Chairman of the Manufacturers Association of Nigeria (MAN), Kano-Jigawa Branch, Muhammad Bello Isyaku Umar, described the intervention as “far-reaching and impactful,” saying skills acquisition remained one of the most effective ways of addressing youth unemployment in Nigeria..
“Programmes such as the Aliko Dangote Skill Acquisition Centre can equip young people with practical skills that enable them to become entrepreneurs, artisans or employees. The emphasis should increasingly be on modern technical, digital and industrial skills,” Umar said.
He described Kano as the economic and commercial hub of northern Nigeria and said the Foundation’s interventions across the region had extended to several sectors.
Business
Okin Biscuits Set For Comeback After 17 Years, Targets Revival Of Jobs, Local Manufacturing
Founded in the 1980s by the late Chief Emmanuel Olatunji Adesoye, an illustrious son of Offa, Okin Biscuits grew into a household name with products including Okin Coasters, Shortcake and Okin Cabin Biscuits.
By Ochefa
After 17 years off the shelves, Okin Biscuits, one of Nigeria’s once-popular indigenous biscuit brands, is set to return to production as efforts intensify to revive the Ijagbo, Kwara State-based factory.
The planned comeback marks a significant attempt to restore one of the country’s old manufacturing brands while potentially reopening a major source of employment and economic activity in the community.
Founded in the 1980s by the late Chief Emmanuel Olatunji Adesoye, an illustrious son of Offa, Okin Biscuits grew into a household name with products including Okin Coasters, Shortcake and Okin Cabin Biscuits.
At its peak, the company provided direct and indirect employment to more than 2,000 people before production was eventually halted in 2009.
The shutdown reflected some of the structural problems that have continued to undermine Nigeria’s manufacturing sector, including harsh operating conditions, intense competition, inadequate infrastructure, vandalism and the theft of critical production equipment.
With the factory no longer producing, its products gradually disappeared from retail outlets and homes in Kwara, Lagos and other parts of the country.
Factory Undergoing Major Rehabilitation
However, the industrial facility is now showing signs of renewed activity.
A visit to the factory in Ijagbo showed that extensive rehabilitation work is underway across the complex.
The main factory building, which houses the production machinery, as well as the administrative block and other facilities, are undergoing comprehensive renovation.
The premises have already assumed a significantly different appearance, suggesting that the revival project has moved beyond plans and into physical reconstruction.
The management recently announced through its official Facebook page that production machinery was being test-run.
It said biscuits rolled off one of the rehabilitated production lines on August 25, 2026, marking the first production from the factory in 17 years.
The development is significant not merely as the return of a nostalgic consumer brand, but as an example of how the rehabilitation of abandoned industrial assets could contribute to renewed domestic production and employment.
For Nigeria, where manufacturers continue to contend with high energy and logistics costs, infrastructure constraints, foreign exchange pressures and strong competition from imported products, the reopening of an existing manufacturing facility could offer a potentially faster route to industrial capacity expansion than building an entirely new factory.
Community Backs Revival
…biscuits rolled off one of the rehabilitated production lines on August 25, 2026, marking the first production from the factory in 17 years.
The planned resuscitation has also attracted strong support from the Offa community.
The Aare Bobaselu of Offa, Chief Abdulatif Adekunle Ajeigbe, described the development as “heartwarming,” linking it to the broader Offa Mega City project championed by the Olora of Offa, Oba Muftau Mohammed Gbadamisi, Esuwoye II.
According to him, members of the community had made several efforts to revive the moribund factory, including exploring the possibility of group financing.
“We did our best to see that the factory came back to life, but it was the children of the late Asiwaju of Offa and the founder of the factory, Chief Emmanuel Olatunji Adesoye, who insisted on carrying on their father’s legacy through the factory,” he said.
Ajeigbe commended the founder’s children for their determination to preserve the family’s industrial legacy and bring the factory back into operation.
More Than A Brand Revival
The return of Okin Biscuits also highlights the wider economic value embedded in Nigeria’s abandoned industrial assets.
The company’s earlier success created employment not only within the factory but across its supply and distribution networks, including raw-material suppliers, transporters, distributors, retailers and other service providers.
A successful reopening could therefore have an economic impact extending beyond the factory gates, particularly if production eventually returns to significant capacity.
The bigger test, however, will be whether the revived company can operate sustainably in an increasingly competitive Nigerian consumer market.
The new investors will have to contend with production costs, energy supply, distribution challenges, consumer purchasing power and competition from both established domestic manufacturers and imported brands.
For Okin, the challenge is therefore not simply to restart the machines, but to build a commercially viable manufacturing operation capable of sustaining production, protecting jobs and reclaiming market share.
If successful, the return of Okin Biscuits could become more than a nostalgic homecoming for Nigerian consumers.
It could provide a practical demonstration that some of the country’s dormant industrial assets can be rehabilitated, modernised and returned to productive use.
After 17 years of silence, the sound of Okin’s production lines running again may therefore signal the beginning of a new chapter for one of Nigeria’s forgotten manufacturing brands.
Business
Dangote to launch Refinery’s IPO September 14 or 16
Dangote disclosed this on Thursday while speaking to investors and analysts in Botswana.
Aliko Dangote, chief executive officer (CEO) of the Dangote Group, says the initial public offering (IPO) of Dangote refinery will open in the next 10 to 12 days.
Dangote disclosed this on Thursday while speaking to investors and analysts in Botswana.
The refinery had announced plans to launch a Pan-African IPO, offering at least 10 percent of its refining business to fund a $40 billion expansion objective.
On August 18, the refinery said it had completed a $1 billion underwriting programme ahead of the planned IPO.
Speaking during his visit to the southern African country, Dangote said his ambition was to double the refinery’s capacity.“So our dream is that we want to make sure we double the capacity of the refinery… which will take us to 1.4 million barrels per day. The IPO will open in the next 10 to 12 days,” he said.
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