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Unemployment: Dangote Group Plans New Firm

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Dangote Group, has unveiled plans to establish agro-sacks
manufacturing company at Ibeso, Ogun State to complement Dangote Cement Plant
in the community as part of the company’s efforts to create employment.

The company also plans to establish a  tomato past company  as well as palm oil refinery in the
community.

President of the Group, Alhaji  Aliko Dangote disclosed this to The Tide
source recently during a meeting with Ibeso community, host members of Yewa
North Local Government Council of Baales.

Dangote who was represented at the event by the Group
General Manager, Project of Dangote Group, Mr. Joseph Alaba assured that
eligible  indigenes of the host
communities would  be given attention for
employment.

He said the establishment of these new companies was in line
with the group’s desire to invest more in manufacturing concerns that
complemented existing companies so that the teeming unemployed  youths would be gainfully  engaged.

According to him, the construction of the lines three and
four of the Ibese plant which will take the annual production from the present
six million to 12 million has started in earnest.

Dangote urged the community leaders to give maximum  cooperation to the  firm just as it has done in the past.

He explained that he was of the firm belief that production
was what could lift the nation’s economy from the woods and not importation.

He noted that the employment could only be generated through
manufacturing and that all hands should be on deck to create jobs through
manufacturing.

Dangote  thanked the
host communities for the support the company has enjoyed from them adding that
he was happy that the communities understood that it was only in the atmosphere
of peace and tranquility  that any
meaningful development could take place.

We have been enjoying peaceful, harmonious and conducive
working environment since the time we started the construction works  at Ibese here up till now that production has
started.

“We appreciate the efforts of our Baales and we pray for
lasting cordial and mutual relationship”, he said.

Dangote  added that
the support  has motivated  his cement company to invest more in the
execution  of some corporate social
responsibility (CSR) projects.

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Agriculture

Food Crisis: Uwaleke Seeks Urgent Agricultural Reforms 

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The President of the Capital Market Academics of Nigeria, Prof. Uche Uwaleke, has called for urgent agricultural reforms and stronger support for farmers to improve food security in the country.

Uwaleke made the call in an interview with Newsmen Wednesday while reacting to the United Nations projection that millions of Nigerians could face acute hunger in the coming months.

The United Nations Humanitarian Country Team had warned that about 35 million Nigerians could face acute food insecurity between June and August.

According to the organisation, nearly one in seven Nigerians may experience severe food shortages during the 2026 lean season.

Uwaleke said the projection underscored the urgent need for Nigeria to strengthen its food production systems and address factors driving food insecurity.

“The warning should be taken seriously because it reflects the difficult realities many Nigerians are already experiencing, especially vulnerable households.

“A projection of about 35 million people facing acute hunger is disturbing for a country with enormous agricultural potential,” he said.

He attributed worsening food insecurity to inflation, insecurity in farming communities, climate-related challenges, naira depreciation and high transportation costs.

According to him, the combined effects of fuel subsidy removal and declining purchasing power have further reduced access to food for many Nigerians.

Uwaleke said the situation required immediate and coordinated interventions to prevent a deeper humanitarian crisis.

“The lean season is usually difficult, but the scale being projected by the United Nations suggests the need for urgent action from both government and development partners,” he said.

He acknowledged recent government measures aimed at improving food supply, including food imports and tariff reductions on selected commodities such as rice and palm oil.

He, however, said the interventions might not yield the desired results without stronger investments in local agricultural production and improved security for farmers.

“I believe the government has made efforts to address the situation, particularly through policies aimed at boosting food availability.

However, insecurity continues to disrupt farming activities in major food-producing areas, while inflation and weak purchasing power remain major concerns for ordinary Nigerians,” he said.

Uwaleke urged the Federal Government to increase support for farmers through subsidies on fertilisers, improved seedlings and other agricultural inputs ahead of the peak farming season.

He also stressed the need to improve security in farming communities to enable displaced farmers to return safely to their farms.

According to him, targeted food distribution programmes should be expanded to support vulnerable households across the country

Uwaleke further called for long-term investments in irrigation, mechanisation, storage facilities, rural infrastructure and agricultural research to strengthen food security.

He added that food security should be treated as both an economic and national security priority requiring sustained policy implementation and adequate funding.

 

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Agriculture

Livestock Minister Reaffirms Commitment To Integrating Apiculture Development Into  NL-GAS

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The Minister of Livestock Development, Idi Mukhtar Maiha, has reaffirmed the Federal Government’s commitment to integrating apiculture development into the implementation framework of the National Livestock Growth Acceleration Strategy (NL-GAS), designed to unlock the vast potential in the livestock value chain.

The Minister made this known in a keynote address at the World Bee Day 2026 celebration, held in Abuja, where he emphasised that the livestock value chain can be significantly transformed through targeted investments, innovation, private sector participation, youth empowerment, and inclusive economic growth.

 Director of Quality Assurance and Certification, Dr. Nurallah Abubakar, who represented the minister, stated that through the NL-GAS framework, the ministry is committed to promoting sustainable apiculture practices, strengthening value chain development for honey and other bee products, enhancing research, training, and extension services, improving access to markets and financing, encouraging climate-smart agricultural practices, and expanding opportunities for women and youth participation in the apiculture sector.
He noted that bees remain among nature’s most productive species, serving not only as honey producers, but also as critical pollinators that support crop reproduction, food security, biodiversity conservation, ecosystem stability, and climate resilience.
Abubakar further observed that bee populations globally are increasingly threatened by climate change, habitat loss, environmental degradation, bush burning, indiscriminate pesticide use, pests, and diseases. He stressed that the challenges require deliberate policy interventions, strengthened stakeholder collaboration, increased public awareness, and the adoption of sustainable environmental practices.
Also speaking, the representative of the Federal Ministry of Agriculture and Food Security, Mr. Mohammad Usman, reaffirmed the Ministry’s commitment to boosting honey and bee product production for both domestic consumption and export.

In her remarks, the Permanent Secretary of the Ministry of Livestock Development, Dr. Chinyere Ijeoma Akujobi, said the Ministry remains committed to strengthening interventions aimed at improving the apiculture subsector, promoting sustainable beekeeping practices, enhancing production standards, expanding market access, and protecting pollinator habitats across the country.

The Director of Ruminants and Monogastric, Mr. Victor Egbon, representshe also commended the Youth for Agriculture Initiative (YFAI) for its sustained partnership and commitment to the annual commemoration of World Bee Day.

In a goodwill message, the representative of the Permanent Secretary, Federal Ministry of Industry, Trade and Investment, Dr. Osas Isokponomu, reaffirmed the Ministry’s commitment to supporting policies and programmes that promote value addition, industrialisation, export competitiveness, and market integration within the framework of the African Continental Free Trade Area (AfCFTA).

Earlier in his opening address, the President of the Youth for Apiculture Initiative (YFAI), Mr. Kingsley Nwagwu, called for the establishment of a National Apiculture Policy as a foundation for unlocking Nigeria’s emerging apiculture economy.

Participants at the event were drawn from relevant Ministries, Departments and Agencies, stakeholders, students, academia, research institutions, and development partners.

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Agriculture

Food Manufacturers Reject Multiple Taxes, Regulatory Burdens

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The Association of Food, Beverage, and Tobacco Employers (AFBTE) has cautioned the Federal Government against what it described as excessive taxation, arbitrary levies, and poor regulatory engagement, warning that these policies could threaten the survival of businesses in Nigeria’s food and beverage sector.

According to a statement, President of the AFBTE, Chinedum Okereke, gave the warning during the association’s 47th Annual General Meeting held recently in Lagos.

He stated that the food and beverage industry remained a critical pillar of the Nigerian economy because of its significant contributions to employment, public health, and economic growth, adding that government policies should support the sector rather than weaken it.

Okereke noted that many companies in the industry are struggling with rising operational costs and multiple taxes and charges imposed by government agencies without adequate consultation.

“The food and beverage sector remains a major player in the Nigerian economy in terms of its criticality to the financial and physical health of the nation, as well as the well-being of the people. Government support is therefore imperative,” Okereke said.

He added that the relationship between government institutions and businesses should be driven by collaboration, dialogue, and fairness to create a sustainable business environment.

The AFBTE chief also renewed the association’s opposition to the proposed ban on the packaging and sale of alcoholic drinks in sachets and small PET bottles, warning that the policy could worsen unemployment, reduce investment, and shrink government revenue.

“We are in the age of data and analytics Policies that affect businesses and livelihoods should be evidence-based,” Okereke said.

He noted that the industry had repeatedly demanded empirical evidence and statistical data to justify the proposed ban but claimed relevant authorities had yet to provide such information.

The AFBTE president further appealed to the Federal Government to introduce incentives and relief packages for manufacturers battling rising production costs, foreign exchange challenges and infrastructure deficits.

He also advocated the creation of more Free Trade Zones through the upgrade of existing industrial clusters, especially for long-established companies that have contributed significantly to Nigeria’s economic development but now face disadvantages compared to firms operating within free trade zones.

He observed that the absence of dialogue between the government and the private sector often creates avoidable disputes and weakens investor confidence.

Okereke added that the objectives of the Presidential Enabling Business Environment Council should remain a guiding principle for regulators and government agencies in promoting ease of doing business in the country.

Meanwhile, the Treasurer of AFBTE, Osaro Omogiade, disclosed that the association recorded a total income of N165.45m for the 2025 financial year, representing a 10.13 per cent increase from the N150.24m generated in 2024.

He attributed the increase largely to improved returns on investments in the money market through Stanbic IBTC and United Capital.

Omogiade, however, noted that the association’s expenditure rose by 14.22 per cent to N138.25m due to the increasing cost of running its secretariat, leaving a surplus of N27.21m compared to N29.19m recorded in the previous year.

 

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