Headlines
Dangote Speaks on EFCC’s Visit, Says Company Not Accused of Any Wrongdoing
The Chairman of the Dangote Group Aliko Dangote has said that the recent visit of officials of the Economic and Financial Crimes Commission (EFCC) to its office appeared designed to cause the company unwarranted embarrassment.
Dangote made the remarks in a statement clarifying the visit, and assuring of their commitment to helping the agency with its investigations.
EFCC officials visited the Dangote Group headquarters in Lagos over details of foreign exchange allocated to it by the Central Bank of Nigeria (CBN) from 2014 to the present.
Days after the visit, Dangote in a statement explained that: “On 6 December 2023, we received a letter requesting details of all the foreign exchange allocated to our company by the Central Bank of Nigeria from 2014 to the present. We understand similar letters were sent to 51 other Groups of companies requesting for same information spanning the same period.
“We responded to the EFCC to acknowledge receipt of the letter whilst seeking clarification on the subsidiaries or companies within the Group that they required information on. We also requested additional time to compile and properly present the extensive documentation spanning ten years.”
He, however, said, that “the EFCC did not provide the clarification sought and also did not honour our request for an extension and insisted on receiving the complete set of documents within the limited timeframe. Despite this constraint, we assured the EFCC of our commitment to providing the information and pledged to share documents in batches as we complete the compilation.
“On 4 January 2024, our team delivered the first batch of documents to the EFCC. However, officers of the EFCC did not accept the documents, insisting on visiting our offices to collect the same set of documents directly.
“Whilst our representatives were still at the EFCC’s office to deliver the documents, a team of their officers proceeded to visit our offices to demand the same documents in a manner that appeared designed to cause us unwarranted embarrassment. Worthy of note is the fact that the officials did not take any documents or files from our Head office during their visit as these were already in their office.
“We must emphasize that, to our knowledge, no accusations of wrongdoing have been made against any company within our Group. At present, we are only responding to a request for information to assist the EFCC with their ongoing investigation.”
Despite the development, he assured that: “As a law-abiding and ethical corporate citizen, we remain committed to providing the EFCC with all necessary information and cooperation. We have already delivered the first batch of documents and are actively working to compile and submit the remaining documents, in good time, to aid their investigation.
“Our Group is a key contributor to the national GDP, the largest employer in the private sector, one of the largest groups listed on the Nigerian Exchange, and one of the highest taxpayers in the country. We remain steadfast in our belief in Nigeria’s commitment to the rule of law and its dedication to fostering an environment conducive for investment and value creation for both local and foreign investors.
“We therefore call for the understanding and patience of our stakeholders. We will keep our stakeholders informed of any further developments.”
Headlines
ADC Declares Atiku Abubakar Winner of Presidential Primary
By Eric Elezuo
Former Vice President Atiku Abubakar has been declared winner of the presidential primary of the African Democratic Congress (ADC).
The declaration was made at the Trascorp Hilton Hotel, where the final collation of results was made.
The former Vice President polled a total of 1, 846, 370 votes to defeat his closest rival, former Governor of Rivers State, Hon Rotimi Amaechi, who scored just over 500 thousand votes. Alhaji Muhammed Hayatu-Deen came third.
Headlines
ADC Presidential Primary: Hayatu-Deen Alleges Rigging, Withdraws from Results Announcement
One of the presidential aspirants of the African Democratic Congress (ADC), Mohammed Hayatu-Deen, says he will not attend the announcement of the party’s presidential primary election results, citing allegations of widespread vote rigging.
In a statement on his X handle on Tuesday, Hayatu-Deen expressed concern over reports of electoral irregularities from across the country.
The ADC aspirant noted that he witnessed some of the incidents.
“I will not be attending the announcement of the ADC Presidential Election Results today. I am concerned by reports from across the country of widespread vote rigging, some of which I myself observed, and will therefore be taking advice on my next steps,” the statement read.
The development comes amid keen competition for the ADC presidential ticket involving former Vice President Atiku Abubakar, former Minister of Transportation and former Governor of Rivers State, Chibuike Rotimi Amaechi, and Hayatu-Deen.
The ADC presidential primary election collation exercise will take place in Abuja. Results are expected from across the nation.
Ahead of the nationwide presidential primary held on Monday, the ADC had urged aspirants, party leaders, delegates, and members to conduct themselves peacefully and uphold party unity.
In a statement issued in Abuja on Sunday, the party’s National Publicity Secretary, Bolaji Abdullahi, described the exercise as a defining moment for both the ADC and Nigerians seeking a credible political alternative.
According to him, the party remained committed to internal democracy and a transparent leadership selection process.
“The ADC remains proud to stand today as the only truly democratic party in Nigeria because it is the only political party whose choice of presidential candidate is determined through open primaries,” Abdullahi stated.
The party also stressed that the conduct of aspirants and party members during the exercise would reflect the leadership culture the ADC seeks to promote.
Headlines
You’re Not Different from APC, INEC, Amaechi Slams ADC, Rejects Presidential Primary Results
A former Minister of Transportation, Chibuike Rotimi Amaechi, has rejected the results of the African Democratic Congress (ADC) presidential primaries, alleging widespread voter disenfranchisement and electoral malpractice.
Amaechi, in a statement posted on his X handle on Tuesday, described the outcome of the exercise as “concocted results.”
He said he had earlier made it clear that he would only accept the outcome of the primaries if the process was free, fair and transparent.
“I will not accept results from a process that does not reflect the values that the ADC had pledged to uphold,” he said.
Amaechi alleged that about 80 percent of party members across the country were prevented from voting during the exercise.
“There’s no way that about eighty percent of members of the party were not allowed to vote, and you expect me to accept such results,” he stated.
The former Governor of Rivers State accused the party of engaging in practices it had previously condemned in the ruling All Progressives Congress (APC) and the Independent National Electoral Commission (INEC).
According to him, the ADC cannot criticize vote buying, rigging and manipulation of election results by others while allegedly engaging in similar acts during its own primary.
Amaechi added that the development was unacceptable and contrary to the ideals upon which the party was founded.






