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Dangote Donates N1.2 Billion to First Business School in the North to Bayero University, Kano

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Christened Dangote Business School, the business mogul disclosed that talks are on to affiliate the school with the popular Harvard Business School, in the United States of America

The business educational development of Northern Nigeria took a new turn at the weekend when the renowned businessman, Aliko DANGOTE donated a N1.2 billion ultra-modern business school edifice to the Bayero University, Kano, (BUK), first of such in the northern part of the country.

Christened Dangote Business School, the business mogul disclosed that talks are on to affiliate the school with the popular Harvard Business School, in the United States of America.

Speaking to a group at the opening of the School at the new site of the University, Dangote stated that no effort was spared to ensure that the school, building gate was up to international standard and one of the biggest in the sub-Saharan Africa.

Dangote said the Business School, which was commissioned by the Kano State Governor, Abdulzhi Umar Ganduje, was conceived as part of the contributions of the Nigeria’s business mogul, Alhaji Aliko Dangote towards encouraging world class entrepreneurship education at the highest level in Nigeria.

He described the School as best of its kind in northern Nigeria, adding that the School, as accredited by the Nigerian University Commission, will be the first business school to offer Doctor of Business Administration PhD. program in Nigeria.

Africa’s richest man added that the business school would ease sharing of business information globally and how future African leaders could advance their businesses as well as building capacity which would translate to boosting the continent’s economy.

Dangote traced the journey of the construction of the school to the days of Prof Attahir Jigawa as the Vice Chancellor of the University when he pleaded with him to help in the establishment of a business school that can accelerate entrepreneurship in the country.

He said he agreed to build the edifice because of his conviction that good quality education is the bedrock of meaningful development in the country and only a sound mind can facilitate development.

The school, according to him, will train African Business leaders by carrying out research on how Nigerians can do business in the very particular kind of environment and succeed.

On his part, the Vice Chancellor of the University, Prof. Muhammed Yahuza Bello said with the new business school, the university is now poised to serve the society better through training, research and services.

He said the university adopted the name “Dangote Business School”, because the name Dangote (http://Dangote.com) is internationally synonymous with innovation, entrepreneurship and successes in business and industry and pledged that the school will live by its name and tradition.

Explaining the uniqueness of the school, he stated that the new structure comprises 650 seating capacity auditorium, two theaters, four lecture halls, two libraries, incubation center, two cafeterias, 800kva soundproof generator and borehole among others.

In their separate remarks, Gov. Ganduje, represented by his Deputy, Prof. Hafeez Abubakar, his Jigawa State Counterpart, Gov. Muhammed Badaru Abubakar and the Emir of Kano, Muhammadu Sanusi II showered accolades on Alhaji Aliko Dangote for his several interventions in various sectors in the State and beyond, urging other wealthy individuals to emulate.

Kano Deputy Governor, Professor Abubakar who represented Gov Ganduje said Nigerians have a lot to learn from Alhaji Dangote whose wealth has no influence on his humility and is ever willing to do for his immediate environment and make the society better.

He pleaded with the University authority to grant Alhaji Dangote opportunity to lecture once in a while in the school, even if it’s an interactive session because he has a lot to offer beyond available in the text books as a successful business man.

Emir Sanusi said what Dangote has done is what he has always advocated for other Nigerians to do and that until Nigeria gets her education right a lot of things may not fall in place as expected.

He expressed his appreciation to Alhaji Dangote for rising up to the occasion each time he calls on him to do one thing or the other in the interest of the society.

Emir Sanusi urged other well meaning Nigerians to emulate him and contribute to the development of their society

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Just In: Tinubu Set To Embark on  Two-weeks Annual Leave.

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President Bola Ahmed Tinubu has announced a two-week annual leave

 

According to Bayo Onanuga Special Adviser to the President (Information & Strategy) President Bola Tinubu will depart Abuja today for the United Kingdom to begin a two-week vacation, part of his yearly leave.

 

He will use the two weeks as a working vacation and a retreat to reflect on his administration’s economic reforms.

 

He will return to the country after the leave expires.

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Alleged Corruption : El-Rufai denies allegations, vow to swear on Quran….

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A former Governor of Kaduna State, Nasir El-Rufai, has asserted that his entry into politics was driven solely by a desire to serve the people, not to amass wealth or siphon public funds.

 

El-Rufai made this declaration on Tuesday during a Hausa program aired on Freedom Radio, Kaduna.

 

Speaking candidly, the former governor dismissed allegations of financial misconduct during his administration, maintaining that he was already financially content before assuming office.

 

The Kaduna State House of Assembly had earlier indicted El-Rufai’s administration for the misappropriation of over N423 billion during his eight-year tenure.

 

 

However, El-Rufai and his associates have categorically denied the accusations, labeling them as politically motivated.

 

“I did not join politics to steal money or enrich myself. I was satisfied with what I had before becoming governor,” El-Rufai stated, adding that he is ready to swear on the Quran to prove his innocence if other former governors and current leaders do the same.

 

 

“I have always prayed for guidance in all I do, and I strive not to betray the trust of the people. Whenever the former governors of Kaduna State and other leaders are ready to swear with the Quran that they never misappropriated public funds, I will join them. I have no fear because I know I never took money that belonged to the people,” he said.

 

 

The former governor expressed dismay over the allegations, saying his administration has been accused without any clear evidence of where the money went missing or who took it.

 

He further claimed that his allies were being targeted and invited by the Independent Corrupt Practices Commission and the Economic and Financial Crimes Commission as part of a smear campaign against him.

 

“I have left everything to God’s judgment. I have prayed and will remain silent on the issue. I have instructed my lawyers to take legal action against those tarnishing my name, but for now, I’m focused on my activities like reading and writing,” he said.

 

 

El-Rufai emphasised that service to the people continues even after leaving office, stating, “You don’t need to hold a position in government to serve. We are still working with like-minded individuals who genuinely want to serve the people, not those seeking to enrich themselves.”

 

Looking ahead, El-Rufai revealed that he intends to return to politics in 2027 after completing his studies, remarking, “There is no retirement in politics. God willing, we will return and continue serving the people.”

 

 

 

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Alleged N27bn fraud: Ex-Taraba Gov., Ishaku, Spends 5th Night in EFCC Cell

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A FCT  High Court in Maitama, Abuja, on Monday remanded former Taraba State Governor, Darius Ishaku and former Permanent Secretary of the Bureau for Local Government and Chieftaincy Affairs, Bello Yero, in the custody of the Economic and Financial Crimes Commission.

 

The duo was arrested on September 27 for allegedly diverting N27bn belonging to the Bureau for Local Government and Chieftaincy Affairs.

 

In the suit, marked CR/792/24, filed before the Federal Capital Territory High Court, the EFCC accused the defendants of diverting N1,010,000,000 to their personal use between August 25, 2015, and March 21, 2016, in Abuja.

 

The anti-graft agency stated that this amount formed part of the 2.5 percent contingency funds belonging to the Bureau for Local Government and Chieftaincy Affairs.

 

 

The EFCC further alleged that the duo committed an offense contrary to Section 315 of the Penal Code A, Cap 532, Laws of the Federal Capital Territory of Nigeria 2007, which is punishable under the same section.

Other sums allegedly diverted by the defendants as part of the contingency fund include N650,686,369.99 between January 6, 2019, and April 29, 2021; N193,030,000 between January 2019 and April 29, 2021; and N170,549,842.00 between January 6, 2019, and April 29, 2021, among others.

 

Upon their arraignment, the defendants, according to a statement by the EFCC spokesperson, Dele Oyewale, pleaded not guilty. Oyewale stated that the prosecution counsel, Rotimi Jacobs (SAN), asked the court for a trial date and an accelerated hearing of the matter.

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