LIFESTYLE

Aliko Dangote Celebrates His 61st Birthday Today [See Throw Back Photo]

Published

7 years ago

April 10, 2018

FAB.NG

Aliko Dangote Celebrates His 61st Birthday Toda

Aliko Dangote GCON (born 10 April 1957) is a Nigerian business magnate, investor, and owner of the Dangote Group, which has interests in commodities in Nigeria and other African countries. As of March 2018, he had an estimated net worth of US$14.1 billion.

Dangote is ranked by Forbes magazine as the 100th-richest person in the world and the richest in Africa, and peaked on the list as the 23rd-richest person in the world in 2014. He surpassed Saudi-Ethiopian billionaire Mohammed Hussein Al Amoudi in 2013 by over $2.6 billion to become the world’s richest person of African descent.

Business career

The Dangote Group was established as a small trading firm in 1977, the same year Dangote relocated to Lagos to expand the company. Today, it is a multi-trillion-naira conglomerate with many of its operations in Benin, Ghana, Nigeria, and Togo. Dangote has expanded to cover food processing, cement manufacturing, and freight. The Dangote Group also dominates the sugar market in Nigeria and is a major supplier to the country’s soft drink companies, breweries, and confectioners. The Dangote Group has moved from being a trading company to be the largest industrial group in Nigeria including Dangote Sugar Refinery, Dangote Cement, and Dangote Flour.

In July 2012, Dangote approached the Nigerian Ports Authorities to lease an abandoned piece of land at the Apapa Port, which was approved. He later built facilities for his flour company there. In the 1990s, he approached the Central Bank of Nigeria with the idea that it would be cheaper for the bank to allow his transport company to manage their fleet of staff buses, a proposal that was also approved.

In Nigeria today, Dangote Group with its dominance in the sugar market and refinery business is the main supplier (70 percent of the market) to the country’s soft drinks companies, breweries and confectioners. It is the largest refinery in Africa and the third largest in the world, producing 800,000 tonnes of sugar annually. Dangote Group owns salt factories and flour mills and is a major importer of rice, fish, pasta, cement, and fertiliser. The company exports cotton, cashew nuts, cocoa, sesame seeds, and ginger to several countries. It also has major investments in real estate, banking, transport, textiles, oil, and gas. The company employs more than 11,000 people and is the largest industrial conglomerate in West Africa.

Dangote has diversified into telecommunications and has started building 14,000 kilometres of fibre optic cables to supply the whole of Nigeria. As a result, Dangote was honoured in January 2009 as the leading provider of employment in the Nigerian construction industry.

He has said, “Let me tell you this and I want to really emphasise it … nothing is going to help Nigeria like Nigerians bringing back their money. If you give me $5 billion today, I will invest everything here in Nigeria. Let us put our heads together and work.”

Other activities

Dangote played a prominent role in the funding of Olusegun Obasanjo’s re-election bid in 2003, to which he gave over N200 million (US$1M). He contributed N50 million (US$0.25M) to the National Mosque under the aegis of “Friends of Obasanjo and Atiku”. He contributed N200 million to the Presidential Library. These highly controversial gifts to members of the ruling PDP party have generated significant concerns despite highly publicized anti-corruption drives during Obasanjo’s second term.

In May 2010, Britain’s Daily Mirror reported that Dangote was interested in buying a 16 per cent stake in Premiership side Arsenal belonging to Lady Nina Bracewell-Smith. Dangote later denied these rumours.

In November 2011, Dangote was awarded Nigeria’s second-highest honour, the Grand Commander of the Order of the Niger (GCON) by the former President, Goodluck Jonathan.

Dangote reportedly added $24.2 billion to his personal wealth in 2013, according to the Bloomberg Index, making him the thirtieth-richest person in the world at the time, in addition to being the richest person in Africa.

In 2014, the Nigerian government said Dangote had donated 150 million naira (US$750,000) to halt the spread of ebola.

In May 2015, Dangote expressed interest in purchasing the English football team Arsenal. He stated that if he was able to make the purchase he would fire the club’s long-standing manager Arsène Wenger.

Personal life

Dangote is married, with three children, and lives in Lagos, Nigeria.

He has been married four times, and his first three marriages ended in divorce. He has a total of 3 children from these marriages.

Source: https://en.m.wikipedia.org/wiki/Aliko_Dangote

ENTERTAINMENT

Enioluwa Replies X User Questioning The Use Of Same Actors In Nollywood

Published

3 days ago

November 12, 2024

Reporter

Enioluwa on why Nollywood uses the same actors | fab.ng

Nollywood actor and social media personality Enioluwa explained why the Nigerian film industry uses the ‘same faces’ in movies.

It all began on November 11, 2024, when an X user reacted to actress Jemima Osunde‘s post on X regarding the new YouTube film Fame and Fury.

The user said, “I’m sincerely tired of seeing the same faces in this damn industry.”

I’m sincerely tired of seeing the same faces in this damn industry https://t.co/L2rKSIGIz6

— salamalekun bitches (@95andbeyond) November 11, 2024

Osunde did not take her comment lightly. She retorted, saying, “We’re tired of seeing your face too in your office. Damn! I hope they sack you.”

Enioluwa then took to X to address the notion of Nollywood using familiar faces in films. He stressed that it happens because of finances.

He wrote,

“People often say they’re tired of seeing the same faces in Nigerian films. However, unlike in Hollywood, actors in Nigeria can’t afford to do just one film a year—how much are they paying? The industry currently can’t support as many newcomers as people might expect because, realistically, many of them wouldn’t be able to meet even their basic needs. No one wants to be famous and financially unstable.”

In response, another X user asked him for practical solutions, urging him to suggest actionable steps rather than just highlighting the problems. “You made a crucial point there but you didn’t suggest any solution,” he commented.

Enioluwa then explained,

We don’t have the buying power yet; it’s growing because streaming platforms have come in and people have made more records in the box office. Nevertheless, you can’t equate it to Hollywood, an Avengers that made over $2 billion that can pay its actors millions of dollars and still have enough profit.

People often say they’re tired of seeing the same faces in Nigerian films.

However, unlike in Hollywood, actors in Nigeria can’t afford to do just one film a year— how much are they paying.

The industry currently can’t support as many newcomers as people might expect because,…

— Eni Adeoluwa (@Enioluwa_) November 11, 2024

Check out more updates here.

ENTERTAINMENT

John Njamah Says Actors Should Be Cast Based On Talent Not Instagram Followers

Published

3 days ago

November 12, 2024

Reporter

John Njamah Says Actors Should Be Cast Based On Talent | fab.ng

Nollywood filmmaker John Njamah recently voiced his concern about the prevailing casting practices in the industry. He argued that casting decisions should prioritize an actor’s talent over their physical appearance or social media popularity.

In an exclusive interview, Njamah, a Nollywood veteran, gave insightful commentary on the current state and future trajectory of Nigerian cinema.

Known for his role as Rabiu in the popular TV soap opera “Fuji House of Commotion,” Njamah has also graced the screens of numerous television shows.

Interestingly, the shows he has featured in include “Tinsel,” “Living In Lagos,” “Solitaire,” “Casino,” “Emerald,” “Tide,” and “My Flatmates.”

During the interview, Njamah talked about his filmmaking journey. He emphasized his unwavering passion for the industry and his aspirations for its continued development.

“What is fuelling me is beyond passion. There’s that knack and need to grow with every month, whatever year. There’s that need to.do something different. This industry of ours is for you to do whatever you want to do and not join the bandwagon. So for me, it’s the originality in me and the need to do something right that is fuelling me Basically, it’s the ever-creative venture in me,” he said.

Njamah discussed how African stories are evolving. Furthermore, he emphasized that positive and negative changes have happened over the years.

“There’s a positive aspect and there’s a negative aspect. There’s a technical input. We’re telling our stories better technically. We’re telling better and bigger stories. The negative is that we are beginning to lose our originality. We are beginning to join the bandwagon to tell what is peculiar to other people and not to us. We are beginning to lose a bit of our identity cos there’s no longer us,” he said.

What’s more, Njamah spoke about casting in the industry. He pointed out differences between the industry during his time and the current climate, especially with casting.

“Fuji House was a one-camera shoot with hungry and passionate people. Now we have people who cast people who are beautiful and with Barbie bodies and followership and not necessarily for your talents. Some of us try to be that original because that’s where better stories are told. You want to tell stories with passionate people. Whether you like it or not, it’s a long shot but it’s possible. You want to give the actors that are worthy of the job and not the ones that are based on Instagram followers. We borrow from society and give back to society by way of entertainment and pedagogical values.”

Further, he criticized the lack of professional work ethic among filmmakers in Nollywood. He highlighted the absence of a robust system to evaluate the performance and accountability of producers within the industry.

“Professionalism is lacking. Respect for those in charge, humility and the like is lacking today. The industry lacks checks and balances. Every Tom, Dck and Harry can wake up and call themselves a producer and just get on board and be doing stuff without being checked and of course, the guild system is not working so they can’t check. There are no criteria for who should become a producer. The system is also not working. Let’s just be mindful as producers, directors and actors,” he added.

In conclusion, John Njamah acknowledged the unique character of Nollywood. Meanwhile, he proposed the creation of a domestic platform to market and distribute Nigerian films. Consequently, this would reduce reliance on foreign streaming services.

“That thing that they don’t like about us is what makes us, us. I am tired of people saying they don’t want to come into the country for coproduction cos we’re that and that and why are we relying on the likes of the streamers? Why can’t we do something that is for us by us so that they will come to us and ask for these things? We are solely depending on them to licence our movies, for survival. Speaking of coproduction, if you tell me you don’t want to come into the country for any reason, I’ll tell you you’re wrong, cos there are amazing producers here that you’ve seen their work. All you need to do is come to them and agree on modalities.”

Watch the interview with John Njamah below.

Check out more updates here.

ENTERTAINMENT

Mercy Aigbe Reveals Why She Married Kazim Adeoti As A Second Wife

Published

4 days ago

November 11, 2024

Reporter

Mercy Aigbe on why she married Kazim Adeoti as 2nd wife | fab.ng

Nollywood actress Mercy Aigbe-Adeoti revealed one of the reasons she chose to marry Kazim Adeoti as his second wife.

During her appearance on “Nollywood on Radio”, Mercy Aigbe explained that her husband’s deep experience and dedication to Nollywood significantly influenced her decision.

Emphasizing that their marriage goes beyond a personal connection, she mentioned it also aligns with their shared professional ambitions.

She said of their shared ambitions, “That’s one of the reasons why I married him.”

She added, “Together we’re building an empire; we’re building a production empire and I felt like I needed someone like that. It’s a good thing that he’s in the industry so with his strength and my strength combined, the future of the empire is looking good already.”

Social media users slammed the actress after her revelation. Many criticized her decision. They pointedly reminded her about Kazim Adeoti’s first wife, who, according to reports, did not give her consent to their marriage.

A comment read, “Elesin! Empire wey he don already build with his first wife.”

“Mercy, you know that you betrayed this woman. If you and the first wife didn’t know each other, it is a different thing since she is a Muslim, but you are someone who can not be trusted,” another person said.

Mercy’s marriage to Kazim Adeoti sparked controversy from the very beginning. Reports claimed that she allegedly came between the filmmaker and his first wife, Funso.

However, Kazim clarified that he and Mercy had been friends and business partners for over ten years. This was before they began dating.

On the other hand, Mercy’s ex-husband, Lanre Gentry, accused her of being friends with Funso throughout that period. Eventually, she married Adeoti in 2022.

In April 2023, the actress surprised her fans on social media. She announced her conversion to Islam just before the start of Ramadan, introducing herself as Hajia Meenah Mercy Adeoti.

Get more updates here.