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Nigeria Should Be Generating 60,000MW of Electricity – Aliko Dangote

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Africa’s richest man and President of the Dangote Group, Alhaji Aliko Dangote, has criticized Nigeria’s low electricity output, insisting the country should be generating at least 60,000 megawatts of power.

Speaking during a tour of the Dangote Refinery in Lagos, Dangote highlighted the country’s untapped potential in the energy sector. He pointed out that the Dangote Group alone currently generates over 1,500MW of electricity for its internal operations — a figure that, he says, puts the national power supply of just 4,500–5,000MW into stark perspective.

“If we, as a single company, are generating over 1,500 megawatts for our own use, Nigeria shouldn’t be producing just three times that amount. We should be aiming for 50,000 to 60,000 megawatts,” Dangote said.

He called the refinery project a testament to what’s possible in Nigeria and stressed that such industrial feats could be replicated in the power sector.

“What we’ve done here shows there’s nothing impossible. If we can build this, we can certainly scale up Nigeria’s power generation,” he added.

Dangote argued that increasing Nigeria’s electricity output to 30,000MW or more is a less complex task than building a refinery, and emphasized that power development is not solely the government’s responsibility.

“Raising generation to 25,000 or 30,000 megawatts — with proper transmission and distribution — is achievable. But it requires strong private sector involvement,” he said.

The business tycoon urged wealthy Nigerians and private investors to stop moving capital abroad and instead invest in Nigeria’s development. He stressed that capital flight was stunting growth and undermining national progress.

“We keep asking the government to exit the sector — and they’ve done that through privatisation. Now it’s our turn to invest. We know the country, we know the leadership. Let’s put our money here.”

Dangote also condemned corruption and the habit of hiding stolen wealth overseas, warning that such practices have no value to the culprits or the country.

“There’s corruption everywhere, but other countries still grow because their wealth stays within. When people steal and stash funds abroad, it benefits no one — not even their families,” he said.

Looking ahead, Dangote revealed plans to make Nigeria a global leader in fertiliser production. He aims to scale up production to 12 million tonnes within the next 40 months, making his company the largest fertiliser producer in the world.

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Accord Party Welcomes Adeleke for 2026 Governorship Bid

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The Accord Party in Osun State has indicated that Governor Ademola Adeleke would be granted a waiver if he decides to contest the 2026 governorship election under its platform.

Victor Akande, Chairman of Accord Party in Osun, told The PUNCH on Sunday that Adeleke or his aides have not formally approached the party, describing speculation about a potential defection as “mere rumours.”

Accord Party has emerged as a possible platform for Adeleke’s re-election amid internal tensions in his current party, the People’s Democratic Party (PDP).

Akande said the party already has two aspirants for its ticket in the August 8, 2026 election but would welcome Adeleke if he chooses to join.

“The issue of Governor Adeleke is still a rumour. I have not met with anyone from the government about this. Accord Party is not the only option being speculated for his defection, but if he comes, we will receive him wholeheartedly,” Akande stated.

He added, “Our doors are always open. People are free to join or leave at any time. If Adeleke comes, he will receive a waiver to contest just like any other aspirant. Currently, two individuals have shown interest in running under our platform, though they have not made financial commitments yet.”

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Goodluck Jonathan Reportedly Stranded in Guinea-Bissau After Sudden Military Takeover

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Former Nigerian President Goodluck Jonathan is reportedly stranded in Guinea-Bissau following the military’s announcement of a takeover on Tuesday.

Jonathan, who travelled to the country as part of an international election observation mission, was expected to oversee the release of official results before the unexpected shift in power disrupted all movement. Sources say he and other foreign observers are currently unable to leave as security restrictions tighten across the capital.

The situation has sparked concern among regional stakeholders, with diplomatic channels said to be monitoring developments closely. So far, neither Jonathan nor Nigerian authorities have issued an official statement on his safety or plans to return.

The unfolding political tension in Guinea-Bissau continues to draw global attention, especially as the fate of the election results remains unclear.

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Rep. Ahmed Idris Wase Raises Alarm Over Alleged Boko Haram Names on Army Recruitment List

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A fresh wave of national concern has been triggered after former Deputy Speaker of the House of Representatives, Ahmed Idris Wase, alleged that names of individuals suspected to be linked to Boko Haram were once discovered on a Nigerian Army recruitment list.

Wase made the revelation on Wednesday while addressing colleagues and security stakeholders. According to him, the discovery points to a deeper and more dangerous level of infiltration that could compromise Nigeria’s ongoing fight against terrorism. He warned that if such cases go unchecked, they could weaken the country’s security architecture from within.

The lawmaker stressed the need for urgent and comprehensive reforms in recruitment procedures across all security agencies. He called for:

Enhanced vetting and background checks

Stricter biometric verification

A complete review of recruitment protocols

Cross-agency intelligence sharing

Wase argued that preventing infiltration at the point of entry is just as critical as frontline military operations, emphasizing that national security begins with ensuring the right people are admitted into the armed forces.

His claims have since generated widespread reaction from citizens, security experts, and civil society organisations. Many Nigerians are calling on the federal government to conduct a detailed investigation into the alleged incident, insisting that transparency is essential to restoring public trust in the nation’s defence system.

As of press time, the Nigerian Army has not issued a formal statement responding to Wase’s claims, leaving the public eager for clarification on a matter that touches directly on national safety.

Lagos Lately will continue to monitor developments and provide updates as the story unfolds.

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