₦airaland Forum

The President/Chief Executive, Dangote Industries Limited, Aliko Dangote, saw its total net worth drop by $2.5bn in the last 30 days, according to Bloomberg Billionaires Index.

The index, which is a ranking of the world’s 500 richest people, showed that his wealth fell from $15.9bn as of February 25, 2020, to $13.4bn on March 26. It had risen to a high of $16.5bn on January 27.

He was the only Nigerian on the list of 500 billionaires and retained his position as Africa’s richest person.

“Africa’s richest person controls Dangote Industries, a closely held conglomerate. The Lagos, Nigeria-based company owns sub-Saharan Africa’s biggest cement producer, Dangote Cement, which had revenue of N901.2bn ($2.5bn) in 2018. It also has interests in sugar, salt, flour, fertiliser and packaged food,” Bloomberg said.

The share price of Dangote Cement Plc, the biggest listed company on the Nigerian Stock Exchange, fell by 23.71 per cent to N129.70 on Thursday from N170 on February 25, 2020.

Dangote became $4.3bn richer in 2019, ending the decade with a net worth of almost $15bn, making him the 96th wealthiest man in the world, according to the index.

The founder and Chief Executive Officer of Amazon, Jeff Bezos, remains the richest person in the world with a total net worth of $116bn, followed by Bill Gates ($96.4bn), Bernard Arnault ($77bn), Warren Buffett ($71.2bn) and Mark Zuckerberg ($60bn).

According to Bloomberg, net worth figures are updated every business day at the close of every trading day in New York, with assets categorised as publicly traded companies, private assets (including closely held businesses, art and real estate), cash and other liquid investments and liabilities.

“Stakes in publicly traded companies are valued using the share’s most recent closing price. Valuations are converted to US dollars at current exchange rates,” it sai.

The management of the Murtala Muhammed International Airport, Lagos, through its Twitter handle @LOSairport, had on Thursday afternoon tweeted that there would be a special repatriation flight and that the aircraft would come in from Cotonou, Benin Republic, for the operation.

A letter of approval from the ministry dated March 26 and obtained by The PUNCH, showed that there would be similar flights on April 2 and April 9, 2020.

The ministry however ordered the airline to operate strictly based on the protocol guiding such operations under COVID-19.

It was gathered that the pilot and crew were not allowed to disembark and that after facilitation, the nationals were escorted to the aircraft to board.

In an emailed response to our correspondent’s enquiries, Air France said, “Due to COVID-19, Air France is doing all it can to ensure French and European nationals currently abroad can return home.

“Air France teams all over the world are fully mobilised and are doing all they can to assist French and European nationals at this difficult time. Air France is working together with the French and international authorities to adapt its flight schedule in real time in line with the evolving situation and the new restrictions imposed on airlines.”

The General Manager, Public Relations of the Nigerian Civil Aviation Authority, Sam Adurogboye, said the flight was captured under essential operations which could only be approved by the minister.

He said, “They obtained special clearance for the flight. During this period, every flight that comes will be under special clearance.

“We are in a period of emergency and in section 36 of Nigerian Civil Aviation Act, the minister has power to approve or clear flights in emergency. the NCAA will then process the clearance after the approval.”


The NCAA had last week issued a circular that all international airports should remain closed to international flights till further notice.

Exemptions were however made for humanitarian, medical relief, cargo, technical and safety flight operations.

Davash222:
Mine was Banana boxers N350

Courtesy; My Nigerian ex girlfriend.

araoye22:
in all honesty A3PRO is a cool phone, I use lawnchair app, attached are pictures I took with the phone. The battery is fairly okay and the overall performance is okay with it's price range. Better than it's transion mates�

Resivim:
Evening house, my dictionary audio pronunciation for UMIDIGI A3 PRO doesn't work...... how can I correct that?

nwafresh:
It's normal. Thanksgiving was last week and there'll be little or no calls until when the companies resume fully.

izzou:
Very educative thread. I learnt three life lessons from it

1) Imade has an international passport

2)Former assistant is the same thing as house help

3)Her mum and auntie did all the talking

This thread has inspired me to become greater in life. I'm happy I read it

akosh005:
Pm sent

akosh005:
Oh tanks for the help. Not too specific about a particular location, what i needs are nice clean and secure environment

akosh005:
Hi, do you still have a room self contain in ilorin

AstroG:
Wanted to give out my Viva cinema Voucher for couples(3days exclusive),but ah remembered what transpired btw I and some ungrateful Nlers. Aff decided to cancel it

kestolove95:
No go born..

paparazzi1987:
lol.! remembered when a lecturer from EKSU was asking my wife for sex over a carried-over 2 unit course. I went to the man and begged him with 5K , which he accepted.

Few weeks later after everything has been resolved with my hard-earned five thousand naira. I organised a very prestigious beating for this man. He was beaten to stupor at a bear joint. Myself and my wife visited him in the Hospital with Milo and 6 three crown milk.

Right now am so sure he will be wondering what could warrant such a wonderful and melodious beating. Even my wife was not aware as at that time.

NewDelhi:
Hmm.. igando...

You have similar experience at ikotun.?

NLSavage:
Ah
I remember Fatima the neighborhood beauty. As in this girl uses guys to play. she was initially forming hard to get for me when I approached but when she saw I stopped giving her attention, she started calling, she agreed on dating me only if we would keep the relationship a secret because of her "religion" after like 1 week of chatting and naughty talks we decided to meet I now arranged for us to meet in my friend's place outside the area.
The hijab she wore was the only thing covering her unclothedness.
she removed it and work commenced.
Hausa babes sweet guy esp their moa.n

NewDelhi:
Another nasty experience wasn't me but my friend in secondary school too. He was caught by his dad. The man severely beat him he was rushed to the hospital. 3 days later he died. The father definitely still regrets his actions till date. So painful.