PRES. TRUMP AWARDED INAUGURAL FIFA PEACE PRIZE AT WORLD CUP DRAW IN WASHINGTON . (PHOTOS).

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 President Trump awarded inaugural FIFA Peace Prize at World Cup draw in Washington  Gianni Infantino, the FIFA President presented the honour onstage at the Kennedy Center for the Performing Arts on Friday, saying Trump had been selected “in recognition of his exceptional and extraordinary actions to promote peace and unity around the world”. “This is your prize, this is your peace prize,” Infantino said, after Trump took the stage to accept the trophy, a medal and certificate. “There is also a beautiful medal for you that you can wear everywhere you want to go.”   FIFA says the prize is for “individuals who help unite people in peace through unwavering commitment and special actions”.  Accepting the award, Trump called it “one of the great honours of my life”, before claiming to have “saved millions and millions of lives – the Congo is an example, over 10 million people killed and it was heading for another 10 million very quickly. India and Pakistan, so many diffe...
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WHY NO NEW REFINERY IN OTHER AFRICAN COUNTRIES IN 35 YEARS- ALIKO DANGOTE. (PHOTO).

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 Why no new refinery in other African countries in 35 years – Aliko Dangote


Aliko Dangote, the owner of the $20 billion Dangote Refinery, has blamed beneficiaries of fuel importation in other African countries for the absence of new refineries in the continent in the past 35 years.

Dangote disclosed this statement during a recent conversation with CNN’s reporter, Eleni Giokos, at his refinery in Lagos, Nigeria.

According to Dangote, other reasons for the absence of new refineries in Africa include a lack of loan facilities for investors, attributed to weak financial institutions among others.

“There are other countries in Africa who have been trying to build refineries but have been unable to. There has not been a new refinery in Africa in the last 35 years.

“There are so many issues regarding this such as money, political will, and also people who are benefitting from this whole system of importing petroleum products into Africa are discouraging their governments from building a refinery.

“Also, they won’t get loans anyway because they don’t have very strong banks. The international banks will not support anything like this,” Dangote said.

In April 2024, Dangote Refinery commenced the supply of diesel and aviation jet fuel to the Nigerian market months after it was commissioned last year.

The development comes as the Secretary-General of the African Petroleum Producers Organisation (APPO), Omar Farouk Ibrahim said 75 percent of crude oil produced in Africa is exported to other countries.

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