‎‎NAF RECEIVES FIVE NEW HELICOPTERS AS FG ACCELERATES AIRPOWER MODERNISATION. (PHOTO).

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 ‎‎NAF RECEIVES FIVE NEW HELICOPTERS AS FG ACCELERATES AIRPOWER MODERNISATION ‎ The Nigerian Air Force (NAF) has taken delivery of five new helicopters as the Federal Government accelerates efforts to modernize Nigeria’s airpower capabilities and strengthen the Armed Forces’ capacity to respond effectively to contemporary security challenges.  ‎ ‎A statement by the Director of Public Relations and Information Air Commodore Ehimen Ejodame indicates that the platforms comprise three AW-109 Trekker B helicopters  and two H-125 helicopters. ‎ The three AW-109s, which form part of 10 recently acquired by the Federal Government, were received in Lagos on 15 September 2026, with the remaining seven expected to be delivered before the end of 2026. ‎ ‎The Chief of the Air Staff, Air Marshal Sunday Aneke, described the acquisition as another significant milestone in the Federal Government’s sustained investment in the modernization and re-equipment of the NAF noting that the new pl...
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DANGOTE THANKS TINUBU FOR FUEL SUBSIDY REMOVAL, FX REFORMS. (PHOTO).

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 Dangote thanks Tinubu for fuel subsidy removal, FX reforms


The President of Dangote Industries Limited, Aliko Dangote, has thanked President Bola Tinubu for taking what he described as bold steps, including the removal of the fuel subsidy and the liberalisation of the foreign exchange market.


Dangote spoke on Monday at the Nigerian Exchange in Lagos, where he formally launched the Initial Public Offering of Dangote Petroleum Refinery and Petrochemicals.


The businessman also commended Tinubu’s leadership and said the Dangote Refinery was supporting the administration’s efforts.


“I want to thank him for taking a lot of bold steps by removing the subsidy and democratising the exchange rate…” Dangote said.


He said the Dangote Group would continue to partner with the government to contribute to Nigeria’s development.


“So, we thank you very much for your leadership and we will continue to partner with the government to ensure that we make this country great and we make Africa great,” he said.


Dangote, a former president of the Nigerian Exchange, also expressed surprise at the transformation of the bourse, saying he had not expected it to reach its current level.


“I was the president of this exchange. Even when I was inviting people to come and help me turn the exchange around to make it a world-class exchange, I never thought this exchange would be at this level in 2026,” he said.


He added that a larger ceremony would be held with Tinubu in attendance.


The refinery’s IPO, which opened on Monday, offers 4.1 billion new ordinary shares at N525 per share, with a minimum subscription of 10 shares valued at N5,250.


The offer is scheduled to close on 13 October 2026, subject to the terms of the prospectus.

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