6— SATURDAY
Vanguard, NOVEMBER 3 , 2012
Dangote, 62nd richest man in the world — Bloomberg •Richer than Zuckerberg, Murdoch, Armani BY WILLIAM JIMOH & KAYODE AMOLEGBE
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The 6th Indomie Super Millionaire promo and presentation of cheque to winner of last week draw was held yesterday, at Dufil Prima Foods Ltd, Surulere, Lagos. Pix: From left: Mr. Tope Asiwaju, PR and Event Manager of Dufil Prima Foods Ltd, Mr. Okechi Nkemdirim, winner of the promo, Mr. Mideno Bayagbon, Vanguard Newspaper Editor, special guest and Mr. Manfreet Siwah, Head of Marketing of Dufil Prima Foods Ltd, During the Promo. Photo: Joe Akintola, Photo Editor
HE President and Chief Executive Officer of Dangote Group of Companies, Mr. Aliko Dangote has been rated the 62nd richest man in the world with a net worth of $13.5 billion. According to a report by Bloomberg tagged, ‘The World’s 200 Richest People,’ Dangote is said to be richer than Mark Zuckerberg, founder of Facebook, Rupert Murdoch, CEO and founder of News Corporation, Giorgio Armani, founder of
C’ttee recommends unbundling of NNPC, deregulation BY BEN AGANDE, Abuja
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HE Special Task Force on governance and control of the petroleum sector yesterday recommended that the Nigeria National Petroleum Corporation (NNPC) should be broken into several companies in order to ensure greater efficiency and transparency. In its stead, the committee which presented its report to President Goodluck Jonathan recommended the National Petroleum Inspectorate (NPI) to serve as the sole industry regulator, Petroleum Asset Management Company (PAMCO) to manage the country’s interests in hydrocarbon exploration and the National Oil Company (NOC) which will function like the NNPC but with 49 percent private stakes . The committee also rec-
ommended that the Nigeria Content and Capacity Development Agency and the National Frontier Exploration Unit be formed to promote the country’s active participation in its petroleum sector. Chairman of the task force, Dotun Suleiman who submitted the report emphasised that in order to ensure effective management of the oil sector, government must establish the firms which he said should be run as private sector concerns. The committee also recommended that the minister of petroleum should not be on the board of any of the companies other than the NOC which takes charge of the technical aspect of the industry. In another report presented by Special Task Force on refineries, the committee recommended the immediate construction of three additional refineries to be sited in Lagos, Bayel-
sa and Kogi states in order to boost fuel supply. Alternate chairman of the panel, Yusuf Ali who presented the report on behalf of the Chairman, Kalu Idika Kalu said “we have developed a plan for self sufficiency in petroleum products in Nigeria within the shortest possible time. Existing refineries should be privatised within eighteen months. We need full deregulation of prices but before then, there should be palliatives.” He said government must also encourage energy conservation by patronising CMG vehicles. The committee also recommended the deregulation of
the Petroleum sector while recommending that palliative measures be put in place to cushion the effect on the people. In his remarks, President Goodluck Jonathan regreted that the country has continued the importation of petroleum products several years after it started oil production. ” We discovered crude oil in 1956 and we have been exporting since 1958 but we are still importing finished products. We must give ourselves time frame to end importation, we wanted to do it but we were waiting for this report”.
Armani designs who were stated as having net worths of $10.7 billion, $10.4 billion and $7.8 billion respectively. In the report, Mexico’s Carlos Slim, Chairman, America Movil SAB Emeritus, emerged the richest, with a net worth of $77.5 billion, followed by the founder of Microsoft Company Bill Gates who has a net worth of $64.4 billion, while the chairman of Inditex SA, Amancio Ortega, with a net worth of $53.6 billion made the third position. Others on the top ten list include: Warren Buffett with a net worth of $48.4 billion; Ingvar Kamprad $41.8 billion; Charles Koch, $38.6 billion; David Koch, $38.6 billion; Larry Ellison, $37.2 billion; Christy Walton, $30.5 billion, and Jim Walton with a net worth of $29.3 billion. However the founder of Facebook Zuckerberg, is ranked 88th on the list, while the owner of Chelsea Football Club, Roman Abramovich, is ranked 51 with a Net worth of $14.7 billion and Sunil Mittal the owner of Bharti Airtel with a net worth of $6.2 billion is
NAF promotes 129 officers, day in Abuja announced 14 AVMs BY KINGSLEY OMONOBI, Abuja
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HE Nigerian Air Force, NAF, yester-
ACN, ACF decry nationwide scarcity of petrol BY EMEKA MAMAH
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HE Action Congress of Nigeria, ACN, and the Arewa Consultative Forum, ACF, have decried the nation-wide scaricity of petrol and asked the Federal Government to remove the obstacles standing on the path of making petroleum products available to Ni-
gerians. The opposition ACN lashed out at the People’s Democratic Party, PDP led Federal Government for allegedly raising the price of petrol through the back door, saying that by creating artificial scarcity of the product, Nigerians were being forced to pay more than the official price. National Publicity Sec-
ranked 182nd on the list. On the bottom list are: Walter Faria with a Net worth of $6.1 billion; Leonid Fedun, with a net worth of $6.0 billion; Terry Gou with a net worth of $6.0 billion; Richard LeFrak with a net worth of$6.0 billion; Miuccia Prada Bianchi with a net worth of $6.0 billion; Ivan Glasenberg with a net worth of $6.0 billion; Silvio Berlusconi with a net worth of $6.0 billion; Jeffery Hildebrand with a net worth of $6.0 billion; Shiv Nadar with a net worth of $5.9 billion; Steve Schwarzman with a net worth of $5.8 billion and John Sall with a net worth of $5.8 billion. Alhaji Dangote, MFR, GCON, born 10th April 1957 in Kano, Nigeria, is a self-made business magnate of the Dangote Group, with an estimated net worth of $13.5 billion. Born into a wealthy Hausa-Muslim family, his mother Mariya Sanusi Dantata was the granddaughter of legendary Hausa businessman Alhassan Dantata, and his father Mohammed Dangote was Dantata’s business associate.
retary of the ACN, Alhaji Lai Mohammed made the accustion in a statement in Lagos yesterday. Also, the ACF decried ‘’the severe shortage of petroleum products across the northern states with the dire consequencies on economic activities’’ and urged the government to resolve the problem in favour of Nigerians, in a statement signed by its National Publicity Secretary, Mr Anthony Sani, shortly after the a meeting of the forum’s Rapid Response Committee in Kaduna yesterday. However, according to the ACN, the PDP resorted to raising the price of the commodity through the back door following the rejection of its ‘’anti-people policy of raising the price of petrol earlier this year.’’
the promotion of 129 senior officers, including 14 Air Vice Marshals, 32 Air Commodores, 37 Group Captains and 46 Wing Commanders. NAF’s Director of Public Relations and Information, Air Commodore Yusuf Anas, said in a statement in Abuja that those promoted to Air Vice Marshals are Mike Iloenyosi, Frank Nyoyoko, Tee Danbaki, Salihu Bal-Ribah, Andy Tsakr, Tony Omenyi, Bashiru Saidu, Peter Abel and Muktar Magaji. Others include Olutayo Oguntoyinbo, Abiodun Idowu, Haruna Mohammed, Adebowale Odunlade and Unaji Oche. The newly promoted Air Commodores are T.E Opuiyo, B. Garba, E.O Ohanele, P.N Dimfwina, O.R Philps, E.O Alade, O.J Osahor, M.A Idris, N.O Oyibo, R.E Adedeji, H.U Mohammed, C.A Ogbeche, C.I Oghomwen, S.S Okwuokei, S.G Jeff-Zanni and CT Dii.