Niger Republic has partnered with the Emirati company Suvarna Royal Gold Trading LLC to establish its first gold refinery and gemstone processing units. 🇳🇪

This venture will include a gold refinery, jewelry manufacturing, and a gemstone cutting and polishing center in Niger.

#africanfolder

Key Achievements Under Burkina Faso’s President Ibrahim Traoré:

1. Declared local languages as official, replacing French.

2. Boosted national GDP from $18.8 billion to $22.1 billion.

3. Cleared all domestic debts owed by the country.

4. Rejected financial aid and loans from the IMF and World Bank.

5. Prohibited French military operations and expelled French troops from Burkinabe soil.

6. Shut down French media outlets operating within the country.

7. Renamed streets previously bearing names of French colonial figures.

8. Slashed ministerial and parliamentary salaries by 30%.

9. Raised civil servants' salaries by 50%.

10. Distributed over 400 tractors, 239 tillers, 714 motorcycles, and various tools to support farmers.

11. Supplied improved seeds and agricultural inputs to boost farm productivity.

12. Increased rice production from 280,000 metric tonnes (2022) to 326,000 metric tonnes (2024).

13. Grew tomato output from 315,000 metric tonnes (2022) to 360,000 metric tonnes (2024).

14. Constructed a second national cotton processing plant—previously, only one existed.

15. Launched the first-ever National Support Center for Artisanal Cotton Processing to assist local growers.

16. Established Burkina Faso’s first two tomato processing factories.

17. Opened a cutting-edge gold mine in 2023 and ended the export of unrefined gold to Europe.

18. Abolished the use of colonial-style British wigs and gowns in courts, replacing them with traditional Burkinabe dress.

19. Prioritized cultural identity by phasing out colonial influences and embracing local customs and attire.

#africanfolder #burkinafaso #ibrahimtraore #africadevelopment #africa

BREAKING: Shakeup in NNPC, Mele Kyari’s henchmen shown the way out

In a significant restructuring of its management, the Nigerian National Petroleum Company (NNPC) Ltd has terminated the services of a number of senior staff members. This is according to a report by TheCable this Tuesday evening, April 29, 2025.

The portal said that among those departing immediately are Bala Wunti, former chief of National Petroleum Investment Management Services (NAPIMS), and Ibrahim Onoja, managing director of the Kaduna Refinery.

“Also asked to leave was Lawal Sade, the chief compliance officer and former managing director of NNPC Trading.

“They are believed to be very close to Mele Kyari, who was removed as group chief executive officer (GCEO) on April 2, 2025,” TheCable said. It reported that “over 200 employees have been impacted, marking the beginning of what may be a series of staff changes.”

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Filling stations adjust pump price as Dangote increases ex-depot petrol price

Filling stations across the Lagos metropolis Saturday morning responded to the hike in the ex- depot price of Premium Motor Spirit(PMS), otherwise called petrol by Dangote Refinery late Friday.

The Dangote Refinery on Friday adjusted it’s ex- depot petrol price from N825 per litre to N880, representing an increase of N55 per litre.

In a swift reaction to the increase, members of the Major Energy Marketers Association of Nigeria(MEMAN), Independent Marketers Association of Nigeria(IPMAN), NNPC Retail outlets and Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) have all responded by adjusting their meters.

Prior to the hike, NNPC retail outlets were selling at N870 per litre but by Saturday morning, prices have been adjusted to N910 per litre.

The same trend was equally followed by other marketers,including Dangote partners, which included MRS, Ardova, Heyden.

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