Business
Olawale-Cole, Abati, others to speak at Rotary District 9112 Conference in Abeokuta
Rotary District 9112 holds its first press conference ahead of its pioneer District Conference, set to begin in Abeokuta with impactful projects and international representation
Former Lagos Commissioner, Asiwaju Dr. Michael Olawale-Cole; media personality, Dr. Reuben Abati; and agri-tech advocate, Farmer Samson Ogbole, are among the high-profile speakers lined up for the inaugural District Conference (DISCON) of Rotary International District 9112, scheduled to hold from 22 to 25 May 2025 in Abeokuta, Ogun State.
Also read: Rotary Club provides sanitation relief to Iju Ogundimu market with new toilet facility
Themed “Increasing the Impact of Rotary Through a New World of Service”, the event marks a historic milestone for D9112, a newly created district that emerged from the reorganisation of District 9110 in July 2024.
At a press conference held on Wednesday, Rtn. Ehi Braimah, Chairman of the Public Image Committee, presented key district leaders including District Governor, Rtn. Femi Adenekan; District Governor-Elect, Rtn. Lanre Adedoyin; and DISCON 2025 Chairman, PAG Tony Eigbokhan.
DG Adenekan stated that the four-day conference had been meticulously planned over the past 13 months and would bring together Rotarians from across the district to “reflect, review, and project.”
“This is a historic gathering… an opportunity to showcase our collective service impact,” said Adenekan.
He revealed that Rotary International President, Rtn. Stephanie Urchick, will be represented at the event, which kicks off tomorrow with inspections of a vocational centre, a prostate cancer centre in Sagamu, and a courtesy visit to a royal palace.
DG Adenekan also outlined some key achievements under his tenure, including the reintegration of 200 pupils into school, the planting of coconut trees to protect the Lagos shoreline, and other impactful community initiatives.
Looking ahead, he expressed confidence in DGE Lanre Adedoyin, describing him as “tailor-made and well prepared with over 30 years of Rotary experience.”
DGE Adedoyin reaffirmed his readiness to lead and called on the media to continue supporting Rotary’s mission.
PAG Eigbokhan described the planning journey as “enlightening” and assured stakeholders of a vibrant and engaging conference in Abeokuta.
Also read: Rotary District 9112 awards scholarships to indigent undergraduates in Lagos
The press briefing set the tone for what is expected to be a landmark event in the history of Rotary in Nigeria, with the eyes of the global Rotary community on District 9112’s maiden conference.
Tinubu Niger Delta summit opens in Port Harcourt as investors and policymakers gather to drive investment, innovation and industrial growth
Dangote Petroleum Refinery has set its initial public offering price at ₦525 per share, with the company seeking to raise about ₦2.15 trillion as it prepares to enter Nigeria’s public equities market.
The Securities and Exchange Commission has approved the offer for 4.1 billion ordinary shares at ₦525 each. If fully subscribed, the offer would generate approximately ₦2.15 trillion, equivalent to about $1.6 billion at current exchange rates.
The offering is expected to open on 14 September 2026, according to Aliko Dangote, the president of Dangote Industries. The planned sale is positioned to become one of the largest equity offerings in Africa.
The IPO marks a significant step in Dangote Group’s plans to broaden ownership of the refinery and raise additional capital for expansion.
The refinery currently has a stated processing capacity of 650,000 barrels of crude oil per day. Dangote has said the company plans to increase that capacity to 1.4 million barrels per day as part of its longer-term expansion strategy.
The planned share sale follows a $1 billion underwriting programme completed in August, providing additional financial backing ahead of the public offering.
The refinery, located in the Lekki area of Lagos State, is one of Africa’s largest industrial projects and has become an increasingly important player in Nigeria’s fuel supply market since beginning operations.
The public offering will give Nigerian investors an opportunity to acquire shares in the refinery directly, while providing Dangote Petroleum Refinery with fresh capital to support its next phase of growth.
The company has also indicated ambitions to expand beyond its current Nigerian operations, with Dangote recently announcing plans for another refinery project in Kenya.
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