Aliko Dangote Under Fire for Allegedly Mismanaging CTIN As NANS Writes Tinubu, threaten Legal Action

The New Diplomat
Writer

Ad

Tesla sales tumble 40% in Europe as BYD surges past rival

By Obinna Uballa Tesla’s grip on the European electric vehicle market continued to loosen in July, with sales plunging 40% year-on-year even as Chinese challenger BYD posted explosive growth, according to data from the European Automobile Manufacturers Association (ACEA) on Thursday. New car registrations of Tesla vehicles totaled 8,837 in July, down 40% year-on-year, according…

Tinubu Returns to Abuja, Says Foreign Engagements ‘ll Enhance Nigeria’s Economic Growth

By Abiola Olawale President Bola Ahmed Tinubu returned to Abuja on Thursday, August 28, 2025, following a state visit to Brazil and an earlier visit to Japan. Shortly after his return, Tinubu stated that his international engagements are focused on fostering economic growth, job creation, and long-term prosperity for Nigerians. In a statement shared on…

Access HoldCo Names Innocent Ike CEO as Aig-Imoukhuede tightens grip after Wigwe’s death

By Obinna Uballa Access Holdings Plc has confirmed the appointment of Mr. Innocent Ike as its substantive Group Managing Director and Chief Executive Officer (GMD/CEO), effective August 29, 2025, following approval from the Central Bank of Nigeria (CBN). The announcement comes less than 24 hours after Roosevelt Ogbonna, the Managing Director of Access Bank, resigned…

Ad

By Isaac Akerele

The National Association of Nigerian Students (NANS) has berated billionaire businessman, Mr. Aliko Dangote in an open letter to President Bola Tinubu for the alleged mismanagement of the Cement Technology Institute of Nigeria (CTIN) led by Dangote.

The NANS leadership, in the letter, alleged misuse and misappropriation of strategic funds intended to provide training and development opportunities for Nigerian youth in the cement industry according to the establishment goals of CTIN. The Association seeks accountability for the use of the funds

The Association demands that President Tinubu Issue a directive to the Federal Ministry of Industry, Trade and Investment to publicly account for the usage of over 20 billion Naira contributed over 10 years ago as levies on imported cement to the CTIN for technical training purposes

While also demanding for a restructured leadership of the CTIN, the group stressed that Aliko Dangote’s leadership in perpetuity is undemocratic and has contributed to the alleged mismanagement. The group also demands explanations from Dangote on the use of funds since he has led the institute since its inception.

The NANS has further requested that President Tinubu immediately engage an external independent forensic auditor to audit the CTIN funds, stating that it would not rest till every penny is accounted for. The association also sets a seven-day ultimatum for Aliko Dangote to respond to the allegations leveled against him

Ad

X whatsapp