News
Dangote More Powerful Than President Jonathan in Forbes Ranking
Aliko Dangote, founder, Dangote group and the richest man in Africa has been named by Forbes magazine as the 64th most powerful person in the world.
The 56-year old Kano born multibillionaire is the only African on the first 70 meaning he is more powerful than all African heads of state, including Nigeria’s President Goodluck Jonathan.
Dangote with interests in every profitable pie built his fortunes from diversified interests in cement, sugar, flour, salt, petrochemicals, oil and gas.
He along with Larry Ellison, founder of Oracle rated number 58 is the latest billionaire-entrepreneurs to join the list alongside 27 CEOs.
But who is the most powerful? Okay wait!: it is Vladimir Putin , Russian President who climbed one spot ahead of U.S. President Barack Obama, who held the title in 2012.
The Most Powerful People in the World list is an annual snapshot of the heads of state, financiers, philanthropists and entrepreneurs who truly rule the world.
It represents the collective wisdom of top FORBES editors, who consider hundreds of nominees before ranking the planet’s top 72 power-brokers – one for every 100 million people on Earth — based on their scope of influence and their financial resources relative to their peers. (See full methodology here).
This year’s list features 17 heads of state who run nations with a combined GDP of some $48 trillion — including the three most powerful people, Putin, Obama and Xi Jinping, the general secretary of the Communist Party of China. The 27 CEOs and chairs control over $3 trillion in annual revenues, and 12 are entrepreneurs, including new billionaires on the list, Nigeria’s Aliko Dangote (No. 64), founder of Dangote Group, and Oracle’s Larry Ellison (No. 58). Speaking of, this year’s class has 28 billionaires valued in excess of $564 billion.
Here, a quick peek at the Most Powerful People in the World 2013:
Newcomers: Among the 13 newcomers are Pope Francis (No. 4), Samsung Chairman Lee Kun-Hee (No. 41), Volkswagen’s Martin Winterkorn (No. 49), South Korean President Park Geun-hye (No. 52), IBM CEO Virginia Rometty (No. 56), and Janet Yellen (No. 72), nominated by President Obama as the next leader of the U.S. Federal Reserve. Rosneft CEO and Putin confidant Igor Sechin (No. 60) and Jill Abramson (No. 68), the executive editor of the New York Times, make a return appearance after dropping of the list in years past.
He’s Not No. 1: This is the first year that Putin carries the crown. Obama has been on the top of the list for every year with the exception of 2010, when Hu Jintao, the former political and military leader of China, was No. 1.
Women Moving Up In Numbers: This year there are nine women on the list, representing 12% of the world’s most powerful — in stark contrast to being 50% of the world’s population. Both 2011 and 2012 featured six women leaders, and the inaugural list from 2009 included only 3 — or just 4.4%. Recently elected Park of South Korea joins the other female heads of state German Chancellor Angela Merkel No.5), Brazil’s Dilma Rousseff (No. 20)and de facto head of India Sonia Gandhi (No. 21). Two of the world’s most important NGO’s are run by women: Christine Lagarde (No. 35) leads the IMF and Margaret Chan (No. 59) steers the World Health Organization.
Billionaires: Worth a cumulative $564 billion. Sure they’re rich but many of these billionaires deserve special attention for their philanthropic work, including Warren Buffett (No. 13), Michael Bloomberg (No. 29), Li Ka-shing (No. 30), Charles and David Koch (No. 31), and Mohammed Ibrahim (No. 71).
Entrepreneurs Represent: There are 12 in total. As expected, many are headquartered on the West Coast: Google’s Larry Page and Sergey Brin (No. 17), Mark Zuckerberg (No. 24), Elon Musk (No. 47), Ellison and Reid Hoffman (No. 65). Global entrepreneurial spirit spans from Japan’s Masayoshi Son (No. 45) and China’s Robin Li (No. 61) to Africa’s Dangote and Ibrahim.
News
AfDB to Partner LAMATA to Expand Existing Rail System
The African Development Bank (AfDB), has disclosed plans to work with the Lagos Metropolitan Area Transport Authority (LAMATA), to boost the state’s transport system with the development of another rail line.
This was contained in a statement signed by, the Head, Corporate Communication, LAMATA, Mr. Kolawole Ojelabi in Lagos.
Ojelabi said that the AfDB Vice President, Private Sector Infrastructure and Industrialisation, Mr. Solomon Quaynor, gave the assurance during a visit to LAMATA.
He added that the bank was interested in partnering LAMATA to expand the capacity of the existing rail system.
“Quaynor was also in the company of the Non-Sovereign Operations and Private Sector Equity Specialist, Mr Mayowa Ayodele ahead of a visit of the technical team to assess the Purple line,” he said.
The Purple Line is a 60-kilometre railroad along the Redemption Camp in Ogun State, traversing Berger, Agege and Alimosho and terminate at Volkswagen to join the Blue Line.
“The visit follows a recent pitch for investment on 60-kilometre Lagos Rail Mass Transit (LRMT) Purple Line at the African Development Bank forum in Morocco, where the Lagos delegation was led by Governor Babajide Sanwo-Olu.
“This is to further discuss collaboration on the project and other lines outlined in the Lagos Strategic Transport Master Plan. The delegation toured the LRMT Blue Line and expressed satisfaction with the progress of the Blue Line rail system,” he said.
News
SERAP Drags FG, Govs to ECOWAS Court over ‘Misuse of Cybercrimes Act’
Socio-Economic Rights and Accountability Project (SERAP), has filed a lawsuit against the Nigerian government the 36 states over the Cybercrimes (Amendment) Act 2024.
SERAP is arguing that “the repressive use of the Cybercrimes (Amendment) Act 2024 by the government to criminalize legitimate expression violate the human rights of Nigerians, including activists, journalists, bloggers and social media users”.
In a statement on Sunday, Kolawole Oluwadare, deputy director, SERAP, explained that the suit was filed to stop the Tinubu administration and Nigeria’s 36 governors from using the Cybercrimes (Amendment) Act 2024 to criminalize legitimate expression and punish Nigerians, including social media users.
He said: “Rather than using the amended legislation to make cyberspace and its users safer, Nigerian authorities are routinely weaponizing it to curb Nigerians’ human rights and media freedom.
“The suit no: ECW/CCJ/APP/03/2025 was filed last week before the ECOWAS Court in Abuja.”
Recall that Economic Community of West African States (ECOWAS) Court had on March 25, 2022, declared Section 24 of Nigeria’s original Cybercrimes Act 2015 as “arbitrary, vague, and repressive.”
The court ordered Nigeria to repeal the provision, citing non-compliance with human rights obligations under the African Charter on Human and Peoples’ Rights and the International Covenant on Civil and Political Rights.
Although the Cybercrimes (Amendment) Act 2024 repealed Section 24, the Socio-Economic Rights and Accountability Project (SERAP) argues that the reworded provisions still infringe upon freedom of expression and information.
SERAP’s concerns center around the ambiguity of “causing a breakdown of law and order” in Section 24(1)(b), which they believe threatens peaceful and legitimate expression and leaves room for abuse.
SERAP highlighted several instances where the law was allegedly misused to target government critics, including activist Dele Farotimi, journalist Agba Jalingo, and social media user Chioma Okoli.
The organization emphasized that the amended legislation has a chilling effect on human rights and media freedom.
SERAP stressed that the amended Act contravenes international human rights law, which requires restrictions on freedom of expression to serve a legitimate purpose and be strictly proportionate.
The organization seeks a declaration that Section 24 of the Cybercrimes (Amendment) Act 2024 is unlawful and an order directing the government to repeal or amend the legislation in compliance with international standards.
However, a hearing date has not been set for the suit.
News
GOCOP Applauds Edo Gov for Appointing Edomaruse, SA, Int’l Development
Guild of Corporate Online Publishers (GOCOP) has applauded Mr. Monday Okpebholo, Edo State governor, for the appointment of Mr. Collins Edomaruse as his Special Adviser, International Development Partners (IDP).
Ms Maureen Chigbo, president of GOCOP and publisher of RealNews Online, described Edomaruse’s appointment as a welcomed development.
Chigbo in a press statement by Ogbuefi Remmy Nweke, GOCOP Publicity Secretary, also congratulated Edomaruse for this appointment assuring of support from over 110 members of GOCOP in carrying out his duties.
Until his appointment, Edomaruse who is a founding member of GOCOP and the Secretary General of the body of reputed online publishers is also a member of the Nigerian Guild of Editors (NGE), among others.
Edomaruse doubles as the Publisher/Editor-in-Chief of METROWATCH, and has held several senior editorial management positions in THISDAY, including Group News Editor, Group Politics Editor, Deputy Editor, Daily, Saturday and Sunday titles respectively, as well as the Editor, Nation’s Capital/Abuja Bureau.
Also known as ‘General’ because of his mastery of the Defence Beat, his records in THISDAY have remained unbeaten, where he ranked the best among the editors.
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