Business
MACBAN Issues Strong Warning Over Cattle Poisoning in Plateau
MACBAN Plateau cattle poisoning warning issued as herders decry attacks in Barkin Ladi, urging security agencies to act swiftly
Plateau State chapter of the Miyetti Allah Cattle Breeders Association of Nigeria has issued a strong warning over what it described as persistent attacks on Fulani herders and the killing of livestock in rural communities, urging immediate intervention by security agencies to prevent escalation.
Also read: Miyetti Allah Chairman, Abubakar Abdullahi Is Dead
MACBAN Plateau cattle poisoning warning was contained in a statement issued on Thursday by the State Chairman, Alhaji Ibrahim Yusuf Babayo, who alleged that herders operating in parts of Barkin Ladi and Riyom Local Government Areas have continued to suffer repeated assaults.
Alhaji Ibrahim Yusuf Babayo condemned a recent incident in which nine cows were allegedly killed in the Rakum community of Barkin Ladi on 18 April, describing the act as “senseless and provocative,” and warning that such developments threaten fragile peace in the area.
According to Alhaji Ibrahim Yusuf Babayo, the affected herders were carrying out lawful grazing activities when they were allegedly attacked, resulting in significant economic loss to already vulnerable pastoral families.
He described the destruction of livestock as both “inhumane and economically damaging,” adding that continued attacks could heighten tensions between communities in the state.
The association called on security agencies to investigate the incident thoroughly, identify those responsible, and ensure they are brought to justice without delay.
Alhaji Ibrahim Yusuf Babayo also appealed to community leaders, youth groups, and stakeholders in Barkin Ladi to exercise restraint and avoid any form of retaliation, warning that violence would only deepen mistrust.
MACBAN chairman reaffirmed the association’s commitment to peaceful coexistence and dialogue, urging authorities to adopt proactive measures to protect lives and property across affected communities.
Also read: ACBAN Alleges Deadly Herdsmen Attack in Plateau State
He stressed that sustainable peace in Plateau State could only be achieved through mutual understanding and strict enforcement of law and order.
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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