National Association of Nigerian Students (NANS) has directed an open letter to Chief Bola Ahmed Tinubu, raising concerns and accusations against Aliko Dangote for the alleged mismanagement of funds within the Cement Technology Institute of Nigeria (CTIN).
In the letter, NANS expresses deep distress over the misuse and lack of accountability in CTIN under Dangote’s leadership as the pioneer and self-imposed life Chairman.
The letter highlights the strategic funds intended for training and development opportunities for Nigerian youth in the cement industry, emphasising the importance of these funds in line with CTIN’s establishment goals.
NANS claims that the misappropriation of these funds poses a serious threat to the future and labels it as an act of economic sabotage.
In the letter, NANS stated, “We, the National Association of Nigerian Students (NANS), being the voice and representatives of the Nigerian Students, a large percent of youth constituency of our population and by extension defender of oppressed citizens and advocate of the Nigerian masses, the bearers of our nation’s future and voice of the voiceless young generation.”
“Today we are raising our voices in protest, We are writing to you to express our deep concern and outrage regarding the mismanagement and lack of accountability within the Cement Technology Institute of Nigeria (CTIN), an organisation under Alh Aliko Dangote’s Leadership as pioneer and self imposed life Chairman.”
“The alleged misused, diversion and misappropriation of such strategic fund intended to provide training and development opportunities for Nigerian youth in the cement industry in line with the establishment goals of CTIN is a weighty one, in fact it’s a future-threatening act and an act of economy sabotage.”
“Certainly, the fund has been squandered, leaving a trail of broken promises and shattered dreams as nothing can be pointed at as an achievement in this regard.”
“The situation of countless Nigerian youths, who remains unemployed and lacking technical skills in a rapidly advancing global economy like ours, is a harsh testament to the repercussions of such mismanagement and embezzlement. Another hidden factor responsible for the unprecedented hike in cement price in the country.”
“We are living in a country where our potential is suppressed and our future is uncertain courtesy of greed and selfishness of a microscopic few in position of authority, while leaders of our industries such as Aliko Dangote with such a special intervention fund failed to do the needful but rather enrich themselves by diverting such funds intended for our growth and development for only God and Dangote known purpose and use.”
“We demand answers, we demand accountability, we demand explanation and we demand justice.”
- In clear terms, We urge Bola Tinubu to issue a directive to Federal Ministry of Industry, Trade and Investment to make public as a matter of urgency and national importance her role so far, the status, management, and usage of the over 20billion Naira (about $100 million as at then) contributed as levies on imported cement to CTIN for technical training purposes since over 10 years ago when Nigeria was still importing cement.
“We know and we are fully aware nothing has been done with the fund in line with its purpose. This is money that should have gone to government coffers for investment in our vocational and technical education system.”
“Alh Aliko Dangote has been sole chairman since this institution was created by the Federal Ministry of Trade in conjunction with cement importers – hence why we are also demanding an explanation directly from Alh Aliko Dangote as to where is the said fund.”
“Your Excellency, to avert degeneration of this matter, where all Dangote industries will be occupied by Nigerian students nationwide, kindly advice Alh Aliko Dangote to immediately engage an external independent forensic auditor to audit the CTIN funds, and we also demand that anyone found guilty be held accountable for their actions.”
“We further demand swift action towards restructuring the leadership and governance of CTIN, nothing like life chairman, it should be democratic to prevent such overstay that is bringing severe mismanagement of what should be the People’s commonwealth from happening in the future.”
“We demand from Chairman CTIN Aliko Dangote , an explanation on his level of involvement as to what looks to the public as a mismanagement and misappropriation of the CTIN funds.”
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“The Nigerian youth will no longer remain silent as our potential is suppressed and our futures are jeopardized by anyone.”
“This is not a plea for answers; this is a demand for accountability, transparency, justice and a rallying cry for all those who believe in Nigeria’s potential and the rights of its youth to education, opportunity, and a fair shot at success.”
“We will not rest until every penny of the funds is accounted for, and until those responsible for this shameful betrayal of trust by hiding these funds and not using them for their right purpose, are held accountable publicly.”
“We will use every available platform and legal recourse to seek justice and ensure that such a breach of public trust never reocurs.”
“Alhaji Aliko Dangote, CTIN members, Ministry of Trade, Industry, and Investment, the Nigerian youth are waiting, and we demand your swift and thorough public response within seven days of publication of this letter,” NANS concluded. #NANS
