fbpx
Connect with us

Business

The Economic Advancement Of South-West Nigeria

Published

on

Adamu Tilde

 

 

 

By Adamu Tilde

Diaspora’s remittances in the form of physical capital have contributed immensely to the economic advancement of southwest Nigeria.

 

This is understandably so because of their large numbers. However, more than that, the invisible wealth (human capital) transferred in form of knowledge, experience, and information sharing, though often overlooked, have greatly helped in consolidating the position of the region as the economic hub of West Africa.

 

 

For example, it is easier to know or learn global best practices if you have a brother or sister working in multinationals or a resident of London for example who’s willing to share experiences with you than reading ten Harvard Business Review articles. This is often overlooked when we compare economic performances of the remaining regions.

To Avert Lockdowns , Nigerians Should Wear Face Mask- Presidency

Someone who grew up in Abeokuta, PH, or Lagos can easily come across someone who’s either created a company or worked in one. Again, as a graduate, you can easily have a member of your extended family who’s a beneficiary of foreign or domestic scholarship.

 

 

These experiences, negligible as they sound, are very difficult to come across in most cities and towns in northern Nigeria. Most of our experiences are in public sector. Of course there are isolated cases of someone working in the abroad, commonly on foreign mission from Ministry of Foreign Affairs and sometimes BBC, VoA, DW, and RFi Hausa service.

 

Northern youths must be willing to let go of the false sense of the comfort of being close to home and travel and learn from other people’s experiences. It’s easier to believe what’s seen and experienced than reading about it. After all, Tafiya mabudin ilimi, roughly translated, traveling is the key to knowledge.

Business

How Aliko Dangote supported businesses in Nigeria-Sambajo

Published

on

 

President of the Dangote Group Aliko Dangote has been described as a rare gem and kind hearted industrialist for nurturing trading and commercial activities in North and across Nigeria for almost four decades.

Speaking when he visited the Dangote pavilion at the ongoing Kano International Trade Fair, Alhaji Salisu Sambajo, said: “ I can say confidently that Aliko has been supporting us for the past 40 years, and he has lifted us up when our businesses where going under.”

Mr. Sambajo is a Kano based international business tycoon, and chairman of the Sambajo General Enterprises Limited. He’s considered one of the biggest business names in northern Nigeria.

“Aliko’s support in growing commercial activities in the North and all over the nation cannot be quantified. The history of Nigeria’s commerce, and indeed of industrialization, cannot be completed without his name topping the list. It’s only God that can reward him,” he said.

The business mogul added: “I am telling you this confidently because I am one of the beneficiaries of his generosity. No one can deny his kindheartedness and support, and God is with such people.”

He recalled that Mr. Dangote had committed billions of naira through Bank of Industry for the development of small businesses in Nigeria, adding that the Fund was expected to create one million jobs.

The business mogul also recalled that Mr. Dangote had supported the Federal Government with billions of naira during the 2012 flooding in Nigeria.

“During the Covid-19 pandemic, we read it in the news that Aliko donated billions of naira. All these are coming from one person. Nigeria should be grateful to him,” he said.

He added that: “ Also remember that at the peak of the Boko Haram crisis, Aliko Dangote had donated a housing estate worth billions to the Internally Displaced persons in Borno State. I can go on and on. His interventions are so numerous.”

According to the businessman, “Aliko has since stopped working for himself. All he has been doing is to lift people out of poverty. I remember whenever we recorded losses, Aliko will lift us up again and again. I don’t want to go into specifics. He’s a very kind and generous person. He deserves all our respect and it’s a big honour that God created such a man in Nigeria.”

Mr. Sambajo said it is not for nothing that Mr. Dangote, is Nigeria’s biggest private sector employer.

The business mogul traced relationship with Mr. Dangote to over 40 years, adding that he has been a great philanthropist who has his country and Africa at heart.

Mr. Sambajo described the upcoming Dangote Refinery as a legacy project that will positively impact the country’s economy.

Dangote Group is the major sponsor of the ongoing 44th Kano International Trade Fair.

Continue Reading

Business

Airlines Opens

Published

on

Continue Reading

Business

Nurturing 30 New Entrepreneurs: Dangote’s Commitment to Nigerian Economy

Published

on

 

The Dangote Cement Plc has announced the creation of 30 new entrepreneurs who are expected to help bolster food production and ginger the Nigerian economy.

The new Chief Executives were graduated weekend following a three-month intensive entrepreneurial and skill acquisition training on poultry farming and business.

President Bola Ahmed Tinubu had advocated for Public Private Partnership during his speech at the recent Nigerian Economic Summit in Abuja.

Speaking at the graduation ceremony, Plant Director of the Dangote Cement Plc at Obajana in Kogi State, Mr. JV Gungune, said the company’s entrepreneurial scheme is a demonstration of the huge corporate support for government and Nigeria.

The Plant Director who was represented by Engr Wale Adisa, A Senior General Manager, said the President and Chief Executive of the Dangote Group, Alhaji Aliko Dangote is one Nigerian who is passionate about Corporate Social Responsibility and philanthropy.

Mr. Gungune told the beneficiaries to leverage on the advantage conferred on them by the scheme, adding that it was a golden opportunity to be selected, trained and empowered.
He said the scheme has become necessary as it was not possible for the company to employ every one.

He said the development was as a result of the peaceful co-existence between the company and the communities, harping on the need for the youth to become skilled, and that the era of certificate was gone.

Representative of the Ministry of Mines and Steel Development in Kogi State Engr Ezekiel Olufemi Olaitan said the government was happy by the series of economic, social activities, and opportunities created by the Dangote Cement Plc, urging the beneficiaries not to disappoint Nigerians.
In his welcome address, General Manager, Community Relations and Special Duties, Mr. Ademola Adeyemi, said the scheme was part of the company’s Corporate Social Responsibility (CSR), adding that, of the 30 participants, 18 were females and 12 were males.
He said the training was conducted by the Kogi State College of Education (Technical), Kabba, on behalf of Dangote Cement Plc.

According to him: “The Dangote Cement PLC, Obajana Plant Empowerment Scheme among many other is aimed at transforming the youth to be skill full, self-reliant and independent. This year 2023 Youth Empowerment Scheme was particularly designed at developing selected youth from each community to be not just farmers in poultry (layer: egg) producer’s but Entrepreneurs in Agricultural Business.

“The programme is equally aimed at eradicating some of the social vices and poverty that have eaten deep into our communities.”

Representative of the Provost of the Kogi State College of Education (Technical), Kabba Dr. Micheal Udoma said the Dangote Cement Plc had empowered the beneficiaries by starter packs, Bags of Grower feed, battery cages, hand gloves, a 60 litre basin, a hand bowl and point of lay birds.

Head of the Dangote Academy, Engr Wale Adedeji advised the new entrepreneurs not to rest on their oars, but keep reinvesting and profit, saying they can learn from the founder of the company, Alhaji Aliko Dangote.

Speaking, the Bajana of Obajana, Dr Idowu Isenibi, expressed optimism that the programme will help in radically transforming the economy of the Obajana communities and Kogi State in general.
In the same vein, the Olu-Apata Dr. Frederick Balogun, thanked the company for the programme, and urged participants to keep investing in the business.
Representative of the graduands, Mr. Alolo Victor Eleojo said they have registered a Cooperative Society to help buoy their financial standing.
“As new CEOs, we have formed a cooperative and do the necessary registrations,” he added.
He promised not to disappoint the Dangote Group and Nigerians as a whole.

Earlier in the cause of the programme starter packs comprising of medications, vitamins, cages, feeds, 50 layers and poultry farms equipment were given to each of the 30 graduands.

Continue Reading

Trending

%d bloggers like this: