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Dangote Cement’s commitment to climate change yields dividend

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Dangote Cement’s commitment to environmental disclosures and sustainability is yielding the desired results with Carbon Disclosure Project (CDP) raising its rating from C to B- even as it proposes a dividend of N20 per share for the year ended December 31,2021.

The CDP is an international non-profit organization based in the United Kingdom which runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts.

CDP explained that it raised the rating as a result of the Company’s commitment to climate change. The upgrade clearly illustrates the progress made by Dangote Cement regarding commitment to transparency and mitigating its carbon dioxide footprint. This is one of the highest ratings in Sub-Saharan Africa and the only Nigeria company rated by CDP.

Chief Executive Officer of Dangote Cement Plc, Michel Puchercos, in his response to the development said: “We are pleased to be recognised for the progress that we are making in our environmental disclosures and sustainability. The CDP rating upgrade clearly illustrates the steps that Dangote Cement is taking in its commitment to transparency on climate and environmental issues.

According to him, the cement company is focused on making a positive difference, which is “why sustainability is at the core of every part of our business. In addition, our Alternative Fuel Project is at an advanced stage which aims to leverage waste management solutions, reduce CO2 emissions, and source material locally. This year, we co-processed 89,000 tons of waste representing a 60% increase over 2020.”

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He added that Dangote Cement is focused on sound governance, saying, “we are leading the way with our commitment to sustainability and best practices.  We are driven by the goal of achieving the highest level of governance and building a sustainable brand for all stakeholders.  Transparency and consistency are at the core of every part our business culture”

In its financials for full year ended December 31, 2021, Group sales volume for Dangote Cement stood at 29.3Mt, with Nigeria accounting for 18.61Mt while operations in other countries did 10.86Mt.

Group revenue was N1,383.6 billion for the full year, made up of N993.34 billion from Nigeria while revenue from across African plants was N397.32 billion, in contrast to the group revenue of N1,034.20 billion in 2020 which constituted of N719.95 billion from Nigeria and N318.68 billion from other African operations. Dangote Cement recorded a gross profit of N538.37 billion and after-tax profit of N364.44 billion. The directors have proposed a dividend of ₦20.00 per share.

Dangote Cement became the first Nigerian listed company to report its financial results using XBRL format with the IFRS taxonomy. Adopting XBRL reporting format will strongly benefit Dangote Cement’s existing and potential investors. It represents another step in continuing efforts to modernize and enhance transparency of, and access to, companies’ disclosures.

Dangote Cement Plc is sub-Saharan Africa’s largest cement producer with an installed capacity of 45.6Mta across 10 African countries and operates a fully integrated “quarry-to-customer” business with activities covering manufacturing, sales, and distribution of cement.

 

Dangote Cement has a long-term credit rating of AA+ by GCR and Aa2.ng by Moody’s due to its market leading position, significant operational scale and strong financial profile evidenced by the company’s robust operating and net profit margins relative to regional and global peers, adequate working capital, satisfactory cash flow and low leverage.

 

Dangote Cement is a subsidiary of Dangote Industries Limited, a diversified and fully integrated conglomerate as well as a leading brand across Africa in businesses such as cement, sugar, salt, beverages, and real estate, with new multi-billion-dollar projects underway in the oil and gas, petrochemical, fertiliser and agricultural sectors

 

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Kano Seeks Stronger EU Partnership on Urban Development, Economic Growth, Human Capital Development

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The Kano State Government has called for deeper collaboration with the European Union across critical sectors including urban infrastructure, education, healthcare, agriculture, climate action, digital transformation and economic development as part of efforts to accelerate sustainable growth and improve the quality of life of residents.

The appeal was made by the Deputy Governor of Kano State, Hon. Murtala Sule Garo, who represented Governor Abba Kabir Yusuf during the presentation of the state’s Urban Development Strategy to European Union ambassadors and representatives of eight EU member countries on an official visit to Kano.

Speaking while welcoming the delegation, Garo said the engagement provided an important opportunity for Kano State to showcase its long-term vision for sustainable urban development and explore strategic partnerships capable of driving economic transformation and inclusive growth.

According to the Deputy Governor, Kano occupies a unique position as one of Africa’s oldest commercial centres and one of the continent’s fastest-growing urban economies, making it both a hub of opportunity and a city facing the pressures associated with rapid urbanisation.

Garo explained that growing demand for infrastructure, housing, transportation systems, sanitation services, environmental management and economic opportunities has created an urgent need for innovative, coordinated and future-oriented development strategies.

He disclosed that the state government has developed a comprehensive Urban Development Strategy designed to guide Kano’s growth in a sustainable, organised and people-centred manner while addressing emerging urban challenges.

According to Garo, the strategy underscores the administration’s commitment to modern urban planning, improved infrastructure delivery, climate resilience, economic competitiveness, digital innovation and the overall enhancement of living standards for residents across the state.

The Deputy Governor further stated that the strategy is aligned with Nigeria’s national development priorities, the Sustainable Development Goals (SDGs) and internationally recognised best practices in urban governance and sustainable city management.

Garo appealed to the European Union to support Kano State in several priority areas, including education and skills acquisition, youth employment, agricultural development and food security, healthcare delivery, climate adaptation initiatives, renewable energy projects, infrastructure development and digital connectivity.

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He also requested technical assistance from the European Union in reviewing and validating the state’s draft Public Private Partnership (PPP) policy, noting that such support would help strengthen investment opportunities and improve the ease of doing business in Kano.

“We believe that stronger cooperation between the European Union and Kano State will contribute to shared prosperity, social stability and sustainable development while fostering stronger ties between our peoples,” Garo said while highlighting the potential benefits of enhanced collaboration.

The Deputy Governor assured the visiting delegation that the administration of Governor Abba Kabir Yusuf remains committed to creating an enabling environment for investors through transparency, accountability and responsible governance practices.

Responding on behalf of the European Union delegation, EU Ambassador to Nigeria and ECOWAS, Gautier Mignot, described Kano as a major development hub in Northern Nigeria and an important partner in the European Union’s broader cooperation framework with Nigeria.

Mignot said the decision to select Kano for the delegation’s annual mission reflected the strategic importance the European Union attaches to the state as a key centre for development interventions and economic engagement in Northern Nigeria.

“The fact that we selected Kano for this year’s mission reflects the importance we attach to the state as a key development hub for Northern Nigeria and a strategic partner in our cooperation with Nigeria,” the ambassador stated.

According to Mignot, the delegation comprised ambassadors and representatives from Italy, Denmark, Spain, France, the Czech Republic, Belgium, Austria and Finland, and the visit formed part of the European Union’s annual field mission aimed at deepening engagement with key regions across Nigeria.

The ambassador noted that the European Union and Nigeria recently agreed to further strengthen bilateral relations during the eighth EU-Nigeria Ministerial Dialogue held in Abuja, reflecting a shared commitment to advancing cooperation in multiple sectors.

Mignot explained that the EU-Nigeria partnership is anchored on common values such as democracy, human rights, the rule of law, social inclusion and sustainable economic development, which continue to shape collaborative initiatives between both sides.

Expressing optimism about future engagements, the EU envoy said the visit demonstrated the depth of existing cooperation and highlighted the numerous opportunities available in Kano State for expanded partnership and investment.

“I believe this visit further demonstrates the depth of our cooperation and the many opportunities that Kano State offers for strengthening our partnership,” Mignot said.

Observers say the engagement is expected to open a new chapter in relations between Kano State and the European Union, with prospects for stronger collaboration in sustainable urban development, renewable energy, climate resilience, agriculture, healthcare, education, digital innovation and investment promotion.

The discussions also reinforce Kano State’s efforts to position itself as a leading destination for development partnerships and responsible investment while pursuing its vision of inclusive growth, modern infrastructure and long-term economic prosperity.This version follows a conventional newspaper structure with attribution throughout and expanded context suitable for publication.

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Former Humanitarian Minister Sadiya Farouq Asks Court to Set Aside Arrest Warrant Against Her

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By Yusuf Danjuma Yunusa

Sadiya Farouq, a former Minister of Humanitarian Affairs, Disaster Management and Social Development, on Monday prayed an Abuja High Court to set aside a bench warrant issued against her.

The court had granted the Economic and Financial Crimes Commission (EFCC) leave to arraign Ms Farouq on April 16, alongside a former permanent secretary in the ministry, Bashir Alkali and Sani Mohammed.

Again, Ms Farouq failed to appear as ordered by the court, but both the second and third accused persons were present.

The Prosecution Counsel, Oluwaleke Atolagbe, told the court that the first defendant was absent.

Ms Farouq’s counsel, Oladipo Opeseyi, SAN, told the court that his client was not in court on medical grounds.

He prayed that the court hear his application.

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Mr Atolagbe, however, objected to the request, arguing that the arraignment had not been done.

“According to the records of the court, the application cannot be heard until after arraignment,” he said.

He said that the first defendant’s counsel promised to produce his client.

“I object to the submission of the prosecution, saying the application cannot be heard until after arraignment,” Mr Opeseyi said.

He said the application was preliminary in a criminal matter and was ripe for hearing under the law.

“If the court cannot hear it, it is tantamount to abandonment. An arraignment is the prosecution presenting the accused person to the court,” he said.

At this juncture, the court asked the first defendant’s counsel when his client would be in court.

In response, Mr Opeseyi told the court that the 10-day holiday in Egypt made it impossible to communicate with his client.

Secondly, he said, “We are not the medical doctors to give the conditions of her health.”

He further stated that the application in question sought that the court set aside the warrant of arrest issued against the first defendant on April 16.

Justice Jude Onwuegbuzie said, “The court needs to know how to act.

“The court is aware that you are not the medical doctor and neither is the court”.

The judge, however, allowed the first defendant‘s application to be heard.

The first defendant’s counsel, Mr Oluseyi, argued his application, urging the court to grant it and set aside the warrant of arrest issued on his client.

Opposing the application, Mr Atolagbe urged the court not to grant the application.

In addition, he urged the court to discountenance all the medical reports submitted by the first defendant, because they lacked credibility.

Justice Onwuegbuzie, after listening to the submissions, adjourned until June 10 to rule on the application.

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Kano Thuggery: Residents Flee, Raise Alarm Over Rising Violence, Criminal Activities in Bachirawa Community

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Residents of Bachirawa and surrounding communities in Kano State have raised concerns over what they describe as a worsening security situation marked by violent clashes, criminal activities, and the displacement of residents.

The concerns were contained in a statement issued by the Bachirawa Consensus Development Association (BCDA), which alleged that recurring violence linked to rival groups has continued to threaten lives and property in the area.

According to the association, tensions have escalated in recent weeks, particularly around Bachirawa, Ungogo, Kwanar Ungogo, NRC Road, and the Bayan Waya (Makera) axis. The group claimed that the unrest has been fueled by activities attributed to rival factions identified by residents as Habun Daidai and Tsalha Maikare.

The association further alleged that criminal elements involved in drug trafficking and other unlawful activities have established strongholds in parts of the area, particularly around Kwanar Ungogo Market and adjoining communities. The claims, however, have not been independently verified by security authorities.

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Residents said the persistent violence has created fear among community members, forcing many families to flee their homes in search of safety. They also alleged that several houses had been destroyed during the unrest, leaving affected residents homeless and facing significant economic hardship.

According to the statement, the violence intensified during the Eid-el-Kabir celebrations and continued through June 6, 2026, disrupting normal activities and creating an atmosphere of insecurity across the affected communities.

The BCDA expressed concern over what it described as inadequate intervention by relevant authorities, urging security agencies to take decisive action to restore peace and order in the area.

The association specifically appealed to the Kano State Commissioner of Police to review the deployment of personnel within the Bachirawa and Ungogo Police Divisions as part of efforts to strengthen security and rebuild public confidence.

The group also called on the Kano State Government under Governor Abba Kabiru Yusuf to conduct an independent assessment of the security challenges facing the area.

“We appeal to His Excellency to either visit the community personally or send a high-powered delegation to investigate the situation and assess the conditions in Kwanar Ungogo Market, which residents believe has become a major hub for criminal activities,” the statement said.

The association further referenced an incident involving an alleged assault on a resident, claiming that a suspect identified as Baffa remains at large. The group expressed concern over the alleged lack of progress in the case and called for a thorough investigation by security agencies.

Community leaders said the deteriorating security situation has continued to affect social and economic activities, with many residents living in fear of further violence.

They urged security agencies and government authorities to take immediate steps to address the underlying causes of the unrest, apprehend those responsible for criminal acts, and provide protection for law-abiding residents.

The residents maintained that urgent intervention is needed to prevent further escalation and restore peace to Bachirawa and neighboring communities.

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