Connect with us

News

Dangote Cement grosses N413.2bn revenue in the first 3 months

Published

on

Aliko Dangote

 

In the first three months of the 2022 financial year, Dangote Cement has recorded a 24.2 percent increase in its revenue and an 18 percent increase in its profit after tax for the same period.

Unaudited results for three months ended 31st March 2022, showed revenue of N413.2 billion and a profit after tax of₦105.9 billion.

Analysis of the cement giant’s three months results indicated that Dangote Cement sold a total volume of 7.2Mt of cement across the group with Nigerian operations accounting for 4.8Mt while the rest of Africa did the balance of 2.4Mt.

Chief Executive Officer, Dangote Cement, Michel Puchercos, in his comments, said that the company started the first quarter on a positive note despite the new uncertainties brought by a very volatile global environment. He stated that increases recorded in revenue and profitability drove strong cash generation across the Group. Profit after Tax rose to ₦105.9 billion, up 18 percent compared to last year while Group EBITDA rose to  ₦211.0 billion, by 18.6 percent with an EBITDA margin of 51.1 percent.

Advert

Puchercos said, “On the operational side, we are ramping up production at our Okpella plant and are progressing well to deploy grinding plants in Ghana and Cote d’Ivoire. Demand remained strong across all markets, and we remain confident that Dangote Cement is positioned to meet customers’ expectations despite these temporary challenges.

Continuing our efforts to deliver shareholder value, Dangote Cement completed the second tranche of its buyback programme. Following the completion of both tranches, Dangote Cement has now bought back 0.98% of its shares outstanding. This share buy-back programme reflects the Company’s commitment in finding opportunities beyond dividend to return cash to shareholders.”

Puchercos added, “the volatile international context is strengthening our efforts to ramp up the usage of alternative fuels and execution of our export-to-import strategy. Reducing our dependence on imported inputs and making our markets self-sufficient has never been more relevant from a regional perspective.

Our continuous focus on efficiency, meeting strong market demand and maintaining our costs leadership drives our ability to consistently deliver superior profitability and value to all shareholders.”

Dangote Cement is Africa’s leading cement producer with nearly 51.6Mta capacity across Africa. A fully integrated quarry-to-customer producer, it has a production capacity of 35.25Mta in its home market, Nigeria. The Obajana plant in Kogi State, Nigeria, is the largest in Africa with 16.25Mta of capacity across five lines; Ibese plant in Ogun State has four cement lines with a combined installed capacity of 12Mta while Gboko plant in Benue state has 4Mta; and  Okpella plant in Edo state has 3Mta.

Through recent investments, Dangote Cement has eliminated Nigeria’s dependence on imported cement and has transformed the nation into an exporter of cement serving neighbouring countries.

News

2027: Former 44 Local Government Speakers During Ganduje’s Tenure, Malam Takai Endorse Senator Barau as Kano APC Gubernatorial Candidate

Published

on

 

The Deputy Senate President, Senator Barau I. Jibrin, has confirmed that a forum of former local government speakers in Kano State, who served during the tenure of former Governor Abdullahi Umar Ganduje, have formally endorsed him as the gubernatorial candidate of the All Progressives Congress (APC) for the 2027 elections.

Senator Barau disclosed this while receiving the delegation, led by Hon. Shuaibu Haruna Gamarya, Chairman of the forum, at his office in the National Assembly, Abuja. He described their visit as a demonstration of unity and commitment to the progress of Kano State.

According to Senator Barau, the delegation, comprising 32 former House Leaders, came with a clear and united message of support. He explained that the group not only declared total backing for President Bola Ahmed Tinubu’s second-term bid but also adopted him as the APC gubernatorial candidate for Kano in 2027.

Speaking on behalf of the group, Hon. Shuaibu Haruna Gamarya said the forum had overwhelming confidence in Senator Barau’s leadership. He described him as “a senator for all, who, irrespective of constituency, offers support for the well-being and development of Kano State and its people.” Gamarya added: “You are our gubernatorial candidate and governor come May 29, 2027, Insha Allah.”

Advert

The forum’s Secretary, Hon. Usman Muazu Garin Malam, reaffirmed their grassroots commitment, stating: “We, the house leaders, hereby support President Tinubu’s second-term bid and endorse you as the sole APC gubernatorial candidate. All we need is your support, and we will mobilise the grassroots for you.”

Former Speaker of Tofa LGA, Hon. Shehu Halilu, highlighted Senator Barau’s developmental projects across communities. He said: “The bridge you built in our village is saving lives. Your interventions touch women, men, children, farmers, and teachers everywhere. This is why we want you as the next governor of Kano.”

Halilu subsequently moved a motion for the formal adoption of Senator Barau’s candidature for 2027. The motion was seconded by Hon. Sunusi Abdu, former leader of Garko LGA, who declared: “Anybody that is against you is an enemy of Kano and an enemy of APC. That person is also against President Tinubu.”

Alhaji Salihu Sagir Takai, coordinator of the Renewed Hope Initiative in Kano, also lent his voice to the endorsement. He urged party members and stakeholders to work together for APC’s victory in the state, saying: “Choosing Senator Barau as Governor is the best decision for Kano, and promoting his candidature is a duty for all lovers of our state.”

In his remarks, Senator Barau expressed gratitude to Almighty Allah and thanked the forum for their courage, unity, and unwavering belief in Kano’s future. He reminded them of the shared responsibility to restore Kano to its rightful place as a centre of commerce, education, industry, good governance, and social progress.

“With dedication, sincerity, and unity of purpose, we will build a stronger, safer, and more prosperous Kano,” Senator Barau said, praying for Allah’s guidance and success in the journey ahead.

 

Continue Reading

News

Kano Bans Unauthorized Hisbah Groups, Outlaws ‘Independent Hisbah Fisabilillahi’

Published

on

 

The Kano State Government has issued a sweeping executive order banning the formation and operation of any unauthorized Hisbah-like groups, particularly targeting a self-styled body known as the “Independent Hisbah Fisabilillahi.

 

The order, titled “Kano State Government (Prohibition of the Independent Hisbah Fisabilillahi) Order 2025,” was signed by Governor Abba Kabir Yusuf and publicly read by the Commissioner for Information and Internal Affairs, Comrade Ibrahim Abdullahi Waiya, during a press briefing

 

 

He said the executive order draws its authority from Section 5(2) of the 1999 Constitution of the Federal Republic of Nigeria (as amended), which vests executive powers in the state governor, including the responsibility to maintain public order and enforce state laws.

 

The Commissioner said government expressed deep concern over the emergence of individuals and groups who have been “undertaking recruitment, mobilization and organisation of persons into a body described as ‘Independent Hisbah Fisabilillahi’, without lawful authority and in contravention of the Laws of Kano State.”

Advert

According to the order, Waiya added, such activities amount to the creation of “parallel, unauthorised enforcement structures within the State,” which the government deems “an unlawful act capable of disturbing the peace” and undermining the statutory functions of the Kano State Hisbah Board.

 

He maintained that the order unequivocally declares that “the formation of Independent Hisbah Fisabilillahi is unlawful and it is prohibited from operating or carrying out any activity in the state.”

Reinforcing the exclusive mandate of the Kano State Hisbah Board, the government emphasized that it “shall remain the sole legally recognized institution in the State” for coordinating Hisbah-related functions. Any impersonation of the Board’s authority, uniforms, symbols, or activities is now officially prohibited.

 

He pointed out that the order further directs all relevant security agencies including the Nigeria Police Force, Department of State Services, and Nigeria Security and Civil Defence Corps to investigate the organisers and sponsors of the outlawed group, halt all related activities, and take lawful measures to prevent any breach of peace.

 

In a stern warning to the public, Commissioner Waiya explained that “participation in, support for, or affiliation with the Independent Hisbah Fisabilillahi constitutes violation of the laws of Kano State.” Individuals who have already been recruited or approached for recruitment are urged to “disengage immediately and report to the nearest Security Agencies Division, Hisbah Office or Local Government Authority.”

 

According to him also, violators of the order face prosecution under applicable laws for offences including unlawful assembly, impersonation of lawful authorities, and the establishment of unauthorized enforcement groups. The term “Independent Hisbah Fisabilillahi” is broadly defined to include “any group, unit, committee, movement or body organised for the purpose of performing Hisbah-like enforcement functions outside the statutory Hisbah Board.”

 

“The executive order takes immediate effect and is to be gazetted by the Kano State Government Printer. Governor Abba Kabir Yusuf signed the order on December 8, 2025, marking a significant step in the state’s efforts to centralize religious enforcement under lawful authority and prevent the rise of parallel vigilante structures

Continue Reading

News

Supreme Court Nullifies Tinubu’s Pardon, Restores Maryam Sanda’s Death Sentence

Published

on

 

By Yusuf Danjuma Yunusa

 

Nigeria’s Supreme Court has set aside the presidential pardon granted by President Bola Ahmed Tinubu to Maryam Sanda, the Abuja woman convicted of killing her husband, Bilyaminu Bello, during a domestic dispute.

In 2020, the Federal Capital Territory High Court sentenced Sanda to death by hanging, a verdict later upheld by the Court of Appeal in Abuja.

Advert

In contrast, President Tinubu had subsequently commuted the sentence to 12 years’ imprisonment on compassionate grounds.

However, in a narrow 4–1 judgment delivered on December 12, 2025, the Supreme Court restored the initial death sentence. The apex court dismissed Sanda’s final appeal, ruling that it lacked merit and failed to undermine the findings of the lower courts.

Reading the lead judgment, Justice Moore Adumein held that the prosecution had proved its case beyond reasonable doubt, establishing that Sanda unlawfully caused the death of her husband.

He described the presidential pardon as an inappropriate exercise of executive power, particularly because the clemency was issued while the appeal process in a homicide case was still ongoing.

Continue Reading

Trending