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LCCI hails Dangote on the provision of infrastructure, job creation  

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-R, Lagos Chamber of Commerce and industry (LCCI) Vice President, Engr. Leye Kupoluyi, President of Lagos Chamber of Commerce and industry, ( Dr.) Olawale Cole, Dangote Industries Limited, Group Chief Commercial Officer, Rabiu Umar, Standard Organisation of Nigeria (SON) Director of Marketing, Riechard Adewunmi, at the Launching of Dangote Retail Sugar During the Dangote Group Special Day In the 2022 Lagos International Trade Fair in Lagos on Wednesday 9th November 2022

 

 

Dangote Industries Limited sustained efforts at providing basic infrastructure through various intervention projects have received the commendation of the Lagos Chamber of Commerce and Industry (LCCI). President of the LCCI, Dr. Micheal Olawale-Cole in his remarks yesterday at Dangote Group’s Special day at the ongoing Lagos International Trade Fair said the foremost indigenous conglomerate has contributed significantly in providing solutions to the problems Governments have not been able to solve in areas of food sufficiency, road construction, housing, and energy.

He noted that Dangote Group has been at the forefront of job creation even as its products and services have touched the lives of millions of people across the African continent and beyond.   He enjoined other corporate bodies to toe the line of Dangote in assisting the Government, through the provision of infrastructure, even if it has to be through a tax credit scheme, introduced by the Federal Government.

Badaru Presents Over 178 Billion Naira 2023 Budget For Jigawa

Welcoming participants to the special day, Group Chief Commercial Officer, Dangote Group, Rabiu Umar, disclosed that the Group is passionate about deepening the Nigerian economy through industrialisation, job creation, provision and rehabilitation of essential infrastructure, and the welfare of the citizens.  According to him, it is the desire to promote industrialisation that informs our decision to become strategic partners with all the major Chambers of Commerce across the nation.

He said, “Our participation at all major trade fairs across Nigeria demonstrates our belief that Chambers of Commerce & Industry occupy a unique position in driving economic development through their activities. Lagos Chamber of Commerce & Industry (LCCI) occupies a unique position as the pioneering chamber and has continued to play a ‘significant role in the economic growth of Lagos and Nigeria in general.”

Umar stated that the theme of the fair “Connecting Businesses, Creating Value” resonates with Dangote Group, as all investment decisions are focused on creating value for all stakeholders across the subsidiaries.  He said, “we have invested in several projects which are meant to create jobs and enhance rapid industrialisation of the Nigerian economy.”

Giving an insight into the activities of the subsidiaries, he said that the activities of Dangote Cement have had a multiplier effect, providing direct and indirect employment to millions of people across Africa. He added, “Our food subsidiaries, Dangote Sugar Refinery, NASCON Allied Industries (Dangote Salt), and Dangote Rice are providing jobs through various schemes. Dangote Sugar Refinery, through its out-grower scheme, has provided jobs to thousands of farmers in the host communities. The coming of Dangote Fertiliser has to a great extent helped to change the face of agriculture in Nigeria while the Dangote Petroleum Refinery when functional will drive the development of ancillary industries which will utilize the byproducts as raw materials.”

Dangote Sugar Refinery also unveiled its new retail sugar packs during the event. Head of Sales & Marketing, Dangote Sugar Refinery, Rilwan Olawale Yusuf speaking during the unveiling said the new packs which come in three variants, 1 kg, 500 g and 250 g will improve on-shelf brand visibility and enhance consumer preference for ‘our brand.’  According to him, the new product package will establish a clear differentiation and enhance the attractiveness of the pack.

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Breaking:Emir of Dutse Nuhu Muhammad Sunusi Passes On

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Late Emir Of Dutse Nuhu Muhammad Sunusi

 

The Emir of Dutse  in Jigawa state North West Nigeria Alhaji Nuhu Muhammadu Sunusi is Dead.

In his verified Facebook handle a traditional title holder Santurakin Dutse  and PDP Gubernatorial Candidate of Jigawa state Mustafa Sule Lamido made the statement.

 

Another credible source from the Capital of Jigawa state told NIGERIAN TRACKER that Emir Nuhu Sunusi died today in Abuja but did not disclose the place where he died.

NIGERIAN TRACKER recalls that Alhaji Nuhu Muhammadu Sunusi was appointed Emir of Dutse by the military administration of Late Colonel Ibrahim Aliyu in 1995 after the passing away of his father Muhammadu Sunusi.

 

He reigned as the Emir for 28 years

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Naira Controversy: Emefiele Appears Before Reps. Committee

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Governor of the Central Bank of Nigeria(CBN) Godwin Emefiele on Tuesday appeared before the ad hoc committee of the House of Representatives on the cashless policy and deadline for the replacement of old currency notes.

Emefiele, who was supposed to appear before the Committee last week, failed to do stating he was out of the country with President Muhammadu Buhari.

The House threatenedto invoke the provisions of section 89(1)(d) of the Constitution by issuing a warrant of arrest today to compel him to appear.

The CBN Governor, who appeared with some of his assistants, went into a brief Executive session with members of the committee.

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Cashless system helps in tracking election financing — Osinbajo

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By Chijioke Okoronkwo

Vice President Yemi Osinbajo says a cashless policy, when effectively operated in Nigeria, can help stem the surge of illicit election financing by making it possible to track funds.

Osinbajo’s spokesman, Laolu Akande, in a statement on Monday in Abuja, said the vice president received a delegation of the EU Election Observation Mission led by Mr Barry Andrews.

The EU Chief Observer is also a member of the European Parliament.

“I think that what we should be looking at is to provide more infrastructures.

“ The cashless thing has been really advantageous and helps with tracking.

“That sort of infrastructure is useful for more financial inclusion and the more financial inclusion you have, the easier it is to track.

“So much money can be spent without it being tracked under the current election financing practices in the country.’’

Osinbajo acknowledged the serious difficulty in controlling election financing because of cash transactions.

According to him, there are still infrastructure issues required to be in place to ensure an efficient cashless system in the country.

“With cash transactions, it is still difficult to seriously control election financing.’’

On electoral offences, the vice president said the Electoral Offences Commission Bill was at the National Assembly.

He said he hoped that it would begin a new regime of dealing with electoral offences which would be helpful.

“By and large, one shouldn’t expect INEC to be the investigator of electoral offences.

“I think that law enforcement agencies should be responsible for arresting and prosecuting offenders, state by state.

“Electoral offences are always seen through a political prism; people will always feel that they are being prosecuted because they belong to a certain party.

“What is more important is that we have to find a system where the police could have a special unit for offences during the course of elections.

“The Federal High Courts could also have a special jurisdiction to deal with offences and not extend beyond the Federal High Courts.”

On the role of the judicial system, Osinbajo said that more attention should be paid to the monitoring of tribunals and their outcomes, calling for more scrutiny from the National Judicial Council.

He disclosed that discussions had been had in the past concerning malfeasance on the part of some judges and those found guilty should be brought to the fore.

“There should be sanctions and that way, we would be able to clean up and correct some of the problems,’’ he said.

In his remarks, Andrews said that the mission would be monitoring the elections coming up next month and hope for a peaceful and fair electoral process.

According to him, it is the 7th time the INEC is inviting the EU Mission to monitor the elections, adding that the team had been in the country since Jan 11 and will be around until the end of March, 2023.

Other members of the delegation include Ms Samuela Isopi, Ambassador, EU Delegation to Nigeria and ECOWAS and Mr Thomas Boserup, Deputy Chief Observer, EU Election Observation Mission. (NAN)

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