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Dangote Sugar pays N18.22bn Dividends, to produce 170,000 Tonnes next season

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L-R: Company Secretary/Legal Adviser, Dangote Sugar Refinery Plc, Temitope Hassan; Chairman, Dangote Sugar Refinery Plc, Aliko Dangote; and Group Managing Director/CEO, Dangote Sugar Refinery Plc, Ravindra Singh Singhvi; at the Dangote Sugar Refinery Plc 17th Annual General Meeting held in Lagos on 14th April, 2023

 

 

Despite the economic headwinds that characterised 2022, Dangote Sugar Refinery Plc (DSR) will pay N18.22 billion as dividends to shareholders for the year ended December 31, 2022, while also targeting the production of over 170,000 tonnes of sugar next season. The dividend payout will translate to N1.50 kobo per share held by shareholders.

Chairman of the Company, Aliko Dangote said: “The shareholders are very happy with the way we have been running their company and also in re-investing the profit into the Backward Integration Programme (BIP) for the sugar industry. We are going to play our part in ensuring that Nigeria becomes self-sufficient in sugar within a very short period. We are not the only players, but we will surely play our part. We should be able to produce over 170,000 tonnes which are by far, in the history of Nigeria, the highest to be produced locally.”

The company recorded an impressive turnover of N403 billion, a 46 per cent increase over N276 billion recorded during the same period in the year before, and posted a Profit before Tax (PBT) of N82 billion.

Dangote attributed the company’s remarkable performance to the pragmatic approach the management deployed by focusing on continued cost and process optimisation, improved efficiencies in every area of operations, and service delivery to our customers.

He pledged that the management would continue to implement strategic actions to sustain the performance with the support of all stakeholders with complete adherence to the tenets of the Federal Government’s Sugar Master Plan.

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Dangote said part of the success recorded by Dangote Sugar was made possible by the management’s continued implementation of the Dangote Sugar Development Master Plan with the rehabilitation and upgrade of the Dangote Sugar Refinery’s Numan operations, facilities and land development, as well as the development of the Nasarawa Sugar Company Limited, the greenfield sugar project, and Tunga in Nasarawa State.

He said: “Concerted efforts were made during the year to rise above the various challenges that came about due to the COVID–19 lockdown which affected project timelines considerably and continued to generally impact economic activities due to its spill-over effect, which also led to the lack of forex to finance most of the project deliverables.

“We however continued to surge ahead supported by the various stakeholders in the industry and government parastatals, with the resolve to ensure that the goals of the Nigeria Sugar Development Master Plan are achieved.”

The Company Chairman noted that during the year under review, the first phase of the Sugar Master Plan implementation period came to an end and that the Federal Government approved the second phase over the next 10 years. “This extension came on the back of the review of the first phase by the National Sugar Development Council and other government parastatals with cognisance of the challenges and several circumstances that were unforeseen which riddled the first phase of the programme,” he added.

Dangote stated that the board and management were, however, focused on the achievement of the goals of the strategic initiative, and thus considerable progress was recorded in the project development, despite the numerous challenges faced.

Not minding the obstacles ahead, Dangote promised that the management would continue to create sustainable value for all stakeholders through an inclusive approach to growth and development, with continuous engagement with all parties, to enable the company make a positive impact, support poverty eradication and food security, infrastructure development, empowerment for members of the immediate communities, and the society at large.

In her remarks, the Coordinator of the Pragmatic Shareholders Association, Mrs. Adebisi Bakare expressed the satisfaction of shareholders with the performance of the company, noting that despite all the encumbrances in the sugar sub-sector of the economy, the company still performed far and above the previous year.

She urged the board and the management to continue in the direction they have taken to get the company to the current winning, assuring that the management has the support of the shareholders to post even better performance in the coming years

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‎IITA Trains Over 1,800 Farmers on Modern Farming Techniques in Kano

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‎The International Institute of Tropical Agriculture (IITA), in collaboration with Nigeria’s Ecological Project Office (EPO), has trained more than 1,800 farmers in Kano State on modern farming techniques aimed at increasing crop yields and improving food production.
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‎The programme covered farmers from 16 local government areas in Kano South Senatorial District, equipping them with modern agricultural practices to improve farm productivity and address challenges associated with farming, particularly during the dry season.
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‎The training and demonstration of improved farming technologies took place in Hamdullahi community, Albasu Local Government Area, where farmers were introduced to improved crop varieties and other techniques for achieving higher yields.
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‎Speaking at the event, IITA Project Coordinator, Professor Lucky Omoigui, said the training was designed to enhance farmers’ knowledge of improved seed varieties and modern agricultural practices.
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‎He disclosed that more than 1,800 people had benefited from the programme, expressing optimism that the knowledge gained would encourage dry-season farming and boost food production.
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‎Omoigui urged the participating farmers to apply the knowledge acquired to improve their farming practices and increase crop yields.
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‎As part of the programme, the farmers visited demonstration farms, where they were shown modern techniques for cultivating crops, including cowpeas, maize, soybeans, groundnuts, sorghum and rice.
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‎Speaking on behalf of EPO, Bashir Ibrahim Umar said agriculture plays a vital role in poverty reduction and job creation, particularly for young people in Nigeria.
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‎He stressed the need for sustained farmer awareness campaigns and access to agricultural knowledge to encourage the adoption of modern farming technologies and improve livelihoods.
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‎Also speaking, Garba Ayuba, who represented the Chairman of Albasu Local Government Area, Garba Aliyu Hungu, expressed satisfaction with the programme and urged farmers to put the techniques they had learnt into practice.
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‎Similarly, the Gaya Zonal Director of the Kano State Agricultural and Rural Development Authority (KNARDA), Danjuma Uba, commended the farmers for their interest in learning modern agricultural practices.
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‎He emphasised that collaboration between agricultural development agencies and farmers was essential to ensuring the sustainable adoption of modern farming technologies.
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‎In his remarks, Alhaji Saidu Abdulkadir Hamdullahi, whose farm was used to demonstrate the improved crop varieties, said some people had previously doubted the possibility of achieving successful crop production during the dry season.
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‎However, he expressed surprise and delight at the results achieved on his farm, saying the experience had boosted his confidence in dry-season farming.
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‎He thanked IITA and its partners for the training, noting that the programme had improved farmers’ knowledge of seed planting, fertiliser application and other modern agricultural practices.
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‎According to him, the new knowledge would help farmers increase productivity and improve their income.
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‎The initiative forms part of broader efforts to strengthen the agricultural sector by encouraging farmers to adopt modern technologies to improve food production and reduce poverty in Nigeria, particularly in areas facing water shortages.

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IITA Technical Support through the Ecological Project Office to promote the best climate-smart agricultural practices around the dams to boost food production and increase the income of smallholder farmers in the Kano South Senatorial District

The International Institute of Tropical Agriculture (IITA) is collaborating with the Ecological Project Office (EPO) to leverage the Federal Government’s rehabilitation and expansion of irrigation infrastructure in the Kano irrigation project, covering Tiga Dam, Challawa Gorge Dam, and Kafin-Chiri Dam in the Kano South Senatorial District, to promote sustainable irrigation and dry-season farming to boost agricultural productivity and increase the income of smallholder farmers. The collaboration under the project “Community-based Engagement on Sustainable Agriculture and Biodiversity Restoration for the Kano Irrigation Scheme” is being implemented across the 16 Local Government Areas (LGAs) surrounding the dams (comprising Ajingi, Garko, Bunkure, Doguwa, Tudun Wada, Karaye, Gaya, Albasu, Kibiya, Rogo, Kiru, Wudil, Bebeji, Sumaila, Takai, and Rano), covering 155 communities.

The project interventions aim to boost year-round farming by combining irrigation with climate-smart practices to increase productivity and income, enhance food security, and improve the livelihoods of smallholder farmers. A total of 1,890 farmers, 20% of whom are women, have been trained in Integrated Soil Fertility Management (ISFM), climate-smart irrigation and water-harvesting technologies, and youth entrepreneurship in climate-smart agricultural practices across the 16 LGAs to enhance their resilience to climate-related vulnerabilities.

Participating communities have witnessed increased farming activities and improved access to and use of climate-smart agricultural technologies, contributing to increased productivity, income, and food security.

 

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Former Delta State Governor, Emmanuel Uduaghan, Dies At 71

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By Yusuf Danjuma Yunusa

Former Delta State Governor, Dr Emmanuel Eweta Uduaghan, has reportedly passed away at the age of 71.

Uduaghan, who led Delta State for two terms between 2007 and 2015, reportedly died on the morning of Monday, October 19, 2026.

His death was announced in a statement issued by the family and signed by Toju Anire Uduaghan on their behalf.

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The family described his passing as a painful loss, noting that his contributions and years of service left a lasting impact on individuals and communities across Delta State and Nigeria.

“He was a source of strength, a father figure, a beloved brother and uncle, and a respected elder. We will deeply miss his presence and forever cherish the memories and legacy he leaves behind,” the statement read.

Before becoming governor, Uduaghan served as Delta State Commissioner for Health from 1999 to 2003 and later held the position of Secretary to the State Government from 2003 to 2007.

He assumed office as governor in 2007 and spent eight years leading the state, with a focus on advancing human development and infrastructure.

While mourning their loss, the family expressed gratitude to God for his life and the service he rendered, while offering prayers for strength and comfort for those grieving his passing.

“Your memory will forever remain in our hearts, and your legacy will endure in the lives of those you touched,” the statement added.

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Astute Civil Society Raises Concern Over Exclusion of Gubernatorial Candidates

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The Astute Civil Society for Cultural and Humanity Development has expressed concern over the exclusion of some governorship candidates from the Independent National Electoral Commission’s (INEC) final list of candidates for the 2027 general elections, calling for transparency, fairness and a review of disputed cases.

Comrade Ibrahim Ali, who represented the organisation, stated this on Saturday while addressing journalists at the Nigeria Union of Journalists (NUJ) Secretariat, Kano, during a press conference on democratic principles, electoral fairness, the rule of law and peaceful coexistence.

Ali said the organisation was concerned about reports that several candidates had been omitted from INEC’s final list, including Kano State Deputy Governor Aminu Abdussalam Gwarzo and his running mate, Mustapha Rabiu Kwankwaso.

He said similar concerns had emerged in other states, particularly Gombe and Ogun, where the Peoples Democratic Party’s governorship candidates, Isa Ali Pantami and Oladipupo Adebutu, popularly known as Ladi Adebutu, alongside his running mate, were reportedly affected by the omissions.

According to Ali, the developments had attracted public attention and raised questions about the circumstances surrounding the affected candidates’ nominations and their exclusion from the final list.

The civil society organisation acknowledged that INEC had attributed the exclusions to compliance with statutory requirements relating to political party membership registers, following a recent Supreme Court judgment.

However, Ali said the organisation recognised the importance of complying with electoral laws and respecting judicial decisions while insisting that disputed cases should be examined fairly and transparently.

He maintained that the organisation was not demanding special treatment for any candidate or political party but was advocating a process that would allow relevant facts, submitted evidence and applicable legal provisions to be considered before conclusions were reached.

“Our position is simple: compliance with the law must be upheld, and where an omission is disputed, the facts should be examined fairly and the outcome clearly communicated,” Ali said.

He added that no candidate should automatically be presumed eligible simply because an omission was challenged, just as no disputed exclusion should be treated as beyond review without considering the relevant facts and provisions of the law.

Ali urged INEC to establish a fair, transparent and case-specific review process for affected candidates and political parties, stressing that electoral authorities had a responsibility to administer the electoral process impartially and consistently.

He said democracy depended on institutions that applied the law fairly, political parties that fulfilled their statutory obligations and candidates who met the prescribed requirements.

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The organisation further called on INEC to communicate clearly with affected political parties, examine properly submitted complaints within the applicable timelines and take corrective action wherever the facts and law justified such steps.

Ali noted that transparent handling of the disputed cases would help strengthen public confidence in the electoral commission and demonstrate that electoral administration was guided by evidence, due process and impartiality.

On the implications of the controversy for peace and stability, he warned that unresolved electoral disputes could undermine public trust, deepen mistrust among political stakeholders and create avoidable tensions within communities.

He observed that Kano State, like other parts of Nigeria, had a diverse population with competing political interests and strong expectations regarding democratic participation, making transparent communication of electoral decisions particularly important.

According to him, uncertainty surrounding the exclusion of candidates could generate public anxiety, especially where affected political parties and their supporters believed their concerns had not received adequate consideration.

Ali, however, stressed that the organisation did not intend to alarm the public, assign blame or threaten any institution, but rather to encourage the timely, lawful and peaceful resolution of electoral disputes.

He urged political parties, candidates, their supporters, civil society organisations and members of the public to remain calm, exercise restraint and pursue their grievances through established legal and administrative channels.

The organisation also cautioned political actors against allowing differences over electoral matters to degenerate into hostility, emphasising that peace, national unity and democratic progress should take precedence over partisan interests.

As part of its recommendations, the group called on INEC to undertake a thorough review of disputed exclusions involving candidates and political parties that maintained they had fulfilled the applicable statutory requirements.

It also urged the commission to provide clear, case-specific explanations whenever a candidate was excluded, including references to the relevant legal provisions and the facts informing the decision.

Ali said that where a review established that an exclusion resulted from an error, INEC should take appropriate corrective measures, provided such action was permitted under the applicable legal framework.

The organisation further urged all political parties, candidates and public institutions to respect the rule of law and comply with lawful court decisions, noting that electoral disputes should be resolved through established procedures rather than inflammatory public statements.

It also called on relevant institutions to communicate transparently and act impartially to protect public confidence in the electoral process ahead of the 2027 general elections.

Reaffirming the organisation’s position, Ali said its intervention was not an endorsement of any political party or candidate but a call for an electoral process in which the law was respected, legitimate concerns received fair consideration and public institutions remained accountable to citizens.

He also urged the media to report electoral developments accurately and responsibly, saying journalists had an important role to play in informing the public, promoting accountability and creating an atmosphere conducive to peaceful democratic participation.

Ali called on INEC to ensure that disputed exclusions were addressed promptly and transparently, while urging political stakeholders and citizens to place the interests of their communities and the country above partisan differences.

He said the organisation remained committed to promoting democratic principles, cultural and human development, peaceful coexistence and responsible civic engagement as Nigeria prepared for another electoral cycle.

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