fbpx
Connect with us

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.

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

Business

After slashing cement price, BUA ‘silently’ increase sugar, flour, pasta prices

Published

on

 

 

Days after announcing the reduction of ex-factory price of cement, BUA Group has silently increased prices of foods, particularly a bag of sugar, a bag of flour and a carton of spaghetti, investigation has revealed.

The management of one of the giant cement coy in the country had on October 1 announced the reduction of ex-factory price of the product to N3,500 per bag.

But the announcement was greeted by public outrage as dealers were battling to enlighten the customers that the reduction in price affects only companies that supply the commodity directly from the factory.

However, investigation by this newspaper had revealed that BUA Foods had silently increased prices of its sugar, flour and pasta products.

Our reporter, who went round some shops at the popular Singer Market in Kano state, the biggest grocery market in Northern Nigeria, observed that price of a bag of sugar, flour and a carton of spaghetti had increased by N3,500, N2,000 and at least N1000 respectively.

Checks by this newspaper had shown that while the price of sugar was recently sold at N44,000 per bag, spaghetti N8,100 a carton, and a bag of flour at N32,500, the commodities are now being sold at N47,500, N9,000 and N34,500 respectively.

NBC Issues Final Warning to Arise Television Over Alleged Violation of Broadcasting Code”

A dealer of BUA Foods in Kano told our reporter that the increase in prices of the commodities followed immediately after the company announced the reduction of its cement product.

According to the dealer, who preferred to remain anonymous as he was not authorized to speak, they observed the increase in the prices this week.

He confirmed that the price of a carton of IRS Spaghetti, a pasta product of the BUA Foods, is now N9,000 a carton at company price, while it was recently sold at N8,400 a carton, an indication that it could reach up to N10,000 at retail price.

He also said “We have observed the increase this week. Price of a bag of flour has now gone up to N34,500 as against the N31,000 to N32,000 sold last week. About N2,000 has been increased on a bag of flour and it is a company price.

” About sugar, there is no standard price but it is sold up to N48,000 now in the market. It was N44,500 to N45,000 per bag just last week. Somebody told me that he is selling it at N46,500 per bag.

“We have just received the increased from them this week. They normally communicate to use via phone. They will just send us messages if there is any development.

“I also want to tell you that all these prices are company prices,” he stressed.

Our investigation also revealed that price of the commodities had already gone up at retail outlets in the Kano city.

A grocery shop operator, Mustapha at Karkasara are of Tarauni Local Government area, informed our reporter that he sells a bag of 50kg sugar at N49,000 after he supplied it at N47,500 from the dealers.

Another shop operator, Ibrahim Musa in Fagge Local Government said he had observed increment in price of sugar, flour and IRS spaghetti.

According to him, he purchased a 50kg bag of sigar at N48,000, adding that he supplied a bag of flour at N33,000, while IRS spaghetti was N9,100.

He lamented that despite the increment, he is recording low market as according to him, it had taken him about two weeks to finish a bag of flour.

“You know there is no money in the hand of people. Before i purchased this flour, the one supplied last time took almost two weeks before it finished.

“We are recording low market. People are in poverty and the patronage is low. We just thank God and pray for His intervention,” Ibrahim said.

Customers also expressed displeasure over the recent increment of the BUA food products.

Hajiya Iyami, one of the major customers that purchase bags of flour for baking Gurasa, a locally-made staple in Kano, lamented that the price of the product has kept rising anytime.

She said the price is rising day in day out from three years ago, recalling that the price had skyrocketed from just N5,500 per bag.

“Ironically, this price of BUA plower has skyrocketed just three years ago when a bag of flour was just N5,500. The price keep going higher

“I have now bought a bag of flour at N34,500. We therefore call on the BUA company to reduce the price of flour as we heard that he reduced the price of s bag of sugar,” Iyami appealed.

Efforts to reach BUA company proved abortive as a major dealer in the state, who was speaking on behalf of the company said he could no longer speak now.

Continue Reading

Trending

%d bloggers like this: