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Lawmakers Back Dangote’s Industrialization Stride

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Aliko Dangote

 

Dangote Group’s industrialization stride in Nigeria has received yet another momentum as federal lawmakers back the company’s stride.

Members of the House of Representatives who visited Dangote Cement Plc in Obajana, Kogi State, expressed their delight at the significant economic impact the company has made in Nigeria’s cement subsector.

Speaking during the visit, Hon. Gaza Jonathan Gbefwi, Chairman of the House Committee on Solid Minerals, who led his team to the Dangote cement plant, emphasized the need for collaboration between Nigeria’s political leaders and investors to drive the country’s industrialization.

He noted that Dangote Cement has paved the way with its substantial investments, job creation, tax contributions, and more.

He emphasized that everyone must work together to ensure Nigeria’s progress.

He stated that the visit by the joint subcommittee on Solid Minerals and Commerce was partly aimed at investigating the reasons behind the current cement prices and collaboratively seeking solutions.

Responding to the visiting lawmakers about the current prices, Mr. Arvind Pathak, Group Managing Director of Dangote Cement Plc, stated that cement inputs are dollar driven except limestone which is found in Nigeria.

Some of these inputs, according to him include: machineries, spare parts, the gas for fuel and Gypsum which is one of the raw materials.

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Mr. Pathak explained that the rise and instability in foreign exchange rates have been significant factors contributing to the current prices of cement products.

He said Dangote Group is Nigeria’s largest employer outside of government.
He also explained that compared to 2021, the salaries of the company’s employees have been increased by 21.3% in 2022 to 47.5% in 2023 and 63.2% in 2024.
The salary increase was meant to meet up the inflation in the country.

Reacting also, Plant Director, Dangote Cement Plc, Obajana, emphasized that the transport segement of the Cement company has introduced CNG trucks to its fleet.

He also said that the company has invested in alternative fuel projects to demonstrate its initiatives to cleanup Nigeria.

The Alternative fuel project uses biomass waste which is blocking the fertile land as a source of clean energy. The ambition of the company is to make Nigeria visible for its contribution towards reduction in Global warming.

Engr  Azad Nawabuddin, who also spoke to newsmen on the sideline of the tour by the lawmakers, said the social intervention schemes of the company run into billions of naira, adding that the company would not rest on its oars.

The Plant Director said that by incorporating advanced technologies and maintenance strategies, Dangote Cement has upheld operational efficiency while upholding its social commitments.

Some of the community related intervention schemes embedded in the Community Development Agreement (CDA), he said, include: provision of scholarship, construction of blocks of classrooms, construction of boreholes, building of hospitals and construction, and rehabilitation road networks.

Engr. Azad Nawabuddin explained that the company has delivered a multimillion naira health facility at Iwaa, one of the mining communities, as well as launched several other empowerment schemes.

He also told newsmen that the Dangote Cement Plc is set to deliver a multimillion naira Aliko Dangote Skills Development Centre in Lokoja, the Kogi State capital.

According to him, the company is one of the biggest tax payers in the country, surpassing the banking sector in 2023.

The lawmakers also visited the Dangote Plant at Okpella Edo State

Plant Director, Dangote Cement Plc, Okpella, Edo State, Engr Ismail Muhammad, said the company has invested hugely in state-of-the art facility in is bid achieve operational efficiency.

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Stampede at Catholic Church in Maitama Claims Ten Lives During Food Distribution

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Ten people have been confirmed dead in a stampede at the Holy Trinity Catholic Church, Maitama, on Saturday, 21st December 2024, during the distribution of food items to vulnerable and elderly individuals.

The unfortunate incident, which occurred around 6:30 am, resulted in the loss of ten lives, including four children, and left eight others injured with varying degrees of severity. Four of the injured have been treated and discharged, while the remaining victims are still receiving medical attention.

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The FCT Police Command, in a statement issued by its spokesperson, SP Josephine Adeh, confirmed the tragedy, extended condolences to the families of the deceased, and wished the injured a swift recovery.

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Port-Harcourt Refinery Fully Operational- Says NNPC

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The attention of the Nigerian National Petroleum Company Limited (NNPC Ltd) has been drawn to reports in a section of the media alleging that the Old Port Harcourt Refinery which was re-streamed two months ago has been shut down.

We wish to clarify that such reports are totally false as the refinery is fully operational as verified a few days ago by former Group Managing Directors of NNPC.

Preparation for the day’s loading operation is currently ongoing.

Members of the public are advised to discountenance such reports as they are the figments of the imagination of those who want to create artificial scarcity and rip-off Nigerians.

 

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Port Harcourt Refinery Halts Production Less Than a Month After Resumption

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Less than a month after the porthacourt  appeared to have resumed production, the facility has stopped working.

It was gathered that the lifting of petrol actually stopped last Friday, December 13, as the 18-arm loading bay of the new Port Harcourt refinery was empty.

While about 18 trucks littered the stretch of the busy road leading to the refinery itself, nine trucks were spotted inside the parking yard, while the loading bay was empty.

Journalists who visited the refinery on Thursday, December 19, 2024, observed that the lifting of Premium Motor Spirit (petrol) had stopped completely.

The depot, which is usually a beehive of activities where tankers scramble for space at the parking yard, was a shadow of itself with literally no vehicular or human activity relating to operations.

This was after $1.5bn was approved in March 2021 and spent on the rehabilitation of the facility.

The inauguration of the 60,000 barrel per day production capacity plant by the Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, on Tuesday, November 26, 2024, was met with celebration and fanfare.

During the re-opening of the facility, there was lifting of petrol to the excitement of the cheering crowd.

However, less than 10 trucks of petrol were lifted that day as against widespread claims that about 200 trucks carried petrol out of the bay.

 

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