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DANGOTE EMERGES WINNER AT THE 2018 NIGERIAN RISK AWARDS

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Dangote Group has emerged winner of the 2018 prestigious Nigerian Risk Award (NRA) which recognizes organizations who have made measurable impact within their sector through the effective application of good governance, risk management and internal control systems and strategies.

 

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The award was on Thursday, September 6, 2018 conferred on Dangote at the Fourth NRA summit attended by top executives of both public and private sector was chaired by the Pro-Chancellor and Ex-Chairman of the Governing Council, Lagos Business School and Pan-Atlantic University, Dr. Christopher Kolade and recognized other individuals and organizations across – Banking and Investment; Insurance and Pension, telecoms and Media Service, Oil and Gas Services sectors.

 

Dangote Group was shortlisted for the award by a panel of judges made up of 14 risk management professionals and academics across 4 countries including – Nigeria United Kingdom, United States of America and Denmark.

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According to NRA co-chair Mr. Tunde Popoola, the panel of judges responsible for assessing all entries for the prestigious award, assessed all entries based on four criteria and went further to include a fifth and evidence-based metric to the selection process, further streamlining the process and ensuring winners have demonstrated actual value in the context of an overall risk management programme.

 

He said “This year’s award recognizes organizations that have successfully integrated and promote risk management culture and practices. The decision-making process is merit driven and a new metric was introduced to attest the evidence of success made by organizations. This changed the outcome significantly as quiet a lot of companies applied but failed on the part of providing evidence.”

 

He further said “All 14 judges participated in the assessment process and ranked all entries on response provided on – what was done by the organization in integrating and promoting risk management culture and practices; when it was done; how it was done; what was achieved and the final metric of evidence of result which carried 30% of the entire rating. To win, any organization must score a minimum of 70%.” Dangote Industries Limited emerged as the winner in the Manufacturing, Production and Industry’ category.

 

Receiving the awards, Group Operational Lead, Risk Management of Dangote Group, Mrs. EneniOduwole expressed gratitude to the organizers of the event and the panel of judges who have committed immense resources towards the project, she said “As Africa’s foremost business conglomerate, we understand the importance of integrating a robust and relevant Risk Management practices and we are honoured to receive this award from NRA, a body committed to championing the cause of risk management excellence. The rigorous judging process reaffirms the outstanding Risk Management framework of Dangote Industries Limited towards delivering superior value for our stakeholders, and it further fuels our commitment to do more”

 

Dangote Industries Limited in 2017, became the first manufacturing organization in West Africa to be awarded the ISO 22301 certificate in Business Continuity Management (BCM) following an external audit. ISO certifications are an international benchmark highlighting good business practices and providing a framework for an organization to proactively identify and mitigate current and future threats to business, allowing continuity across its operations and preserving stakeholder value.

 

Other awardees at the summit include – Ex governor of Ondo State, Dr. Olusegun Mimiko for promoting Health, Safety and Emergency Risk Management in Nigeria; Lagos State Emergency Management Agency (LASEMA) for inspiring effective Emergency response in Nigeria; Lagos State Safety Commission (LSSC) for Inspiring Safety practice and education in Nigeria; Association of Enterprise Risk Management Professionals (AERMP) for promoting Risk Management Awareness and  Education in Nigeria; UBA Pensions, IITA and Forte Oil.

 

(L-R) Pro-Chancellor and Ex-Chairman of the Governing Council, Lagos Business School, Dr. Christopher Kolade; Head Construction & Technical Unit, Lagos State Safety Commission , Debite Victoria Olu; Group Operational Lead, Risk Management, Dangote Industries Limited, Eneni Oduwole; Head, Risk Management, NASCON Allied Industries Plc, Adewale Akinwale, during the Risk Award held in Lagos

 

 

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Dangote crashes Diesel price to N1,000 per litre

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Dangote reacts to EFCC’s visit to its Headquarters

Dangote crashes Diesel price to N1,000 per litre

 

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In an unprecedented move, Dangote Petroleum Refinery has announced a further reduction of the price of diesel from 1200 to 1,000 naira per litre.

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While rolling out the products, the refinery supplied at a substantially reduced price of N1,200 per litre three weeks ago, representing over 30 per cent reduction from the previous market price of about N1,600 per litre.

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This significant reduction in the price of diesel, at Dangote Petroleum Refinery, is expected to positively affect all the spheres of the economy and ultimately reduce the high inflation rate in the country.

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Coalition of Civil Society for Good Governance, Others Are Purveyors of falsehood Says AAS Legal Team As Jesam Micheal Exposes Their Sponsors (Video)

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Coalition of Civil Society for Good Governance, Others Are Purveyors of falsehood Says AAS Legal Team As Jesam Micheal Exposes Their Sponsors (Video)

 

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The lawyers of Afriq Arbitrage System, Barr. Obeten and Barr. Henry have called out the Coalition of Civil Society for Good Governance led by Comrade Okpanachi Jacob as Purveyors of falsehood.

 

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This is not unconnected to their ungodly collaboration with individuals like Prince Humble Eteng, Michael Okoh, Okoi Daniels, Engineer Awajioma who have been slammed with a ten million dollar Lawsuit for nefarious activities to injure the longstanding reputation the organisation has maintained on charges bothering on cyber bullying, attempt to life and property, lies and unlawful incitement and instigation against the CEO of the company , Jesam Micheal, his family and organisation.

 

In a global conference on Tuesday, April 16th, 2024, the legal representatives described their actions as inappropriate, unfounded and a campaign of calumny to malign the integrity of the organisation and management.

 

 

According to Barr. Obeten the matter is in court and the security agencies have picked Abayomi Olusesan who has admitted to committing the heinous crime of stealing investors funds to the tune of $87m. So why accuse the CEO, Jesam Micheal of defrauding the company of the said amount?

 

Speaking further, Barr Henry reiterated their stand to take legal actions against the group for being biassed despite knowing the truth and for misleading the general public by allowing themselves to be used by agents of falsehood.

 

In conclusion, the CEO of Afriq Arbitrage System, Jesam Micheal wondered why a reputable group like CCSGG could be used by Prince Humble Eteng, Michael Okoh and others. He showcased the official court documents which confirmed that Abayomi admitted stealing the investors fund to the tune of $87m which he said was also captured in video evidence. He revealed that some of the properties he bought with part of the money has been collected, remaining the main money which he promised to return to the company. However, after being granted bail, he reneged on his promises and was picked up again by the relevant authorities.

Sadly, his cohorts, Prince Humble who is not even an investors connived with MICHEAL OKOH, PRINCE HUMBLE ETENG,OKOI DENOCK, TOCHUKWU NWOYE, DINGCHI YARLING, Engineer Awajioma and Others to fabricate all sorts of lies against Jesam and AAS.

 

” We will not take the laws into our hands but they should be ready to face the wrath of the law of the land. These are the same people who dragged us to the security agencies and when we got there with facts they ran away and became fugitives, Out of frustrations, they devised a kangaroo world press conference to disseminate all manners of fabricated lies and deceits”

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Afriq Arbitrage System Slams $10 million Lawsuit Against Micheal Okoh, Prince Humble Eteng, Hajj Ibrahim, Engineer Awajioma and Others (Video)

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Jesam Micheal, the Rise of the Moon Among Stars, A Game Changer By Femi Oyewale 

Afriq Arbitrage System Slams $10 million Lawsuit Against Micheal Okoh, Prince Humble Eteng, Hajj Ibrahim, Engineer Awajioma and Others (Video)

 

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The board of directors of Afriq Arbitrage Systems after an emergency meeting condemned in strong terms the attitudes of Prince Humble Eteng, Michael Okoh, Okoi Daniels, Engineer Awajioma and others about their nefarious activities to injure the longstanding reputation the organisation has maintained and in a final resolution, resolved that the above parties be sued for defamation and has slammed a ten million dollar lawsuit with a suit number w/2011/2024 against them at the High court of the Federal capital territory in the Abuja judicial division on Monday, April 15th, 2024 on charges bothering on cyber bullying, attempt to life and property, lies and unlawful incitement and instigation against the CEO of the company , Jesam Micheal, his family and organisation.

 

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In the lawsuit through the legal representation of Jesam Michael and AAS by Barrister Ovat the service required the defendants to appear In court within 14 days, else judgement will be issued against them in absentia.

 

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It would be recalled that few days after series of cyber bullying against the CEO of Afriq Arbitrage System, Jesam Micheal and his Family by MICHEAL OKOH, PRINCE HUMBLE ETENG,OKOI DENOCK in collaboration with one TOCHUKWU NWOYE, DINGCHI YARLING, Godwin, Benjamin Uwanga and Findins, Jesam escaped assassination attempt as gunmen numbering over ten, armed with sophisticated weapons invaded his lounge in Lagos seeking for him.

 

Afriq Arbiritage System, Slams $10 million Lawsuit Against Micheal Okoh, Prince Humble Eteng, Hajj Ibrahim, Engineer Awajioma and Others (Video)

 

Information available to us revealed that when the hardened criminals invaded the lounge on Friday, April 5th, 2024 where Jesam was billed to address his workers, they were demanding for him and when they learnt he couldn’t make the meeting as expected, they descended on the staff and customers threatening to kill them in his stead. They also went away with the company’s properties such as laptops, equipment and gadgets of staffers and customers.

 

Micheal Okoh who has been ranting on Social media against the CEO of Afriq Arbiritage System has been exposed along with Prince Humble Eteng, Okoi Denock as partners in crime with Abayomi oluwasesan who is in prison for defrauding the financial platform to the tune of $87 million dollars

 

According to reports, Micheal Okoh is an investor in AAS who has benefited from the scheme and has withdrawn over three thousand dollars which he never disclosed to his gullible followers until the evidence was uncovered and exposed to the community.

 

Aside from that, information revealed that Micheal Okoh, Prince Humble And Okoi Denock have been working in tandem with Abayomi in plotting the loot from AAS and threatening the life of Jesam Michael and his family. In a series of life threatening messages the plotters swear to eliminate him and his family for standing on the path of truth, justice and for arresting Abayomi in recovering the loot. Also, these revelations are not unconnected to the fact that these people engineered Abayomi not to return investors money back to the community.

 

However, the long arm of the law will soon reach them as Abayomi who has willingly confessed to the heinous crime he committed to the company is arrested and taken to court where he is Remanded and Micheal Okoh and his cohorts we learnt are also on the radar of the security operatives for collaboration and cyber bullying.

 

 

 

Sadly, the threat to life of the CEO and his family by these people should not be taken lightly as just as Mr Micheal Okoh said in his video that he will bring him down, same day, gunmen were sent to invade AAS lounge on the same day he was to address his workers for the year.

 

 

According to the security officer of the company, the ugly incident has never happened before on any of their investments until this brazen threats from Mr Okoh and others.

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