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Biodiversity: Dangote Cement partners Agencies, Stakeholders on environmental sustainability

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Dangote Cement Trucks Wrongfully Intercepted In Adamawa

Biodiversity: Dangote Cement partners Agencies, Stakeholders on environmental sustainability

-plants 7,205 trees to commemorate the 2022 Environmental Day

By Olorunfemi Adejuyigbe

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Biodiversity: Dangote Cement partners Agencies, Stakeholders on environmental sustainability

 

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Nigeria’s bid to reduce carbon emissions has received a boost as Pan-African cement manufacturer, Dangote Cement Plc entered into partnership with partnered with the United Nations Environment Programme (UNEP) and National Environmental Standards and the Regulations Enforcement Agency (NESREA) to promote environmental sustainability.

 

In the same vein, Dangote Cement also collaborated with the Lagos Business School Sustainability Centre, and Nigerian Conservation Foundation (NCF) as part of the Company’s initiatives to mark the 2022 World Environment Day in all its 14 production plants in Nigeria and Pan Africa.

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Dangote Cement’s Environment Week programme supports African countries and the Nigeria Sovereign Investment Authority (NSIA) joint venture (JV) agreement to invest in carbon avoidance and offsetting projects.

In carrying out the initiatives, Dangote Cement engaged experts to build the capacity of employees, local communities and other stakeholders on biodiversity conservation and progressive reclamation of mining sites. Other topics addressed were soil rehabilitation and carbon mitigation. The company also set up a biodiversity garden at one of its mines in Nigeria to serve as model.

 

 

 

 

 

 

 

 

 

 

 

The Group Managing Director of Dangote Cement Plc, Mr Michel Puchercos noted that the company demonstrated support for governments’ efforts by contributing climate solutions that would reduce Nigeria’s carbon emissions.

The World Environment Day featured a web forum entitled ‘Only one Earth: Conserving the Values of Biodiversity’. It centered on the need for humans to make deliberate efforts to save the earth by conserving biodiversity. The forum brought together about 560 participants from the manufacturing and extractive industries, academia, government agencies, international agencies, civil society (NGOs), media, and environment enthusiasts across Africa.

 

 

 

 

 

 

 

 

 

 

The Head of Sustainability, Dangote Cement Plc, Dr Igazeuma Okoroba gave insights into the activities of Dangote Cement during the forum stating that the organisation is complementing government efforts through collaboration with stakeholders in civil society and industry. She noted that as Africa’s leading business, the “World Environment Day commemoration avails us the opportunity to create awareness on sustainability initiatives to conserve the earth and maintain the values of biodiversity.” According to Dr Okoroba, the initiatives were “aimed at entrenching sustainability consciousness across the business’ value chain. One of the ways Dangote Cement seeks to achieve this is by complying with rehabilitation plans and exploring ways to protect the ecosystem in the communities where we operate.”

 

Speaking on World Environment Day, the Head of Environment and Social Performance, Dangote Cement Plc, Engr Tukur Lawal said the objective of the initiative was to make mining sites safe for current and future land use. Specific goals include creating awareness amongst mining personnel, enabling mining stakeholders to understand the processes of identifying and evaluating species, flora and fauna for climate risk management.

 

 

 

 

 

 

 

 

 

Adducing reasons on why Dangote Cement is taking the challenge, Engr. Lawal asserted that “The company is ready to engage with stakeholders to conserve biodiversity, mitigate carbon emission and make the environment safer”.

 

In line with this year’s theme ‘Only One Earth’, not less than 1,708 Dangote employees volunteered with 1,186 third-party volunteers whom contributed 12,658 hours in 46 different initiatives across 10 pan-African countries.

 

 

 

 

 

 

 

 

 

 

The World Environment Day also featured a web forum on “Only One Earth: Conserving the Values of Biodiversity”, which was hosted by Dangote Cement in collaboration with the Lagos Business School Sustainability Centre.

 

The forum brought together participants from private sector, government agencies, international agencies and nonprofits across Africa. Topics discussed centered on the need to remedy the changing ecosystem as humans must make deliberate efforts to protect the planet. Speakers submitted that sustainable land management should be a priority for industry. Businesses whose activities affect soil and biodiversity should restore the soil by funding recycling, ensuring green development, and supporting the natural habitat and developers’ who integrate biodiversity in pre and post-development.

 

 

 

 

 

 

 

 

 

In other contributions at the webinar, Dr Igazeuma urged the participants to draw lessons from Dangote Cement in the alignment of UN SDGs to Corporate Social Responsibility programming. “An example in this regard is the planting of 510,636 trees which support carbon sequestration and the company’s investment in recycling waste for alternative fuels which supports SDG 13. Dr Okoroba also announced the release of the Dangote Cement’s 2021 Sustainability Report, which was published in accordance with GRI Sustainability Reporting Standard and assured by an independent consultant.”

 

An impact report released at the end of the forum indicated that participants advocated that biodiversity loss should be mitigated through collaboration with government environment agencies, local communities, NGOs and educational institutions. Greater awareness is also needed for the public to understand the species of plants and animals that need not be consumed to extinction.

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You’re wicked,$720k for school fees in advance,”U dey take Kogi people play football” -prophet Ikuru

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By Collins Nkwocha

The prophetic Hall of fame, prophet Godwin Ikuru of Jehovah Eye Salvation Ministry, Lagos has reiterated that the former governor of Kogi state, Yaya Bello is a heartless, callous and wicked criminal that shouldn’t be allowed to go unpunished.

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This is coming after the latest revelation that Bello withdrew $720k from the state funds to pay for his child’s school fees in advance by the EFCC chairman.

The handsome prophet who was visibly annoyed with the revelation by the EFCC boss said ” yaya Bello don pocket Kogi people so Tay e dey take them play football, this is wickedness,you have embezzled to the level that you don’t even know what else to use to embezzle anymore that you had to withdrew $720k for your child’s school fees in advance,you should be ashamed of yourself”.

He praised the EFCC chairman for doing a good job and helping the nation to recover her looted resources.He praised the president, Bola Ahmed Tinubu for helping the nation in the fight against corruption.

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Keep your mouth shut, you are the real criminal, you don’t have respect for elders, Prophet Ikuru blasts Yahaya Bello

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By Collins Nkwocha

 

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The prophetic Hall of fame, prophet Godwin Ikuru of Jehovah Eye Salvation Ministry, Lagos  has blasted the former governor of Kogi state, Yaya Bello for evading arrest and making nasty comments about the government and EFCC.

 

The prophet was visibly angry that Bello went into hiding and started attacking the government and EFCC with nasty words.He said “yaya Bello does not have respect for elders,in facts he’s not fit to contest for any political position in Nigeria or hold any political position in Nigeria anymore, he’s a real criminal,yet, he’s still talking, he doesn’t not have respect for elders.Ododo should also be punished for aiding a criminal”

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Bello was declared wanted by EFCC after evading arrest, he’s been on fugitive since then,many people advised him to submit himself for investigations and clarifications.Nigerians are eagerly waiting to see how this saga will end.

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Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector, Aiming to Attract $10 Billion Investment

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Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector, Aiming to Attract $10 Billion Investment

Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector, Aiming to Attract $10 Billion Investment

 

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… as FG endorses consolidated guidelines

 

 

 

 

 

 

 

 

 

Sahara Weekly Reports That Today, in a move to further revitalise the oil and gas industry’s contribution to the Nigerian Economy, Wale Edun, OFR, Minister of Finance and Coordinating Minister of the Economy, presided over a signing ceremony at the Federal Ministry of Finance headquarters in Abuja endorsing the Consolidated Guidelines for the implementation of Fiscal Incentives for the Oil & Gas Sector – a cornerstone of the Presidential Directive aimed at enhancing the Nigerian oil & gas sector’s global competitiveness whilst stimulating economic growth.

 

 

 

 

Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector, Aiming to Attract $10 Billion Investment

 

 

 

 

 

As disclosed during the signing, the Presidential Directives were developed and coordinated by the Special Adviser to the President on Energy, Mrs. Olu Verheijen to ensure a competitive framework for the Nigerian oil & gas industry. These Consolidated guidelines for the fiscal incentives are based on extensive collaboration across Finance and Petroleum Ministries and involved several key regulatory bodies including the Federal Inland Revenue Service (FIRS), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

 

According to Mrs. Verheijen, these new measures have been designed to deliver a competitive Internal Rate of Return (IRR) for Oil & Gas Projects and attract over $10 billion in new investments within the next 12-18 months. They also underscore Nigeria’s commitment to reaching its long term oil production target of 4 million barrels per day whilst enhancing the reliability of gas supply for to boost export earnings and fuel Nigeria’s industrialization.

 

Mrs. Verheijen disclosed that among the guidelines signed were the NUPRC Guideline on Hydrocarbon Liquids Content in a Non-Associated Gas (NAG) Field, essential for accurately categorising and quantifying the hydrocarbon liquid content in these fields. Additional guidelines focused on the applicability of tax credits and allowances for Non-Associated Gas Greenfield Development and the Midstream Capital and Gas Utilization Allowance, providing taxpayers with clarity on the computation of these benefits.

 

HM Edun, in his remarks, thanked President Bola Ahmed Tinubu for signing the directive in February 2024 to engender growth in the Nigerian oil and gas sector, which had stagnated for over the last decade. He also emphasised the potential of the guidelines, saying, “The idea is to create an atmosphere conducive to international competitiveness such that investment comes in. And in this case, we know it’s foreign direct investment”.

 

The signing ceremony was attended by various stakeholders, including NNPC Limited, Oil Producers Trade Section (OPTS) and the Independent Petroleum Producers Group (IPPG), further highlighting Nigeria’s unified approach toward reinvigorating its oil and gas sector.

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