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BUA Chairman Promises Nigerians Not To Increase Prices Of Products For Now 

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Abdul Samad Rabiu, Elumelu, Dangote make Tinubu’s economic advisory panel

 

BUA Chairman Promises Nigerians Not To Increase Prices Of Products For Now 

 

 

 

The Chairman, BUA Group of Companies, Alhaji Abdul Samad Isyaku Rabiu, has promised Nigerians that the company will not increase the price of its products now or during the upcoming Ramadan period.

 

 

 

 

 

 

 

The Chairman, Kano Singer Market Association and major commodities dealer, Alhaji Muhammadu Adakawa, disclosed this during a press briefing held in Kano to address the recent increase of prices of products by some companies.
He said the Chairman of BUA Group Companies had reassured him and asked him to tell his customers, and Nigerians that it would maintain the current prices of its products all through the upcoming Ramadan fasting period.

 

 

BUA Chairman Promises Nigerians Not To Increase Prices Of Products For Now 

 

 

 

Alhaji Adakawa also noted that recently some companies have implemented an increase of N1500 on a 50kg of refined sugar but he sought assurance that BUA would not follow suit based on the company’s earlier public promise.
“Therefore, the management has instructed me to let the public know that it will not increase its product’s price now and also through the Ramadan period,” he said.

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The Importance of PVC in Your Building by Dennis Isong

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The Importance of PVC in Your Building by Dennis Isong

 

 

Polyvinyl Chloride (PVC) is a synthetic plastic polymer made from the polymerization of vinyl chloride. It is one of the most widely produced plastics in the world, known for its versatility, durability, and cost-effectiveness. PVC is composed of two basic building blocks: chlorine derived from industrial-grade salt and ethylene, which is obtained from petroleum or natural gas. The result is a highly durable and malleable material that can be manufactured in both rigid and flexible forms.

 

 

In its rigid form, PVC is commonly used in the construction industry for pipes, window frames, doors, and other structural applications. In its flexible form, it is used for a variety of purposes such as electrical cable insulation, flooring, and roofing membranes. Its resistance to environmental degradation, chemicals, and moisture makes PVC an ideal choice for many building applications.

 

 

How PVC Gained Popularity in Nigerian Buildings

 

PVC’s rise to prominence in Nigeria’s building industry can be traced back to the late 20th century, when there was a growing demand for affordable and durable construction materials. Prior to the widespread use of PVC, Nigerian construction largely relied on traditional materials such as wood, metal, and concrete, each of which had its own set of limitations.

Wood, while aesthetically pleasing, was susceptible to termites, rot, and warping, especially in Nigeria’s humid climate. Metal was prone to rust and corrosion, and concrete, though strong, was often expensive and difficult to mold into intricate shapes.

As the Nigerian economy began to grow, driven by oil revenues and urbanization, there was a push to modernize infrastructure and housing. PVC emerged as a solution to many of the challenges posed by traditional materials. Its versatility, affordability, and resistance to environmental factors made it an attractive option for builders and architects. The ability to mass-produce PVC products also meant that they could be made available to a broader market at lower costs.

PVC’s popularity further soared with the advent of PVC ceiling panels, doors, and windows, which became common features in Nigerian homes and commercial buildings. These products offered a modern look, were easy to maintain, and provided a practical alternative to more expensive materials. Over time, the use of PVC expanded to other areas such as plumbing, wiring, and interior finishes, cementing its place in Nigeria’s construction industry.
Importance of PVC

The importance of PVC in building construction cannot be overstated. Its role in modern architecture and construction has transformed the way buildings are designed and built. Below are some of the key reasons why PVC is so crucial in construction:

1. Cost-Effectiveness: One of the main reasons for PVC’s widespread use is its cost. Compared to traditional materials like wood, metal, and glass, PVC is relatively inexpensive. This affordability allows builders to keep construction costs down while still maintaining quality.

2. Durability: PVC is resistant to weathering, chemicals, and corrosion, which makes it ideal for use in harsh environmental conditions. Whether it’s the humid climate of Lagos or the dry heat of the northern regions, PVC products are built to last, reducing the need for frequent replacements.

3. Versatility: PVC can be molded into various shapes and sizes, making it suitable for a wide range of applications. From pipes and fittings to window frames and ceiling panels, the material can be used in almost every aspect of building construction.

4. Low Maintenance: PVC requires minimal maintenance. It does not need painting, polishing, or sealing, unlike wood or metal. This reduces the long-term costs associated with building upkeep.

5. Energy Efficiency: PVC’s insulating properties make it an excellent choice for windows and doors, helping to maintain indoor temperatures and reduce energy consumption in buildings.

6. Safety: PVC is a safe material for use in construction. It is fire-resistant and does not ignite easily. In the event of a fire, PVC products tend to self-extinguish, reducing the spread of flames.

7. Environmental Impact: Although PVC is a plastic, advancements in recycling technology have made it possible to recycle PVC products, reducing their environmental footprint. Many PVC manufacturers are now producing eco-friendly options that are made from recycled materials.
Advantages of PVC
PVC offers numerous advantages that make it an attractive choice for builders, architects, and homeowners alike:

1. Lightweight: PVC is much lighter than traditional building materials like wood or metal. This makes it easier to transport, handle, and install, reducing labor costs and construction time.

2. Water Resistance: PVC’s inherent resistance to moisture makes it an excellent material for use in plumbing and roofing applications. It does not rot or degrade when exposed to water, ensuring long-lasting performance in wet conditions.

3. Chemical Resistance: PVC is highly resistant to chemicals, acids, and alkalis, making it suitable for use in industrial applications where exposure to harsh substances is common.

4. Aesthetic Appeal: PVC products are available in a variety of colors, textures, and finishes, allowing builders to achieve the desired aesthetic look for their projects. Whether it’s a glossy finish for modern interiors or a wood-grain texture for a classic look, PVC offers endless design possibilities.

5. Noise Insulation: PVC’s insulating properties extend beyond just thermal insulation. It also provides excellent noise insulation, making it ideal for use in windows, doors, and walls to create a quieter indoor environment.

6. Recyclability: PVC is one of the few plastics that can be recycled multiple times without losing its properties. This makes it a more sustainable choice compared to other plastics, which often degrade in quality with each recycling cycle.

7. Flexibility: Flexible PVC can be used in applications where traditional rigid materials would not be suitable. This includes electrical cable insulation, flooring, and flexible piping.
Disadvantages of PVC
While PVC offers many advantages, it also has some drawbacks that should be considered:

1. Environmental Concerns: The production of PVC involves the use of chlorine, which can release harmful chemicals if not managed properly. Additionally, the disposal of PVC products at the end of their life cycle can pose environmental challenges, as they do not biodegrade easily.

2. Toxicity: When PVC is burned, it can release toxic fumes, including dioxins, which are harmful to both human health and the environment. This makes the improper disposal of PVC products a significant concern.

3. Limited Temperature Resistance: While PVC is resistant to many environmental factors, it has a limited temperature range. Exposure to extremely high or low temperatures can cause PVC to warp, crack, or become brittle.

4. Not as Strong as Metal: Although PVC is durable, it is not as strong as materials like steel or aluminum. For applications that require high structural strength, PVC may not be the best choice.

5. Plastic Appearance: Despite advances in design, some people still perceive PVC as having a “plastic” look, which may not be desirable for certain high-end or luxury applications.

6. Potential for Degradation: Over time, PVC can degrade when exposed to UV radiation from the sun. This can cause discoloration, brittleness, and a loss of structural integrity, especially in outdoor applications.

Conclusion
PVC is a valuable material in the building industry, offering a balance of cost, performance, and versatility. As the construction landscape continues to evolve, the use of PVC is likely to remain prominent, especially with ongoing advancements in recycling and sustainable production methods. Builders, architects, and homeowners must weigh the benefits and disadvantages of PVC to make informed decisions that align with their specific needs and environmental considerations.

For personalized assistance with your property needs, contact Dennis Isong, a top Lagos realtor specializing in helping Nigerians in the diaspora own property stress-free.

Contact: +2348164741041

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Unmasking the Maltese Cross of Corruption* By Arnold Owie

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*Unmasking the Maltese Cross of Corruption*

By Arnold Owie

 

A national scandal has unfolded with the revelation of substandard petroleum products being imported into Nigeria, linked to a shadowy oil blending plant in Malta. Leaked documents and interviews expose a complex web of corruption involving NNPC personnel, oil traders, and terminal operators. Matrix Energy, owned by Abdulkabir Adisa Aliu, a member of the Presidential Economic Coordination Council (PECC), is at the center of this scandal. The company has been importing low-grade petroleum products from Russia, blending them in Malta, and selling them in Nigeria.

Aliu’s actions demonstrate a disregard for the Nigerian people’s welfare. Matrix Energy’s logistical infrastructure suggests a deliberate attempt to undermine local refinery efforts, ensuring continued importation of inferior fuel products. The allegations against Aliu are severe, including securing preferential access to crude oil cargoes and trading them through a UAE-based entity.

The Malta saga is a damning indictment of the entire system, with Farouk Ahmed and Mele Kyari facing scrutiny for their alleged complicity. The NNPC’s failure to curb substandard fuel imports is a testament to its incompetence or complicity, betraying public trust and national pride.

The exposé’s severity is heightened by Russia’s expulsion from the SWIFT global banking network, making oil and gas dealings between Nigerian entities and Russian refineries illicit. Shipping data reveals a disturbing trend: 15,000 tons of petroleum products were transloaded onto the ‘Matrix Triumph’ vessel on June 16 and discharged at Matrix Jetty in Warri on June 21 without rectification, implying toxic diesel is being sold to unsuspecting Nigerian consumers.

The House of Representatives’ visit to the Dangote Refinery on July 20, 2024, confirmed Matrix Energy’s importation of subpar diesel. Diesel samples from Matrix filling stations had a sulphur content exceeding 2,653ppm, far surpassing the 50ppm requirement. Aliko Dangote presented findings from an exhaustive analysis of diesel samples, revealing alarming sulphur content levels. The testing, conducted at Dangote Refinery’s state-of-the-art laboratories, employed precise protocols to measure total sulfur content in petroleum products.

Dangote revealed that the diesel samples were purchased in the presence of lawmakers, ensuring transparency and accountability. The test results showed that his refinery’s diesel boasted an exemplary quality, with a sulfur content of 600-650 ppm initially, and a remarkable 87 ppm currently. In stark contrast, the samples from TotalEnergies and Matrix Retail exhibited alarmingly high sulfur concentrations of 1,829ppm and 2,653ppm, respectively.

These findings corroborate the disturbing fact that certain companies have been peddling diesel with sulfur levels exceeding 2,000 parts per million, indicative of off-spec, adulterated products sourced from Russian refineries and purportedly “corrected” at blending plants in Malta and Lome. However, instead of rectifying the subpar fuel, a large-scale adulteration scheme was perpetrated, thereby posing grave dangers to the lives of consumers.

A report by Stakeholder Democracy Network (SDN), a non-governmental not-for-profit organization, said it appears to be easy for sub-standard fuel imports to enter Nigeria. “So it is probable that large volumes of fuel consumed are of poor quality, causing significant damage to public health, engines, and the environment. “This contributes to air quality levels that cut life expectancy by 4.7 years in the Niger Delta, the worst hit area across the African continent,” SDN said in its report.

The diesel produced locally in Nigeria is of a significantly higher quality than the fuel blended in Malta. This fact alone underscores the criminal nature of this operation. By importing inferior fuel, these unscrupulous individuals are not only defrauding the Nigerian government but also endangering the lives of millions of Nigerians. The long-term damage to vehicles and other machinery caused by these substandard products is incalculable.

In contrast to the greed and avarice displayed by those involved in the Malta saga, the figure of Alhaji Aliko Dangote stands tall as a beacon of patriotism and entrepreneurial spirit. Dangote’s strong commitment to building a world-class refinery in Nigeria is a testament to his belief in the potential of his country. Despite facing numerous obstacles and setbacks, he has persevered in his efforts to create jobs and generate wealth for the Nigerian people. Dangote’s refinery represents a tangible solution to the perennial fuel crisis and a catalyst for economic growth.

It is no coincidence that those involved in the Malta saga are vehemently opposed to Dangote’s refinery project. Their business model relies on the continued importation of substandard fuel, a practice that would be rendered obsolete by the existence of a local refinery. The Maltese cross of corruption is a formidable obstacle, but Dangote’s determination, coupled with the support of the Nigerian people, can overcome it.

This despicable scandal necessitates a prompt and resolute response from the government, entailing a comprehensive and unbiased investigation to hold accountable those responsible for these reprehensible actions. A radical overhaul and restructuring of the NNPC is imperative to prevent the recurrence of such abuses of power and ensure transparency. Moreover, the government must foster a conducive environment, conducive to the growth and prosperity of local refineries, thereby safeguarding our economy from the pernicious influence of saboteurs and revitalizing our oil and gas sectors with utmost haste.

Consequently, Male Kyari must be forthwith stripped of his position, while Adisa Aliu must be subjected to a meticulous and thorough investigation regarding his involvement in these sham dealings. The Nigerian populace deserves a government firmly committed to their welfare, and a petroleum sector distinguished by transparency, efficiency, and accountability.

The laxity in regulating fuel quality poses a grave and formidable health risk to the citizens of Nigeria, underscoring the imperative for a government that prioritizes their well-being. The Malta saga serves as a stark reminder of the formidable challenges confronting Nigeria, yet simultaneously presents an opportunity for transformative change. By unmasking the entrenched corruption and collusion that has long plagued the oil and gas sector, this scandal can catalyze a paradigm shift, heralding a new era of reform and accountability.

The Maltese saga Is a dark chapter in Nigeria’s history, but it can also be a turning point. By exposing the corruption and greed that have plagued the oil and gas sector, this scandal offers an opportunity to build a better future. A future where the nation’s resources are used for the benefit of its people, not the enrichment of a few.

Only by taking these steps can Nigeria hope to break free from the stranglehold of corruption and build a brighter future for its citizens.

Owie is an oil and gas expert writing from the United Kingdom.

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Adron Homes Energizes Youth Workforce, Trains 3,000 in Capacity-Building at Mid-Year Convention

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Adron Homes Energizes Youth Workforce, Trains 3,000 in Capacity-Building at Mid-Year Convention

 

 

 

 

 

 

Sahara Weekly Reports That In a bold move to bolster youth employment and workforce readiness, Adron Homes and Properties has successfully trained 3,000 young people at its Recharged National Convention, a mid-year event designed to enhance capacity-building. The three-day training, which will end this Saturday, is taking place at Adron’s Shimawa training school, marking a significant effort by the real estate company to empower Nigerian youths with the necessary skills for personal and professional growth.

 

 

 

Adron Homes Energizes Youth Workforce, Trains 3,000 in Capacity-Building at Mid-Year Convention

 

 

 

The convention, tagged “Recharged National Convention,” brings together participants from various backgrounds, all with a shared goal of improving their employability and self-development. Through the initiative, Adron has provided intensive workshops, mentorship programs, and skill acquisition sessions focusing on leadership, entrepreneurship, and professional development.

 

In his opening speech tagged “Recharge… Horses of warfare”, the company’s chairman Aare Adetola Emmanuelking, emphasized the importance of equipping the youth with practical skills. “Our goal is to inspire and prepare the next generation to take charge of their futures. We believe in empowering young people through training that not only hones their talents but also instills the values of discipline, teamwork, and innovation.”

 

Participants have expressed enthusiasm about the depth of training they are receiving, noting that the experience has broadened their horizons. “This convention has recharged my confidence and my approach to career challenges,” said one attendee. “The skills I have gained here will enhance my prospects.”

 

Adron’s focus on youth empowerment has been a cornerstone of its corporate social responsibility. By addressing the skill gaps and employment challenges facing young Nigerians, the company aims to drive positive change while contributing to the country’s economic growth.

 

As the program concludes this Saturday, the atmosphere remains one of optimism and excitement. Attendees are leaving with newfound confidence and skills, ready to take on new challenges, proving once again that Adron’s investment in the youth is a step towards a brighter future for all.

 

 

 

Adeboye Abiodun

Digital Operations and Media Relations Officer

Adron Homes and Properties.

08138432335

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