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Dangote committed to Bridging Unemployment Gap

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Dangote committed to Bridging Unemployment Gap

…as LCCI commends its impact                                  

 

 


Dangote Industries Limited has restated its commitment to contributing to significant reduction in the number of unemployed Nigerians even as the Lagos Chamber of Commerce & Industry lauded the indigenous conglomerate spread across Africa.

 

Speaking at the Dangote Special Day, at the on-going 2021 Lagos International Trade Fair, Group Executive Director, Commercial Operations, Hajiya Halima Aliko-Dangote stated that the nation’s foremost conglomerate intends to achieve the goal through its various investment projects spread across the nation.

 

Halima Aliko-Dangote who was represented by the Group Chief Commercial Officer, Dangote Industries Limited, Rabiu Umar said that the Group is committed to the ameliorating the sufferings in the society especially in the reduction of unemployment, hence the huge sums being invested in various projects across Nigeria.

 

He stated that the Group’s interest is beyond profit making but to supporting government in job creation, reducing poverty, and engaging in unprecedented philanthropy, adding that outside of government, the Dangote Group is the biggest employer of labour in Nigeria. 

Rabiu said that farmers were excited over the new fertiliser product, which is already in the market, both locally and internationally. 

 

On the Group’s participation at the Trade Fair, he said “Our participation at all major trade fairs across the country is a means of demonstrating our firm belief that Chambers of Commerce and Industry occupy a unique position in driving economic development through their activities. According to him, the essence of Lagos International Trade Fair 2021 is woven around the caption, ‘Connecting businesses, creating value’, is consistent with our drive for innovation and value creation across Africa. This informed our belief that participating in this Trade Fair helps us connect to our customers who may not have had the opportunity to visit our offices.” 

 

He added “Our expectation therefore is that through this Trade Fair, we will be able to further expand awareness for our innovative products, generate sales, get prospective buyers, improve the image of our brands and open up new markets that will further translate to job creation and overall economic development.”

 

He called on participants to visit the Dangote Stand as all our participating companies, Dangote Cement, Dangote Fertiliser, Dangote Sugar Refinery and NASCON are sharing the stand, creating a one-stop shop for people wishing to make enquiries on our products. 

 

He added that early this year Dangote emerged as Africa’s Best Brand in a competitive selection process by Brand Africa 100, saying that “The Africa’s Best Brand Award was in recognition of our customer-friendly products. The recognition has gingered us to do more. We have won the most valuable brand award in Nigeria for the fourth consecutive year.”

 

Lauding the Group’s participation at the Fair, the President of Lagos Chamber of Commerce and Industry (LCCI), Mrs Toki Mabogunje stated “The Dangote Group has been part of the LITF as an exhibitor, sponsor, and partner over the years. The Group’s products and services have touched the lives of millions of people across the African continent and beyond. 

 

“We are proud to be associated with the Dangote Group in all its endeavours to cater to the needs of the rich and the poor in several climes.”

She noted that the home-grown Nigerian company has become a household name across the African continent having a presence in many countries in Africa

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Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

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Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

 

 

…As Dangote Refinery partners MRS to sell PMS at N935 per litre nationwide at its retail outlets

 

 

Sahara Weekly Unveils That The Foremost entrepreneur and President of the Dangote Industries Limited, Aliko Dangote has commended President Bola Ahmed Tinubu for the positive impact of the naira for crude swap deal on the Nigerian economy, which has led to reduction in prices of petroleum products in the country.

 

Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

 

To provide succour to Nigerians, Dangote recently reduced the price of Premium Motor Spirit (PMS) from N970 to N899.50 at its Refinery loading gantry and provided generous credit terms to marketers.

 

 

“To ensure that this price reduction gets to the end consumer, we have signed a partnership with MRS to sell petrol from its retail outlets nationwide at N935 per litre” he added. This price has already commenced in Lagos, and it will be offered nationwide from Monday.

 

 

In his statement, he called on other oil marketers such as the NNPC Retail and all other marketers, “to work with us to ensure that Nigerians enjoy high-quality petrol at discounted prices.”

 

 

According to him, “The Dangote Refinery is for the benefit of Nigeria and Nigerians. We will therefore continue to work with various value chain players to deliver high quality petrol at cheaper prices. Our aim is for all Nigerians to have ready access to high quality petroleum products that are good for their vehicles, good for their health, and good for their pockets.

 

 

Recall that in September, the Federal Executive Council (FEC) under the leadership of Mr. President approved the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira. The move, which commenced on October 1, led to reduced pressure on the dollar and ensured the stability of the local currency.

 

 

Dangote thanked Nigerians for their unwavering support and the government for creating an enabling environment for the domestic refining industry.

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Port Harcourt Refinery Stays Active: NNPC Denounces Sabotage Rumors

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Port Harcourt Refinery Stays Active: NNPC Denounces Sabotage Rumors

NNPC Debunks Shutdown Rumors, Confirms Port Harcourt Refinery Fully Operational

 

The Nigerian National Petroleum Company Limited (NNPC Ltd) has dismissed reports circulating in certain media outlets claiming that the Old Port Harcourt Refinery, which was re-streamed two months ago, has been shut down.

In a statement released by Olufemi O. Soneye, the Chief Corporate Communications Officer of NNPC Ltd, the company clarified that the refinery is fully operational. The statement noted that the facility’s operational status was recently verified by former Group Managing Directors of NNPC during a site inspection.

“Preparation for the day’s loading operation is currently ongoing,” the statement confirmed, emphasizing that allegations of the refinery’s shutdown are baseless and intended to create panic or artificial scarcity in the fuel market.

NNPC Ltd urged members of the public to disregard such misleading reports, labeling them as the work of those seeking to exploit Nigerians.

The Old Port Harcourt Refinery has been in operation since its re-streaming, and the company remains committed to ensuring stability in the supply of petroleum products across the country.

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Nigerian Banks Donate Multimillion Naira Relief Materials to Jigawa Flood Victims

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Nigerian Banks Donate Multimillion Naira Relief Materials to Jigawa Flood Victims

In a show of solidarity, the Committee of Banks in Nigeria has extended a helping hand to victims of the September 2024 floods in Jigawa State. On Thursday, a high-profile delegation led by Dr. Oliver Alawuba, Chairman of the Committee and Group Managing Director/Chief Executive Officer of United Bank for Africa Plc (UBA), visited Dutse, the state capital, to present relief materials to the state government.
The donated items, worth several million Naira, included essential food supplies such as rice and cooking oil, along with mattresses and beverages. Dr. Alawuba highlighted that the gesture aimed to alleviate the hardship faced by flood victims and support critical institutions, especially public hospitals, in their efforts to assist those affected.
“We stand in solidarity with the people and government of Jigawa State during this difficult time. This donation is our way of expressing empathy and supporting those who have lost loved ones, properties, and livelihoods,” Dr. Alawuba stated.
The delegation included notable banking leaders such as Mr. Roosevelt Ogbonna of Access Bank Plc, Dame (Dr.) Adaora Umeoji of Zenith Bank Plc, and Dr. (Mrs.) Nneka Onyeali-Ikpe of Fidelity Bank Plc, among others. Their collective presence underscored the banking sector’s commitment to corporate social responsibility and national development.
Governor Malam Umar A. Namadi expressed profound gratitude for the donation, describing the visit as a rare and commendable act of compassion. He assured the delegation that the relief materials would be judiciously distributed to the intended beneficiaries, emphasizing the importance of partnerships in rebuilding lives and communities.
The Committee of Banks also reiterated their commitment to supporting Nigerians during emergencies, drawing attention to previous interventions, including relief efforts during the 2011 and 2013 floods, the COVID-19 pandemic, and security initiatives like the Lagos State Security Trust Fund.
This humanitarian gesture reflects the collective resolve of Nigeria’s financial institutions to foster social and economic growth, making a meaningful impact in times of need.
Nigerian Banks Donate Multimillion Naira Relief Materials to Jigawa Flood Victims

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