Business
RESIDENT CEMENT FACTORY ANNOUNCES NEW CEMENT PLANT IN GWANA DISTRICT BY CHINEDU NSOFOR
RESIDENT CEMENT FACTORY ANNOUNCES NEW CEMENT PLANT IN GWANA DISTRICT
BY
CHINEDU NSOFOR
Bauchi, Nigeria – In a significant development for the industrial landscape of Bauchi State, Resident Cement Factory has unveiled plans to establish a state-of-the-art cement plant in the Gwana District. Group Chairman Dr. Abbas Waziri made the announcement during a meeting with Governor Bala Mohammed, highlighting the factory’s capacity to produce 10 million tons of cement annually. The initiative aims to tackle unemployment and drive economic growth in the area.
Governor Mohammed Expresses Approval and Support
Governor Bala Mohammed has expressed strong support for the project, which has been set in motion following his meeting with the leadership of Resident Cement Company Nigeria Ltd., led by the Commissioner of Natural Resources, Hon. Mohammed Maiwada Bello. Governor Mohammed conveyed his administration’s commitment to leveraging Bauchi State’s natural resources for economic development. “This investment reflects a significant vote of confidence in Bauchi State,” the Governor stated. “As the 4th most investment-friendly state, we are committed to fostering an environment conducive to all forms of investment.”
Economic Impact and Job Creation
The establishment of the cement plant is expected to bring substantial economic benefits to Bauchi State. The Governor emphasized the anticipated job creation and broader economic development that the project promises. The collaboration with Resident Cement Factory aligns with the state’s broader strategy to boost industrial development and enhance economic prosperity.
Partnership with Sinoma Nigeria Company
Dr. Abbas Waziri, Group Chairman of Resident Cement Factory, expressed gratitude for the warm reception and commendable leadership shown by Governor Mohammed. The $500 million project will see Sinoma Nigeria Company, a renowned Korean entity, as the contractors, ensuring the highest standards of construction and operational efficiency. “We are eager to commence this venture, promising an unflinching collaboration between Resident Cement Factory and Bauchi State,” remarked Dr. Abbas Waziri
Exploration and Expansion Plans
Resident Cement Factory is not limiting its activities to Bauchi State alone. The company is currently conducting explorations in Sokoto, Taraba, and Kogi States, aiming to expand its operations and establish the largest cement plant in Nigeria.
Dr. Abbas Waziri: A Visionary Leader
Dr. Abbas Waziri, a distinguished figure in academia, finance, and entrepreneurship, was born and raised in Nigeria. He demonstrated exceptional intellect and determination from a young age, earning a Ph.D. in Pharmacognosy from Ahmadu Bello University (ABU) and a second Ph.D. in Finance and Economy from Harvard University. His academic pursuits laid a solid foundation for his entrepreneurial ventures.
Business Conglomerate
Dr. Waziri is the visionary founder and chairman of a diversified business conglomerate. His enterprises include:
Resident Investment PLC: Aiming to drive sustainable economic growth and empower communities through strategic investments.
Tradomed Pharmaceuticals Group: Focused on integrating traditional medicine into modern healthcare systems.
Kware Cement Company Limited: Set to impact the construction industry with a state-of-the-art cement factory.
Fodio Farms: Dedicated to modernizing farming practices and enhancing food security in Nigeria.
Resident FinTech Limited: A pioneering force in the realm of Financial Technology.
Philanthropy and Social Impact
Beyond his entrepreneurial endeavors, Dr. Waziri is deeply committed to philanthropy and social responsibility. His initiatives support education, healthcare, and community development. His herbal and malaria medicines have been distributed freely to those in need across several Nigerian states, including Bauchi, ensuring that his philanthropic efforts provide tangible benefits to society.
Legacy and Impact
Dr. Waziri’s multifaceted career exemplifies a rare blend of academic excellence, entrepreneurial vision, and social responsibility. His contributions have left an indelible mark on the Nigerian economy and society at large. As a thought leader and philanthropist, Dr. Waziri remains committed to advancing knowledge, fostering innovation, and creating opportunities for prosperity.
Conclusion
The establishment of the new cement plant by Resident Cement Factory marks a significant milestone for Bauchi State, promising economic growth, job creation, and enhanced industrial development. With the unwavering support of Governor Bala Mohammed and the visionary leadership of Dr. Abbas Waziri, the future looks bright for this transformative project.
Business
PUBLIC NOTICE*: Revalidation of UNIPGC Organizational Status
*PUBLIC NOTICE*: Revalidation of UNIPGC Organizational Status
To prevent any misunderstanding regarding our affiliation with the United Nations, we hereby provide a formal clarification on the status and identity of the United International Peace and Governance Council (UNIPGC), formerly known as IPGC.
UNIPGC is an independent Civil Society Organization and Non-Governmental Organization with continental chapters registered in the United States, Germany, Canada, and several countries across Africa. The organization is committed to promoting the values and principles of the United Nations, particularly in advancing Sustainable Development Goal 16 (Peace, Justice, and Strong Institutions), as well as advocating for good governance globally.
In furtherance of its mandate, UNIPGC has established partnerships with reputable diplomatic civil society organizations, including the United Nations Association of Nigeria and the United Nations Association of Ghana. These collaborations are aimed at strengthening its engagement with initiatives aligned with United Nations ideals.
Additionally, UNIPGC has entered into diplomatic relations with the International Organization for Economic Development (IOED), an Intergovernmental Organization (IGO), to enhance its capacity for international cooperation and diplomatic engagement.
We wish to clearly state that UNIPGC is **not** an entity, agency, or organ of the United Nations.
Members of the public and media practitioners are respectfully advised to refer to the organization by its full and correct name: **United International Peace and Governance Council (UNIPGC)**, and not as the United Nations.
Thank you.
Business
Laffmattazz Announces Strategic Partnership with First Bank of Nigeria Limited for 2026 International Tour
Laffmattazz Announces Strategic Partnership with First Bank of Nigeria Limited for 2026 International Tour
Laffmattazz, one of Nigeria’s foremost comedy and live entertainment brands, is pleased to announce its official partnership with First Bank of Nigeria Limited for the highly anticipated Laffmattazz 2026 International Tour, themed “Next Chapter: A New Season of Laughter.”
Now in its 15th year, Laffmattazz—the brainchild of renowned Nigerian comedian Gbenga Adeyinka (Gbenga Adeyinka 1st)—has evolved into a cultural phenomenon, celebrated for its seamless fusion of comedy, music, and live stage performances.
The 2026 tour, which kicked off on Easter Sunday, April 5th, 2026 at the Jogor Centre, Ibadan, marks a significant milestone in the brand’s journey. Building on over a decade of success across Nigeria, this year’s edition signals a bold expansion into the international market, with a multi-city run in Canada, alongside major stops in Akure, Abeokuta, and Lagos.
This strategic partnership with First Bank of Nigeria Limited underscores a shared commitment to excellence and innovation. It is also aligned with FirstBank’s First@Arts initiative—a significant and ongoing program dedicated to supporting the creative arts, entertainment, and cultural sectors. Through this initiative, FirstBank provides financing, advisory services, and actively fosters a sustainable value chain for artists and creative entrepreneurs, while supporting key industry platforms such as the Nigerian Entertainment Conference.
Speaking on the collaboration, the Laffmattazz team stated:
“We are delighted to welcome First Bank of Nigeria Limited as a strategic partner for the Laffmattazz 2026 International Tour. As we mark 15 remarkable years of Laffmattazz, this partnership reinforces our vision to take premium Nigerian entertainment beyond borders, while delivering even bigger, better, and more memorable experiences for our audiences.”
As a key partner, First Bank will enrich the tour through innovative customer engagement initiatives, experiential activations, and exclusive fan experiences across all tour locations.
With its distinctive blend of humor, culture, and live entertainment, the Laffmattazz 2026 Tour is poised to connect audiences across cities and continents, bringing laughter to thousands of fans worldwide.
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About Laffmattazz
Laffmattazz is a premier Nigerian comedy and entertainment brand, now in its 15th year, renowned for its vibrant live shows and nationwide tours. Founded by Gbenga Adeyinka 1st, the brand continues to deliver high-quality experiences that celebrate creativity, culture, and laughter.
About First Bank of Nigeria Limited
First Bank of Nigeria Limited is Nigeria’s oldest financial institution, widely respected for its legacy of trust, innovation, and customer-centric financial solutions that support economic growth and development. Through its First@Arts initiative, the Bank continues to play a pivotal role in empowering the creative industry and driving sustainable growth across the sector.
Business
MREIF is Better: FirstBank’s Mortgage Loan Is the Game-Changer for Home Ownership in Nigeria
MREIF is Better: FirstBank’s Mortgage Loan Is the Game-Changer for Home Ownership in Nigeria
Anyone who has tried to get a loan to buy a house in Nigeria knows the drill: endless forms, property valuation, and eventual down payment of a minimum 25% or more on the property. Sometimes, interest rates could go as high as 30% per annum, while the typical loan limit is N50 million.
Now, FirstBank is making homeownership more attractive.
FirstBank, in partnership with the Ministry of Finance Incorporated (MOFI), has introduced the MREIF Home Loan. MREIF loan is a game-changer, offering a single-digit interest rate of 9.75% per annum, with a loan amount of up to ₦100 million and a repayment period of up to 20 years. This is perfect for salaried individuals, including Nigerians in the diaspora, looking to purchase homes in approved locations.
The MREIF loan stands out with its lower interest rate, higher loan amount, and flexible equity contribution as low as 10%. This makes it an attractive option for those seeking affordable homeownership.
You are one quick decision away from being a landlord.
If you’ve been waiting for the right time to buy a home, FirstBank’s MREIF Home Loan is the smartest route to owning property in Nigeria today. Visit the FirstBank website https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/ to get started.
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