Naija News Today & Breaking News|Saharaweeklyng November 18, 2024

Citizens Should Take Ownership Of The Fight Against Drug Abuse—Marwa

MARWA-Citizens Should Take Ownership Of The Fight Against Drug Abuse

MARWA-Citizens Should Take Ownership Of The Fight Against Drug Abuse Marwa- The Chairman of the National Drug Law Enforcement Agency, NDLEA, General Muhammad Buba Marwa, Ret’d,...

CUSTOMSGATE: $3 BILLION PROJECT RUNS INTO DISPUTE

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President Buhari meets 109 Senators

President Buhari meets 109 Senators President Muhammadu Buhari will tonight at 8 pm meet with the 109 Senators of the National Assembly. ...

Preparation In Top Gear As Warri Awaits New Olu

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olu Of Warri: Preparation In Top Gear As Warri Awaits New Olu

Preparation In Top Gear As Warri Awaits New Olu It is no longer news that the 36-year-old Utieyinoritsetsola Emiko, who emerged as...

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USIFO ATAGA: Nigerians Angry At The Many Lies Of Chidinma (Video)

USIFO ATAGA: Nigerians Angry At The Many Lies Of Chidinma The prime suspect in the gruesome murder of Usifo Ataga, Chidinma Ojukwu...

celebrity radar - gossips3 years ago

Ahmed Musa Picks Another Wife

Super Eagles Player, Ahmed Musa Picks another wife Ahmed Musa Picks Another Wife- The Skillful Nigerian footballer, has reportedly tied the knot for...

Panic As Sporadic Violence Hits Johannesburg

society3 years ago

South Africa: Panic As Sporadic Violence Hits Johannesburg

South Africa: Panic As Sporadic Violence Hits Johannesburg There is palpable fear rocking Johannesburg, South Africa. Reportedly, Sporadic violence has erupted in South Africa, with dozens...

Onyeali-Ikpe’s Seven Point Agenda: Building A Future-Ready Fidelity Bank

Business3 years ago

Onyeali-Ikpe’s Seven Point Agenda: Building A Future-Ready Fidelity Bank

Onyeali-Ikpe’s Seven Point Agenda: Building A Future-Ready Fidelity Bank John C. Maxwell, an American author and speaker, is a widely acknowledged thought leader. Maxwell asserts in...

Billionaire Oil Magnate, Sholaye Jeremi, Celebrates Birthday with Needy, Underprivileged

celebrity radar - gossips3 years ago

Billionaire Oil Magnate, Sholaye Jeremi, Celebrates Birthday with Needy, Underprivileged

Billionaire Oil Magnate, Sholaye Jeremi, Celebrates Birthday with Needy, Underprivileged Right from the start, Sholaye Jeremi has never been the typical anything: billionaire, businessman, or boss...

Community drags Edo Govt To ECOWAS Court Over Alleged Land Grabbing

society3 years ago

ERA REJECTS PASSAGE OF PIB, URGES NASS TO DIVEST PROPOSED FRONTIER BASIN FUND TO RENEWABLE ENERGY DEVELOPMENT

ERA REJECTS PASSAGE OF PIB, URGES NASS TO DIVEST PROPOSED FRONTIER BASIN FUND TO RENEWABLE ENERGY DEVELOPMENT By Elvis Omoregie, Benin Nigeria’s foremost environmental group, the...

…asBUA Chairman, Abdul Samad Rabiu, canvasses for new entrants, more investments, additionalcapacity in the Cement industry Abuja 08jul2021 - BUACement Plc, one of Africa’s largest Cement companies, today held its AnnualGeneral Meeting for the period ended December 31, 2020, whilst paying dividendsof N70billion at N2.067k per ordinary share in a move that shareholdersapplauded. This is coming on the heels of a profitable year for the Cementproducer with a turnover of N204bn and declared Profits After Tax ofN72.3billion in the year under review. Speaking at the AGM, Abdul Samad Rabiu, Chairman of BUACement, whilst addressing shareholders and the press, praised the efforts ofthe Yusuf Binji led management, staff, and customers of the company for ensuringthat BUA Cement remained the cement of choice for quality in Nigeria. In hiscomments on the increased demand for cement which had led to higher retailprices despite significantly lower ex-factory prices, Rabiu canvassed moreinvestments in the cement industry saying that current national productionlevels across were not enough to meet the ever-increasing national demand forcement which was increasing at a rate over 3million metric tonnes per annum. Hetherefore canvassed new investments in the cement sector and encouraged otherinvestors to develop new cement plants. It should be noted that BUA Cement isconstructing a 3million metric tonnes which is expected to come on Stream insokoto by the end of 2021 with new plants already in the works.In his comments, Yusuf Binji, Managing Director of BUACement Plc, said BUA Cement is committed to remaining a value–driven, orientedcompany that prioritizes excellence and product quality. He also added that thecompany was well-poised to sustain current profitability despite the verycompetitive landscape. According to Binji, “Our value proposition, in terms ofproduct and service support offerings has positioned BUA Cement as a marketleader. In addition, we continue to prioritize innovation and continuous improvement,thereby ensuring the continued “fit” of our products to ever-changing customerdemands and needs. We are also investing in the latest plant designs which notonly drive efficiency but translate into value addition to our customers throughthe cost savings derived.BUA Cement Plc is Nigeria’s second-largest cementcompany and the largest producer in its North-West, South-South, and South-Eastregions; BUA Cement operates strategically from Okpella, Edo State andKalambaina, Sokoto State. Currently, the second most capitalized manufacturing companyon the Nigerian Stock Exchange (NSE), BUA Cement is committed to quality - adifferentiating attribute, driven by its people, innovation, and technology;and positioned to solving Nigeria’s cement under capacity while drivingeconomic growth and development.

Business3 years ago

BUA CEMENT HOLDS AGM, DECLARES 72.3BILLION NAIRA PROFITS AFTER TAX, PAYS N70bn DIVIDENDS…

BUA CEMENT HOLDS AGM, DECLARES 72.3BILLION NAIRA PROFITS AFTER TAX, PAYS N70bn DIVIDENDS… …as BUA Chairman, Abdul Samad Rabiu, canvasses for new entrants, more...

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