Tag: Dangote

  • Nigeria should embrace rigid pavement in road construction, says Dangote

    Nigeria should embrace rigid pavement in road construction, says Dangote

    The group head of corporate communication, Dangote Group, Anthony Chiejina, has called on Nigerians, especially professionals in the built environment, to support advocacy for the use of rigid pavements for road construction.

    Chiejina stated this during the 2023 Annual Lecture and Awards organised by the Property and Environment Writers Association of Nigeria (PEWAN), with the theme “Technology as the New Normal in Modern Infrastructure Delivery.”

    While delivering a lecture “Construction Using Rigid Pavement”, he said rigid pavement construction was more durable with a life span of over 40 years.

    This, he said, was against the 15 years or less for asphalt.

    Chiejina said the Minister of Works, David Umahi, should be supported in the advocacy because he was pursuing quality and durable road construction.

    He commended Umahi for introducing rigid pavements, adding that the minister was misunderstood in his good intention for quality road infrastructure delivery in Nigeria.

    He said several people opposed to the use of concrete were not cement manufacturers, yet crying foul that rigid road construction would cause an increase in cement prices.

    Chiejina urged journalists, engineers and other built sector experts to explain the benefits of the rigid pavement to Nigerians, as the needed solutions to bridging road infrastructure deficit in the nation.

    He explained the difference between rigid and flexible pavements as well as the type of construction materials used for the long-term and short-term benefits respectively.

    He listed the benefits of rigid pavement, also known as concrete road, to include resistance to fuel, hydraulics, grease and other chemicals discharged by stationery vehicles.

    Chiejina said although concrete roads take longer to construct and may be more expensive, they are cheaper in the long term because of lower maintenance costs.

    He said flexible pavements, also called asphalt roads, might be cheaper to construct but in the long run more expensive due to regular maintenance from constant degeneration.

    He also listed environment-friendly attributes of the rigid pavements in addition to the opportunity for recycling the materials; a situation not possible with flexible alternatives that cause high pollution and other dangers.

    “From an environmental standpoint, the entire flexible pavement process is more polluting,” he said.

    Chiejina, who received an award on behalf of the Dangote Group, commended PEWAN for the annual conference, aimed at setting an agenda for infrastructure development in Nigeria.

    He lamented poor reading culture threatening the real practice of journalism, urging practitioners to read widely to stay afloat and curb the negative influence of social media.

    He said the new media had increased proliferation and bastardisation of the profession such that disinformation and misinformation were on the rise.

    He said: “Journalism under threat, siege.”

    Earlier, the chairperson of the Property and Environment Writers Association of Nigeria (PEWAN), said the annual lecture was recording landmark successes, proffering solutions to issues in the nation’s built environment.

    She said PEWAN, a sub-group under the Nigeria Union of Journalists (NUJ), had existed since 1995 with membership that cuts across print, electronic, and online media platforms.

    “The PEWAN Lecture and Awards is an avenue through which we the members of the pen-pushing profession steer the direction of public discourse on construction matters and volatile environmental issues.

    “The lecture has the objective of inspiring ideas and robust intellectual conversations on issues affecting the built environment and the nation’s economy,” she said.

    Award recipients at the event include the Dangote Group and Mr Adedamola Kuti, Director, Highways Construction and Rehabilitation, Federal Ministry of Works.

    Others are Mr Kunle Awobodu, founder/inaugural President of Building Collapse Prevention Guild (BCPG); Deacon Babajide Durojaiye, Managing Director, Legrande Group and Mr Festus Adebayo, CEO, of Fesadeb Media Group.

    Also awarded were Mr John Beecroft, Managing Director, Tetramanor Ltd; Mr Emeka Anyiam, Chief Executive Officer, PWAN Elite; Mr Samuel Oni, Managing Director/CEO, Convvy Estates Ltd, among others who had made an impact in the sector.

  • JUST IN: Shettima meets Dangote, Elumelu, others at Presidential Villa

    JUST IN: Shettima meets Dangote, Elumelu, others at Presidential Villa

    Vice President Kashim Shettima is meeting with representatives of the private sector including Tony Elumelu, the founder of the Tony Elumelu Foundation, and the chairman of the Dangote Group, Aliko Dangote.

    The coordinating minister of Health and Social Welfare, Dr. Muhammad Ali Pate, is present during the closed-door meeting.

    Read Also: Essence of education, collaboration to greater future, by Shettima

    International development partners – Schubham Chaudhuri, the World Bank’s Country Director are also in attendance.

    Details shortly…

  • On Dangote/Abdulsamad rivalry

    On Dangote/Abdulsamad rivalry

    By Ishaku Adams

    Sir: In the quest for energy self-sufficiency and economic empowerment, Aliko Dangote and Abdulsamad Rabiu, two prominent Nigerian businessmen, have embarked on a fierce competition in the arena of oil refineries. This battle for supremacy in the refining industry not only reflects their ambitious visions for the energy sector but also has far-reaching implications for Nigeria and the entire African continent.

    Aliko Dangote’s eponymous refinery, aptly named the Dangote Refinery, stands as one of the largest and most ambitious industrial projects in Africa. Located in Lekki, this mega-refinery is designed to have a refining capacity of 650,000 barrels per day, making it a game-changer in the oil and gas industry. Dangote’s vision extends beyond national borders, with plans to transform Nigeria into a net exporter of refined petroleum products.

    In response to Dangote’s ambitious venture, Abdulsamad Rabiu entered the refinery race with the BUA Refinery. Situated in Akwa Ibom, Nigeria, the BUA Refinery aims to refine 200,000 barrels per day, contributing significantly to Nigeria’s refining capacity. Abdulsamad’s foray into the refinery business demonstrates a commitment to diversification within the energy sector and reducing Nigeria’s dependence on imported refined petroleum products.

    The Dangote-Abdulsamad refinery rivalry holds the promise of transforming Nigeria from a net importer of refined petroleum products to a self-sufficient and potentially export-oriented nation. The increased refining capacity is expected to enhance energy security, reduce the nation’s reliance on foreign refineries, and mitigate the economic impact of fluctuating global oil prices.

    Read Also: Tinubu committed to improving lives of vulnerable communities – Shettima

    Both Dangote and Abdulsamad recognize the potential of their refinery projects to stimulate economic growth and job creation. The construction and operation of these mega-refineries are massive undertakings that require significant manpower, providing employment opportunities for a large workforce. Additionally, the multiplier effect on ancillary industries further contributes to the overall economic development of the regions in which these refineries are located.

    Despite their shared goal of bolstering Nigeria’s refining capacity, Dangote and Abdulsamad face challenges ranging from regulatory hurdles to the complexities of managing such colossal projects. However, these challenges also present opportunities for collaboration, knowledge sharing, and industry-wide improvements that could benefit the entire nation.

    The Dangote vs. Abdulsamad business competition in the refinery sector is a testament to the entrepreneurial spirit and commitment to national development exhibited by these two titans of industry. As their refineries near completion and begin operations, the impact on Nigeria’s energy landscape will be profound, setting the stage for a new era of self-sufficiency and economic prosperity. The outcome of this rivalry extends beyond individual successes, holding the potential to reshape Africa’s energy dynamics and inspire a new wave of industrialization on the continent.

    •Ishaku Adams,

     Borno State University, Maiduguri

  • We have repatriated $687m from pan-African operations, says Dangote

    We have repatriated $687m from pan-African operations, says Dangote

    Dangote Industries Limited (DIL) has put the funds so far repatriated from its pan-African operations at  $576,008,672.41.

    Its management said the repatriations were done  through various banks in Nigeria

    The returns, according to the company, were in addition to the $111,968,109.38 cash swap arrangement between Dangote Cement Plc and Ethiopian Airlines.

    According to the firm, it has saved the Central Bank of Nigeria (CBN) the same amount it would pay.

    In a statement at the weekend, the DIL accused a competitor of sponsoring fake and misleading news about its foreign exchange transactions, which it insisted got the CBN nod.

    The company re-affirmed its determination and belief in Nigeria, noting that the administration of President Bola Ahmed Tinubu has shown the will to revive the economy.

    The statement reads: “We are not body-shop investors. We believe in Nigeria, and we believe in Africa. We are genuine and authentic about our investments, and we call on all relevant agencies to investigate our FX transactions in the past ten years and make public any infraction noticed or discovered.”

    Read Also: Dangote Cement’s total assets hit N3.34tr

    Defending the genuineness of the forex it purchased in respect of its African Project Expansion and that they were used for the purpose they were meant for, the DIL said the projects were visible for all to see.

    The DIL said: “It is on record that some of these projects were commissioned by Nigerian top-ranking government officials and in attendance were chief executives of various banks, captains of industries, and the presidents of the host countries supported by their senior government officials.

    “The commissioning events of these projects were well documented and covered by both local and international media. There are also print and electronic copies of the commissioning ceremonies as further testimony to the judicious utilisation of the funds.”

    The company further explained that its massive investments in Pan Africa will lead to the repatriation of forex in the near future and boost foreign exchange earnings and stabilise the forex market.

  • Don’t link us to economic sabotage, says Dangote Group 

    Don’t link us to economic sabotage, says Dangote Group 

    Dangote Industries Limited (DIL) yesterday warned against linking the firm to any form of economic sabotage.

    It gave the warning following claims, suggesting that the company is being probed for an alleged illegal foreign exchange deals and money laundering.

    In a statement, DIL described the allegation as “spurious and a rehash of a similar report peddled out of malice by a competitor masquerading as a concerned Nigerian in 2016.”

     The statement, signed by the management of DIL, reemphasised that foreign exchange for its numerous projects were sourced strictly from Interbank Foreign Exchange market in compliance with the CBN approvals.

     For instance, DIL explained that in all its transactions, “Letters of Credit” were established for the construction of the various operational plants and for the purchase of heavy equipment and spares required for the take-off of the Dangote Cement plants.

     ”The terms and conditions for payments on the transactions were clearly spelt out in the Letters of Credit instruments and in line with International Chamber of Commerce – Universal Customs & Practice for Documentation Credit – UCP 600. It is also crucial to note that the Letters of Credit in favour of Sinoma International Engineering Co Ltd (a Chinese Government owned company), being the major contractor who accounted for over 75 per cent of these expenditure were paid against the presentation of all relevant shipping documents. There was no single payment that was made through any Dubai company owned by us,” the statement noted.

    Read Also: Fubara: Rivers NASS caucus declares support for Wike

     DIL explained its forex dealings thus: “all FX purchased in respect of our African Projects expansion were fully utilised for what they were meant for. The projects for which the FX was utilised are visible for everyone to see. It is on record that some of these projects were commissioned by Nigerian top-ranking government officials and in attendance were Chief Executives of various banks, Captains of Industries and the Presidents of the host countries supported by their Senior Government Officials.”

     The company further stated that funds invested in its expansion project across African countries are legitimate capital investments in those countries and the repatriation of FX in sum of $576 million so far has helped to boost foreign Exchange earnings in Nigeria and stabilise the FX Market. Besides, DIL emphasised that it had always funded the construction of her various plants from Interbank FX Market in line with the CBN directives and relevant periodic progress reports were submitted to the banks for onward submission to the Central Bank of Nigeria.

     ”The regulations of the host countries require in most cases that payment to some local vendors, contractors and supplies are done locally for regulatory and tax purposes. Subsequently, funds for pre-operational expenses and purchase of other local construction materials are transferred to our Project Accounts in the host countries for payment to vendors in line with the countries’ regulations. All these transactions were well documented and approved. This has enabled us repatriate FX into Nigeria. All the payments made in respect of our various African Projects can be further verified, having been audited over the years by our auditors, Messrs Deloitte & Touche and KPMG in course of their statutory audits,” the DIL statement said, adding that “specifically, CBN gave us approvals between 2010 to 2018 to purchase FX totaling $3.755billion from the Interbank market for the funding of our various African Projects out of which we have utilised only 47.70 percent of the approvals in the total sum of N1.791billion.”

  • Dangote to increase power generation to national grid

    Dangote to increase power generation to national grid

    By: Ahmed Rufa’i, Dutse

    In an effort to support improvement of the national economy, the Dangote Group of Companies will generates Power from Numan Sugar Refinery and directed to national grid to increases energy production in the country.

    A statement by Dangote Group of Companies Communication Officer in charge of North, Malam Jibril Abubakar, quoted the group general manager of Dangote Sugar Refinery (DSR) Numan in Adamawa state, Mr Bello Abdullahi Dan-Musa, as saying that the company operates an independent power system, and that excess energy will be redirected to the national grid.

    The statement stated further that “the power, from the Dangote Sugar Refinery, Numan, when redirected to the National Grid has the potential to contribute immensely to the rapid development of the economy of the entire Northeast”.

    He added that the energy will bring about accelerated development and industrialization in the region. 

    “President of the Dangote Group, Aliko Dangote, had said that upon completion of the BIP projects, his sugar company will be able to create about 300,000 direct and indirect jobs, with positive multiplier effects on the national economy”.

    Read Also: Dangote vows to increase power generation to national grid to boost nation’s economy

    The Group General Manager added that “Sugar Refinery (DSR) employs no fewer than 7,000 workers yearly in its Backward Integration Project (BIP) in Numan, Adamawa State, adding: “The Dangote Group is the Nigeria’s biggest employer of labour after the Government”.

    Dan-Musa said most of the employees are often engaged on a temporary basis during the cane production season.

    Recently, he said the company paid over N500 million to the out-growers for the sugarcane they produced under the DSR Numan out-growers scheme.

    The current capacity of the DSR Numan refinery of 4,800 Tons of Cane Per Day (TCD), he said, is being upgraded to 6,000 TCD by end of 2023, 9,800TCD by 2024 and subsequently to 15,000TCD. 

    According to Mr. Dan-Musa, Dangote Sugar Refinery Numan has contributed immensely in the realization of the Backward Integration programme of the Federal Government.

    He added that, the company has acquired state of the art machines to support its production process, adding that it facilities are environmentally friendly.

    The Group General Manager stated further that “its Backward Integration goal is to become a global force in sugar production, by producing 1.5M MT/PA of refined sugar from locally grown sugar cane for the domestic and export markets”.

  • Expanded Dangote sugar refinery to produce surplus electricity

    Expanded Dangote sugar refinery to produce surplus electricity

    The expanded Dangote Sugar Refinery (DSR) in Numan, Adamawa State will produce more electricity than it will need to power its operations.

    The surplus will then be directed to the national grid.

    Disclosing this to newsmen on a facility tour, Chief Executive Officer of the company, Mr Chinnaya Sylvain, said 15,000 tonnes of sugar cane, harvested from the expansive sugar plantation within the DSR complex, will be crushed on daily basis.

    He said the bagasse produced in the cane crushing process will be utilised to generate anticipated 32 megawatts of electricity, part of which will be used by the manufacturing complex and the surplus energy given to the national grid.

    The Nation reports that the expanded Dangote refinery targets the crushing of 15,000 tonnes of cane per day (tcd) by its completion target of December 2023, up from initial 3,000 tcd.

    Read Also: Cement price crash: Arewa Think Tank urges Dangote to emulate BUA

    The facility media tour of the Dangote Sugar Refinery in Numan followed a two-day climate reporting workshop organised by the Dangote group for journalists from across the North East which began in Yola on Wednesday, October 11. 

    The workshop was facilitated by Climate Africa Media Initiative and Centre (CAMIC) which mobilized resource persons who trained 50 journalists on the sustainable climate media workshop.

    Executive Director of CAMIC, Mr Aliyu Akoshile told participants that journalists are critical stakeholders in efforts to preserve a healthy environment.

  • Cement price crash: Arewa Think Tank urges Dangote to emulate BUA

    Cement price crash: Arewa Think Tank urges Dangote to emulate BUA

    A group, Arewa Think Tank (ATTAK) has urged billionaire business man, Aliko Dangote of Dangote Group of Companies, to emulate his business counterpart, Chairman of BUA Cement Plc, Abdul Samad Rabiu, in crashing the price of cement in the country.

    Rabiu had recently reduced the price of a bag of cement from N4, 800 to N3,500 to make it affordable for the people.

    To this end, the Convener, Arewa Think Tank, Muhammad Alhaji Yakubu, in a statement yesterday called on Dangote to do same.

    “We are urging Dangote to do the same in the spirit of giving back to the society as part of social responsibility. We are happy with the Chairman of BUA and we are advising him to maintain the tempo and continue to take social responsibility seriously.

    “We are also calling on all Commercial Banks, MTN, Glo, Airtel and all other corporate bodies to emulate BUA by slashing the prices of their services and goods” Yakubu said.

    The group also commended the Minister of the Federal Capital Territory (FCT), Nyeson Wike, for awarding 135 roads contract in less than three months in office.

    Read Also: Cement price crash: Arewa Think Tank urges Dangote to emulate BUA

    “We understand that Wike did not only award the roads contract, but that he equally paid for it immediately. We are watching other Ministers, and we are advising them to emulate Wike.

    “We will also like to appreciate the Minister of Interior, Mr. Olubunmi Tunji-Ojo. Already, all the backlogs of over 200,000 copies of passports have been cleared,” it said.

    Arewa Think Tank, however, appealed to Nigerians to be patient with President Bola Tinubu to enable him roll out goodies for the country.

    “We are calling on well meaning Nigerians and oppositions to allow Tinubu Presidency to breathe so that our great country can benefit from his wealth of experience.

    “What should matter to us as Nigerians should be how the President and his team can impact positively on the average and poor Nigerians. Mr. President’s humility and simplicity should not be mistaken for weakness,” the statement said.

    The group commended the decision taken by Nigeria Labour Congress (NLC) for suspending the planned nationwide strike, saying that it was a mark of patriotism.

    “We also want to salute the patriotism exhibited by the leaders of the Labour Union in calling off the strike and showing some understandings. It’s a mark of commitment to see the country progress at a time of socio-economic travails when every hand is on deck to salvage our dear nation.”

    “We also want to use this opportunity to felicitate with one of Nigerians respected elder statesmen, General Alani Akinrinade (Retired) on his 84th birthday,” the statement added.

  • Cement price crash: Arewa Think Tank urges Dangote to emulate BUA

    Cement price crash: Arewa Think Tank urges Dangote to emulate BUA

    A group, Arewa Think Tank (ATTAK) has urged billionaire businessman, Aliko Dangote of the Dangote group of companies to emulate his business counterpart, the chairman of BUA Cement Plc, Abdul Samad Rabiu, in crashing the price of cement in the country.

    Rabiu had recently reduced the price of a bag of cement from N4,800 to N3,500 to make it affordable for the people.

    The convener of Arewa Think Tank, Muhammad Yakubu, in a statement on Wednesday, October 4, called on Dangote to do the same. 

    Yakubu said: “We are urging Dangote to do the same in the spirit of giving back to the society as part of social responsibility. We are happy with the Chairman of BUA and we are advising him to maintain the tempo and continue to take social responsibility seriously.

    “We are also calling on all Commercial Banks, MTN, Glo, Airtel and all other Cooperate bodies to emulate BUA by slashing the prices of their services and goods.”

    The group also commended the minister of the Federal Capital Territory (FCT), Abuja, Nyesom Wike for awarding 135 road contracts in less than three months in office.

    It stated: “We understand that Wike did not only award the roads contract but that he equally paid for it immediately. We are watching other Ministers, and we are advising them to emulate Wike.

    “We would also like to appreciate Mr Olubunmi Tunji-Ojo, Minister of Interior already all the backlogs of over 200,000 copies of passports have been cleared. Arewa Think Tank, however, appealed to Nigerians to be patient with President Bola Tinubu to enable him to roll out goodies for the country.

    Read Also: Housing Minister lauds BUA on cement price reduction

    “We are calling on well-meaning Nigerians and oppositions to allow Tinubu Presidency to breathe so that our great country can benefit from his wealth of experience. What should matter to us as Nigerians should be how the President and his team can impact positively on the average and poor Nigerians. Mr. President’s humility and simplicity should not be mistaken for weakness.”

    The group commended the decision taken by the Nigeria Labour Congress (NLC) to suspend the planned nationwide strike, saying that it was a mark of patriotism.

    The statement added: “We also want to salute the patriotism exhibited by the leaders of the Labour Union in calling off the strike and showing some understanding. It’s a mark of commitment to see the country progress at a time of socio-economic travails when every hand is on deck to salvage our dear nation.

    “We also want to use this opportunity to felicitate with one of Nigerians’ respected, revered, and elder statesman General Alani Akinrinade (Retired) on his 84th birthday.”

  • Dangote refinery to have 18 ultrasonic flare gas meters

    Dangote refinery to have 18 ultrasonic flare gas meters

    Fluenta, the global leader in ultrasonic sensing technology for measurement of flare gas, is to install 18 ultrasonic flare gas meters around the Dangote Petroleum Refinery.

    Fluenta’s Director, Radek Kurkowski, who made this known in a statement to The Nation in Abuja, said the firm has already completed its other works on the refinery.

    According to the statement, “Fluenta, the global leader in ultrasonic sensing technology for measurement of flare gas, has completed work on the Dangote Refinery in Nigeria – Africa’s biggest oil refinery – to install 18 ultrasonic flare gas meters on large pipelines around the plant.”
    The company explained that the 
    Nigerian authorities are leading the charge in the control and regulation of flaring gas, looking towards eliminating the need for routine flaring over the next few years. 
    It noted that a key component in that challenge is accurate measurement.
    The statement added the Dangote Refinery stands at the vanguard of Africa’s and Nigeria’s moves towards energy self-sufficiency. 

    It said the  West African nation imports refined petroleum products for its own use, even though it is Africa’s biggest oil producer.

     Dangote Refinery, it noted, is the world’s largest single-train refinery, which began operating in May 2023, is capable of refining 650,000 barrels of oil per day — enough to meet Nigeria’s daily fuel supply requirements, with adaily surplus of 38m litres of refined products, already earmarked for export.

    Read Also: Dangote refinery: NNPC to feed us with crude in few weeks

    According to the statement, Nigeria is positioning itself as a world-leader when it comes to reducing its emissions, and flaring – the controlled burning or combustion of excess or waste gases that cannot be processed or captured for productive use – is a safety and environmental practice employed in the petroleum industry to prevent release of potentially harmful or combustible gases into the atmosphere.

    Radek Kurkowski, Director at Fluenta, said: “Flare gas measurement and control is vital to ensure compliance with environmental regulations and to help identify potential safety hazards.”