Business News
Graduate Applicant Wins Saloon Car in Dangote Cement Promo
The on-going Dangote Cement’s Bag of Goodies Promo, which promises to reward 21 million cement consumers nationwide has ramped up demands for the product in the South-Western part of the country just as another star prize winner emerged in Ibadan, Oyo state.
Attesting to the favourable response from the cement consumers since the Bag of Goodies was launched, some of the retailers and distributors of Dangote Cement who during the presentation of the saloon car to the winner, Godwin Chimezie Success in Ibadan said the advent of the promo has led to an upsurge in the demand for Dangote Cement.
Speaking one after another, the cement sellers said they were not surprised at the increased demands for Dangote cement because this is the first time a cement company would be coming out with a big promo meant to benefit over 20 million consumers.
“This is very unprecedented and this can only be done by Dangote Cement being the biggest of the cement companies. Imagining a cement promo with almost 50 cars, 550 refrigerators, 500 television sets, tricycles and motorcycles, who would not want have any of these at this time in Nigeria,” expressed Mr. Olanipekun Onifade Kamoru, Chairman of Onyx Global, a leading Dangote cement distributor based in Oyo town.
He stated that many cement consumers who have won prizes in the promo never believed it because they are not used to cement promo.
The Group Managing Director of Dangote Cement Plc, Engr Joseph Makoju who handed the car key to the winner, in company with Oyo State deputy governor, Engr. Raufu Olaniyan, said the promo is a unique way of appreciating the real consumers of Dangote cement all over the country.
“As you can see, no lucky dip, no raffle draw, it’s a straight win through scratch card. Every bag of Dangote cement has a card in it. What you get is what you win. No magomago. Cement sale is like a war, the distributors are the generals while the retailers are the foot soldiers.
“At Dangote Cement we work hard to produce quality cement at affordable price so that we remain the best. Every time, we try to grow loyalty by rewarding our stakeholders, the last time it was the retailer, this time around it’s the consumers.”
Engr. Makoju stated that hat no fewer than eight million bags of cement of high quality are released to the market daily and that robotic technology made such production easy.
According to him, the company which is ranked among 10 top producers of cement in the world. He said: “On a daily basis, we dispatch about 40,000 tonnes of cement. Every ton is 20 bags. If you calculate, you will get eight million bags. So, we push out eight million bags of Dangote cement every day.
“Dangote Cement Plc is a single product company. The only product we make is cement. We pride ourselves to be the leading producer, not only in Nigeria today, but in Africa. Actually, we have gone global.
“Recently, the top 10 cement companies in the world formed an organisation called GCCA. I am very happy and proud to tell you that Dangote Cement was invited. We are one of the 10 top producers of cement in the world.
“Dangote has put Nigeria on the global map. The name Dangote itself is a brand and everything that comes from him is of international quality.”
In his comment, the Oyo State deputy Governor, who was represented by his principal Private Secretary, Laide Raji said there was no gay saying the fact that Dangote cement has revolutionized the cement industry and led the efforts to make the nation self- sufficient in cement production and consumption.
He said:”the nostalgia and excitement here shows there is a bond and connect between the company and its customers. And I make bold to say that oyo state also identifies with Dangote Cement. It is a global brand.”
Business News
Ooni partners Chinese company to create over 50000 jobs

The Ooni of Ife, Oba Adeyeye Ogunwusi, Ojaja II, has signed a Memorandum of Understanding (MoU) with a Chinese company to create employment opportunities for over 50,000 indigenes of the state.
Ooni signed the MoU with China Overseas Energy Development Technology Ltd on Tuesday in Ile-Ife under Community and Private Partnership arrangement.
He said that the company would invest in agriculture, green energy, gold, lithium and other mineral resources in Ile-Ife and the state at large.
According to him, the Chinese company will also focus on the development of agriculture; mechanised farming and the production of cocoa in large quantity.
The traditional ruler stated that the MoU would help the indigenes of the state to enjoy unprecedented investment flow, while assuring that the company would not disappoint in the area of funds.
“The partnership we are signing today with China Overseas Technology Development Company Ltd is going to create over 50,000 employment opportunities to Osun indigenes.
“The company would first invest in agriculture and would set up a cocoa processing plant in Ife-ife, which will serve as its agricultural hub.
“The company will farm on over 20,000 hectares of land, generate green energy using solar which is starting from this palace.
“This palace will be powered by solar 100 per cent within the next 30 to 60 days when it is completed,” Ooni stated.
Continuing, Oba Ogunwusi said the future of Nigeria oil and gas lies in lithium, noting that soonest lithium would be the only means to power battery, electric cars among others.
He added that partnership with the Chinese company would be Community and Private Partnership driven which would help to grow the economy at the community level.
Ooni, who emphasised that the investment would be on a large scale both for Osun and the Federal Government, called for the support of all and sundry.
“In Dubai alone, the Chinese company has investment more than 10 billion U.S. dollars. In South Sudan right now, they are investing over 4 billion dollars. They are now ready to invest double of such investment in Nigeria,” he stated.
Speaking at the occasion, Gov. Ademola Adeleke lauded Ooni for the initiative and the management of the Chinese company for agreeing to invest in the state.
Adeleke restated his commitment to promote culture, tourism and entertainment in the state to improve the wellbeing of residents.
In his remarks, Mr Zhang Xiaolin, the Managing Director/Chief Executive Officer, China Oversea Energy Development Ltd, congratulated Ooni on the celebration of Olojo 2023.
Xiaolin also applauded the traditional ruler for partnering with the company and pledged that the company would adhere to the agreement terms.
Business News
KDSG reiterates commitment to enhance capabilities of KADBUSA’s operations

The Director-General (DG), Kaduna Bureau of Substance Abuse Prevention and Treatment (KADBUSA), Joseph Ike, said, Kaduna State Government has reiterated its commitment to enhance the capability of KADBUSA.
The DG stated this on Tuesday at the Capacity-Building Training for operatives of KADBUSA in Kaduna.
He said the training which is in alignment with Gov.
Uba Sani’s administration’s agenda, emphasizes Human Capital Development and Citizens’ Engagement.“It is also important in diligently carrying out the important mandate of the Bureau.
“This collaborative initiative between KADBUSA, the Kaduna State Ministry of Health, and the United Nation Office on Drugs and Crime ( UNODC), underscores the commitment to address the pressing issue of substance abuse within the state.
He said by enhancing the capabilities of KADBUSA’s operations staff, the programme aims to make a tangible difference in the lives of those affected by drug abuse and addiction.
“This two-day, Capacity-Building Training is a significant step towards a healthier, more secured, and prosperous Kaduna State,” he said.
On his part, Project Officer, UNODC, Dr. Akanidomo Ibanga, called for development of policies that will address the prevalence of drugs abuse in the country.
He said people with drug disorder who come in contact with the criminal justice system, should be treated rather than sent to prison.
According to Dr. Ibanga, 14.3 per cent of Nigerians have used drugs within the past years, “that is 14.4 million people. Now, that is three times more than the global average. We have a serious drugs problem on our hands.
“The Nigerian situation is peculiar because it has the drugs problem but doesn’t have enough treatment facilities to handle the issues of people that have drugs disorder.
“This is even a 2018 data. From that time till date, the number of people using drugs have probably increased.
“From projections from WHO and UNODC, there would be 40 per cent increase in drug use by 2030 in Africa, and Nigeria, being the most populous country in Africa, will have most of the number.
“So, we are saying that, we are sitting on s time bomb, because come 2030, we are talking about 20 per cent prevalence, that is, one in every five people you meet on the street.
“There are certain things we can do to avert this. UNODC has evolved certain responses and developed certain models, which can be run by both National and state governments,” Dr. Ibanga added.
Business News
Naira gains at investors, exporters window

The naira on Tuesday appreciated against the dollar as it exchanged at N745.19 at the Investors and Exporters window.
The local currency gained by 1.38 per cent compared to the N755.27 it exchanged for the dollar on Sept. 29.
The open indicative rate closed at N767.24 to the dollar on Tuesday.
A spot exchange rate of N819.
90 to the dollar was the highest rate recorded within the day’s trading before it settled at N745. 19The naira sold for as low as N700 to the dollar within the day’s trading.
A total of 81.12 million dollars was traded at the investors and exporters window on Tuesday.