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Customers, Distributors Hail Dangote for his Support, encouragement at Awards Night

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Nasiru Yusuf Ibrahim

Customers and distributors of Dangote Cement Plc have hailed the magnanimity of the Founder and Chairman of the company and Africa’s largest conglomerate, Aliko Dangote.

KANO FOCUS reports that the customers described Dangote’s humaneness and philanthropy as unrivalled among his peers in the business community in Nigeria and Africa.

Speaking on the sidelines of the 2023 Dangote Cement Customers Award and gala night held in Lagos weekend, the customers who came from various regions across the country described their business relationship with Dangote Cement Plc as the ‘best alliance’ with a partner who provides great opportunities for the growth of its partners.

At the glittery event, the distributors carted away handsome rewards for keeping faith with Dangote Cement and patronising its products.

While both Kizz Daniel and Tuface Idibia were on standby to thrill and entertain the customers, prominent Nigerians were also in attendance to felicitate with Aliko Dangote and the Cement’s customers. Among top dignitaries in attendance were: Former Governor of Ekiti state, Dr. Kayode Fayemi, Executive Chairman of Geregu Power, Femi Otedola and the Former Minister of Industry, Trade & Investment, Otunba Niyi Adebayo, among many others.

Kazab Heritage Limited won the overall Best Distributor of the Year award, while Gilbert Igweka Global Concept and Nwa Ado Resources Nigeria Limited occupied the second and third positions, nationally respectively. Winners in the regions include Twins Faja Enterprises as overall winner in the Lagos/Ogun region, while Nwa Ado Resources Nigeria Ltd, Abdullahi Fugu, Giwa Dynamics Ventures, and D.C. Okika Nigeria Limited were overall winners in the North Central, North East, North West, and South East regions respectively.

“For the past 20 years that I have been a distributor of Dangote Cement, my business has grown so big beyond our imagination”, Mr. Wale Fajana, the Chairman of Twins Faja Nigeria Ltd enthused. He explained that he started business with Dangote Cement way back in Apapa and ever since “Alhaji has ensured that my business with him grows. I credit him with my success today. Without his support to my business, I would not be where I am today.

“He (Dangote) also provides us with financial support in many forms to grow our business relationship with Dangote Cement. On a personal note, Alhaji Dangote has been very close to my family and his humanity second to none as he showers us with gifts to encourage the distributors performance yearly,” Fajana said.

Another distributor, Chief Lawrence Onyemelukwe, the managing director of Lafanex Nigeria Ltd, describes Aliko Dangote and Dangote Cement as “legendary”, adding that, “Alhaji has a large heart, and he has taught us how to do big business, with his support which has become a centre of our success story.”

Chief Onyemelukwe, who is a leading distributor in Asaba, Delta State explained that Dangote Cement has introduced different technology and automation into their business model that distributors have now adopted to improve their sales revenue. He described working with Dangote Cement over the decade as beneficial to him and all his customers.

Abdullahi Fugu of A.A Fugu & Sons, who is based in Northeast Nigeria disclosed that he started in a small way with Dangote Cement, and added that with the personal touch of Dangote and the support of the company management, he has become a top distributor of the product. “Alhaji Dangote has a magic touch and his input has helped grow my business to become very big. Dangote Cement has provided platforms for the distributors to flourish and employ people,” Fugu added.

On his part, Chief Akukalia Igwebuike, the CEO of Nwa Ado Multi Biz, a top three cement distributor attributed his business success to the tremendous support of Dangote Cement management and particularly Aliko Dangote. He said Aliko Dangote took a special interest in his business growth and has never stopped looking out for him as he continues to excel in business. “All I have to say is ‘Thank you to Alhaji’ for his support to my business. I promise to double my effort in 2024 and improve my number three position as a distributor of Dangote Cement”, he said.

In her own remarks, Mrs. Beatrice Chinwe Okika, the CEO of DC Okika Nigeria Ltd, a top distributor in the Southeast region of Nigeria says Dangote Cement is more than a business to her. “Right from when I lost my husband, Alhaji has never left me and my business. He has always shown concern for the family and the business. He has provided financial help in all forms to support the business and the family. I have enjoyed so much support I can’t even count.”

According to her, “Dangote Cement has continued to provide support to all distributors to ensure that the partnership works. May God bless him and continue guide his steps.”

Engr. Festus Abononkhua of Raybale Nigeria Ltd described Dangote Cement as the best trade partner. He said even though as an engineer he was initially ashamed to start out trading in cement, now he is immensely proud to be a distributor of Dangote Cement products. He added that today, with the support of Dangote Cement, the size of his business has grown tremendously in the South-south region of Nigeria.

 

 

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Dangote Refinery imports additional 11m barrels of US crude oil due to domestic supply shortage

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Nasiru Yusuf Ibrahim

 

 

Dangote Petroleum Refinery and Petrochemicals has issued a tender for an additional 11 million barrels of US crude oil over the next six months due to Nigerian crude oil producers’ inability to meet its feedstock requirements.

KANO FOCUS reports that the 650,000 barrels per day refinery has already received 9 million barrels of West Texas Intermediate crude from the US since the beginning of 2024 to offset unreliable domestic supplies. The new tender, closing on July 21, aims to procure two million barrels per month of WTI Midland crude for the world’s largest single-train facility located in Ibeju Lekki, Lagos, for the next six months starting in August.

In a tender reported by Bloomberg, Dangote Refinery purchased five million barrels of West Texas Intermediate (WTI) Midland crude for delivery in the upcoming months of August and September. Additionally, the company initiated a tender process to acquire an additional six million barrels of American crude for September.

This reliance on US crude highlights Nigeria’s challenges in meeting its own refining needs, attributed to issues such as crude theft, aging infrastructure, and underinvestment, which have led to a decline in production. In April, Nigeria’s daily output was only 1.45 million barrels, well below its capacity of 2.6 million barrels per day. The country recorded an estimated 30 million barrels underproduction in the first four months of 2024.

Dangote Refinery, crucial to Nigeria’s goal of becoming a net exporter of petroleum products, has found it necessary to import crude to sustain operations amidst insufficient domestic supply.

President of Dangote Group, Aliko Dangote, stated during the Africa CEO Forum 2024 that the refinery will need to continue importing crude as production scales up and alternative supply contracts are sought.

“It also makes economic sense for us to tender for crude. If we could source 100 percent Nigerian crude, then fine, but we can’t wait,” said Dangote.

Commenting on the challenge with sourcing crude locally, Dangote added, “there is a bit of a problem for us to source the entire volume of crude that we’re looking for domestically because we need different types and mixes. Unless crude production improves – which we pray and hope for – we need to go elsewhere.”

The refinery took in more than 41 million barrels of feedstock in the first half of the year as it completed test runs and gradually increased processing rates, tanker-tracking data show. Of that, about a quarter has been American supply.

According to CAS, the refinery took delivery of 11 WTI cargoes, or 9 million barrels, between February and May, contrasting with around 18 million barrels of Nigerian crude deliveries.

Nigerian National Petroleum Company (NNPC), NNPC has struggled to meet its 300,000 barrels per day obligation to the refinery due to operational constraints.

International financial analytics corporation, S&P Global, recently described the Dangote Petroleum Refinery and Petrochemicals company as capable of resolving Nigeria’s foreign exchange (forex) issue and its huge pressure on the local Naira currency, while also catalysing the country’s economic development.

S&P Global, headquartered in Manhattan, New York City, disclosed this during an onsite visit to the refinery as part of its sovereign credit ratings assessment of Nigeria. The team from the international rating agency were accompanied by officials from the Federal Ministry of Finance.

S&P noted that the refinery would bolster Nigeria’s oil sector and, more importantly, also have a positive impact on its growing economy.

Currently operating at 350,000 barrels per day capacity, Vice President of Oil and Gas at Dangote Industries Limited (DIL), Devakumar Edwin, recently disclosed that the refinery would scale up to at least 500,000 barrels per day capacity by July/August, commencing the refining of petrol and ultra-low sulphur diesel.

He noted that the refinery, designed to process a wide range of crudes including various African and Middle Eastern crudes, as well as US Light Oil, conforms to Euro V specifications. In addition, it is designed to comply with US EPA, European Union (EU) emission norms, the Department of Petroleum Resources (DPR) emission/effluent norms, and the African Refiners and Distribution Association (ARDA) standards.

While noting that most refineries were built by foreign companies, he said it is a thing of pride that a Nigerian company designed and built the world’s largest single-train refinery complex while acting directly as its own Engineering, Procurement, and Construction (EPC) contractor. The refinery which also incorporates a self-sufficient marine facility capable of handling the world’s largest vessels, can meet 100% of Nigeria’s requirement of all liquid products (Gasoline, Diesel, Kerosene & Aviation Jet) and have surplus of each of these products for export.

 

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UNICEF Commends Governor Yusuf for Education Prioritization in Kano State

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Mukhtar Yahya Usman

In a gesture of appreciation, the United Nations International Children’s Emergency Fund (UNICEF) has praised Governor Abba Kabir Yusuf of Kano State for his steadfast commitment to enhancing the education sector within Kano.

During a cordial meeting at the Kano Government House on Thursday, the Country Director, Mrs. Christain Munduate, extolled the enduring partnership between UNICEF and Kano State, advocating for its reinforcement to yield greater mutual benefits and collaborative opportunities.

This was contained in a statement issued by the Governor’s spokesperson Mr. Sanusi Bature Dawakin Tofa and made available to journalists in Kano.

Mrs. Munduate reiterated UNICEF’s unwavering support for the state in both the Health and Education sectors, emphasizing the imperative for Kano State to fulfill its counterpart funding obligations for the Malnutrition project.

In response, Governor Alhaji Abba Kabir Yusuf called for increased support and goodwill from UNICEF and other donor agencies, highlighting Education and Health as pivotal realms necessitating additional assistance due to their fundamental importance in societal progress.

Governor Yusuf pinpointed Malnutrition and poliomyelitis as pressing health concerns, particularly affecting children and other vulnerable demographics.

Detailing the notable achievements in the education sector under his administration, Governor Yusuf underscored his government’s dedication to providing essential infrastructure, educational resources, modern classrooms, teacher training programs, and fostering an enriching environment conducive to learning.

Furthermore, in the realm of healthcare, Governor Yusuf emphasized the state’s endeavors to ensure complimentary medical services for women and children, overhauling of hospitals, and furnishing healthcare facilities with requisite equipment.

Assuring the visiting delegation, Governor Yusuf expressed the State’s commitment to doubling the counterpart funding contribution compared to Jigawa State for combating the pressing issue of Malnutrition.

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NiMet predicts morning thunderstorms in Kano on Friday

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Nasiru Yusuf Ibrahim

The Nigerian Meteorological Agency (NiMet) has predicted morning thunderstorms on Friday over parts of Kano State.

KANO FOCUS reports that NiMet’s weather outlook released on Thursday in Abuja envisaged thunderstorms over parts of Jigawa, Kebbi, Kaduna, Adamawa, Taraba, Gombe and Bauchi States on Sunday.

The agency anticipated thunderstorms over parts of Katsina State, Zamfara, Sokoto State and Kebbi.

The agency urged the public to take adequate precautions as strong winds may precede the rains in areas where thunderstorms are likely to occur.

NiMet advised Airline operators to get updated weather reports and forecasts from NiMet for effective planning in their operations.

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