News
Dangote cement export of clinker, cement increase by 87.2%
Nasiru Yusuf Ibrahim
Management of Dangote Cement Plc has revealed that the company dispatched seven ships of clinker- from Nigeria to Ghana and Cameroon and that the export, for the first quarter of 2024 increased by 87.2 per cent at 264kt.
KANO FOCUS reports that while the company commissioned 10 of the 17 Alternative Fuel Projects across the Group, the local demand for cement, in the same period under review in Nigeria increased significantly by 26.1 per cent to 4.6Mt and the overall group volume rose by 12.3 per cent to 7.0Mt, for the first quarter of 2024.
Chief Executive Officer, of Dangote Cement, Arvind Pathak, in his comments on the first quarter results, said: “During the quarter, we intensified our emphasis on exports, dispatching 7 ships from Nigeria to Ghana and Cameroon. As a result, our Nigerian exports surged by 87.2%, reflecting our commitment to expanding our presence in regional markets and capitalising on our export-to-import strategy.
We continue to prioritise innovation, cleaner energy transition, and cost leadership towards achieving our vision of transforming Africa and building a sustainable future”.
The company recorded a Group revenue of N817.4 billion, even as profit after tax inched, up by 2.9 percent to N112.7 billion. Earnings per share closed the quarter at N6.68 representing an increase of 3.7 percent. As part of its sustainability programme, Dangote Cement commissioned ten of the 17 Alternative Fuel Projects across the Group.
Chief Executive Officer, of Dangote Cement, Arvind Pathak, in his comments on the results, said, “Driven by an uptick in economic activities, our Nigerian operations witnessed a strong rebound, with volumes up 26.1 percent to 4.6Mt in the quarter. Similarly, our pan-Africa operations continued an upward trajectory, with volumes up 3.1 percent to 2.7Mt, buoyed by increased sales in Zambia and Congo. Despite elevated cost pressures, increased borrowing costs, and a further currency weakening, our first-quarter results reflect our commitment to navigating challenges effectively.”
He added, “Group revenue more than doubled to ₦817.4 billion, while Group EBITDA rose 66.6 percent to ₦309.5 billion. Profit After Tax was up 2.9 percent at ₦112.7 billion. These results underscore our ability to adapt and thrive in a dynamic business environment while delivering value to our stakeholders.
We continue to prioritise innovation, cleaner energy transition, and cost leadership towards achieving our vision of transforming Africa and building a sustainable future”.
Dangote Cement is Africa’s leading cement producer with 52.0Mta capacity across Africa. A fully integrated quarry-to-customer producer, Dangote Cement has a production capacity of 35.25Mta in Nigeria. Obajana plant in Kogi state, Nigeria, is the largest in Africa with 16.25Mta of capacity across five lines; Ibese plant in Ogun State has four cement lines with a combined installed capacity of 12Mta; Gboko plant in Benue state has 4Mta; and Okpella plant in Edo state has 3Mta.
Through recent investments, Dangote Cement has eliminated Nigeria’s dependence on imported cement and has transformed the nation into an exporter of cement serving neighbouring countries.
In addition, the company has operations in Cameroon (1.5Mta clinker grinding), Congo (1.5Mta), Ghana (2.0Mta clinker grinding and import), Ethiopia (2.5Mta), Senegal (1.5Mta), Sierra Leone (0.5Mta import), South Africa (2.8Mta), Tanzania (3.0Mta), Zambia (1.5Mta).
Aminu Abdullahi
The adolescent girls initiative for learning and empowerment AGILE has been described as a major catalyst to educational development.
KANO FOCUS reports that the Emir of Rano, Alhaji Muhammad Isa Umaru, made the indication while receiving AGILE team in his palace.
According to him, Kano has witnessed significant progress in girl child education facilitated by AGILE, hence the need for traditional institutions and relevant stakeholders to contribute their quota to achieve the desired objectives.
He noted that, Rano Emirate has been at the forefront of ensuring enrollment retention and completion of girls education through various initiatives.
The emir called on the Adolescent Girls Initiative for Learning and Empowerment (AGILE) to upgrade the girls school in his community.
The monarch said, the school, located beside the palace, requires expansion to accommodate a larger number of students.
The traditional ruler suggested that AGILE should visit the school to assess its condition, saying that, relocating the school to a bigger location had been earlier considered.
In his remarks the permanent secretary Kano state ministry of education Alhaji Bashir Baffa explained that, they were at the palace to seek for support and blessings form the royal father.
He said, AGILE has fostered an enabling environment for girls through promoting behavioral changes through communication campaigns engagement with traditional rulers and advocacy.
He maintained that, the team has embarked on advocacy visits to all relevant stakeholders at community and state levels on the importance of girls education.
Alhaji Baffa hinted that the state government had declared a state of emergency on education, hence the need for the traditional institution to contribute its quota to achieve the desired objectives.
He posited that, the team will visit the school to see possible ways of intervening for the development of education.
The permanent secretary also used the opportunity to condole Rano emirate over the killing of its indigenes in Uromi.
KANO FOCUS reports that, earlier the team has paid a similar visit to Karaye Emirate council as part of efforts to advocate for support from the traditional institution and relevant stakeholders.
Aminu Abdullahi Ibrahim
The Kano State Ministry of Education’s Adolescent Girls Initiative for Learning and Empowerment (AGILE) Project, supported by the World Bank, has successfully renovated over 1,300 senior and junior secondary schools in the state in the last three years.
KANO FOCUS reports that the state commissioner for education, Alhaji Ali Haruna Makoda, disclosed this during a visit to the Karaye Emirate on Tuesday.
He added that the AGILE program has enrolled more than 30,000 girls through targeted outreach, grants, and its Second Chance education initiative.
Makoda further revealed that the state government has finalized plan to construct 130 new schools in rural communities, with over 35,000 girls already benefiting from financial assistance under the scheme.
He urged the Karaye Emirate to lend full support to the program and prioritize girls’ education.
In his remarks, the Emir of Karaye, Alhaji Muhammad Maharaz, pledged the emirate’s commitment to advancing girls’ education in Kano State.
He commended the state government and the commissioner for their dedication to the programme’s success.
“It is our collective responsibility to support this initiative,” the Emir stated, calling for measures to ensure beneficiaries complete their education with strong academic outcomes.
The commissioner’s delegation consist of the Kano State AGILE Project Coordinator, Malam Mujitapha Aminu and other members of State Programme Implementation Unit (SPIU).
Aminu Abdullahi Ibrahim
Bayero University Kano (BUK) on Monday celebrated the 50th anniversary of its Faculty of Education and inaugurated its Alumni Association at the Convocation Arena of the university’s new campus.
KANO FOCUS reports that the event was graced by government officials, education stakeholders, and alumni all gathered to commemorate the faculty’s contributions to Nigeria’s educational sector.
In her keynote address, the State Minister for Education, Mrs. Suwaiba Sa’id Ahmad announced the Federal Government’s Sector Renewal Initiative designed to transition Nigeria from a resource-based to a knowledge-based economy.
She highlighted that the aim of the renewal initiative consists of – Reducing the number of out-of-school children; combating learning poverty; nhancing skills development and human capital for the labor market
The minister noted that the initiative prioritizes Technical and Vocational Education and Training (TVET); Science, Technology, Engineering, and Mathematics (STEM); Digital literacy and education quality assurance.
Mrs. Ahmad disclosed that the Federal Government had disbursed ₦35 billion to 261 beneficiaries under the Nigerian Education Loan Fund (NELFUND), with BUK among the top beneficiaries.
“So far, the scheme has received 420 applications, and we are scaling up investments,” she stated.
She further confirmed that President Bola Ahmed Tinubu approved ₦120 billion to boost TVET programs, with plans to train 650 youths in technical, vocational, and digital skills over the next two years.
Emeritus Professor Sani Ahmad Sufi, former Permanent Secretary of the Ministry of Education, praised the faculty for its high-quality graduates.
“Our pride lies not just in the number of graduates produced yearly, but in their impact across Nigeria and beyond,” he said.
He added that the faculty has produced Nigeria’s largest pool of graduate teachers many of whom hold key positions nationally and internationally.
The National Chairman of the All Progressives Congress (APC), Dr. Abdullahi Umar Ganduje applauded the faculty for its significant role in advancing education in Nigeria.
The event concluded with awards presented to distinguished alumni and supporters of the faculty in recognition of their contributions to its growth.
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