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Dangote cement export of clinker, cement increase by 87.2%

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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).

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Road Accident: Governor Yusuf to Construct Bridge in Imawa, to Enhance Road Safety

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Kano State Governor, Alhaji Abba Kabir Yusuf, has announced his decision to embark on the construction of a new bridge in the town of Imawa, located within Kura Local Government Area of the state.

In a statement issued by governor’s spokesperson Sunusi Bature Dawkin Tofa on Friday said the initiative is aimed at mitigating the frequent accidents that have plagued the area, particularly along the busy Kano-Zaria express way where such incidents have become all too common.

The decision to build the bridge follows a tragic accident in which a driver struck and killed three people, causing widespread devastation in the community.

The incident occurred shortly after the Friday Jumu’ah prayers, when a vehicle veered out of control and struck seven pedestrians.

Sadly, three of the victims succumbed to their injuries, while the other four sustained varying degrees of injuries.

Governor Yusuf expressed his deep condolences to the families affected by this tragic event and emphasized the urgent need for infrastructure improvement to prevent further loss of life.

The construction of the bridge is expected to enhance road safety, ease traffic flow, and provide a safer passage for both pedestrians and motorists in the area.

“The Kano State Government remains committed to ensuring the safety and well-being of its citizens, and this project represents a significant step toward achieving that goal.”

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Governor Yusuf Reopens Kano Driving Institute After Eight Years of Neglect

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Governor Abba Kabir Yusuf has officially reopened the Kano State Driving Institute, reinstating its academic and practical programme after eight years of neglect under the previous administration.

This was contained in a statement issued by governor’s spokesperson Sunusi Bature Dawkin Tofa on Friday.

Originally established during Dr. Rabiu Musa Kwankwaso’s second term as part of a broader strategic transport ecosystem, the institute was designed to produce professional and licensed drivers equipped with state-of-the-art training.

Unfortunately, the facility was shut down for the entirety of the last administration’s eight-year tenure, leaving it in a state of disrepair.

Speaking at the reopening ceremony, where 250 youths were offered enrollment forms, Governor Yusuf expressed his dismay over the impact of the institute’s prolonged closure.

He emphasized his administration’s commitment to revitalizing the centre, aiming to restore it as a premier institution for professional driver training and licensing.

“The Institute was conceived to create job opportunities for our youth, it was established by Dr. Rabiu Musa Kwankwaso to enhance road safety and provide young people with the skills to become professional drivers.” He said.

“Unfortunately, the previous administration abandoned it for eight years, causing significant harm to our youth who could have benefited from this initiative.” He added.”

Governor Yusuf further highlighted that the revitalized institute will not only teach safe driving but also contribute to reducing road accidents and boosting the state’s transportation sector.

He called on stakeholders in the transportation industry to support the institute by providing employment opportunities for its graduates.

He also assured that his administration would provide all necessary resources to ensure the institute’s success and urged the newly enrolled 250 youths to take full advantage of the opportunity, stressing the importance of responsibility and dedication in their training.

According to the governor, the reopening marks a new beginning for the Kano State Driving Institute, positioning it as a key player in the professional development of the state’s transportation workforce.

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Kano govt cautions private schools against excessive fees

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Kano Female Students

Nasiru Yusuf Ibrahim

 

The government has introduced new guidelines for fee increment. 

 

 

Kano State Government has prohibited private and voluntary schools from arbitrarily increasing fees and forcing parents to purchase materials directly from the schools.

 

KANO FOCUS reports that Executive Secretary of the Kano State Private and Voluntary Institution’s Board( KSPVIB,) Comrade Baba Abubakar Umar, gave the warning in an interview with journalists.

 

The Executive Secretary said that some schools have been taking advantage of parents through hidden charges and exorbitant fees.

 

He said to address this issue, the board has introduced new guidelines.

 

According to him, “Schools must convene a Parents-Teachers Association (PTA) meeting to discuss any fee increments”.

 

He also stated that school must then write to the board seeking approval for the increase, attaching the attendance sheet from the PTA meeting.

 

He added that”At least two-thirds of parents must be present at the PTA meeting”

 

Comrade Abubakar dated that, the board has received complaints from parents who were charged excessive fees or amounts different from what was initially agreed upon.

 

He therefore disclosed that despite the current economic situation, schools must be realistic and fair in their charges.

 

“The board will work with relevant authorities to prosecute schools that operate illegally or evade taxes”

 

He however maintained that the board is committed to ensuring that schools provide safe learning environments and employ qualified teachers.

 

“Parents are encouraged to report any schools with substandard teaching or unsafe conditions”

 

Comrade Abubakar emphasised that, new census forms will be distributed to private and voluntary schools to ensure accurate data collection and effective monitoring. Saying that the board remains open to dialogue and discussions with schools willing to comply with the law.

 

He commended Governor Abba Kabir Yusuf for his commitment to education, allocating 30% of the state’s budget to the sector and declaring a state of emergency.

 

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