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Dangote says Company’s projected $30bn revenue will boost the Naira value

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Nasiru Yusuf Ibrahim

 

President of Dangote Group, Aliko Dangote, on Sunday stated that his company’s aim is to become the leading supplier of foreign exchange in the FX market soon, as it targets $30 billion in revenues by the year 2025.

KANO FOCUS reports that during a tour of the Dangote Petroleum Refinery & Petrochemicals and Dangote Fertiliser Limited with media executives at the weekend, he said the plan is to attain independence from the Central Bank of Nigeria (CBN) in forex sourcing, highlighting a strategic shift in revenue composition within the cement business from the current 75 percent to 15 percent in the future.

The expected significant inflow of forex into Nigeria through his businesses, will automatically boosts the value of our local currency and make Naira regain its value in the comity of international currencies all over the world.

According to Dangote, the refinery began full operations in 2024, initially focusing on refining intermediate products such as polypropylene, naphtha, RCO, gasoline, diesel, and jet fuel.

He explained that the refinery entered its steady-state production phase in March 2024. Additionally, he anticipates production ramping up to 500,000 barrels per day (bpd) with 15 crude cargoes per month by August, increasing to 550,000 bpd by the end of the year, and aiming for 650,000 bpd by the first quarter of 2025.

“Petrol production is to commence in July with sales from August,” assured Dangote.

Dangote also hinted that the group intends to list both Dangote Petroleum Refinery & Petrochemicals and Dangote Fertilizer Limited on the Nigerian Exchange Group in the first quarter of 2025. He said that this initiative would enable Nigerians to participate in the ownership of these companies.

“Due to the nature of our business with both the refinery and the fertilizer, we are aiming to list them by the end of this year. However, depending on circumstances, worst-case scenario, we anticipate listing them before the end of the first quarter of next year. This will allow us to offer shares for sale and enable Nigerians to participate as shareholders,” Dangote stated.

The Dangote Refinery, which will process 650,000 barrels per day (BPD) at full capacity, stands as Africa’s largest oil refinery and the world’s largest single-train facility, while the Dangote Fertiliser Limited operates Africa’s largest Granulated Urea Fertiliser complex. Presently, Dangote Cement is Nigeria’s most capitalised company.

While noting that the total storage capacity of the refinery is 4.5 billion litres, sufficient to cover 20 days of Nigeria’s crude requirement and store products equivalent to 15 days of Nigeria’s petrol consumption, he stressed that the refinery would produce 53 million litres of petrol per day and 1.1 million tonnes per day.

He added that the refinery is equipped with dedicated loading gantries featuring 86 loading bays, alongside specialized marine facilities for the offloading of crude and the loading of petroleum products. Additionally, the facility, he said, includes a 900-kilotonne per annum polypropylene plant, with production capacities of 36,000 tonnes per annum for sulphur and 585,000 tonnes per annum for carbon black.

Dangote said that over the past four decades, the operations of Dangote Group have evolved significantly from a commodity trading company to a diversified conglomerate. He emphasised that this transformation was driven by the overarching goal of achieving self-sufficiency in key sectors and bolstering Nigeria’s economy.

He noted that the group, which began as a trading company in 1978, has expanded into a diversified conglomerate with investments spanning cement, agriculture, fertilizer, petrochemicals, oil & gas, auto assembly, infrastructure, and other sectors.

He said the group is driven by the idea that Africa’s future prosperity hinges on its ability to harness its own resources and capabilities. Dangote stressed that the continent inadvertently imports poverty and exports jobs by exporting raw materials and importing finished goods.

The Vice President, Oil and Gas, Dangote Industries Limited, Devakumar Edwin, reiterated the commitment of the company in enhancing local capacity in critical sectors of the economy.

He said Dangote Industries Limited has empowered young Nigerians to assume key roles across its operations, with many even becoming expatriates in other nations.

Edwin stressed the refinery’s status as the world’s largest single train complex constructed entirely by a Nigerian company, highlighting a significant achievement in local engineering and construction capabilities.

Noting that most refineries were built by foreign companies, he said it is a thing of pride that a Nigerian company, acting directly as Engineering, Procurement, and Construction (EPC) contractor, designed and built the world’s largest single train refinery complex. He said this has enhanced the capacity of many Nigerians involved in the process and that a Nigerian company can build a refinery anywhere in the world.

“It is a thing of pride that the largest single train refinery in the world is 100% designed, engineered, and constructed by a Nigerian company as EPC contractor,” he said.

While expressing gratitude to the media executives, Group Executive Director of Commercial Operations at Dangote Industries Limited, Fatima Dangote, reiterated the company’s dedication to creating a positive impact on the economy. She commended Aliko Dangote’s steadfast commitment to advancing the continent’s development.

“He (Dangote) is committed to ensuring the success of Nigeria and Africa as a nation and a continent. Our focus extends beyond profit to solving problems and achieving self-sufficiency across all sectors in Africa. By meeting global standards, we have positioned ourselves to export our products to every continent in the world,” she said.

Fatima pointed out that the group is not only the largest private employer of labour but also consistently ranks as one of the top taxpayers in the country each year, adhering to all relevant tax laws and regulations.

“We are known as one of the largest employers of labour. However, we are also conscious of ensuring our workers enjoy a good living standard. This is reflected in our inclusion in the list of top paying firms in the country. Our impact on employment generation extends to creating thousands of indirect jobs in the various communities that we operate in,” she added.

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Kano Govt Orders Retired Civil Servants to Vacate Offices, Hand Over Government Property

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Nasiru Yusuf Ibrahim

 

The Kano State Government has directed all civil servants who have attained their statutory retirement age or completed the required length of service to immediately vacate their offices and hand over government property in their possession.

 

KANO FOCUS reports that the directive was contained in Circular issued on Tuesday by the Establishment Directorate, Office of the Head of Civil Service, Kano State.

 

The circular, signed by the Permanent Secretary, Establishment, Abba A. Danguguwa, on behalf of the Head of Civil Service, was titled: “Unauthorized Continuance in Service After Statutory Retirement by Civil Servants in Ministries, Departments and Agencies (MDAs) of Government – Call for Immediate Handing Over of Official Documents, Properties.”

 

The government said it had observed that some civil servants continued to remain in office and operate in official capacities after reaching their statutory retirement period.

 

According to the circular, such conduct was a “negation to the reputation of the Civil Service of Kano State,” noting that the service had a long-standing tradition of ensuring seamless transition by retiring civil servants.

 

It described the continued stay in service after retirement as a direct infraction and aberration of relevant provisions of the State Civil Service Rules and other applicable service regulations.

 

The government stressed that it was legally and administratively untenable for any officer to remain in service or perform official functions beyond the statutory limit.

 

Consequently, all civil servants who had retired either by age or length of service were directed to immediately exit and hand over all official documents, government property and duties to their immediate subordinates in their respective ministries, departments and agencies.

 

The circular also directed all Accounting Officers, including Permanent Secretaries and Chief Executives, as well as Directors of Administration and Personnel Management, to ensure strict and immediate compliance with the directive.

 

It warned that any officer found aiding, abetting or condoning the continued stay of a retired officer in service would face appropriate disciplinary action in accordance with the Civil Service Rules.

 

The directive takes immediate effect, the circular stated.

 

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Kano Settles N32bn Pension, Gratuity Liabilities, Says Gov Yusuf

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Nasiru Yusuf Ibrahim

 

Kano State Governor Abba Kabir Yusuf says his administration has settled approximately N32 billion out of the N48 billion inherited backlog of gratuities and related liabilities owed to retirees in the state.

 

KANO FOCUS reports that Gov Yusuf disclosed this on Thursday while addressing residents at the 66th Independence Anniversary celebration held at the Sani Abacha Indoor Stadium in Kano.

 

The governor said the government had also sustained the regular payment of monthly pensions while increasing the minimum monthly pension from N5,000 to N20,000.

 

He said the welfare of workers and pensioners remained a priority of his administration, citing timely payment of salaries, improved remuneration and measures aimed at strengthening the public service.

 

According to him, the state has maintained the practice of paying workers’ salaries on or before the 25th of every month while implementing the N71,000 minimum wage for civil servants.

 

Gov Yusuf also said his administration was sponsoring public servants for professional training, including programmes at the Administrative Staff College of Nigeria (ASCON), to strengthen their administrative and leadership capacity.

 

He reaffirmed the government’s commitment to building a professional and motivated workforce, while ensuring that the contributions and sacrifices of serving workers and retirees were recognised and treated with dignity.

 

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Family Planning: Experts Urge Nigeria to Remove Barriers to Contraceptive Access

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Nasiru Yusuf Ibrahim

 

Experts in reproductive health have called for improved access to contraceptive services in Nigeria, saying women and girls should be provided with accurate information and the freedom to make informed choices about family planning.

 

KANO FOCUS reports that they made the call on Wednesday during a virtual engagement organised by the Network of Reproductive Health Journalists of Nigeria (NRHJN) to mark the 2026 World Contraception Day.

 

Speaking at the event, Executive Director of the Centre for Bridging Health Gaps (CBHG), Dr Moriam Jagun, said misconceptions surrounding family planning remained a major barrier to contraceptive uptake.

Dr Moriam Jagun

Jagun said neither Islam nor Catholicism was against family planning, urging the media and health stakeholders to address religious and cultural misconceptions with accurate information.

 

She said fears that contraceptive use could cause infertility, cancer, excessive bleeding and other health problems also discouraged some women from using family planning methods.

 

According to her, such concerns should not simply be dismissed as myths, but should be addressed through honest counselling and evidence-based information that enables women to make informed decisions.

 

Jagun said contraceptive prevalence remained low in Nigeria, putting the national average at about 15 per cent, compared with 31 per cent in Lagos.

 

She also cited research showing that educated people were more likely to embrace family planning than those with lower levels of education.

She therefore called for greater attention to marginalised, vulnerable and underserved communities, saying national averages could conceal significant inequalities in access to reproductive health services.

 

Jagun said access should not be measured simply by whether contraceptives were available in health facilities.

 

She identified financial, physical, social, cultural and religious, as well as informational barriers that could prevent women from accessing services even when contraceptives were available.

 

“Availability is not the same as access,” she stressed, noting that a woman could have contraceptives available at a health facility but still be unable to obtain them because of cost, distance, stigma, provider attitudes or lack of information.

 

She also cautioned healthcare providers against allowing personal beliefs or biases to interfere with professional responsibilities, particularly when dealing with young and unmarried women seeking contraception.

 

According to her, providers should inform and support clients rather than make reproductive decisions on their behalf.

 

Jagun further urged stakeholders to prioritise adolescents, rural women, women with disabilities and other underserved populations in the design and delivery of family planning services.

She said the success of family planning should not be measured only by the number of women accepting contraceptives, but also by whether clients were properly informed, offered options, made voluntary choices and retained the freedom to change or discontinue a method.

 

On the role of the media, she urged journalists to rely on accurate and evidence-based information and avoid sensational reporting.

 

She also advised the media to clearly distinguish family planning and contraception from abortion in their reporting to prevent misinformation and confusion.

 

Presenting on the theme “A Choice for All: Agency, Intention, Access,” Executive Director of Media, Health and Rights Initiative of Nigeria (MHR), Mrs Alu Azege, said contraceptive access should be viewed beyond the mere availability of commodities.

Mrs Alu Azege

Azege, who is also Chair of the Media and Visibility Subcommittee of the 9th Nigerian Family Planning Conference, said genuine access required women to have information, options, privacy, affordability, respectful counselling and freedom from pressure or judgment.

 

She said the word “all” in the World Contraception Day theme was particularly significant, stressing that contraceptive access should include unmarried young women, adolescents, widows, market women, students and other groups that could face barriers to services.

 

Azege described the media as an important channel for reproductive health information, particularly as young people increasingly encounter contraceptive information through social media before meeting healthcare providers.

 

She said traditional media could complement social media by verifying information, debunking myths, amplifying questions from young people and holding authorities accountable for gaps in health service delivery.

 

She also highlighted both the opportunities and risks associated with artificial intelligence, saying AI could provide personalised, private and accessible reproductive health information, but warned that bias, misinformation and unequal access to technology could undermine its benefits.

 

In her welcome address, President of NRHJN, Mrs Oluyinka Shokunbi, said every Nigerian woman and girl should have access to safe contraception and the ability to decide if, when and how often to have children.

Mrs Oluyinka Shokunbi

Shokunbi said contraceptive access could help prevent unintended pregnancies, improve maternal and child health and advance women’s ability to pursue education, careers and participation in public life.

 

She said cultural, religious and information barriers continued to limit access to contraception, while young people were increasingly turning to social media and artificial intelligence for sexual health information.

 

She called for unhindered access to accurate information and contraceptive choices, particularly for women and girls who remain underserved by existing health systems.

 

KANO FOCUS reports that the engagement was held under the 2026 World Contraception Day theme,“No Barriers, Just Choices: Contraceptive Access Now!”

 

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