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Dangote Cement: Pan-African revenue for half-year grows by 139.9%

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Nasiru Yusuf Ibrahim

 

Dangote has continued to attract huge forex into the country through his pan-African operations as the half-year result for Dangote Cement indicates an increase in revenue from Pan-African operations by 139.9 per cent, growing to N807.1 billion as against N336.4 billion, reported in the corresponding period of 2023.

KANO FOCUS reports that the cement plant also reported a 10.9 percent increase in the Nigerian market which rose from 8.0Mt to 9.0Mt in the half year ended June 30, 2024. According to the 2024 half-year results of the cement company, group volumes rose by 3.8 percent to 13.9Mt. Group revenue was up by 85 percent to N1,760 billion compared to N950 billion at the corresponding period in 2023 driven by 60 percent growth in Nigeria which rose to N991 billion from N618 billion.

A statement sent to KANO FOCUS by Dangote Industries Limited said as part of continuous efforts to promote a cleaner environment, Dangote Cement commissioned 11 of the 17 Alternative Fuel Projects across the Group and also took delivery of 300 full CNG trucks for its Nigerian business. It achieved a thermal substitution rate estimated at 10.5 percent for H1 2024 compared to 7.8 percent in H1 2023.

Chief Executive Officer, Dangote Cement, Arvind Pathak, in his remarks, said: “We effectively navigated macroeconomic headwinds to deliver positive results in the first half of the year. Group volumes were up 3.8%, with our Nigeria operations achieving double-digit volume growth of 10.9%. This growth was driven by improved efficiency across our operations and supported by increased market activity levels compared to the election year and cash crunch in 2023.

Despite the challenges of elevated inflation, high borrowing costs, and a further weakening of the currency in the first six months of the year, our business demonstrated strong resilience. This was due to our rigorous focus on cost minimisation and our diversified business model.”

He added, “Group revenue and EBITDA rose 85.1% and 50.3% to ₦1,760.1 billion and ₦666.2 billion, respectively. Our Profit After Tax (PAT) reached ₦189.9 billion, marking a 6.3 percent increase. I am pleased with the performance of our business, as key financial indicators are showing positive trends.

By leveraging our robust export-to-import strategy, Dangote Cement completed fourteen shipments of clinker from Nigeria to Ghana and Cameroon. This effort resulted in a 55.2 percent surge in our Nigerian exports, underscoring our commitment to fostering African self-sufficiency.

Looking ahead, we remain bullish about the growth prospect of the African region, evident in our increased capital investments. We continue to prioritise innovation, cleaner energy transition, and cost leadership towards achieving our vision of transforming Africa and building a sustainable future.”

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Gov. Yusuf appoints Dr. Aminu Magashi co-chair of Kano anti-drug abuse task force

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Nasiru Yusuf Ibrahim

 

Kano State Governor, Alhaji Abba Kabir Yusuf, has appointed renowned public health expert, Dr. Aminu Garba Magashi, as Co-Chair of the Kano State Anti-Drug Abuse Task Force in a renewed effort to combat substance abuse and related social vices across the state.

 

KANO FOCUS reports that the appointment was announced in a statement issued on Monday by the Director-General, Media and Publicity, Government House, Kano, Sunusi Bature Dawakin Tofa.

 

According to the statement, the appointment underscores the administration’s commitment to strengthening collaboration with civil society organisations, public health professionals and other stakeholders in tackling the growing menace of drug abuse, particularly among young people.

 

Governor Yusuf also disclosed plans by the state government to establish a mobile court dedicated to the speedy prosecution of drug-related offences and other social crimes.

 

He said the initiative is aimed at ensuring swift justice, strengthening law enforcement and serving as a deterrent to offenders.

 

The governor expressed confidence that Dr. Magashi’s extensive experience in public health policy, social protection and community development would enhance the effectiveness of the task force and support the government’s efforts to build a safer, healthier and drug-free Kano.

 

Dr. Magashi is the President of the Africa Health Budget Network and a respected civil society advocate with decades of experience in healthcare, public policy and community development.

 

As part of efforts to strengthen the task force, Governor Yusuf also approved the inclusion of a representative of the Kano State Sharia Commission in its membership to ensure that its activities conform with Islamic guidance.

 

The state government said the latest measures form part of broader efforts to address drug abuse, improve public safety and protect communities from the social and economic consequences of substance abuse.

 

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Gov. Yusuf tasks media on truthful reporting, patriotism

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Nasiru Yusuf Ibrahim

Kano State Governor, Alhaji Abba Kabir Yusuf, has called on conventional and social media practitioners to promote factual reporting, patriotism and active citizen participation as part of efforts to deepen democracy and strengthen public trust.

KANO FOCUS reports that the governor made the call on Monday while declaring open the maiden Arewa Media Summit held at the Coronation Hall, Government House, Kano. The summit was organised by the Office of the Senior Special Assistant to the President on Media and Public Enlightenment in collaboration with the Kano State Government.

 

A statement issued by the Governor’s Chief Press Secretary, Mustapha Muhammad, quoted Governor Yusuf as saying that the media must remain committed to truth, bridge generational divides, amplify the voices of the people and encourage responsible civic engagement.

 

He described the theme of the summit, Government, Citizens’ Accord, Accountability, Responsibility and Ethical Media Practice, as timely, noting that it provides an opportunity to strengthen governance, accountability and public confidence through ethical journalism.

 

According to the governor, responsible journalism and access to credible information are critical to national development and the successful implementation of government policies and reforms.

 

Governor Yusuf said his administration has continued to support media development by protecting press freedom and creating an enabling environment for journalism to thrive.

 

He listed the establishment of Northern Nigeria’s first Online Media Chapel, sponsorship of information officers for registration with the Nigerian Institute of Public Relations (NIPR), and the registration of journalists with the Nigerian Society of Broadcasters (NSB) among the state’s achievements in advancing professional journalism.

 

The governor also commended the Minister of Information and National Orientation, Mohammed Idris, for strengthening information management across the country, and praised the Senior Special Assistant to the President on Media and Public Enlightenment, Abdulaziz Abdulaziz, for promoting professionalism and ethical journalism through the summit.

 

In his remarks, the Minister of Information and National Orientation said the future of Northern Nigeria depends not only on investments in infrastructure and agriculture but also on credible journalism, responsible communication and effective storytelling.

 

Also speaking, Abdulaziz Abdulaziz said the summit was organised to promote accuracy, fairness and professionalism in reporting government activities while strengthening the relationship between government, citizens and the media.

 

Delivering the vote of thanks, the Director-General, Media and Publicity, Government House, Kano, Sunusi Bature Dawakin Tofa, said Governor Yusuf’s sustained investment in the training and retraining of media practitioners has enhanced journalism practice in the state.

 

KANO FOCUS reports that the summit attracted the Deputy Governor of Kano State, Alhaji Murtala Sule Garo, ministers, lawmakers, academics, media professionals and participants from across Northern Nigeria.

 

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Kano launches free 48-hour emergency treatment scheme for accident victims, other critical cases

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Nasiru Yusuf Ibrahim

 

The Kano State Government has introduced a free emergency medical treatment programme that provides eligible patients with lifesaving care for the first 48 hours at designated hospitals across the state.

 

KANO FOCUS reports that the initiative, being implemented through the Kano State Emergency Medical Services and Ambulance System (KN-SEMSAS) under the Ministry of Health, is designed to ensure that victims of medical emergencies receive prompt treatment without financial barriers.

 

According to information released by the state government, the scheme covers children under the age of five, including newborns with emergency conditions, road traffic accident victims, gunshot injuries, snakebite cases, drowning incidents, fire-related injuries, building collapse victims, communal clash casualties and other weapon-related injuries.

 

The programme also includes obstetric and neonatal emergency referrals from Kano State’s 18 MAMII local government areas through the SaveMAMA referral system.

 

Under the initiative, emergency treatment is provided free of charge for the first 48 hours at accredited Emergency Medical Treatment Centres (EMTCs) across the state.

 

The government advised patients or their relatives to contact the KN-SEMSAS Emergency Call Centre before or immediately upon arrival at an accredited hospital to obtain an authorisation code, while stressing that emergency treatment should not be delayed while the code is being processed.

 

Residents were urged to use the national toll-free emergency line 112 or the state’s dedicated emergency numbers 09019999920 and 09049999914 to request ambulance services and access the programme.

 

The accredited hospitals participating in the scheme include Aminu Kano Teaching Hospital (AKTH), National Orthopaedic Hospital, Dala, Muhammad Abdullahi Wase Teaching Hospital (MAWTH), Murtala Muhammad Specialist Hospital, Sir Muhammad Sanusi Specialist Hospital, Sheikh Muhammad Jidda General Hospital, Waziri Shehu Gidado General Hospital, MDS Hospital, Zak Clinic, MGK Hospital and Khadijat Memorial Hospital.

 

The state government said the initiative forms part of ongoing efforts to strengthen emergency healthcare delivery and improve access to lifesaving medical services for residents.

 

It called on members of the public to take advantage of the programme and share information about the emergency treatment scheme to enable more residents to benefit from the free services.

 

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