Business
Community Engagement, Sustainability Take Centre-Stage At Dangote Cement
Dangote Cement Plc is prioritizing community engagement, empowerment, and environmental stewardship to sustain its upward trajectory.
The cement manufacturing giant express belief that true business progress should be measured more by the holistic development of all stakeholders than by economic prosperity.
Plant Director, Dangote Cement Plc Obajana, Azad Nawabuddin, made the assertion during a media chat in Obajana.
He explained that the relationship between Dangote Cement and its host communities and other stakeholders transcends transactional exchanges because it is built on a foundation of trust, mutual respect, and shared aspirations.
He said, “The communities in which we operate are not just beneficiaries; they are our partners in progress.”
Reaffirming the company’s commitment to host communities, Nawabuddin, who recently moved from the Ibese plant, emphasized that the company would continue collaborating with key stakeholders in Obajana for the implementation of impactful projects.
According to him, empowerment of residents through skills development and capacity-building initiatives are crucial to Dangote Cement’s vision.
“We recognize the importance of equipping community members with the requisite skills to thrive in today’s competitive landscape,” Nawabuddin asserted.
The Dangote Cement boss opined that this would enhance employability and foster entrepreneurship among youth and women in the host communities.
With a steadfast commitment to corporate social responsibility (CSR) and sustainable development, Nawabuddin outlined initiatives to strengthen the bond between Dangote Cement and the communities.
He emphasized that the company views its host communities as partners.
“In terms of community engagement, we will hold meetings to explore avenues for supporting them, including opportunities for businesses and contracts. The communities are integral partners for us. Through dialogue with them, we aim to execute significant projects that will bring them lasting benefits,” he stated.
Nawabuddin also stressed that the importance of environmental stewardship and sustainable practices in Dangote Cement’s operations.
“We are custodians of the environment, and it is our duty to ensure that our activities leave a positive impact on the ecosystem,” he added.
Nawabuddin explained that in addition to socio-economic development is the importance of addressing security concerns in the host communities. He said through collaborative efforts with law enforcement agencies and community-based initiatives, security risks will be mitigated, and the well-being of residents will be upheld.
“We are working closely with local authorities and community leaders to enhance security measures and create a safe and conducive environment for all,” he added.
The Nigerian Economic Summit Group (NESG) has projected that the country has the potential to achieve a 5.5% growth in Gross Domestic Product (GDP) if critical policy reforms are sustained.
This was disclosed on Thursday during the launch of the NESG’s 2025 Macroeconomic Outlook report.
Speaking at the event, the Chief Economist and Director of Research & Development at NESG, Dr. Olusegun Omisakin, highlighted the need for more efficient policy implementation to unlock Nigeria’s economic potential.
READ MORE: Davido Is Richer Than His Billionaire Father – Ibrahim Chatta Claims
“We believe at the optimal level, if we embark on more efficient policy reforms, the Nigerian economy has the potential, the GDP to end up at 5.5 per cent, and we believe that this is achievable,” Omisakin stated.
More to follow……….
The Central Bank of Nigeria (CBN) has announced the release of the Nigerian Foreign Exchange (FX) Code, a set of guidelines designed to promote ethical conduct among authorized dealers in the country’s FX market.
In a statement, the apex bank disclosed that the official launch of the Code would take place on Tuesday, January 28, 2025, at the CBN Head Office Auditorium in Abuja.
READ MORE: Dangote Denies Culpability In Pumping Up Petrol Price
“The Central Bank of Nigeria has approved the release of the Nigerian Foreign Exchange (FX) Code as a guideline to the banking industry to promote the ethical conduct of authorised dealers in the Nigerian Foreign Exchange Market,” the statement read.
The introduction of the FX Code is expected to enhance transparency, accountability, and professionalism within Nigeria’s foreign exchange ecosystem, aligning it with global best practices.
The event is anticipated to attract key stakeholders in the financial and banking sectors, as well as representatives from authorized FX-dealing institutions across the country.
The 47th President of the United States, Donald Trump attracted up 3 trillion dollars in investments into the country’s economy in his first full day at work.
This was gleaned from the verified handle of the POTUS on micro-blogging site, X, on Wednesday.
Biztellers reports that the POTUS is focused ensuring at least $1 trillion investment daily for the first seven days of his return to the White House, which would be driven by key clearly identified areas, including artificial intelligence.
ALSO READ: WHO Expresses Regret Over US’ Withdrawal
President Trump wrote, “In total, before the end of my first full business day in Washington and the White House, we’ve already secured nearly $3 trillion of new investments in the United States.
“And probably, that’s going to be six or seven by the end of the week.”
In a short video clip accompanying the statement, President Trump assured that the surge in investments would likely hit $7 trillion within his first seven days as the 47th POTUS.
He highlighted that artificial intelligence had proven to be an area lots of willing entrepreneurs had shown much appetite for.
$345,000 Fraud: EFCC Withdraws Arrest Warrant For Mercy Chinwo’s Ex-Manager
Lawmaker Introduces Bill To Allow Trump A Third Presidential Run
Belgium Appoints Rudi Garcia As National Team Coach
Tinubu Appoints Ganduje, Ajibola, Others As Heads Of Federal Agencies
Bangkok Shuts Over 350 Schools As Air Pollution Reaches Dangerous Levels
Abia Courts Set To Resume As JUSUN Calls Off Strike
OSSG Raises Alarm Over Murder Plot By APC Chieftain
NCC, SMEDAN, NAICOM, SEC, Others Set for SUPERNEWS SMEs Conf June 13
Sahara’s Tonye Cole resigns from GPHCDA
Niger Delta Avengers: President Buhari Reads riot Act …considers the carrot and stick option
Oando opens ultra-modern petrol station in Lagos
