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Dangote Splashes N15bn in Gifts, Cash to Appreciate Cement Distributors

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The Dangote Cement Plc has celebrated its top distributors and customers with ₦15 billion worth of rewards for their continued loyalty, resilience, and outstanding performance.

The 2026 Distributors’ Awards Night, held at Eko Convention Centre, Victoria Island, Lagos, celebrated the company’s highest-performing partners under the theme “Partner for Growth.” Recipients received an impressive array of gifts, including cash prizes, containers of cement, high-end SUVs, and CNG-powered trucks, all valued at ₦15 billion

President/CE of Dangote Industries Limited, Aliko Dangote, speaking at the 2026 Distributors’ Awards Night, hailed the distributors as the heartbeat of the organisation and praised their dedication in ensuring the Dangote products reach communities nationwide.

“Your tireless work in the field, your alluring commitment to our products and your direct engagement with our customers are what turn our vision and strategies into tangible results. Today’s celebration, themed ‘Partner for Growth,’ is a testament that our growth journey for 2026 has already begun,” he expressed.

Dangote used the occasion to reiterate the company’s Vision 2030 strategy, aimed at transforming Dangote Group into a $100 billion enterprise by 2030. The plan, he explained, focuses on industrial expansion, cross-border investments, and building Africa’s self-sufficiency in sectors such as energy, manufacturing, and infrastructure.

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The African industrial titan disclosed that the Dangote Cement Group is targeting a cement production capacity expansion to approximately 90 million tonnes by 2030. He emphasised that the company’s ambition goes far beyond building factories. He explained that the focus is on building Africa’s capacity to feed itself, power its economy, develop its people, and drive sustainable industrialisation.

“Under this vision, we have announced the expansion of our petroleum refinery from 650,000 bpd to 1.4 million bpd, the fertiliser plant to 12 million metric tonnes per annum, and an increase in production at the polypropylene plant. Our cement company is also targeting a production capacity of approximately 90 million tonnes by 2030. And 90 million tons by 2030 means that we are 50 per cent more than the entire production of Saudi Arabia,” he said.

“Vision 2030, an integral aspect of our Africa First project, was borne out of my firm belief that Africa’s future will be built by Africans who refuse to accept limits – people who dream big, work hard, and never stop believing in what is possible.”

“Our ambition goes beyond building factories. It is about building Africa’s capacity to feed itself, power its economy, develop its people, and drive sustainable industrialisation. We are empowering the next generation through the launch of a one trillion-naira ($600 million) education fund in December 2025”.

As part of this vision, the Aliko Dangote Foundation launched a ₦1 trillion ($600 million) education fund in December 2025, pledging support for over 1.3 million vulnerable Nigerian students, with emphasis on scholarships, STEM, TVET, and girls’ education.

Chairman of the Board of Directors, Dangote Cement Plc, Emmanuel Ikazoboh, in his first official attendance as Board Chairman, highlighted the critical role of distributor partnerships in ensuring the company’s products reach every corner of the country.

Speaking to the assembled distributors, Ikazoboh announced that, “Tonight, we are giving out about ₦9 billion in cash to our distributors. For some of you, it will be a double celebration, as you may receive two alerts in recognition of both your volume and growth results.”

He added that the rewards go beyond cash. “In addition to the cash prizes, we have prepared other exciting gifts, including CNG-powered trucks, high-end cars, and more, to show our appreciation for your commitment and outstanding performance,” he said.

He further outlined the company’s plans to start the year strong by supporting its distributor partners. He stressed the importance of supply chain efficiency and profitability as key pillars for growth, saying:

Ikazoboh also noted that the company has invested in new CNG-powered trucks, as the company’s target at the end of 2027 is to have all its trucks CNG-powered, supporting both logistics efficiency and empowering customers.

“We have made significant investments in new Compressed Natural Gas (CNG)-powered trucks. This initiative not only empowers our customers but also emphasises our dedication to corporate responsibility and global sustainability guidelines. These rewards reflect our promise to support customers and champion sustainable business practices.”

He revealed plans for a greenfield two-line, 6 million metric tonnes per annum cement plant in Itori, Ogun State, dedicated to exports, alongside expansions at the grinding plant in Côte d’Ivoire, signalling Dangote Cement’s commitment to pan-African growth.

He strengthened his commendation for the distributors, recognising their dedication and commitment and emphasising their central role in the company’s overall success.

“Your perseverance, trust, and loyalty help us maintain visibility and availability for our products nationwide. We are genuinely interested in seeing your businesses grow bigger, stronger, and more profitable.”

Photo caption:
L-R: President/CE, Dangote Industries Limited, Aliko Dangote; Overall Winner, Otunba Kazeem Olayemi Odeyeyiwa, MD/CEO Kazab Heritage Limited and his wife, Chief Mrs Adesola Odeyeyiwa; Chairman, Dangote Cement Plc, Emmanuel Ikazoboh at the Dangote Cement Plc 2025 Customer Award Night and Celebration, in Lagos on Wednesday, 14 January, 2026.

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Reps Order Immediate Solution to Niger-Delta Communities Oil Spill

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Reps asks Nigerian Army to secure its FOBs HQ of 2nd Division Garrison in Ibarapa, Oyo State

With fresh technical findings indicating the presence of potentially hazardous gases and pollution in the community’s air, water and sediment, the House of Representatives Committee on South-South Development Commission has ordered urgent intervention to end the prolonged gas seepage in Niger-Delta communities including Bille in Rivers State and Odidi Federated in Delta State.

The committee’s Chairman, Julius Pondi, made the demand on Thursday during an urgent stakeholders’ engagement on the Bille gas seepage and a legislative hearing on the Odidi oil spill in Abuja.

Pondi said the two incidents underscored the environmental and developmental challenges confronting oil-producing communities in the Niger Delta region, where residents continue to bear the consequences of environmental degradation despite the region’s contribution to the national economy.

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The committee’s concern over Bille, he said, was heightened by its engagement with the Nigerian Upstream Petroleum Regulatory Commission and the National Oil Spill Detection and Response Agency on July 30, 2026, noting that it was unacceptable that the gas seepage had continued for about nine months without a clear solution.

“The implications are serious. Beyond the potential risks to health, safety and the environment, the incident has imposed severe economic hardship on the people of Bille.

“It is unacceptable for an incident of this magnitude to persist for so long without a clear, time-bound and effective resolution strategy,” he stated.

Pondi said Thursday’s engagement was intended to establish the facts surrounding the incident, assess the response by government agencies and operators, identify outstanding challenges and agree on practical and measurable steps towards resolving the crisis.

He stated that the committee expected comprehensive briefings from the operating company, NUPRC, NOSDRA and other relevant agencies on the cause, extent and current status of the seepage.

The representatives of Bille community were also allowed to present their concerns and outline the relief and interventions required.

“Most importantly, we want to move from prolonged discussion to concrete action and lasting resolution,” Pondi said.

Providing a technical briefing, a director of NOSDRA, Dr Yusuf Rigasa, said the agency had confirmed the presence of multiple gases, including hydrogen sulphide, methane, volatile organic compounds and carbon dioxide, at several locations in Bille, Degema Local Government Area of the state.

Rigasa said investigations established what he described as “multi-point subsurface gas bubbling” in different parts of the community, including the premises of the Government Primary and Secondary School, saying the school had subsequently been abandoned, while gas bubbling was also confirmed around waterways and mangrove areas.

According to him, NOSDRA conducted an air-quality assessment on December 6, 2025, across 19 stations and recorded elevated concentrations of the aforementioned pollutants.

He explained that hydrogen sulphide has a characteristic rotten-egg smell, while methane is highly flammable and potentially explosive, adding that the concentrations recorded during the assessment exceeded applicable regulatory thresholds.

He added that the agency’s reference laboratory analysed samples collected on December 16, 2025, and detected elevated levels of total petroleum hydrocarbons in groundwater, surface water and sediment samples.

The findings, after sample analysis by the agency’s reference laboratory, “indicated that parts of Bille’s soil, surface water and groundwater had been affected by pollution.”

However, Rigasa said NOSDRA had not established that the gases were from a hydrocarbon source or linked to any particular oil and gas operator.

He said the agency’s technical presentation to the Minister of Petroleum Resources indicated that “the source of the seepage was probably biogenic, resulting from the degradation of organic matter.”

The NOSDRA official said the agency had compared the Bille situation with the Lake Nyos gas disaster in Cameroon in 1986, stressing the need for the incident to be treated with utmost seriousness.

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NMDPRA Licenses LCFE for Petroleum Liquids Trading

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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has licensed the Lagos Commodities and Futures Exchange (LCFE) to be facilitating the trading and clearing of petroleum liquids.

Expectations are that the development would deepen price discovery, transparency and investment in Nigeria’s energy market.

The approval provides LCFE with the regulatory foundation to establish a structured marketplace for petroleum liquids, linking the physical petroleum market with Nigeria’s capital market through regulated trading, clearing and settlement infrastructure.

The licence was unveiled in Abuja on Tuesday at a stakeholder event attended by senior representatives of the NMDPRA, the Securities and Exchange Commission (SEC), S&P Global Ratings, the Central Securities Clearing System (CSCS), Alliance Law Firm, and other capital and energy market operators.

Already, no fewer than ten petroleum liquid traders have committed to participating in the exchange, providing an initial pool of market participants for the development of the new trading ecosystem.

READ ALSO: NUPRC Dispels Recruitment Rumours

At the event, the Managing Director and Chief Executive Officer of LCFE, Akin Akeredolu-Ale, said the approval marked a defining moment for Nigeria’s commodities market, noting that the infrastructure required to support petroleum liquids trading was falling into place.

He said, “The issuance of this licence marks a defining moment for Nigeria’s commodities market. It gives us the regulatory foundation to bring petroleum liquids into a transparent, structured, and technology-enabled marketplace, connecting the physical energy market with Nigeria’s capital market.”

Akeredolu-Ale pointed out that the emerging market architecture would incorporate technology-enabled trading, two-way quotations, contract trading and settlement, as well as licensed collateral managers to strengthen oversight and risk management.

The development comes as Nigeria’s petroleum industry undergoes significant structural changes following the implementation of the Petroleum Industry Act (PIA), full deregulation of the downstream market and the commencement of operations at the Dangote Petroleum Refinery and Petrochemicals (DPRP).

On his part, the Chief Executive of NMDPRA, Rabiu Umar, noted that the authority’s priority was to create a predictable, equitable and transparent regulatory environment capable of attracting investment and supporting sustainable growth in the energy sector.

According to him, the PIA, market deregulation and the emergence of large-scale domestic refining capacity have fundamentally altered Nigeria’s position in the global energy landscape.

Also speaking, the Director-General of SEC, Dr Emomotimi Agama, commended LCFE for pursuing the initiative, describing it as a transformative opportunity for Nigeria’s commodities and capital markets.

On her part, S&P Global Ratings’ Managing Director, Africa Research & Analytics and Country Head, South Africa, Samera Mensah, stressed the importance of credible market infrastructure, transparent pricing benchmarks and credit ratings in building investor confidence.

She added that S&P’s reclassification of Nigeria from a frontier market to an emerging market aligns with the Federal Government’s target to expand the economy to $1tn.

Similarly, the Division Head, Business Services & Client Experience at CSCS, Onome Komolafe, assured stakeholders that the financial market infrastructure provider would support the new market through its depository, clearing and settlement capabilities, including digital asset recording.

In his remarks, the Founder and Managing Partner of Alliance Law Firm, Uche Obi, described the licence as a major legal and regulatory milestone that underscores the regulatory and institutional capacity backing the platform.

Market watchers have described the NMDPRA approval as a landmark step in LCFE’s broader vision to transform Nigeria’s commodities landscape and position the exchange as a premier energy trading hub in Africa.

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NNPC/Shell Vision First Initiative Impact over 10,000

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The Vision First initiative of the Nigerian National Petroleum Company Limited (NNPC) and Shell Nigeria Exploration and Production Company Limited (SNEPCo) has continued to impact lives across Nigeria with more than 10,000 people benefitting from outreaches since its inception in 2022.

The latest outreach holds this week in Badagry Local Government Area of Lagos State.

“Vision First is more than an outreach programme—it is a promise. A promise that quality healthcare should not be limited by geography, income, or circumstance,” SNEPCo Managing Director Ronald Adams said in an address read by General Manager Corporate Relations, Abubakar Ahmed at the opening ceremony yesterday.

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Vision First which is part of the Health-in-Motion programme of NNPC/SNEPCo, takes eyecare to underserved communities, with the health team also providing cardiovascular screening, consultations and treatment for mild and chronic illnesses, laboratory tests and pharmaceutical services and distributing insecticide-treated nets.

Hundreds of people in Badagry and from adjoining communities are attending the 6th edition of Vision First which is being hosted in collaboration with Kolmarg Eyesight Foundation, the Lagos State Ministry of Health, and Badagry Local Government Council.

Ron said: “As we celebrate the impact of this outreach, let us remember that behind every consultation, every treatment, and every pair of glasses provided is a human story. It is a mother who can care for her family with confidence, a father who can continue to provide, a student who can see clearly in the classroom, and a child whose future has become a little brighter.”

Chief Upstream Investment Officer, NNPC Upstream Investment Management Services (NUIMS), Olanarenwaju Igandan said in remarks delivered by Advisor, Community Relations Mr. Usman Mohammed Bello: “I urge parents, elders, workers, traders, teachers and all residents to participate actively and encourage others to do the same. Early detection and treatment of health conditions can significantly improve quality of life and prevent avoidable complications.”

Permanent Secretary, Lagos State Ministry of Health, District 5, Dr Asiyanbi Oladapo and Chairman Badagry Local Government Council Babatunde Hunpe commended NNPC and SNEPCo for their longstanding support for the programme. Executive Director Kolmarg Eyesight Foundation, implementing partner of Vision First, Prof. Olukorede Adenuga advised the people to take advantage of the outreach as “a simple intervention can make a profound difference.”

Supported by NNPC and co-venturers, SNEPCo has implemented social investment projects across Nigeria in health, education, and human capital development among others, since its establishment in 1993. The company continues to power progress in Nigeria by efficiently producing oil and gas in deepwater, developing human capital, promoting Nigerian content, and improving lives.

 

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