NEWS
Laptops, Grinding Machines Flow Freely as Dangote Cement Ibese Bonds with Host Communities
In an atmosphere of conviviality which has characterised Dangote Cement Ibese Plant’s operations the company bonded with its host communities to reinforce commitment to sustainable development and inclusive progress.
This saw the company mark its 2025 Host Community Day celebration at Ibese, Ogun State, under the theme “Sustaining Growth, Strengthening Bonds”.
The event brought together stakeholders, government officials, and community representatives in a dynamic display of cultural unity and partnership, the management of the company expressed irrevocable commitment to the wellbeing of the host communities.
In his address of welcome, the Plant Director, Ayyagari Subbaraidu emphasized that the Community Day celebration as a platform is instrumental in nurturing relationships with host communities and key partners. “This celebration is not just about our achievements in cement production but about reflecting on our journey of care, inclusion, and partnership,” Subbaraidu stated, highlighting the strong turnout and vibrant cultural performances as proof of the collaborative spirit between Dangote Cement and its stakeholders.
Subbaraidu who was represented by Hemant Dave, Chief General Manager in charge of maintenance at the Plant, further expressed deep gratitude to the Ogun State Government for its unwavering support, recognizing the presence of distinguished guests such as the Speaker of the Ogun State House of Assembly, the Commissioner for Community Development and Cooperatives, Executive chairmen of the host local governments, and other dignitaries.
He pointed out that the event was designed to strengthen mutual trust and deepen collaboration with the host communities, describing development as a shared responsibility.
He highlighted the company’s ongoing investments in educational support, healthcare access, infrastructure upgrades, and empowerment programmes for youths and women, stressing that these initiatives reflect Dangote Cement’s long-term commitment to responsible corporate citizenship.
The Plant Director then thanked the traditional leaders, youth, and women groups for their ongoing cooperation, assuring them of the company’s steadfast commitment to meaningful community development.
On his part, the Speaker of the Ogun State House of Assembly, Oludaisi Elemide, commended the company for its consistent engagement and sustained contributions, noting that the initiatives have positively impacted social welfare and economic opportunities in the area.
The Speaker called for continued cooperation between the company and its host communities, urging other wealthy Nigerians to emulate the founder of the Company, Aliko Dangote by investing locally to support national economic development.
In his remarks, Ademola Balogun, Ogun State Commissioner for Community Development and Cooperatives, lauded Dangote Cement’s robust Corporate Social Responsibility initiatives.
He reaffirmed the state government’s determination to strengthen collaboration with the company and all communities to foster lasting peace and sustainable advancement. “Through cooperation, transparency, and shared responsibility, we can achieve the progress we all desire,” Balogun stated.
On the Ibese plant’s 2025 social investment scorecard during the year, Head of Social Performance Ademola Ojolowo noted the consistent progress recorded by the Company in many areas such as economic empowerment, education, healthcare, and infrastructure. He disclosed that the Ibese Plant is set to launch several new social investment projects in 2026, building on successful initiatives from the previous year.
He stated that the company has increased its scholarship fund for secondary and tertiary students and is close to completion of ongoing development projects across the 17 host communities.
Speaking on behalf of the traditional rulers, Oba Oluseyi Mulero, the Aboro of Ibeseland conveyed the appreciation of the people to Dangote Cement for its positive contributions and empowerment programs, which have significantly enhanced quality of life in the area.
ALSO READ: IPMAN Urges Members to Patronise Dangote as Free Delivery Starts January 2026
He encouraged the company to expand its efforts in the coming year and urged community members to take ownership of these projects for them to be durable while maintaining peace.
The Community Day event featured lively traditional games, captivating cultural performances, and prize presentations. In further recognition of the vital place of education for the youths and making them digitally literate, the beneficiaries of its ICT training programme were given laptops while women were given dozens grinding machines to empower them in income generation.
Photo Caption: L-R, Member of Ogun State House of Assembly, Hon. Adeyanju Adegoke Awoso; HRH, Oba Lukumon Kuoye, Olu of Imasayi ; Dangote Cement Plc, Chief General Manager (Maintenance) Ibese Plant, Hemant Dave, Represent the Plant Director presenting laptop to a beneficiary of the Youth Empowerment Badmus Adekunle Rasaq; ; Hon Oludaisi Olusegun Elemide, Speaker Ogun state House of Assembly; Chairman of Yewa North Local Government (Ogun State) Dr. Olusola Samuel Akinbode and Group Head, Social Performance, Dangote Cement Plc, Mr. Wakeel Olayiwola at the Dangote Cement Plc, Ibese Plant, 2025 Edition of Community Day, Ibese Ogun State
NEWS
‘Ready to Kick, Ready to Work’ — Tinubu Addresses Health Rumours
President Bola Ahmed Tinubu has declared that he is healthy, sound and ready to resume work after returning to Nigeria from his four-week working vacation in Europe.
Tinubu made the remarks on Tuesday shortly after arriving in Lagos from Paris, France, where he spent the final part of his vacation.
SEE MORE: Tinubu Departs Paris for Lagos, Set for Abiola Tribute
Speaking briefly after his arrival, the President said he enjoyed the break before assuring Nigerians of his readiness to return to official duties.
“I enjoyed myself,” Tinubu said.
On his readiness to resume work, he added: “Ready to kick, ready to work. There’s nothing wrong.”
The President also addressed rumours surrounding his wellbeing, attributing such speculation to the political environment.
“Well, rumour will always be emanating from politics, but the fact remains I’m here—healthy, sound, and ready to go,” he said.
Tinubu arrived at the Presidential Wing of the Murtala Muhammed International Airport in Lagos at about 6:22 p.m. on Tuesday, marking the end of his European working vacation.
His return comes ahead of Nigeria’s 66th Independence Anniversary on October 1, with the President expected to participate in activities marking the occasion in Lagos.
The Presidency had earlier said Tinubu would remain in Lagos for several days for Independence Day engagements and strategic meetings before returning to Abuja.
Tinubu departed Nigeria on August 30 and spent time in London and Paris during the trip, while continuing official engagements.
NEWS
‘People Never Believed NDDC Could Do This’ — Ogbuku Highlights Kaa-Ataba Bridge
The Managing Director and Chief Executive Officer of the Niger Delta Development Commission (NDDC), Samuel Ogbuku, has highlighted the completion of the 1.2-kilometre Kaa-Ataba Bridge in Rivers State as evidence of the Commission’s growing capacity to deliver major infrastructure projects across the Niger Delta.
Ogbuku spoke at the 2026 NDDC Partners for Sustainable Development Conference in Port Harcourt, where he attributed the Commission’s progress to the support and cooperation of its development partners and other stakeholders.
SEE MORE: Otti Commends NDDC, Charges Team Abia To Dominate NDSF
The Kaa-Ataba Bridge links Khana and Andoni Local Government Areas of Rivers State and is expected to improve connectivity between the communities when opened to vehicular traffic.
According to Ogbuku, the project is among developments that many previously considered beyond the capacity of the NDDC.
“These are things that, in the past, people never believed the NDDC could do. Today, we are doing them seamlessly because of the support we are getting,” he said.
The NDDC boss said the progress recorded by the Commission demonstrated the impact of collaboration between the agency and its development partners.
He thanked stakeholders, President Bola Ahmed Tinubu, the National Assembly and the Minister of Regional Development for their support and encouragement towards the delivery of projects across the Niger Delta.
Ogbuku said the achievements also underscored the importance of collective responsibility, in line with the theme of the 2026 conference, “Synergy for Transformation.”
NEWS
‘Some Lessons for Atiku’ — Onanuga Touts NNPC’s ₦7.2tn Profit, Warns Against Subsidy Return
Presidential spokesman Bayo Onanuga has highlighted the Nigerian National Petroleum Company Limited’s (NNPC Ltd) latest financial and operational performance, saying the figures offer “some lessons for Atiku” amid the debate over fuel subsidy.
Onanuga disclosed this in a post on X on Tuesday while reviewing NNPC’s key financial performance for 2025 following the release of the company’s audited results.
According to him, NNPC’s earnings before interest, taxes, depreciation and amortisation (EBITDA) rose by 22 per cent to ₦18 trillion, while earnings per share increased by 32 per cent to ₦35.9.
ALSO READ: ‘We’ll Bring Back Subsidy in Our Own Way’ — Kwankwaso
He said the company’s operating cash flow also grew by 16 per cent to ₦12.8 trillion, while return on equity improved by 200 basis points to 16 per cent.
Onanuga further noted that NNPC declared a ₦5.8 trillion dividend, representing a 35 per cent increase.
Highlighting the company’s operational performance, he said crude oil and condensate production averaged 1.77 million barrels per day, its highest level in five years.
Natural gas output, he added, averaged 7.2 billion standard cubic feet per day, representing a three-year high.
Oil and condensate production totalled 565.8 million barrels, up five per cent, while NNPC’s equity share increased by 11 per cent to 223.7 million barrels.
Gas production also reached 2,606.2 billion standard cubic feet, up nine per cent, while the company’s equity share rose by 11 per cent to 1,154.9 billion standard cubic feet.
Onanuga then linked the performance to the subsidy debate, arguing against a return to petrol subsidy.
“Atiku’s subsidy programme will certainly kill this company, which could be our own Aramco. Our country has no business taking 100 steps back. Forward ever!” he said.
NNPC Records ₦7.2tn Profit
NNPC Ltd had earlier announced a 33 per cent increase in profit after tax for the financial year ended December 31, 2025.
The company’s profit after tax rose from ₦5.4 trillion in 2024 to ₦7.2 trillion in 2025, while revenue stood at ₦34.5 trillion.
NNPC also reported a 22 per cent increase in EBITDA to ₦18 trillion, a 16 per cent rise in operating cash flow to ₦12.8 trillion and a 32 per cent increase in earnings per share to ₦35.9.
The company declared a ₦5.8 trillion dividend, representing a 35 per cent increase.
On production, NNPC said crude oil and condensate output averaged 1.77 million barrels per day, its highest level in five years, while natural gas production averaged 7.2 billion standard cubic feet per day.
The company said the results reflected stronger earnings capacity and operational momentum as it continues to pursue increased production and investment across the Nigerian oil and gas sector.






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