Business
Sustainability: Dangote Cement Commits To Carbon Emission Reduction
. . . Feeds Vulnerable Communities, Empowers Children, Widows
As part of activities marking the 2024 Global Sustainability Week, leading Cement manufacturer, Dangote Cement Plc unveiled skills acquisition and educational empowerment initiatives during an outreach to vulnerable and deprived in communities across its business operations.
This is just as the President/Chief Executive of Dangote Group, Aliko Dangote assured all stakeholders that all his Business Units are committed to optimising their operations to contribute to the attainment of net zero within the global stipulated timeframe.
The reach out initiative, which is one of the hallmarks of the 2024 Dangote Sustainability Week themed “Business Optimisation for Net Zero – The Dangote Journey” saw Dangote Cement identifying the vulnerable groups comprising of children, widows, and the aged.
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About 250 children and 75 households benefitted from the gesture. The initiative, which was being carried out simultaneously in all the business operations of the Company in Nigeria and other locations across Africa, had the Lagos event held at Ikosi-Ketu in Kosofe Local Government Area of Lagos State.
In his remarks to kickstart the group’s Sustainability Week, Dangote said the issue of sustainability is a subject that is important, not just to the Dangote Industries, but for the future of humanity.
According to him, “As one of Africa’s largest conglomerates, Dangote is responsible for leading the way in sustainable business practices. The world is facing an urgent climate crisis, and businesses must be at the forefront of the transition to Greenhouse Gas (GHG) emission reduction and energy efficiency.”
He opined that this year’s theme conveys the company’s support for the United Nations Framework Convention on Climate Change’s goal to stabilise greenhouse gas concentrations in the atmosphere at a level that will curb human-induced interference with the climate system.
“This must happen within a timeframe sufficient to allow ecosystems to adapt naturally to climate change, to ensure that food production is not threatened, and to enable sustainable economic development. At Dangote, we started this journey with a strategic focus on the 7 Dangote Sustainability Pillars (cultural, economic, operational, social, environmental, financial, and institutional) which drive how we do business, and named – The Dangote Way,” the foremost industrialist said.
He emphasised that “in our ongoing journey towards Net Zero, we embrace this Week both as an opportunity and a challenge. It requires us to rethink the way we do business, to be willing to take risks, and to collaborate with partners across industries.”
Speaking during the empowerment programme, the Head, Sustainability at Dangote Cement Plc, Dr. Igazeuma Okoroba said the manufacturing giant has been committed to sustainability. She noted that this year’s sustainability afforded the Cement Company another opportunity “to demonstrate our love for humanity by sharing our sustainability message and showing support to the residents of our host communities.”
Represented by the Sustainability Manager, Dangote Cement, Dr. Oyelola Oyekemi, Igaezuma said, “we all know that the economic situation has contributed to an increase in households with limited access to health and sanitation, proper nutrition, education, and a safe living environment. For this year’s Sustainability Week, Dangote Cement recognises that families and children living in squatter settlements often endure hardship. The growing population of our society has also contributed to the development to the scarcity of jobs, affecting many households as well.
“While some of you work as small business owners and others are in between jobs and many do not even have the skill to help them get the jobs, these challenges limit not just adults but also children’s potentials to become responsible citizens who will transform Nigeria tomorrow,” Okoroba added.
She noted that “for this reason, Dangote Cement implements this charity outreach to support a more sustainable society. We believe your dreams and aspirations for improved health and sanitation, good nutrition, education, and clothing will come true if the private sector supports the government’s efforts. Our visit today is not only to give donations, but it also aims to pave the way for long-term developmental impacts, contributing to the UN Sustainable Goals. And the goals are, Goal 1, No Poverty, Goal 2, Zero Hunger, and Goal 11, Sustainable Cities and Communities.” According to her, contribution to these goals will create a more stable and nurturing environment that promotes family welfare and sustainable communities.
The chairman of Omojuwa Estate Community Development Association (CDA), Kinyomi Olaniewaja described the programme as timely and would benefit the community considering the present economic hardship in the country. He commended Dangote Cement for the good gesture, emphasising that it was the first time such humanitarian programme would be brought to the community.
Also in his remarks, the Grand Patron of Isokan Ifesowapo CDA, Mamuda Ibrahim showered encomium of the management of Dangote Cement for the initiatives designed to bring succour to the vulnerable ones. He then called on other organisations to emulate Dangote Cement and reach out to the less-privileged especially on special occasions such as the Sustainability Week celebrations.
Business
NCDMB, Renaissance Build Oil, Gas Capacity for 300 Graduates
The Nigerian Content Development and Monitoring Board (NCDMB), in partnership with Renaissance Africa Energy Company Limited, has launched a specialised 12-month capacity development programme to prepare 300 young Nigerian graduates for careers in the nation’s oil and gas industry
The NCDMB–Renaissance Oil and Gas Field Readiness Training Programme will provide participants with industry-relevant expertise in mechanical, electrical and instrumentation engineering, combining three months of intensive classroom instruction with nine months of structured on-the-job training at partner oil and gas service companies.
The programme has enrolled 300 beneficiaries, comprising 240 trainees in Lagos and 60 in Port Harcourt.
During the inauguration of the programme, the Executive Secretary of NCDMB, Engr Felix Omatsola Ogbe, said the initiative underscores the Board’s commitment to developing indigenous technical capacity, increasing Nigerian participation in the petroleum industry and supporting the country’s economic growth.
Represented by the Board’s Assistant Manager, Human Capacity Development, Tari Bufazi, Ogbe said the training would equip participants with practical experience and internationally recognised certifications needed to compete in the global energy industry.
“This is more than the commencement of a training programme. It is the beginning of a journey for young Nigerians who will acquire world-class skills in mechanical, instrumentation and electrical disciplines,” he said.
According to him, specialised competencies in automation, instrumentation and engineering operations have become increasingly critical as Nigeria prepares for a new wave of investments in the oil and gas sector.
“Instrumentation, electrical and mechanical engineering are foundational to the survival, profitability and safety of the Nigerian oil and gas industry. This training is designed to close existing gaps and prepare participants for industry demands,” he added.
Ogbe urged the beneficiaries to seize the opportunity to develop themselves into innovators, problem-solvers and future leaders capable of driving the industry’s growth.
In the same vein, the General Manager, Nigerian Content Development at Renaissance Africa Energy Company Limited, Olarenwaju Lanre Olawuyi, reaffirmed the company’s commitment to building indigenous capabilities through sustained investments in human capital.
Represented by Funso Alabi, Olawuyi said the programme was deliberately structured to expose participants to both classroom learning and practical field experience across mechanical systems, electrical operations, instrumentation and control, software development, networking and cybersecurity.
He noted that the practical component would bridge the gap between academic knowledge and workplace expectations, enabling participants to acquire competencies increasingly sought after by employers.
“At Renaissance, we believe local content development must create real capability, strengthen indigenous expertise and empower Nigerians to lead,” he said.
He also reminded the trainees that technical competence alone would not guarantee success, stressing that professionalism, integrity, teamwork and a strong safety culture remain essential qualities in the oil and gas industry.
The Chief Executive Officer of Radial Circle, the programme’s lead training provider, Ranti Omole, disclosed that the beneficiaries emerged from a highly competitive selection process involving thousands of applicants drawn from the NCDMB database.
He said the objective of the initiative extends beyond issuing certificates, noting that the programme is designed to produce industry-ready professionals capable of making immediate contributions in operational environments.
“We are building competence and skills. By the time you complete this programme, you should be field-ready and able to fit seamlessly into industry operations,” Omole said.
He encouraged participants to remain disciplined, embrace continuous learning and leverage the opportunity to collaborate with colleagues from different parts of the country.
Business
Nigerian Navy Claims Credit for Raising Crude Oil Production to 1.7m bpd
The operational successes of the Nigerian Navy’s sustained offensive against oil theft, illegal refining, pipeline vandalism, and militancy in the second quarter of 2026 have aided Nigeria’s crude oil production to reach 1,735 million barrels per day in June.
Recall that the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced that the 1.735 million barrels per day represented 104 per cent of Nigeria’s Organisation of Petroleum Exporting Countries (OPEC) quota.
However, the Director of Naval Information, Capt. Abiodun Folorunsho, in a statement over the weekend, in Abuja, noted that the feat was the highest crude oil output recorded since April 2020.
According to Folorunsho, the offensive against crude oil theft, illegal refining, pipeline vandalism, militancy, and other forms of economic sabotage in the Niger Delta under Operation DELTA SENTINEL was intensified to consolidate first-quarter gains.
“Since April 2026, the Nigerian Navy has conducted over 580 intelligence-driven operations across Rivers, Bayelsa, Delta, Cross River, and Lagos State.
“These operations have resulted in the recovery of over 4.7 million litres of stolen crude oil and illegally refined petroleum products, as well as the arrest of over 91 suspects involved in crude oil theft, pipeline vandalism, militancy and related crimes.
“It also led to the dismantling of over 48 illegal refining sites, interception of multiple vessels engaged in crude oil theft, and the destruction of criminal logistics networks supporting economic sabotage.”
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Folorunsho said that one of the major operational successes recorded was the arrest of the motor tankers – MKPODU, WESTAF, and STELIOS K, which were linked to the theft of more than 900 metric tonnes of suspected stolen crude oil.
He said it resulted in the recovery of over 708,000 litres of illegally refined products and 310,000 litres of stolen crude oil from a single illegal refining site in Ndoni, Rivers.
“It also facilitated numerous intelligence-led operations that dismantled reactivated refining sites, intercepted illicit fuel consignments and prevented criminal syndicates from restoring illegal production capacity across the Niger Delta,” he said.
According to him, coordinated riverine operations led to the deactivation of scores of illegal refining sites, reservoirs, dugout pits, storage facilities, warehouses, concealed fuel caches, pipeline connections and militant hideouts.
The director of naval information also said that the operations exposed a growing trend of criminal syndicates attempting to reactivate previously dismantled refining camps, prompting sustained follow-up operations.
He said the follow-ups prevented the regeneration of illegal refining ecosystems and progressively disrupted the economic viability of crude oil theft networks.
“The Nigerian Navy notes that these sustained operational gains coincide with the recent announcement by the NUPRC of increased crude oil production, exceeding the OPEC production quota.
“This indicates improved security around critical oil and gas infrastructure and the collective efforts of security agencies in fighting crude oil theft.
“Persistent naval presence across the Niger Delta waterways has denied economic saboteurs the freedom of action, disrupted illicit petroleum supply chains, and enhanced the integrity of critical oil and gas infrastructure,” he said.
The naval spokesperson reaffirmed the Navy’s commitment to safeguarding Nigeria’s maritime domain, protecting vital national assets, and enhancing oil production to support the Federal Government’s goal of reaching 2.5 million barrels per day by 2027.
He added that the service would continue to conduct intelligence-led operations and strengthen inter-agency cooperation to further degrade oil theft networks within the Nigerian maritime environment in line with the vision of the Chief of the Naval Staff, Vice Admiral Idi Abbas.
Business
Lokpobiri Lures Investors with PIA
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has assured investors that Nigeria will continue to strengthen its legal and regulatory framework to provide certainty for investments in the country’s energy sector, building on the Petroleum Industry Act (PIA).
Lokpobiri gave the assurance at the just-concluded Lawyers in Energy International Conference 2026 organised by the Lawyers in Energy Network in Lagos.
He added that the Federal Government was committed to building a transparent, predictable and enforceable legal environment to support the country’s energy transition and sustain investor confidence.
Lokpobiri, represented by the Director of Legal Services in the Ministry of Petroleum Resources, Terlumun Tyendezwa, said Nigeria’s energy transition must be driven by laws and regulations that provide certainty for investors while supporting the country’s climate commitments.
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He said the Federal Government was determined to shape Nigeria’s energy transition on its own terms by ensuring that the sector operates within a transparent, predictable and enforceable legal framework.
According to him, the Petroleum Industry Act (PIA) has laid a solid legal foundation for the sector, while regulators have continued to develop rules that provide greater clarity for both upstream and downstream operators.
Lokpobiri stressed that legal certainty was indispensable to investment decisions, noting that sound policies alone would not attract capital unless they were backed by effective implementation.
“The energy sector must be governed by a framework that is transparent, predictable and enforceable. What this means in practice is that there is clarity in our legal framework,” he said.
He added that investor confidence depends on certainty created by law and regulation.
The minister noted that Nigeria had already demonstrated its commitment to climate action through the Climate Change Act and the establishment of a carbon credit framework.
According to him, these initiatives provide incentives for investors and assure businesses that Nigeria remains a stable destination for long-term investments.
He warned that decisions taken today by lawmakers, regulators and legal practitioners would shape Nigeria’s energy future for generations.
Lokpobiri reaffirmed the ministry’s commitment to strengthening regulatory institutions, deepening stakeholder engagement and improving the country’s legal framework to protect investors, host communities and the public.
He urged participants at the conference to use the gathering to address difficult issues confronting the sector and contribute practical solutions for Nigeria’s energy future.
In his keynote address delivered virtually, the Secretary-General of the African Petroleum Producers’ Organisation, Farid Ghezali, said regulatory stability, fiscal clarity, contract sanctity, environmental standards and policy consistency had become as important as resource potential in attracting investment.
“The global energy transition has fundamentally changed how investors evaluate destinations, with regulatory stability, fiscal clarity, contract sanctity, environmental standards and policy consistency becoming as important as resource potential.
“In this new reality, geology is no longer enough,” said Ghezali, who described regulatory uncertainty as Africa’s biggest hidden tax and harmonisation as its biggest untapped incentive.
He said investors currently faced more than 50 different legal and regulatory systems across Africa’s petroleum industry, increasing transaction costs, delaying projects and diverting capital to regions with more predictable legal environments.
“Harmonisation does not remove sovereignty; it multiplies it. It turns individual efforts into continental strength,” he added.
The Chairman of the Board of Trustees of the Lawyers in Energy Network, George Etomi, said lawyers would play a decisive role in helping countries achieve their 2060 net-zero targets through stronger legal and regulatory frameworks.
“As lawyers and energy professionals, we have a vital role to play in shaping the legal and regulatory architecture that will support sustainable investment, encourage innovation, manage disputes and promote responsible energy development,” Etomi said.
Founder and Executive Secretary of the Lawyers in Energy Network, Raqueebah Oloko, said the conference examined the legal and regulatory reforms required to help African countries navigate the global energy transition without sacrificing their development priorities.





