Connect with us

NEWS

Dangote awarded Cameroon’s second highest National Honour

Published

on

President/Chief Executive of Dangote Industries Limited, Aliko Dangote has received the highest civilian honour in Cameroon – the Commander of the National Order of Valour – from the President of the Republic, Paul Biya.

×
According to President Biya, the landmark honour was conferred on the business mogul in recognition of his efforts in infrastructural development of Cameroon and Africa through his cement plants.

At at the Unity Palace, venue of the conferment in Yaoundé, the President expressed pride at Dangote’s various efforts to promote industrialisation across Africa through the building of cement plants in several African countries.

He noted that these plants have provided thousands of direct and indirect employment at their various locations, to boost the economies of their host countries, just like in Cameroon.

Read Also: Dangote Cement pays N273b dividend
He urged the leading African investor to consider more investments in the manufacturing sector in Cameroon, explaining that there are numerous business opportunities in the country. He maintained that his government is focused on promoting a business-friendly environment to make the country more attractive and an investors’ destination.

In his response, Dangote thanked President Biya and the people of Cameroon for the great honour done to him in the award of the nation’s highest civilian honour. He disclosed that there are plans to diversify the group’s investments in Cameroon, starting with energy. He said, “We have plans to expand our investment to other sectors beginning with oil and gas while our capacity in cement will be expanded”.

ADVERTISEMENT
He commended the Cameroonian government for providing an enabling environment, which aided the successful completion of the Dangote Cement plant. He also expressed appreciation for the support provided by the President and cabinet in solving the challenges encountered in the construction of the plant.

He said, “At the inception of our construction activities at the plant, we encountered several challenges, but the government stepped in and ensured that we overcame these initial problems. Also, the incentives by the Government to investors are encouraging. We feel very much at home here in Cameroon because of the business-friendly environment. If demand for cement increases, we will increase the capacity of the plant and make the country self-sufficient in cement production.”

Dangote Cement Cameroon SA, part of Dangote Cement Group was commissioned six years ago, and has boosted domestic cement production, reduced partly the domestic deficit, and helped in holding down the price of a bag of cement in the country.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

breaking

#EndSARS Memorial: Nigerian youths plan to shutdown Lekki Toll Gate tomorrow

Published

on

The Nigerian youths have confirmed that the Lekki Toll Gate in Lagos will be shut down tomorrow, Wednesday 20.

According to the youths, the #Endsars Memorial Car Procession will be held at the toll gate from 8 am.

The notifier, shared by Nigerian singer Falz, said the procession is “in memory of the lives lost on the 20-10-20.

“We should all endeavour to stay in our vehicles all throughout the procession and also in groups for safety reasons.

“Please be sure to arrive on time so we can proceed in unity together,” the notifier stated.

This plan was also confirmed by Comedian Mr Macaromi, who shared e-fliers of the car procession and the order of programme on his Instagram page.

Meanwhile Falz, on his part, noted that nothing will stop the procession.

“It is impossible for us not to memorialize our fallen heroes,” Falz stated on Instagram.

However, some youths are also planning a counter-protest titled “Defend Lagos.”

The Defend Lagos group in a trending message said:

“About a year ago, this carnage fell on Lagos State while Lagosians thought it was just going to be a protest. Lagos State was destroyed by End SARS protesters.

“Lagosians are ready to defend Lagos NOW. Never again will Lagos be destroyed.”

Tags: #Endsars Memorial

Continue Reading

NEWS

University of Ibadan loses two students in 24 hours

Published

on

A 200 level student of the University of Ibadan (UI), Oluwaseun Ayomide Adeyemo, yesterday died in a car accident.
 
The student of the department of Microbiology was involved in a car accident around Mobil filling station, UI Ojoo axis.

She was rushed to the University Health Clinic popularly known as Jaja but efforts to save her life proved abortive as she passed on due to excessive loss of blood.
 
Her death came barely 24 hours as the university community was mourning the loss of a 400 level student of the department of History, Adebayo Adegoke.

Adegoke was allegedly shot by robbers around Pre-Boye World Shopping Complex in the late hours of 10:00 p.m. on Saturday.

A source, who preferred anonymity said, the deceased, who lived in Independence hall was shot and efforts to save his life proved abortive as he was unable to make it to the hospital.

Adegoke

The students’ union officials were joined by the Dean Students Affairs, Professor A. Abiona, Head of Department of History and some other students’ leaders to visit the Bodija police station in order to ensure proper investigation is carried out on the deaths.

Continue Reading

breaking

Another building collapses in Lagos

Published

on

A building collapsed Monday night at No. 97, Lagos Road in the Haruna area of Ikorodu.

The incident occurred around 10pm. Two persons, a male and a female, were confirmed injured.

The victims are currently at the Ikorodu General Hospital receiving treatment.

At least three persons are trapped but no casualty yet, the National Emergency Management Agency (NEMA) said.

It was gathered that after the structure disintegrated, residents within the area mobilised to carry out initial rescue.

The Fire Service and Police responded on time but could not do much due to unavailability of equipment to lift rubbles.

A rescue operation was ongoing as at press time.

Continue Reading

Trending