Finance

Dangote Cement inaugurates CSR projects

Dangote Sugar pays N18bn dividend

Dangote Cement Plc, Ibese Plant has launched multi-million naira corporate social responsibility projects for its host communities.

The company disclosed that during an event tagged “2022 Host Community Day”, it unveiled various empowerment programmes including skill acquisition, scholarship, farming techniques training as well as empowerment of vulnerable women in its 17 host communities.

It claimed over 120 students from primary school to higher institutions received scholarship cheques, while 50 vulnerable women among them widows went home with grinding machines to support their household income.

Read:  Dangote Refinery partners NCDMB on oil sector R&D

In a statement, it noted that the Dangote Cement, Ibese Plant equally launched its maiden issue of community newsletter as part of measures to intimate the people of the host communities about its social performance record in host communities.

The traditional rulers of the host communities that graced the occasion were full of praises to the management of Dangote Cement as they joined in the unveiling of some projects.

In the same vein, 60 farmers were presented to the audience as having been trained in the year on good agricultural practices for maize production in an attempt to boost agricultural production, adding another 30 youths were undergoing training on domestic electrification and installation.

Read:  Soaring food, transport costs push inflation to 20.52%

Speaking on the occasion, the Dangote Cement, Ibese Plant Director, Mr Azad Nawabuddin, described the event as a demonstration of the company’s commitment to continuous improvement of the relationship between Ibese Plant and its host communities.

He stated that it has been a milestone in over 10 years of existence of Ibese Plant, “with the cardinal objective of celebrating and appreciating our primary stakeholders for granting us the social license to operate in a sustainable manner, while also taking stock of our imprints within the calendar year.”

The Aboro of Ibeseland, Oba Rotimi Oluwaseyi Mulero thanked the management of Dangote Cement, Ibese Plant for its unrelenting efforts at impacting their host communities positively describing the social performance profile of the company as very impressive.

Read:  Flour Mills gets approval to unbundle in massive restructuring

Punch

Related posts

Unilever Nigeria grows quarterly revenue by 31%

NigGal

Coca-Cola Nigeria commits to food security

NigGal

Transcorp Plc announces 147 % leap in profit

NigGal

NGX lists TAJBank’s N10 billion Sukuk Mudarabah on its platform.

NigGal

Eterna Plc appoints new directors, company secretary

NigGal

CBN releases guidelines on TIES implementation

NigGal

Leave a Comment