Connect with us
SSN
Advertisement
IZIKJON
Advertisement
forex
Advertisement
Stanbic IBTC
Advertisement
Binance
Advertisement
Esetech
Advertisement
Patricia
Advertisement
Fidelity ads
Advertisement
app

Paid Content

Abule-Ado Gas Explosion: Dangote donates N100 million cement to victims for reconstruction

Dangote Cement Plc has donated N100 million worth of cement to the Lagos State government, to support the ongoing reconstruction process at the Abule-Ado.

Published

on

Abule-Ado Gas Explosion: Dangote donates N100 million cement to victims for reconstruction

Dangote Cement Plc has donated N100 million worth of cement to the Lagos State government, to support the ongoing reconstruction process at the Abule-Ado area of Amuwo-Odofin Local Government of the state, which was affected by a pipeline explosion recently.

The donation was made by the Chairman of Dangote Cement Plc, Aliko Dangote, represented by the Independent Non-Executive Director of Dangote Cement Plc, Mr Emmanuel Ikazoboh, when the Executive Management of the company paid a visit to Governor Babajide Sanwo-Olu at the Lagos House, Marina.

Abule-Ado Gas Explosion: Dangote donates N100 million cement to victims for reconstruction

The team comprised the immediate past Group Managing Director (GMD) of Dangote Cement Plc, Engr. Joseph Makoju; the new GMD of Dangote Cement Plc, Mr Michel Puchercos; Mr Emmanuel Ikazoboh, and the Chief Corporate Communications Officer, Dangote Industries Limited, Mr Anthony Chiejina.

READ ALSO: Coronavirus: Dangote pledges over N200 million donation to FG

Mr. Ikazoboh, who on behalf of Dangote, commiserated with Governor Sanwo-Olu over the unfortunate incident caused by the gas explosion, said the Dangote Cement company “would be supporting the reconstruction of the Abule-Ado area with N100 million worth of cement”. 

He also formally informed the governor of the change of baton at the helm of the cement manufacturing giant, where Mr Puchercos recently took over from Mr Makoju on the retirement of the latter.

He added that the company, and indeed the whole Dangote Group, would continue to support and collaborate with the Lagos State government in its economic development efforts.

Governor Sanwo-Olu, in his remarks, acknowledged the change in management at Dangote Cement Plc and expressed appreciation at the company’s gesture, which he described as timely.

According to him, “We take seriously your level of support because there is a lot of reconstruction going on at Abule-Ado so that normalcy can be restored. We welcome all the support we have gotten. 

READ MORE: Zenith Bank commiserates with Sanwo-Olu on Abule-Ado explosion, donates N100 million to ERF

“I appreciate the Chairman who has said that the Group will continue to support us. On behalf of the Lagos State Government, we thank you for coming to commiserate with us, and for your gesture of support. We also thank all Lagosians and Nigerians who have been coming to support us,” the governor added.

In an incident, which resulted in several casualties, some parts of Abule Ado along Badagry/Mile 2 Expressway, Lagos were affected by the pipeline explosion, which occurred at about 8 am on Sunday morning. The blast forced several residents and Christian worshipers who had gone to church in the area to scamper for safety.

bitcoin train

Binance

NM Partners represent articles published in paid partnerships with corporate organisations. They include press releases, targeted content, and other forms of corporate communications on behalf of our Paid Partners.

1 Comment

1 Comment

  1. Musa

    March 24, 2020 at 11:29 am

    May Allah reward him aboundently

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Cryptocurrency

The Bitcoin market you know today was built by people, not institutions

This dominant and decentralized currency has proven that people can be its driving force, as its users practically own the market.

Published

on

Bitcoin recently gained significant global attention, as the richest man in the world, Elon Musk, invested 1.5 billion USD in it. This asset, which was selling for under 1 USD just 11 years ago, has reached new highs in the market with a current price of over 40,000 USD—a phenomenal growth in a decade that no asset class in the market can match.

Some institutions and jurisdictions seem threatened by the existence of digital currencies, which is why the occasional objection about Bitcoin has surfaced on the Internet. Still, this dominant and decentralized currency has proven that people can be its driving force, as its users practically own the market.

A few years ago, when people were still skeptical and unconvinced about BTC and its potential, there were those in the industry driven by the ideology that this asset class could create a better global financial system. The reality is that transferring money and processing payments using the current financial system comes with some setbacks.

In one way or another, monetary transactions using traditional payment systems can be laborious and limited, especially to those who have no access to banks and other financial services. This motivated Ray Youssef and Artur Schaback to create a platform that can reach billions of people worldwide.

They explored Bitcoin and discovered opportunities to provide people access to a new financial market. This discovery and enthusiasm led to the creation of Paxful.com, a peer-to-peer trading platform that enables people to buy and sell crypto with anyone, anywhere, at any time.

Currently, Paxful offers over 350 ways to buy and sell Bitcoin and other digital currencies, making it easy for anyone to acquire fractions of BTC and join in on the 900 billion dollar market. Ultimately, Bitcoin has the potential to help people support various financial limitations by allowing them to:

  • Pay for goods and services
  • Donate to charitable organizations
  • Build and grow a business
  • Protect the value of their wealth
  • Send money faster at a cheaper rate

Apart from providing financial opportunities through the platform, Paxful also uses BTC to uphold quality life and education through the Built With Bitcoin initiative. Every crypto donation goes towards the construction of schools in emerging markets to empower people through learning to live a better life.

The platform has and continues to financially enable millions of people around the world through digital currencies. It’s never too late to start—join the growing Bitcoin community today and be a part of the global people-powered market.

Continue Reading

Paid Content

MyManilla – Driving the future of financial technology in Africa

The purpose of MyManilla is to create a platform that eases access to financial services for everyone; especially those in the informal financial sector.

Published

on

MyManilla is a digital financial platform driven by modern technology to eliminate all forms of barriers faced by users while trying to access financial services. MyManilla is a product of Manilla Digital Application Ltd; a tech company based in Abuja, Nigeria.

The purpose of MyManilla is to create a platform that eases access to financial services for everyone; especially those in the informal financial sector. With this, petty traders, civil servants, students, artisans, cooperative societies, trade unions, and other income earners can have unhindered access to necessary financial services.

According to a PwC fintech and banking report done in 2020, the Nigerian fintech industry investments over the past eight years stood at $204 million. Nigerian fintech secured $103.4 million in funding by end of the year 2018. This represented more than half (58%) of the total start-up funding in the same period under review.

This goes on to show that the nature of financial services is fast-changing, and with time, access to these services will completely become virtual. MyManilla is at the forefront of these advancements with cutting edge technology aimed at eliminating all forms of stress associated with accessing financial services.

MyManilla provides uncommon benefits compared to using the conventional financial institutions.  Some of these benefits include – easy and seamless account opening, zero hidden charges, bills payment, automated savings, insurance and a lot more. “We are very keen on making life easy for our customers and consumers and we are making sure that this will provide them with the ease they need for accessing financial services to cater for their daily needs” – ‘Goke Alade Olateju, Co-Founder/CEO, MyManilla.

Manilla Digital believes that MyManilla is the future of financial technology as we have created an All-In-One digital financial platform that focuses on driving inclusiveness, financial literacy, support for cooperative communities and automation of their processes, low-interest loans, secured pension schemes amongst other features. We are delivering the future of finance today; “No queues, just clicks”.

Consequently, Manilla Digital recently signed an agreement with Federal Civil Service Staff Multipurpose Cooperative Union which has over 150 cooperatives and in excess of over 100,000 individual members. This agreement is aimed at making savings, loans, bills payment and other financial services easily accessible for these cooperatives and their members.

According to Maimuna Sabo Abubakar, the Co-Founder/ Chief Growth Officer, agreements and collaborations like this, would further close the financial gap in Nigeria especially within the northern region of the country. She expressed confidence that within a few years, there will be significant growth in financial literacy within this region which will result in an upward progression of people living below the poverty level.

In these days where financial activities are heavily scrutinized and with an increasing level of distrust among consumers, we have created a very transparent process to help you keep your money, guide you on where to invest it, and help you prepare for a financially secured future. You don’t have to worry about how to invest because we will constantly present you with safe investment opportunities and guide you every step of the way.

The MyManilla website and application launched earlier in March 2021 and is now accessible to people of all age brackets, works of life and social class. The beta version of the application has been released and made available first to Android users on Play Store, while the iOS version will be released very soon.

MyManilla is set to change, forever, the way Africa and Africans see and access financial services. It is set to be Africa’s foremost all-in-one digital financial platform, driven by technology to ease access to financial services for the common man, in other to help them cater for their daily needs.

bitcoin train

Follow us on our social media platforms @mymanillang, or send an email to [email protected] for further enquiries.

Binance

Built for the future; delivered in the present. Welcome to the future

Jaiz bank ads
Continue Reading



Advertisement





Nairametrics | Company Earnings