Connect with us

Anthony Chiejina

  •  Dangote Industries Ltd has bagged eight different awards by the Economic Community of West African States Manufacturing Excellence Awards EMEA The company said this in a statement by Mr Anthony Chiejina Group Chief Branding and Communications Officer Dangote Industries Ltd DIL on Thursday in Lagos According to the statement two subsidiaries of the Dangote Group Dangote Cement Plc and Dangote Sugar Refinery Plc also received Brands of the Decade awards of the renowned Marketing Edge magazine It stated that the EMEA awards were given by Nigeria s Daily Independent Newspaper and its BusinessDay Ghana counterpart Meanwhile the Brand of the Decade for subsidiaries of Dangote Group were received at the 10th edition of Marketing Edge s 2022 Summit and Award Night in Lagos The event had as its theme Technological explosion in the digital Age Imperatives for the marketing communications industry The statement quoted Mr John Ajayi Publisher Marketing Edge Publications as eulogising the management of Dangote Group for the business strategy that helped in positioning the brand ahead of others in the industry Ajayi described the award edition as one with special attraction and uniqueness designed to reboot restart and re energise the social intellectual and entrepreneurial landscape of the Nigerian Integrated Marketing Communication IMC According to him the award to Dangote brands was in recognition of its leadership and domination in the various market segments and categories He added that the recognised brands were brands that continued to make the Nigerian consumers happy and satisfied Responding Chiejina said the group s brand remained at the forefront of African enterprise and that the brand since inception had touched the lives of many by providing their basic needs Consumers are loyal to brands that are purposeful and that is why we have designed a strategy that creates that purpose because we understand the power of brands We have positioned all our businesses to be consumer centric so that they can inspire millions of people behind them Chiejina stated The News Agency of Nigeria reports that the ECOWAS awards won by the company included ECOWAS Manufacturing Company of the Year ECOWAS Manufacturing Company CEO of the Year ECOWAS Manufacturing CSR Company of the Year Others are ECOWAS Cement Manufacturing Company of the Year ECOWAS Sugar Manufacturing Company of the Year ECOWAS Salt Manufacturing Company of the Year and ECOWAS Fertiliser Manufacturing Company of the Year Also the awards won during the Marketing Edge Magazine 2022 summit included Outstanding Indigenous Conglomerate won by the Dangote Industries Ltd and Cement Brand of the Decade and Sugar Brand of the Decade NewsSourceCredit NAN
    Dangote wins ECOWAS manufacturing excellence awards
     Dangote Industries Ltd has bagged eight different awards by the Economic Community of West African States Manufacturing Excellence Awards EMEA The company said this in a statement by Mr Anthony Chiejina Group Chief Branding and Communications Officer Dangote Industries Ltd DIL on Thursday in Lagos According to the statement two subsidiaries of the Dangote Group Dangote Cement Plc and Dangote Sugar Refinery Plc also received Brands of the Decade awards of the renowned Marketing Edge magazine It stated that the EMEA awards were given by Nigeria s Daily Independent Newspaper and its BusinessDay Ghana counterpart Meanwhile the Brand of the Decade for subsidiaries of Dangote Group were received at the 10th edition of Marketing Edge s 2022 Summit and Award Night in Lagos The event had as its theme Technological explosion in the digital Age Imperatives for the marketing communications industry The statement quoted Mr John Ajayi Publisher Marketing Edge Publications as eulogising the management of Dangote Group for the business strategy that helped in positioning the brand ahead of others in the industry Ajayi described the award edition as one with special attraction and uniqueness designed to reboot restart and re energise the social intellectual and entrepreneurial landscape of the Nigerian Integrated Marketing Communication IMC According to him the award to Dangote brands was in recognition of its leadership and domination in the various market segments and categories He added that the recognised brands were brands that continued to make the Nigerian consumers happy and satisfied Responding Chiejina said the group s brand remained at the forefront of African enterprise and that the brand since inception had touched the lives of many by providing their basic needs Consumers are loyal to brands that are purposeful and that is why we have designed a strategy that creates that purpose because we understand the power of brands We have positioned all our businesses to be consumer centric so that they can inspire millions of people behind them Chiejina stated The News Agency of Nigeria reports that the ECOWAS awards won by the company included ECOWAS Manufacturing Company of the Year ECOWAS Manufacturing Company CEO of the Year ECOWAS Manufacturing CSR Company of the Year Others are ECOWAS Cement Manufacturing Company of the Year ECOWAS Sugar Manufacturing Company of the Year ECOWAS Salt Manufacturing Company of the Year and ECOWAS Fertiliser Manufacturing Company of the Year Also the awards won during the Marketing Edge Magazine 2022 summit included Outstanding Indigenous Conglomerate won by the Dangote Industries Ltd and Cement Brand of the Decade and Sugar Brand of the Decade NewsSourceCredit NAN
    Dangote wins ECOWAS manufacturing excellence awards
    Economy4 days ago

    Dangote wins ECOWAS manufacturing excellence awards

    Dangote Industries Ltd., has bagged eight different awards by the Economic Community of West African States Manufacturing Excellence Awards (EMEA).

    The company said this in a statement by Mr Anthony Chiejina, Group Chief, Branding and Communications Officer, Dangote Industries Ltd. (DIL), on Thursday in Lagos.

    According to the statement, two subsidiaries of the Dangote Group, Dangote Cement Plc and Dangote Sugar Refinery Plc also received Brands of the Decade awards of the renowned Marketing Edge magazine.

    It stated that the EMEA awards were given by Nigeria’s Daily Independent Newspaper and its BusinessDay Ghana counterpart.

    Meanwhile, the Brand of the Decade for subsidiaries of Dangote Group were received at the 10th edition of Marketing Edge’s 2022 Summit and Award Night in Lagos.

    The event had as its theme: “Technological explosion in the digital Age – Imperatives for the marketing communications industry.

    ” The statement quoted Mr John Ajayi, Publisher, Marketing Edge Publications, as eulogising the management of Dangote Group for the business strategy that helped in positioning the brand ahead of others in the industry.

    Ajayi described the award edition as one with special attraction and uniqueness, designed to reboot, restart and re-energise the social, intellectual and entrepreneurial landscape of the Nigerian Integrated Marketing Communication (IMC).

    According to him, the award to Dangote brands was in recognition of its leadership and domination in the various market segments and categories.

    He added that the recognised brands were brands that continued to make the Nigerian consumers happy and satisfied.

    Responding, Chiejina, said the group’s brand remained at the forefront of African enterprise and that the brand, since inception, had touched the lives of many by providing their basic needs.

    “Consumers are loyal to brands that are purposeful and that is why we have designed a strategy that creates that purpose because we understand the power of brands.

    “We have positioned all our businesses to be consumer-centric so that they can inspire millions of people behind them,” Chiejina stated.

    The News Agency of Nigeria reports that the ECOWAS awards won by the company included ECOWAS Manufacturing Company of the Year; ECOWAS Manufacturing Company CEO of the Year; ECOWAS Manufacturing CSR Company of the Year. Others are; ECOWAS Cement Manufacturing Company of the Year; ECOWAS Sugar Manufacturing Company of the Year; ECOWAS Salt Manufacturing Company of the Year and ECOWAS Fertiliser Manufacturing Company of the Year. Also, the awards won during the Marketing Edge Magazine’ 2022 summit included Outstanding Indigenous Conglomerate won by the Dangote Industries Ltd., and Cement Brand of the Decade and Sugar Brand of the Decade.


    NewsSourceCredit: NAN

  •  50 winners emerged in the ongoing Dangote Cement Plc Bag of Goodies Promo Season 3 in the Northeast region on Thursday The company made this known in a statement signed by Mr Anthony Chiejina Group Head Corporate Communications Dangote Group in Lagos According to the statement the Regional Director Northeast Dangote Cement Plc Mr Ismail Iliya at a ceremony in Jos Plateau said the winners were from Bauchi Adamawa Taraba Plateau Borno Gombe and Yobe According to him 20 winners were awarded cash prizes and consolation gifts at the venue while those in far flung areas will be sent theirs after the event Iliya noted that the winners ranged from businessmen to block moulders labourers and contractors across the region and they were quite encouraged by the big win to participate in the promo Star prize winner Mr Salisu Adam said he was elated about his win and commended the company for the initiative We were doubtful initially but with the conviction that Dangote means well for the nation we decided to give the promo a trial he said NewsSourceCredit NAN
    50 winners emerge in Dangote cement promo in Jos
     50 winners emerged in the ongoing Dangote Cement Plc Bag of Goodies Promo Season 3 in the Northeast region on Thursday The company made this known in a statement signed by Mr Anthony Chiejina Group Head Corporate Communications Dangote Group in Lagos According to the statement the Regional Director Northeast Dangote Cement Plc Mr Ismail Iliya at a ceremony in Jos Plateau said the winners were from Bauchi Adamawa Taraba Plateau Borno Gombe and Yobe According to him 20 winners were awarded cash prizes and consolation gifts at the venue while those in far flung areas will be sent theirs after the event Iliya noted that the winners ranged from businessmen to block moulders labourers and contractors across the region and they were quite encouraged by the big win to participate in the promo Star prize winner Mr Salisu Adam said he was elated about his win and commended the company for the initiative We were doubtful initially but with the conviction that Dangote means well for the nation we decided to give the promo a trial he said NewsSourceCredit NAN
    50 winners emerge in Dangote cement promo in Jos
    Economy2 weeks ago

    50 winners emerge in Dangote cement promo in Jos

    50 winners emerged in the ongoing Dangote Cement Plc ‘Bag of Goodies Promo Season 3’ in the Northeast region on Thursday.

    The company made this known in a statement signed by Mr Anthony Chiejina, Group Head, Corporate Communications, Dangote Group, in Lagos.

    According to the statement, the Regional Director, Northeast, Dangote Cement Plc, Mr Ismail Iliya, at a ceremony in Jos, Plateau, said the winners were from Bauchi, Adamawa, Taraba, Plateau, Borno, Gombe and Yobe. According to him, 20 winners were awarded cash prizes and consolation gifts at the venue while those in far-flung areas will be sent theirs after the event.

    Iliya noted that the winners ranged from businessmen to block moulders, labourers and contractors across the region, and they were quite encouraged by the big win to participate in the promo.

    Star prize winner, Mr Salisu Adam, said he was elated about his win and commended the company for the initiative.

    “We were doubtful initially but with the conviction that Dangote means well for the nation we decided to give the promo a trial,” he said.


    NewsSourceCredit: NAN

  •  The National Lottery Regulation Commission on Wednesday lauded Dangote Cement Plc for its commitment to giving back to customers through the Bag of Goodies Promo Season 3 Principal Administrative Officer of the commission Mr Afam Ojeh praised the company in Sagamu Ogun in a statement by Mr Anthony Chiejina Group Head Corporate Communications Dangote Group The statement said two people won N5 million each in Sagamu five persons won N1 million each while hundreds of other customers won different prizes According to the statement Ojeh lauded the efforts of the company during an award winning ceremony where customers of Dangote Cement were presented cash and other prizes The management of Dangote Cement should honestly be appreciated by its customers as the company paid handsomely to the Federal Government to be given permission to conduct the yearly promo he said In the same vein Representative Federal Competition and Consumer Protection Commission Susie Onwuka noted that the Season 3 promo was bigger than the previous two promos She charged the cement company to continue to add value to the lives of its customers By so doing the company is also helping to boost economic activities in Nigeria she said National Sales Director Dangote Cement Plc Mrs Funmi Sanni said the company had set aside a total of N1 billion in cash and gifts for the ongoing promo running from July 5 to Oct 31 Sanni represented by the Dangote Cement Regional Sales Director Dolapo Alli said over 32 3 million mouth watering prizes were currently being won Some of prizes she said included television sets refrigerators rechargeable fans 2KVA generators and millions in airtime of major networks in Nigeria She assured customers yet to win that there were enough gifts and money for all that patronised the brand because every bag of dangote cement contained both winning and non winning scratch cards She added that the promo was designed to continuously reward loyal consumers who had stayed faithful and remained the backbone of the cement business We are offering life changing prizes which have immense economic values as they can be used to kick start small scale businesses These prizes are targeted to help many families recover from the nation s economic situation she said Speaking on behalf of the winners Mr Abolarin Sunday Teacher and cement retailer thanked the company for initiating a promo of this calibre that had changed the lives of so many cement users I won N5 million and this will change my life for good I have never doubted the promo because I have friends that have also won from the Promo as some people won cars last year and I am happy to be winning my own huge sum today On behalf of all of us that won in Sagamu I thank the management and staff of Dangote Cement and pray that the company will continue to grow from strength to strength he said NewsSourceCredit NAN
    Regulators praise Dangote’s ‘Bag of Goodies Promo Season 3’
     The National Lottery Regulation Commission on Wednesday lauded Dangote Cement Plc for its commitment to giving back to customers through the Bag of Goodies Promo Season 3 Principal Administrative Officer of the commission Mr Afam Ojeh praised the company in Sagamu Ogun in a statement by Mr Anthony Chiejina Group Head Corporate Communications Dangote Group The statement said two people won N5 million each in Sagamu five persons won N1 million each while hundreds of other customers won different prizes According to the statement Ojeh lauded the efforts of the company during an award winning ceremony where customers of Dangote Cement were presented cash and other prizes The management of Dangote Cement should honestly be appreciated by its customers as the company paid handsomely to the Federal Government to be given permission to conduct the yearly promo he said In the same vein Representative Federal Competition and Consumer Protection Commission Susie Onwuka noted that the Season 3 promo was bigger than the previous two promos She charged the cement company to continue to add value to the lives of its customers By so doing the company is also helping to boost economic activities in Nigeria she said National Sales Director Dangote Cement Plc Mrs Funmi Sanni said the company had set aside a total of N1 billion in cash and gifts for the ongoing promo running from July 5 to Oct 31 Sanni represented by the Dangote Cement Regional Sales Director Dolapo Alli said over 32 3 million mouth watering prizes were currently being won Some of prizes she said included television sets refrigerators rechargeable fans 2KVA generators and millions in airtime of major networks in Nigeria She assured customers yet to win that there were enough gifts and money for all that patronised the brand because every bag of dangote cement contained both winning and non winning scratch cards She added that the promo was designed to continuously reward loyal consumers who had stayed faithful and remained the backbone of the cement business We are offering life changing prizes which have immense economic values as they can be used to kick start small scale businesses These prizes are targeted to help many families recover from the nation s economic situation she said Speaking on behalf of the winners Mr Abolarin Sunday Teacher and cement retailer thanked the company for initiating a promo of this calibre that had changed the lives of so many cement users I won N5 million and this will change my life for good I have never doubted the promo because I have friends that have also won from the Promo as some people won cars last year and I am happy to be winning my own huge sum today On behalf of all of us that won in Sagamu I thank the management and staff of Dangote Cement and pray that the company will continue to grow from strength to strength he said NewsSourceCredit NAN
    Regulators praise Dangote’s ‘Bag of Goodies Promo Season 3’
    Economy2 weeks ago

    Regulators praise Dangote’s ‘Bag of Goodies Promo Season 3’

    The National Lottery Regulation Commission on Wednesday lauded Dangote Cement Plc for its commitment to giving back to customers through the ‘Bag of Goodies Promo Season 3.’ Principal Administrative Officer of the commission, Mr Afam Ojeh, praised the company in Sagamu, Ogun, in a statement by Mr Anthony Chiejina, Group Head, Corporate Communications, Dangote Group.

    The statement said two people won N5 million each in Sagamu, five persons won N1 million each, while hundreds of other customers won different prizes.

    According to the statement, Ojeh lauded the efforts of the company during an award winning ceremony where customers of Dangote Cement were presented cash and other prizes.

    “The management of Dangote Cement should honestly be appreciated by its customers as the company paid handsomely to the Federal Government to be given permission to conduct the yearly promo,” he said.

    In the same vein, Representative, Federal Competition and Consumer Protection Commission, Susie Onwuka, noted that the Season 3 promo was bigger than the previous two promos.

    She charged the cement company to continue to add value to the lives of its customers.

    “By so doing, the company is also helping to boost economic activities in Nigeria,” she said.

    National Sales Director, Dangote Cement Plc, Mrs Funmi Sanni, said the company had set aside a total of N1 billion in cash and gifts for the ongoing promo running from July 5 to Oct. 31. Sanni, represented by the Dangote Cement Regional Sales Director, , Dolapo Alli, said over 32.3 million mouth-watering prizes were currently being won.

    Some of prizes, she said, included television sets, refrigerators, rechargeable fans, 2KVA generators, and millions in airtime of major networks in Nigeria.

    She assured customers yet to win that there were enough gifts and money for all that patronised the brand because every bag of dangote cement contained both winning and non-winning scratch cards.

    She added that the promo was designed to continuously reward loyal consumers who had stayed faithful and remained the backbone of the cement business.

    “We are offering life-changing prizes, which have immense economic values as they can be used to kick-start small scale businesses.

    “These prizes are targeted to help many families recover from the nation’s economic situation,” she said.

    Speaking on behalf of the winners, Mr Abolarin Sunday, Teacher and cement retailer, thanked the company for initiating a promo of this calibre that had changed the lives of so many cement users.

    “I won N5 million and this will change my life for good.

    “I have never doubted the promo because I have friends that have also won from the Promo as some people won cars last year and I am happy to be winning my own huge sum today.

    “On behalf of all of us that won in Sagamu, I thank the management and staff of Dangote Cement and pray that the company will continue to grow from strength to strength,” he said.


    NewsSourceCredit: NAN

  •  Dangote Group on Sunday said the company s drivers patrol team has made several arrests of its errant drivers that engaged in illegal activities and handed them over to relevant authorities for prosecution The company made the disclosure in a statement signed by its Group Chief Branding and Communications Officer Mr Anthony Chiejina in Lagos Chiejina also urged the general public to assist with relevant information to help curb the trend of unscrupulous drivers who also constituted themselves into menace to other road users He recalled that the company had in an effort to carry the public along in addressing the activities of these drivers announced monetary rewards for persons that would plead to the arrest of erring drivers by the law enforcement agents Chiejina revealed that among several others the team recently in the North Central Zone of the country arrested both a driver and his truck carrying fully loaded illegal haulage of timber and handed them over to the police According to Chiejina the driver was subsequently charged to a Magistrate Court in Akwanga Nasarawa for criminal breach of trust He said that the driver was sentenced to four months jail term after he pleaded guilty Chiejina said that the presiding magistrate on the case ordered that the truck and load be released to the company and owner respectivel He advised the company to file a civil case against the owner of the goods Also in the South West region the patrol team noticed a third party truck with Dangote logo on it parked inside a private company yard in Ode Remo Ogun recently while offloading granite stone The team reported the case at Ode Remo police station and got both the driver and the truck were arrested and driver had also been charged to court The Dangote drivers patrol team has made several more arrests and handed the offending drivers to police and other relevant authorities for prosecution Dangote management has therefore renewed the warnings to those who illegally transport materials on Dangote trucks Such unauthorised goods shall be confiscated while such drivers and owners would face the full extent of the law he said Chiejina added that to clarify its position the management has gone on to list its products and goods which its over 10 000 trucks operating across the country and the neighbouring West African countries could convey He stated that Dangote trucks were permitted to transport only the following materials Dangote Cement Plc Dangote Cement Limestone High Grade Gypsum and Coal Others include Dangote Sugar Refinery Plc Dangote Sugar NASCON Allied Industries Plc Dangote Salt and DanQ Seasoning and Dangote Packaging Limited Bags We hereby alert the public to report any suspected Dangote truck driver involved in illegal haulage supported with credible evidence of such act he said NewsSourceCredit NAN
    Dangote group hands over errant drivers to authorities
     Dangote Group on Sunday said the company s drivers patrol team has made several arrests of its errant drivers that engaged in illegal activities and handed them over to relevant authorities for prosecution The company made the disclosure in a statement signed by its Group Chief Branding and Communications Officer Mr Anthony Chiejina in Lagos Chiejina also urged the general public to assist with relevant information to help curb the trend of unscrupulous drivers who also constituted themselves into menace to other road users He recalled that the company had in an effort to carry the public along in addressing the activities of these drivers announced monetary rewards for persons that would plead to the arrest of erring drivers by the law enforcement agents Chiejina revealed that among several others the team recently in the North Central Zone of the country arrested both a driver and his truck carrying fully loaded illegal haulage of timber and handed them over to the police According to Chiejina the driver was subsequently charged to a Magistrate Court in Akwanga Nasarawa for criminal breach of trust He said that the driver was sentenced to four months jail term after he pleaded guilty Chiejina said that the presiding magistrate on the case ordered that the truck and load be released to the company and owner respectivel He advised the company to file a civil case against the owner of the goods Also in the South West region the patrol team noticed a third party truck with Dangote logo on it parked inside a private company yard in Ode Remo Ogun recently while offloading granite stone The team reported the case at Ode Remo police station and got both the driver and the truck were arrested and driver had also been charged to court The Dangote drivers patrol team has made several more arrests and handed the offending drivers to police and other relevant authorities for prosecution Dangote management has therefore renewed the warnings to those who illegally transport materials on Dangote trucks Such unauthorised goods shall be confiscated while such drivers and owners would face the full extent of the law he said Chiejina added that to clarify its position the management has gone on to list its products and goods which its over 10 000 trucks operating across the country and the neighbouring West African countries could convey He stated that Dangote trucks were permitted to transport only the following materials Dangote Cement Plc Dangote Cement Limestone High Grade Gypsum and Coal Others include Dangote Sugar Refinery Plc Dangote Sugar NASCON Allied Industries Plc Dangote Salt and DanQ Seasoning and Dangote Packaging Limited Bags We hereby alert the public to report any suspected Dangote truck driver involved in illegal haulage supported with credible evidence of such act he said NewsSourceCredit NAN
    Dangote group hands over errant drivers to authorities
    Economy3 weeks ago

    Dangote group hands over errant drivers to authorities

    Dangote Group on Sunday said the company’s drivers’ patrol team has made several arrests of its errant drivers that engaged in illegal activities and handed them over to relevant authorities for prosecution.

    The company made the disclosure in a statement signed by its Group Chief Branding and Communications Officer, Mr Anthony Chiejina, in Lagos.

    Chiejina also urged the general public to assist with relevant information to help curb the trend of unscrupulous drivers who also constituted themselves into menace to other road users.

    He recalled that the company had in an effort to carry the public along in addressing the activities of these drivers, announced   monetary rewards for persons that would plead to the arrest of erring drivers by the law enforcement agents.

    Chiejina revealed that among several others, the team, recently in the North Central Zone of the country arrested both a driver and his truck carrying fully loaded illegal haulage of timber and handed them over to the police.

    According to Chiejina, the driver was subsequently charged to a Magistrate Court in Akwanga, Nasarawa, for criminal breach of trust.

    He said that the driver was sentenced to four months jail term after he pleaded guilty.

    Chiejina said that the presiding magistrate on the case ordered that the truck and load be released to the company and owner respectivel.

    He advised the company to file a civil case against the owner of the goods.

    “Also, in the South-West region, the patrol team noticed a third party truck, with Dangote logo on it, parked inside a private company yard in Ode Remo, Ogun recently, while offloading granite stone.

    “The team reported the case at Ode Remo police station and got both the driver and the truck were arrested and driver had also been charged to court.

    “The Dangote drivers’ patrol team has made several more arrests and handed the offending drivers to police and other relevant authorities for prosecution.

    “Dangote management, has therefore, renewed the warnings to those who illegally transport materials on Dangote trucks.

    ”Such unauthorised goods shall be confiscated while such drivers and owners would face the full extent of the law,” he said.

    Chiejina added that to clarify its position, the management has gone on to list its products and goods which its over 10,000 trucks operating across the country and the neighbouring West African countries could convey.

    He stated that Dangote trucks were permitted to transport only the following materials: Dangote Cement Plc – Dangote Cement, Limestone, High Grade Gypsum and Coal. Others include Dangote Sugar Refinery Plc- Dangote Sugar; NASCON Allied Industries Plc – Dangote Salt and DanQ Seasoning; and Dangote Packaging Limited – Bags. “We hereby alert the public to report any suspected Dangote truck driver involved in illegal haulage supported with credible evidence of such act,” he said.


    NewsSourceCredit: NAN

  •  Dangote Sugar Refinery Plc has declared a Profit Before Tax PBT of N29 73 billion for the half year ended June 30 2022 The company made the disclosure in a report signed by Mr Anthony Chiejina the Group Head Corporate Communications Dangote Group on Tuesday in Lagos According to the report the company s PBT rose by N10 97 billon compared with N18 76 billion recorded at the corresponding period in 2021 an increase of 58 47 per cent The company posted a profit after tax of N20 24 billion in contrast with N12 61 billion recorded in the comparative period of 2021 translating to 60 51 per cent growth Also the company s revenue was up by N53 51 billion or 40 55 per cent to N185 46 billion against N131 95 billion achieved in the corresponding peirod of 2021 Similarly its gross profit maintained the same upswing rising to N38 82 billion from N28 60 billion in 2021 The Group Managing Director Dangote Sugar Refinery Mr Ravindra Singhvi attributed the positive results in the half year to key trade interventions introduced during the period and positive market responses Singhvi said the impressive performance during the review period demonstrated its resilience in the face of prevalent challenges which reflected in strong topline growth shown in the financial results He added that the sugar company had continued to implement its sugar backward integration projects plans and the enhancement of its outgrowers scheme to support the economic growth of the immediate communities Singvi said the company s aim was to develop a robust outgrower scheme with about 5 000 outgrowers when the projects fully take off in addition to the achievement of other targets of its sugar for Nigeria project plan The key focus of the sugar refiner is an achievement of the Dangote Sugar Backward Integration Projects targets and it puts Nigeria on the path of sugar self sufficiency and the world sugar map Employee health and safety as well as that of its partners remains the company s top priority at its operations at the Apapa Refinery its Sugar Backward Integration Operations in Numan Adamawa State and Tunga Nasarawa State All processes are in compliance with stipulated health and safety protocols he said The News Agency of Nigeria reports that Dangote Sugar Refinery is Nigeria s largest producer of household and commercial sugar with 1 44M MT refining capacity for household and industrial uses Its backward integration goal is to become a global force in sugar production by producing 1 5M of refined sugar from locally grown sugar cane for the domestic and export markets NewsSourceCredit NAN
    Dangote Sugar declares N29.73bn PBT in H1
     Dangote Sugar Refinery Plc has declared a Profit Before Tax PBT of N29 73 billion for the half year ended June 30 2022 The company made the disclosure in a report signed by Mr Anthony Chiejina the Group Head Corporate Communications Dangote Group on Tuesday in Lagos According to the report the company s PBT rose by N10 97 billon compared with N18 76 billion recorded at the corresponding period in 2021 an increase of 58 47 per cent The company posted a profit after tax of N20 24 billion in contrast with N12 61 billion recorded in the comparative period of 2021 translating to 60 51 per cent growth Also the company s revenue was up by N53 51 billion or 40 55 per cent to N185 46 billion against N131 95 billion achieved in the corresponding peirod of 2021 Similarly its gross profit maintained the same upswing rising to N38 82 billion from N28 60 billion in 2021 The Group Managing Director Dangote Sugar Refinery Mr Ravindra Singhvi attributed the positive results in the half year to key trade interventions introduced during the period and positive market responses Singhvi said the impressive performance during the review period demonstrated its resilience in the face of prevalent challenges which reflected in strong topline growth shown in the financial results He added that the sugar company had continued to implement its sugar backward integration projects plans and the enhancement of its outgrowers scheme to support the economic growth of the immediate communities Singvi said the company s aim was to develop a robust outgrower scheme with about 5 000 outgrowers when the projects fully take off in addition to the achievement of other targets of its sugar for Nigeria project plan The key focus of the sugar refiner is an achievement of the Dangote Sugar Backward Integration Projects targets and it puts Nigeria on the path of sugar self sufficiency and the world sugar map Employee health and safety as well as that of its partners remains the company s top priority at its operations at the Apapa Refinery its Sugar Backward Integration Operations in Numan Adamawa State and Tunga Nasarawa State All processes are in compliance with stipulated health and safety protocols he said The News Agency of Nigeria reports that Dangote Sugar Refinery is Nigeria s largest producer of household and commercial sugar with 1 44M MT refining capacity for household and industrial uses Its backward integration goal is to become a global force in sugar production by producing 1 5M of refined sugar from locally grown sugar cane for the domestic and export markets NewsSourceCredit NAN
    Dangote Sugar declares N29.73bn PBT in H1
    Economy2 months ago

    Dangote Sugar declares N29.73bn PBT in H1

    Dangote Sugar Refinery Plc has declared a Profit Before Tax (PBT) of N29.73 billion for the half year ended June 30, 2022. The company made the disclosure in a report signed by Mr Anthony Chiejina, the Group Head, Corporate Communications, Dangote Group, on Tuesday in Lagos.

    According to the report, the company’s PBT rose by N10.97 billon compared with N18.76 billion recorded at the corresponding period in 2021, an increase of 58.47 per cent.

    The company posted a profit after tax of N20.24 billion in contrast with N12.61 billion recorded in the comparative period of 2021, translating to 60.51 per cent growth.

    Also, the company’s revenue was up by N53.51 billion or 40.55 per cent to N185.46 billion against N131.95 billion achieved in the corresponding peirod of 2021. Similarly, its gross profit maintained the same upswing, rising to N38.82 billion from N28.60 billion in 2021. The Group Managing Director, Dangote Sugar Refinery, Mr Ravindra Singhvi, attributed the positive results in the half year to key trade interventions introduced during the period and positive market responses.

    Singhvi said the impressive performance during the review period demonstrated its resilience in the face of prevalent challenges, which reflected in strong topline growth shown in the financial results.

    He added that the sugar company had continued to implement its sugar backward integration projects plans and the enhancement of its outgrowers scheme to support the economic growth of the immediate communities.

    Singvi said the company’s aim was to develop a robust outgrower scheme with about 5,000 outgrowers when the projects fully take off, in addition to the achievement of other targets of its sugar for Nigeria project plan.

    “The key focus of the sugar refiner is an achievement of the Dangote Sugar Backward Integration Projects targets and it puts Nigeria on the path of sugar self-sufficiency and the world sugar map.

    “Employee health and safety as well as that of its partners remains the company’s top priority at its operations at the Apapa Refinery, its Sugar Backward Integration Operations in Numan, Adamawa State and Tunga, Nasarawa State.

    “All processes are in compliance with stipulated health and safety protocols,” he said.

    The News Agency of Nigeria reports that Dangote Sugar Refinery is Nigeria’s largest producer of household and commercial sugar with 1.44M MT refining capacity for household and industrial uses.

    Its backward integration goal is to become a global force in sugar production, by producing 1.5M of refined sugar from locally grown sugar cane for the domestic and export markets.


    NewsSourceCredit: NAN