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Why Dangote remains most admired brand – Ade Ojolowo
Bankole Taiwo, Abeokuta
The Head of Special Performance, Dangote Cement Plant, PLC, Ibese, Mr Ademola Ojolowo has identified constructive stakeholders engagement as the top secret for the continued growth and acceptance of Dangote as the most admired brand in the country.
Mr Ojolowo disclosed that Dangote Group sees its host communities as crucial partners to the success of its day to day operations and therefore ensured that issues affecting their welfare and growth are given adequate attention.
Ojolowo stated this on Thursday while speaking during the two-day capacity building training for 50 journalists in the Southwest organised by Dangote Group in conjunction with Centre for Financial Journalism. The training with the theme “Ethics, Skills and Personal Qualities for Reporting In The Digital Age” was held at Continental Suites, Abeokuta, Ogun State capital.
Speaking on “Social Performance, Dangote Cement Plant PLC, Ibese Example” He explained that as a world-class company with vision to touching lives through the provision of basic needs of the people, the company however knew that its efforts towards achieving this lofty goal would be hampered without the support and cooperation of the host communities.
He said this is why the company made it a point of policy to from time to time engage all its stakeholders in the host communities such as the youths, the men, the women, the traditional rulers and community leaders with view to continually form partnerships that are quite beneficial to all concerned.
Ojolowo revealed further that such constructive engagement with the host communities help to mitigate whatever may be the company’s operation effect on its host communities and as such be creating better understanding and sustainable relationship.
He said it is on this note that Dangote invest in education, health, empowerment and infrastructure in its operating environment saying that in Ibese community which is being used as an example, the company has constructed schools, roads, rolled out empowerment programmes among others.
Ojolowo said this intervention has always been done taking into cognisance the needs of their immediate communities as demanded or requested.
He has therefore charged other coporate organisations to take a cue from Dangote and be more deliberate to build a reputable and acceptable brand by employing social performance policy which underscores deliberate activities that are done to positively impact the host communities and make life more rewarding for the people.
News
FRSC boss, tasks African tax administrators on local solutions
Chairman of the Federal Inland Revenue Service, FIRS, Zacch Adedeji, has challenged tax administrators in Africa to look inwards for local solutions to challenges rather than turning to the Western world for salvation.
Adedeji, according to a statement by his Special Adviser on Media, Dare Adekanmbi, spoke at a three-day council meeting of African Tax Administration Forum, ATAF, hosted by FIRS and held in Lagos.
Headquartered in Pretoria, South Africa, ATAF is an international organisation established in 2009 to provide a common platform for African tax administrators to build capacity, achieve revenue objectives and advance the role of taxation in African governance and state building.
The FIRS chairman, who is the President of the Commonwealth Association of Tax Administrators, CATA, said practicable solutions to address the challenges confronting the continent, particularly in the area of local resource mobilisation, could “only come from wearers who know where the shoe pinches”.
Adedeji urged member countries to take ATAF matters seriously and abide by the rules set.
He stressed that the success of continental body depends on collective efforts to showcase the best Africa has to offer.
“The problem of Africa can only be sincerely solved by Africans. I charge you all to redouble efforts to make sure we prioritise the activities of ATAF.
“In Nigeria, we are giving you our commitment that we will prioritise anything that has to do with ATAF, recognising that solutions to our challenges reside with us in Africa. Nobody can tell our stories better than ourselves. We cannot continue to rely on solutions from platforms that are not indigenous to us.
“We must ensure the sustainability of the organisation and uphold the tenets of ATAF founding agreement and rules and be committed to abiding by them in our decision-making processes.
“The management of the secretariat is also vital to the success of the organisation, and we must prioritise the process of a smooth transition in this meeting, as the term of the current Executive Secretary comes to an end in March 2025 when Mr Logan Wort will have served for 16 years of meritorious efforts. Nigeria joins the rest of ATAF members to applaud and honour Mr Wort,” the FIRS chairman said.
News
FX crisis: Nigerian Govt to delist Naira from peer-to-peer platforms
The Federal Government has disclosed plans to delist the Naira from all peer-to-peer, P2P, platforms.
The Director General of the Securities and Exchange Commission, Emomotimi Agama, disclosed this during a virtual meeting with blockchain stakeholders on Monday.
This decision aims to tackle the manipulation of the local currency’s value in the foreign exchange market.
The country’s regulatory authorities have been investigating and scrutinising cryptocurrency exchanges in recent months.
On March 8, the biggest cryptocurrency exchange, Binance, stopped its Naira services.
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