Nestle introduces new product from cereal package

By NewsDesk,

The Nestlé Nigeria has introduced a new product from its cereal, known as Golden More Puffs, the development of which was said to be part of its continued quest to provide families with more healthier and delicious food choices.

Introducing the product on Wednesday at a Media Executive Meeting in Lagos, Nestle’s Corporate Communications and Public Affairs Manager, Victoria Uwadoka, said it was made purely from grains and cereals.

She said that the new product was produced in Nigeria and for Nigerians and that it fortified with vitamins and iron to contribute to the efforts to address micronutrient deficiency in the country.

“Micronutrient deficiency is the lack of essential vitamins and minerals required in small amounts by the body for proper growth and development.

“According to the World Health Organisation (WHO), 2 billion people in the world are affected by iron deficiency, which is the most common micronutrient disorder in sub-Saharan Africa,’’ Uwadoka said.

“The major health consequences of deficiency in essential micronutrients include impaired physical and cognitive development, which translates to reduced performance of school-aged children among others.

“It is important to note that annually, Nigeria loses over 1.5 billion dollars in Gross Domestic Product (GDP) directly and indirectly to vitamin and mineral deficiencies.’’

Besides, the Category Manager, Dairy, Nestle,  Aboubacar Coulibaly, said that the Puffs product was made from maize, millet, oats and soya, and that it was also put together with grain smart,  a unique combination of vitamins and iron.

“Food fortification is a strategy that Nestlé has adopted to help address the burden of micro-nutrient deficiency.

“With 50 per cent of our portfolio already fortified with micronutrients, the introduction of Golden Morn Puffs breakfast cereal today is another step towards the fulfilment of our commitment to provide healthier, delicious food choices for all age groups, a journey we have been on for the past 57 years in Nigeria,” he said.

Coulibaly disclosed that 94 per cent of the grains and cereals used in the production of Golden Morn Puffs is sourced locally.

“We are very happy to announce to you today that the work we have been doing with local farmers for the past 7 years on capacity building and grain quality improvement is yielding results.

“Ninety-four percent of the agricultural raw materials for the product we are launching today, Golden Morn Puffs was supplied by Nigerian farmers,’’ he added.

He said that Nestlé Nigeria would continue to invest in the development of nutrient rich delicious food to fulfil its purpose, which is enhancing quality of life and contributing to a healthier future.

 

Jaguar Land Rover to Cut 1,000 Jobs

Britain’s biggest carmaker, is poised to announce the elimination of around 1,000 posts currently filled by workers on short-term contracts as it grapples with slumping U.K. sales of diesel autos and uncertainty around Brexit.

It added: “In light of the continuing headwinds impacting the car industry, we are making some adjustments to our production schedules and the level of agency staff.

“We are however continuing to recruit large numbers of highly skilled engineers, graduates and apprentices as we over-proportionally invest in new products and technologies.

“We also remain committed to our UK plants in which we have invested more than £4bn since 2010 to future-proof manufacturing technologies to deliver new models.”

Production will be cut at the Castle Bromwich and Solihull sites, with affected staff based at Solihull.

Jaguar Land Rover would not confirm the number of jobs to be lost but said the changes would largely see agency staff not having their contracts renewed. A source told the Reuters news agency that 1,000 roles would be cut.

There are 3,200 people employed at the Castle Bromwich site and a further 10,000 at Solihull.

Some staff roles will also be moved from Castle Bromwich to Solihull.

Speaking to Sky’s Ian King in March, chief executive Ralf Speth had said: “The economy is weaker in the UK than in any other European country but it’s also quite clear that the diesel discussion, additional taxes on the latest technology have created a reaction in the consumer base.”

In January, the firm had said it would temporarily reduce production at its other British plant of Halewood this year in response to weakening demand due to Brexit and tax hikes on diesel cars.

When asked in March if there could be further production cuts at the carmaker’s UK plants, Mr Speth told Ian King: “It’s quite clear that if there’s no demand, then we have to adapt our production levels.

“It’s unfortunate that in the UK demand is not there anymore, and the UK is our home market.

“So in our home market, it’s important that the economy can grow and that we have free opportunity to sell our cars.”

Jaguar sales have fallen 26% so far this year and Land Rover dropped 20%.

Julian Knight, MP for Solihull, said: “The news that has come to us is disturbing, and I am in regular contact with JLR on this issue.

Most expensive 10 cars, costlier than jets

By NewsDesk,

From its etymology, cars were made as means of transportation, with the first steam-powered automobile capable of human transport produced in 1769 by Nicolas-Joseph Cugnot.

Over time, car making has evolved from the first combustion engine fuelled by hydrogen made in 1808 to the 1870 first gasoline powered combustion engine to 1903 when Ford produced thousands of affordable cars for sale.

In recent times, cars have moved from being just a means of transportation to being a symbol of status and power used by the very wealthy and influential.

From the stupendously-rich monarch in the Middle-East, to wealthy business moguls in Europe and America, cars have become another means of showing off wealth.

Big names like Lamborghini, Aston Martin, Rolls Royce often come at very high prices and are only meant for rich collectors as many of them are often sold out before they reach the public.

While most of the cars listed here are wildly out of the reach for most, it is a sheer pleasure just to look at them.

Some of these cars are more expensive than the most affordable Jet: the Cirrus Vision 5-seater jet which goes for $1.96 million.

In fact, the most expensive car in the world which goes for N3.9 billion ($13m), can buy 6 Cirrus Vision Jets. However, most of them are not available in the open market as there are only very limited quantity or they are manufactured on request. In fact there is only one of the most expensive car in the world and it would not be replicated.

The 10 most expensive cars in the World fall within below category:

Bugatti Chiron – $2.7m (N826 million)

Bugatti Chiron – $2.7m (N826 million)

This is one of the latest range of high priced cars made by Bugatti and it starts at around $2.7 million. However, prices are expected to reach $3 million in the least, long before it hits the market.

The Bugatti Chiron is hyped by its manufacturers and touted as the World’s most powerful, fastest, most luxurious and most exclusive production super sports car.

It is a fine example of the collusion of aerospace and automotive engineering to produce a classic device that could give a speed of 268 mph. The 8.0 litre turbo-charged W-16, 1,500-horsepower engine is actually 300 more than the Super Sport, the fastest Veyron model.

Its top speed has been limited to 261 mph on the road, its actual top speed is yet to be tested.

Pagani Huayra BC – $2.8 million (N856 million)

Pagani Huayra BC – $2.8 million (N856 million)

This is the most expensive Pagani ever made and named as a tribute to Benny Caiola, a noted Italian investor with probably the best collection of Ferraris and a very close friend of Horacio Pagani.

This car was first seen at the 2016 Geneva Motor Show with many cool aero features. It is equipped with a 6.0 liter V-12 bi-turbo AMG engine and produces 790 horsepower and 811 lb-ft torque.

And the most amazing bit is that the BC takes over the Huayra by changing the model’s standard 150
Ferrari Pininfarina Sergio – $3 million (N918 million)
This Ferrari was originally introduced as a concept car in 2013 in memory of the late son of of the founder of Pininfarina. Only six of these cars have been made so far making it one of the most coveted cars.

Each of the handmade units has an all-carbon-fibre frame, and is an open air luxury car with two seats. Like the Ferrari 458, it has no roof, side windows and windshield, and is 330 pounds lighter than its ancestor. It is fitted with a 4.5 liter F136F V-8 engine, which sends 562 hp to the rear wheels.

The owners of each of the six models were chosen by the manufacturers themselves, making this one of the rarest of the rare invite-only vehicles.

Aston Martin Valkyrie – $3.2 million (N979 million)

Aston Martin Valkyrie – $3.2 million (N979 million)

Aston Martin is yet to announce a price for this car, experts estimate that it would cost nothing less than 3.2 million dollars. This model is a renovation of the old Aston Martin-Red Bull AM-RB 001. The 6.5 liter, naturally- aspirated V-12 designed specifically for the Cosworth, has a 1:1 power /weight ratio, and comes with a Rimac-built hybrid battery system coming with the engine which yields about a 1,000 horsepower. Only 150 of this particular car is scheduled to be distributed around the world beginning from 2019.

 

 

 

Limited Edition Bugatti Veyron by Masory Vivere – $3.4 million (N1.04 billion)

Limited Edition Bugatti Veyron by Masory Vivere – $3.4 million (N1.04 billion)

This German car is one of the fastest cars in the World and has been upgraded four times since its release in 2005.

It has an awesome lacquered carbon-fibre body along with a new spoiler package providing new diffusers, a smarter cabin and front grill, larger side scoops, a shortened hood, and the like. The 8.0 litre W16 engine of the car can produce 1,200 horsepower and 1,106 pound-feet of torque. The original version could reach up to 253 mph and was named the Car of the Decade 2000-2009.

 

Lykan Hypersport – $3.4 million (N1.04 billion)

Lykan Hypersport – $3.4 million (N1.04 billion)

The headlights are made of urm, 240 15-carat diamonds and the LED blades made of 420 15-carat diamonds. And all the gems are customizable.

It looks like an armored car with scissor doors and an interior straight out of a sci-fi movie, this car featured in the ‘Furious 7’, and has actually been drafted by the Abu Dhabi police for patrol duty.

Built by W Motors, based in Lebanon, this is the first Arab supercar. And it doesn’t fare badly when compared with the traditional European biggies.

It can produce 780 horsepower through the rear wheels, and a 708 pound-feet of torque. It can get to a speed of 240 miles per hour reaching 62mph in just 2.8 seconds.

 

McLaren P1 LM – $3.6 million (N1.1 billion)

McLaren P1 LM – $3.6 million (N1.1 billion)

This is not a production car. It was made keeping in mind a select group of buyers in the U. S., Japan, U. K., and the UAE. It has a 3.8 liter twin-turbo V-8 engine surrounded with gold plating around the engine bay.

The awesomeness of the aerodynamics can be witnessed where it is made for- on track, where it can produce 1000 horsepower. As of yet, only five units have been built, all of them being sold.

 

 

 

 

Lamborghini Veneno Roadster – $4.5 million (N1.38 billion)

Lamborghini Veneno Roadster – $4.5 million (N1.38 billion)

Veneno means Poison. This car was built to celebrate the company’s 50th birthday. It has the look of an alien space capsule, this car can reach speeds that can give one of those a run for their money, literally. The 6.5 liter V12 with a seven-speed single clutch ISR automated manual transmission can spin at 8,400 rpm to yield 740 horsepowers and 507 pound-feet of torque, meaning that the car can do a 60 mph at 2.9 seconds!

Made of carbon-fiber, it had a dry weight of 3,285 pounds. Only 9 units have been made making the cars resell rate very high with the highest recorded resell being $11 million. It was the most expensive car in the world ever produced upon its introduction, and only three being available to customers in the first lot.

 

Koenigsegg CCXR Trevita – $4.8 million (N1.47 Billion)

Koenigsegg CCXR Trevita – $4.8 million (N1.47 Billion)

This is the most expensive production car allowed on the streets. street-legal production car in the world, this is coated with real diamonds. Yes, you read that right. ‘Trevita’ is an abbreviation translating into ‘three whites’. The carbon fibres are indeed coated with a diamond dust-impregnated resin, called the Koenigsegg Proprietary Diamond Weave. This technology transformed the fibres from the traditional black to shining, silvery white, making the bodywork of this car renowned throughout for its unique design and perfection. And that’s not all. Beneath the coating is a 4.8 litre, dual-supercharged V8 having a total output of 1,004 horsepower and 797 pound-feet of torque. This makes it well-equipped at overtaking semis in the freeway. This car comes with a one-of-its-kind dual carbon rear wing, iconell exhaust system, airbags, ABS powered carbon ceramic brakes, paddle-shift, infotainment system, chronometer instrument cluster, tires monitoring systems along with a hydraulic system. Only three cars of this model had been initially decided upon, before getting reduced to two, because the carbon fibre made it too difficult and time-consuming for regular manufacture.

Sweptail by Rolls Royce – $13 million (N3.99 billion)

Sweptail by Rolls Royce – $13 million (N3.99 billion)

Before you gasp at the price, do note that this car is off the markets. That’s because it was made on the recommendations of one specific customer whose name the company has refused to divulge. A company famous for its luxurious rollouts, there were only 4,000 Rolls Royce cars manufactured in 2016! This particular exclusive car comes with its custom coach work, reminiscent of the royal carriages of yore.

Probably modeled on the Wraith, this car can seat only two people (see what they mean by being exclusive?). The sunroof is fully panoramic, tapering down sharply like those of the racing yachts, as per the orders of the customer. Something very cool about the interior handcrafted with wood and leather are the hidden attaché cases for holding laptops behind each door. Not much else is available on this most expensive car in the world, except that it is based on the 1920s and 30s models, and looks like a yacht from the back. The owner does happen to be a collector of super-yachts and private planes.

Dangote to begin six states sugar plants construction, targets 100, 000 job opportunity

By NewsDesk, 

The Dangote Group has disclosed plans to begin construction of integrated sugar plants deal the company entered with aim to acquiring about 150,000 hectares for the plantations in six states of federation including Adamawa, Taraba, Nasarawa, Kwara, Kogi and Niger.

Specifically, Dangote said that expected to generate up to 100,000 jobs across the stated states and hos communities and that the plants would help to eliminate Nigeria’s reliance on imported materials and also help to save foreign exchange.

The Chairman, Danagote Group, Aliko Dangote,  said that the company’s push for backward integration in providing raw materials on a large scale would result to a cumulative investment of 4.6 billion dollars in the next three years in sugar, rice and diary production.

Speaking at a forum in honour major distributors of Dangote Foods in Lagos on Thursday, Dangote, evethugh even did not state the cost implication of building the plants or the name of the company handling the projects, mainatined that the plants would help to eliminate Nigeria’s reliance on imported materials and also help to save foreign exchange.

“We are acquiring about 150,000 hectares for sugar plantations in Adamawa, Taraba, Nasarawa, Kwara, Kogi and Niger and

“We have designed a memorandum of understanding with the Nasarawa State Government for the construction of the sugar complex at Tunga,’’ he stated.

Beside, Dangote disclosed that his company had earmarked 12 billion dollars for building of a refinery at Ibeju-Lekki, near Lagos, to resolve Nigeria’s persistent petroleum scarcity crisis.

He added that the company’s annual revenue exceeded 4.1 billion dollars in 2017, expressing the determination of the group to exploit the huge business potential in Nigeria.

He commended the company’s distributir who were award recipients, saying the event was a moment to appreciate customers’ efforts in making Dangote food products a household name in Nigeria.

Dangote said that the group would sustain its leading position in the food sector, noting that, Dangote Flour Mills, its Sugar Refinery and NASCON Allied Industries had remained pacesetters.

He said that the target of the group was to ensure that Nigeria became self-sufficient in food.

According to him, the group focuses on a three-point agenda of sustaining high product quality, improving customers’ engagement and strengthening supply chain capabilities.

Meanwhile, distributors from the North West, Alhaji Ali Balarabe, emerged overall winner in the sale of Dangote products.

Awards were presented in various categories to recipients from first to third positions in the sale of flour, sugar, salt, pasta and Dan-Q.

The award category was given to the Best Performing Customer in the South West, North West, North Central, North East, South West, South East, North West and Lagos.

No fewer than 30 people won awards in various categories.

Oyo okays N7b for Ibadan-Iseyin Road, others

 

By Newsdesk,

The Oyo State Executive Council has declared its approval of the rehabilitation of the 65km Moniya-Ojutaye-Iseyin Road for the sum of Six Billion, Nine Hundred and Fifty Two Million, Five Hundred and Sixty Five Thousand and Seventy Four Naira, Ninety Seven Kobo (6,952,565,074.97).

In a statement signed by Commissioner for Information, Culture and Tourism, Toye Arulogun also disclosed that it has approved the 3.6 km Phase 1 Asphaltic Rehabilitation/Construction of Baptist Grammar School Junction (Idi-Ishin)-Agbofieti-All Saints College-Itafaji-Wire and Cable Junction Road Ibadan for the sum of One Hundred and Twenty Million Naira only (N120,000,000), adding that  the project is expected to be completed in 18 months.

Arulogun said that the Executive council also approved the supply and installation of Solar powered Street lights along Dandaru/Parliament Road junction to secretariat Roundabout to Government House/SUBEB Junction (lot 1) at a cost of N94,607,463.89 and 110/Odo-Ona Roundabout to Liberty Road/Ring Road Roundabout Junction (lot 2) at a cost of N50,521,628.37.

He stressed that the cost of the two projects (lot 1 & 2) amounted to a total sum of One Hundred and Forty-Five Million, One Hundred and Twenty-Eight Thousand, Nine Hundred and Twenty-Seven Naira, Seventy-Eight Kobo (N145,128,927.78).

Arulogun stated that the 65km Moniya-Ojutaye-Iseyin road had been awarded to M/S Oladiran Engineering and Trade Nigeria Limited, explaining that the contractor was picked after careful evaluation for both technical and financial responsiveness by the state Consultants on Road Projects under the leadership of Reyog International Nigeria Limited.

He pointed out that 30% of the contract sum will be paid to the contractor as advance payment subject to the provision of an open-ended advance payment guarantee from a reputable bank.

Arulogun maintained that the road will boost both intra and intercity transport links, improve trade, drastically reduce intercity transport connection, encourage trade and investment as well as to generally bring about better socio-economic development to the citizenry, noting that this is in line with the Governor Abiola Ajimobi’s philosophy to decongest traffic at all entrances and exits to the state as part of the massive infrastructural development going on in the state.

He added that the Phase 1 Asphaltic Rehabilitation/Construction of Baptist Grammar School Junction (Idi-Ishin) to Itafaji-Wire and Cable Junction will be handled through direct labour by the state Ministry of Works and Transport, assuring that the 4.0km phase of the road will be executed after the completion of phase 1.

Arulogun further maintained that the contract for the supply and installation of solar–powered street lights has been awarded to Messrs. Technosound Global Investment Limited, saying that the supplier will be mobilized with 60% of the contract sum and the balance of 35% paid after the successful completion of the project while the 5% Retention fee will be released after six months of defect liability.

He said that all the projects were approved after due process had been followed, adding that the government would ensure that they were executed according to specifications and in consonance with international best practices.

 

 

Ambode charges CPC on advocacy priority, consumers needs

By Abdulwaheed Usamah,

The Lagos State Governor, Akinwumi Ambode, has charged Consumer Protection Council (CPC) to be more proactive in its oversight function beyond ordinary rights of people to have quality products and services, but beam its searchlight on other key sectors which have direct impact on standard of living of Nigerians.

Ambode maintained that effects of other sectors whose significance and benefits differ from that of the CPC concentration must not be underestimated due to their influence on people.

Speaking during CPC delegation, from Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), and United Nations Industrial Development Organisation (UNIDO) courtesy visit to state house on Monday, the state governor assured the CPC state support so as to enable the council carry out its responsibility diligently.

While pledging support for the ‘National Quality Infrastructure Project, Ambode noted the campaign would ensure that the right of Lagosians and Nigerians in general to quality goods and services is guaranteed, adding that concerted efforts must continue to be done by all stakeholders to ensure that Nigerians are only exposed to the best.

He hinted that his administration had queued behind advocacy with setting up of Lagos State Consumer Protection Agency (CPA), chaired by consumer rights advocate and lawyer, Olufunmilola Falana.

“I am very excited that the Consumer Protection Council is on this advocacy. We are excited also that barely three weeks ago, we were also able to set up our own agency and with a charge that they must commence operation immediately to be able to do that missing part between the ordinary Nigerian citizen and the product of goods and services in this country.

 The governor disclosed that the visit would have been cancelled due to lost of his Special Adviser on Commerce, Industry and Cooperatives, Deji Tinubu,who ought to have coordinated the visit but died during last week.

“We should have cancelled this courtesy visit but again you know the business of government will always go on because we had actually agreed about two weeks earlier that we would receive the Consumer Protection Council. As at this morning, it should have been Deji that should have been sitting beside me here, because we are yet to have a Commissioner for Commerce.

“This was one of the last assignment that he was actually doing on Thursday to clear this visit. So, in his memory, we had to ensure that we do this courtesy visit. That’s how government business is. I don’t want to start Monday on a solemn note, so I do this courtesy visit with all sincerity and all sense of responsibility”, Governor said.

On his part, the Director General, (CPC),  Babatunde Irukera, said that since Lagos state economy has emerged, not only one of the largest sub national economies in Africa, but also one of the most recognised sub national economies in the world, flag off advocacy on the National Quality Infrastructure Project, would not be a mistake if it takes off from the state.

The council boss, while noting that Lagos was strategic to Nigeria’s growth and development, indicated tat the State had become a model for other states in Nigeria and a force to reckon with in the global space.

“Lagos State is one of the largest sub national economies in Africa and one of the most recognised sub national economies in the world. That is something, because it means that the economy of Lagos is far larger than many countries in the world.

To lead that kind of a State is an incredible thing because in many respects you are leading a sub national entity that is greater than many nationals all over the world. So, you actually have Presidents that are actually smaller than the Governor of Lagos,” he said.

Irukera, who said they were in Lagos to flag off advocacy on the National Quality Infrastructure Project, noted that the choice of Lagos was due to its strategic positioning in terms of housing the bulk of production and importation activities in Nigeria and also for the fact that majority of complaints received by the CPC comes from consumers in the State.

He said the National Quality Infrastructure Project was a partnership between the Federal Government and UNIDO to sensitise citizens about demanding quality and also ensuring the manufacturers of goods and services respect appropriate quality standards.

While commending the State Government for setting up the Consumer Protection Agency (CPA), Irukera lauded the Governor for providing quality leadership which according to him has raised the bar of governance in Nigeria.

“The fact that we recognise your record as an individual and in the period that you have led Lagos State demonstrates that beyond recognizing what the issues are, you are right on board and working on the issues.

“While people might excuse the proscription of their rights by their government, they certainly will never excuse a government that cannot protect it from other private citizens and you have demonstrated that you recognise that as an important thing and you have taken a fundamental step to that,” Irukera said.

 

FG beams light on 7,000 job opportunities within leather industry

By Abdulwaheed Usamah,

The Minister of Science and Technology, Dr Ogbonnaya Onu, has assured that Nigeria Nigeria can generate over 700, 000 jobs from the leather industry, the sector of which he stated was Nigeria’s next gold mine which holds the key to industrial growth, jobs and wealth creation.

Onu indicated that the industry generates N24.5 billion annually and that it was strategic to Nigeria’s economic diversification, just as important as agriculture is.

At National Leather and Leather Products Policy Validation Workshop on Tuesday, the minister, who was represented by Director General, National Centre for Technology Management, Prof. Okechukwu Okwumma, stated that President Muhammadu Buhari was working diligently to improve the socio-economic well being of the people by promoting local content through diversification and transformation of the economy.

He assured that the ministry would promote value addition in the industry using indigenous and innovative technologies.

Also, Minister of State for Industry, Trade and Investment, Ai’sha Abubakar, enjoined Nigerians to tap the economic potentials in the leather industry, just as shed urged people to actively participate in promoting Made-in-Nigeria goods.

She reiterated gederal government commitment to enhancing business friendly environment, and called on the participants to dwell well on promoting linkages, harnessing productions and overall development of leather in the country.

Minister of Agriculture, Chief Audu Ogbe, advised stakeholder to improve on hide and skin recovery and inspection mechanisms.

Ogbe, represented by Dr Obinna Ofara, said effort were underway for efficient control system to boost the leather industry.

Dr Nagozi Oparah, the Chairperson National Steering Committee on Leather and Leather Products Policy, said the workshop would review researches, collaborations and partnerships on leather development.

“The validation workshop was aimed at bringing stakeholders and experts to deliberate on Leather Products Policy with the aim of validating the policy document,” she said.

BUA persuades Dangote over mining battle, suggests judicial process as way out

By Abdulwaheed Usamah,

One of Nigerian mining claimers warring party, BUA, has advised its river and cement manufacturer competitor, Dangote, to peacefully await outcome of judicial process instead of engaging themselves on pages of newspapers over mining sites in Obu, Okpella of Edo State.

It affirmed that the issues on the mining cannot be resolved by mare establishments of claims and continue battling unnecessarily, safe they both abide to court outcome, and that until then it would no longer speak on the matter since it was before a court of competent jurisdiction.

Through a statement released yesterday by the cement manufacturer, it said that BUA must restate without equivocation that it has never laid claim to ML2541 as its operations covered by ML18912 and ML18913 were only in Obu, Okpella, Edo State and not Okene, Kogi State where Dangote’s license 2541 is sited.

It said: “In any case, we wish to reassert that this issue will not be resolved on the pages of newspapers or through a barrage of misinformation but rather, through the courts.

“Whilst we are now aware that Dangote Group will stop at nothing to keep pushing these false narratives as well as keep distracting from the core issue at hand, we once again enjoin Dangote Group and their cohorts to await respectfully, the outcome of the judicial process.

“We intend to say no more on this because this matter is before a court of competent jurisdiction and we trust the court’s ability to effectively adjudicate this matter,” it added.

It claimed: “Our attention has been to new publication by Dangote group seeking to further its cycle of misinformation over the mining dispute between BUA and Dangote through falsehoods and bigger lies.

“BUA views with disdain, further attempts by the Dangote Group to play to the gallery in the dispute over our Mining Areas covered by Mining Leases ML18912 and ML18913.

It stated, “As Dangote has asserted, BUA’s licenses for ML18912 & 18913 were issued in 1997 and their ML2541 issued in 2016 (AICO, Dangote Group’s predecessor-in-title, claims to have received theirs in 2008). How can Dangote then claim to be in possession when even their predecessor-in-title, AICO, was issued its license 10years after BUA’s licenses was issued and two years after the completion and commencement of production at our over $1billion Obu Cement Factory?

“In any event, AICO had instituted a suit at the Federal High Court, Lokoja claiming to assert its title to ML2541. Whilst that was pending, AICO, against all known principles of law, transferred its title to Dangote. It is also worthy of note that Dangote further applied to the courts to assert their rights to ML2541. How can a party who claims to be in possession ask the courts to assert the rights to their license?

“It should also be noted that this is asides the notorious fact that our license was initially issued in 1976 to Bendel Cement Company, one of our predecessors-in-title. (See attached the 3 licenses and also, a publication from the Ministry of Mines in Thisday, revalidating our ML18912 AND ML18913 in Okpella, Edo state and royalty payments to the Federal Government in respect of ML18912 and ML18913)”, it mentioned.

The statement explained: “With reference to Dangote claims that we applied for a lease in 2013, to our knowledge, we are not aware of any application of this sort. In any event, it is common knowledge that participants in the mining industry continuously apply for mining rights on a regular basis and if/when we were made aware of such, we discontinued such a process.

“To further buttress our point, the Nigerian boundary commission’s report of 2006 clearly states that Obu, Okpella is in Edo State and not Kogi State. Even as recent as July 2017, the ministry confirmed through a letter to BUA, our right to possession of licenses ML18912 and ML18913 up till 2017 (see attached).

“Isn’t it rather strange that Dangote who claims to have acquired Mining Lease 2541 from AICO in 2015 now seeks to interfere with BUA’s mining rights in ML 18912 and ML 18913 in Obu, Okpella in Edo State? It is also instructive to state that Dangote has on several occasions attempted to obtain injunctive reliefs from the Federal High Court, Benin, Edo State, in the course of the pending litigation, but the Court declined making such injunctive Orders because whilst Dangote claims right to Mining Lease 2541 located in Okene, Kogi State, BUA claims right to Mining Leases 18912 and 18913 located in Obu, Okpella, Edo State. Dangote has now resorted to using other means to achieve what it could not legally achieve in a court proceeding before a Court of competent jurisdiction” it indicated.

According to the statement, as BUA has advised on various occasions, Dangote Group and anyone who faults the court’s pronouncement to preserve status quo should write to the courts for an interpretation.

It noted that the court made a pronouncement and Dangote’s lawyers cannot deny knowledge of such and that the onus was not on BUA, on Dangote which wrongly alleged to provide an order of the court.

“To further reiterate the court’s pronouncement as to maintaining status quo, on December 5, 2017, counsel of BUA raised the issue of the encroachment by the Ministry and Dangote in its Mining areas covered by ML18912 and ML18913 at the courts.

“When this matter was raised, counsel to Dangote and the Minister of Mines promptly apologized and they were thereafter cautioned by the courts that once a matter is before a court, no party should take any step that will affect the subject matter of the court,” it maintained.

“It is a known fact that BUA is in possession of the mining site at ML18912 and ML18913 in Obu Okpella, Edo state and this has accounted for several attempts made by Dangote through its counsel to obtain restraining orders against BUA. These have been declined by the courts on all occasions.

“In the case of Bulus which was cited by Dangote in its publication, there was a 22 count charge out of which 21 were dismissed and Bulus discharged and acquitted on those 21 counts. It is however curious that Bulus, out of 3 accused persons, was jailed for conspiracy on the same charges which he was discharged and acquitted on 21 counts while the others were discharged. Clearly, this judgment depicts the biblical saying of the voice of Jacob and the hand of Esau.

“We do not intend to join issues further on this point because this issue is now a subject of litigation at the Court of Appeal and we are certain Justice will prevail,” it expressed.

 

BUA welcomes Dangote’s resolve over disputed mines in Edo

By Abdulwaheed Usamah,

The Nigerian indigenous cement manufacturer, BUA, has welcomed decision of its river, Dangote, that it would wait for outcome of courts over disputed mines which the two companies river on, in Edo State, recently closed down by the state Governor, Godwin Obaseki.

BUA expressed that it was a welcomed development on resolve of Dangote to await outcome of courts and that it appreciated the decision to that both parties wait for a judicial outcome of the case.

However, Dangote had yesterday published on Nigerian Stock Exchange website that the ongoing suits shall be resolved by the courts in accordance in their role under the constitution and law of Federal Republic of Nigeria.

Through a statement released on Wednesday by BUA, the cement manufacturer said that Dangote has reached a decision which it has been insisting on, rather than interference of alleged agencies of government.

It said: “This is in line with what BUA has always insisted and we appreciate the decision to wait for a judicial outcome rather than resorting to self-help and/or using influence and certain agencies of government in disrupting operations at some of BUA’s mining areas covered by ML18912 and ML18913 in Obu, Okpella, Edo State.

“With respect to the statement by the Ministry of Mines published in Punch Newspapers of December 8, 2017 and alluded to by Dangote Cement Plc in its statement, BUA wishes to state that we have responded to the ministry through our lawyers and via other media.

According to the statement, BUA remains resolute and unequivocal about its stand that ‘Status Quo be preserved’ as instructed by the Federal High Court sitting in Benin in Suit No. FHC/B/CS/7/2016 BUA International Limited & BUA Cement vs. Hon. Minister of Mines & Steel Development and Dangote Cement Plc.

“For the purpose of clarity, this means that BUA remains in possession of the Mining Areas covered by Mining Leases 18912 and 18913 in Obu, Okpella, Edo State and will continue to exercise its rights to operate those mines in line with the dictates of the courts.

“If anyone or any stakeholder (especially the Ministry) remains in doubt as to what ‘Status Quo’ means in this case, they are free to write to the courts for an interpretation,”it stated.

BUA affirmed that it fully intends to abide by the outcomes of the judicial process as provided by the laws and Constitution of the Federal Republic of Nigeria.

“BUA also hopes that with the statement by Dangote Cement Plc, this will put an end to the continued cycle of harassment or clandestine moves by certain stakeholders to usurp the powers of the courts and disrupt operations at our site in a clear disregard of existing court directives.

“BUA therefore enjoins and urges all stakeholders involved, not limited to the Edo State Government, the Ministry of Mines and Steel and other parties,  to also await the outcome of the judicial process in the interest of a competitive business climate governed by the rule of law in Nigeria,” it advised.

SON warns producers against substandard table water

By Abolaji Adebayo

Standards Organization of Nigeria (SON), has charged producers of table waters to be careful in their production and adhere strictly to the relevant Nigerian Industrial Standards in order to save unsuspected consumers from diseases.

The Director General, SON, Osita Aboloma, warned that the organization would not be friendly with any producer who digressed from the standard as the culprits would be dealt with.

Addressing stakeholders at a one-day workshop organized for the Table Water Producers Association of Nigeria, Osun Chapter in Osogbo on Friday, Aboloma said that the call became imperative to avoid cholera and other water related diseases.

Aboloma, who was represented at the workshop themed: “Water and its Associated Production Challenges” by the SON Food/Codex Deputy Director, Dr. Omolara Okunola, stressed that the need for quality drinking water, packaged under very stringent hygienic condition could not be overemphasized.

He explained that the health effect of unguarded water could lead to death resulting from water-borne diseases such as dysentery, diarrhea, typhoid fever among others, adding that it became important to adhere to hygienic water production in order to avert the risk associated with it.

He said that there was need for bottle water producers to ensure that the water was produced in an environment free from contamination by human, animal, agricultural and chemical waste.

He emphasized that any table water producers who failed to comply with the relevant standard laws would be sanction accordingly.

In his remarks, the SON State Coordinator, Jerome Umoru, noted that potential hazardous health situation could arise from consumption or use of contaminated packaged water.

Umoru said the workshop was organized to sensitize members of the association on the need to imbibe the culture of safety and quality production of packaged water.

“Water is essential for sustenance of life and that is why it is very important to ensure a very clean environment for water production,’’ he said.

Also speaking, the Chairman of the Association, Ademola Adeyeye, said that the workshop was timely as it would assist the members to sanitize the water industry in the state.