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Dangote Cement places premium on community engagement, sustainability in Host communities

Dangote Cement Plc, is prioritizing community engagement, empowerment, and environmental stewardship to sustain its upward trajectory,

The cement manufacturing firm said it believed that true progress is measured not only by economic prosperity but also by the holistic development of all stakeholders.

The Plant Director of Dangote Cement Plc Obajana, Mr Azad Nawabuddin, who disclosed this during a media chat in Obajana, said that the relationship between Dangote Cement and its host communities and other stakeholders transcends transactional exchanges as it is built on a foundation of trust, mutual respect, and shared aspirations.

“The communities in which we operate are not just beneficiaries; they are our partners in progress,” he affirmed.

While reaffirming the company’s commitment to its host communities, Nawabuddin, who recently moved from the Ibese plant, emphasized that the company would collaborate with key stakeholders in Obajana to implement impactful projects.

He said crucial to the vision is the empowerment of residents through skills development and capacity-building initiatives. “We recognize the importance of equipping community members with the requisite skills to thrive in today’s competitive landscape,” Nawabuddin asserted.

The Dangote Cement boss said this will enhance employability and foster entrepreneurship among youth and women in the host communities.

With a steadfast commitment to corporate social responsibility (CSR) and sustainable development, Nawabuddin outlined initiatives to strengthen the bond between Dangote Cement and the communities. He emphasized that the company views its host communities as partners.

“In terms of community engagement, we will hold meetings to explore avenues for supporting them, including opportunities for businesses and contracts. The communities are integral partners for us. Through dialogue with them, we aim to execute significant projects that will bring them lasting benefits,” he stated.

Nawabuddin also stressed the importance of environmental stewardship and sustainable practices in Dangote Cement’s operations. “We are custodians of the environment, and it is our duty to ensure that our activities leave a positive impact on the ecosystem,” he added.

Nawabuddin explained that in addition to socio-economic development is the importance of addressing security concerns in the host communities. He said through collaborative efforts with law enforcement agencies and community-based initiatives, security risks will be mitigated, and the well-being of residents will be upheld.

“We are working closely with local authorities and community leaders to enhance security measures and create a safe and conducive environment for all,” he added.

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Outcome of The Meeting of Directors

Issued: March 18, 2021
Lagos, Nigeria

Outcome of The Meeting of Directors

This is to announce that at the meeting of the Board of Directors held on March 18 2021, the Board approved the Audited Financial Statements of the Company for the year ended December 31 2020. The Audited Financial Statements will be filed with the NSE on or before March 31 2021.
 
At this meeting, the Board also approved the recommendation of a dividend of N16.00 to the shareholders at the forthcoming Annual General Meeting. The date of the Annual General Meeting will be announced shortly.
 
Pursuant to this, the Closed Period will continue until 24 hours after the audited financial statements are published.
 
The Closed Period is applicable to all parties that may at any time possess sensitive information that may materially affect the price of the securities of the Company.

Signed:

Edward Imoedemhe
Deputy Company Secretary

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