Dangote Cement pays over N3.3trn in dividends to shareholders in 15 years - ITREALMS

ITREALMS ... making leadership SENSE with digital news!

... Vows to transform Africa by making it self-sufficient in cement, clinker

Shareholders of Dangote Cement Plc have received over N3.3 trillion in dividends over the last 15 years. Aside from this impressive dividend payout, the shareholders have also significantly benefited from the capital appreciation of the cement stock.

The benefits to the shareholders were disclosed on the floor of the Nigerian Exchange last Wednesday during the “Facts Behind the Figure” presentation, by the Management and Board of Dangote Cement, which was ably led by the new Chairman, Mr. Emmanuel Ikazoboh.

Dangote Group pays N402.3bn tax to FG - ITREALMS

ITREALMS ... making leadership SENSE with digital news!

The Pan African Conglomerate Dangote Industries Limited, (Dangote Group), and its subsidiaries has disclosed that it paid over N402 billion in taxes in 2024, making it the highest taxpayer in the country.

Dangote’s Chief Branding and Communication Officer, Anthony Chiejina, declared during a meeting with some senior media executives who visited him in his Lagos Office that Dangote Industries Limited (DIL) and its subsidiaries, namely, Dangote Cement, NASCON, Dangote Packaging Limited among others, remitted a total of N402.319billion for the out-gone year as taxes as responsible business enterprises.

Agboworin visits Special School, pays 2024 NECO exam fees for students - ITREALMS

ITREALMS ... making leadership SENSE with digital news!

The member representing Ibadan North East/South East Federal Constituency, Hon. Abass Agboworin on Friday, paid an unscheduled visit to Omoyeni Special Basic Home for the Blind, located at Adesola area, Orita-Aperin, Ward 7 of Ibadan South-East local government, Ibadan, reports ITREALMS.

The school, which caters for the blind, deaf and people living with other forms of physical challenges, received the Rep Member with a rapturous welcome.

Greenbarge Reporters' Editor-in-Chief loses mother, GOCOP pays condolence visit - ITREALMS

ITREALMS ... making leadership SENSE with digital news!

Aishatu Onwaaza Usman, mother of the Editor-In-Chief of Greenbarge Reporters online newspaper, Yusuf Ozi Usman is dead. 

She died Sunday, May 14, at the age of 86 after a protracted illness in Abuja, where she has been living since 2013.

African Internet community pays tribute to Dr Tarek Kamel, seeks 100 signatures - ITREALMS

ITREALMS:

The Africa Internet technical community is seeking 100 signatures in honour of Dr Tarek Kamel as tribute to many of his pioneering efforts on the continent, reports ITREALMS.

Kamel, a former Senior Advisor to the president of the Internet Corporation for Assigned Names and Numbers (ICANN), remained the first African to be appointed in that capacity.

“Our goal is to reach 100 signatures and we need more support,” the organisers of the tribute said.

They also urged people to read more about Kamel and sign the petition.

As at the time of filing this report, ITREALMS gathered that over 30 signatures have endorsed the tribute.

ITREALMS recalls that Tarek was a member of the Internet Society (ISOC) Board of Trustees and vice president for his chapter between 1999 and 2002.

A founding member and former board member of Africa Network Information Centre (AfriNIC), Kamel acted as Chairman, Executive Bureau of Arab Telecommunications and Information Council of Ministers from 2004 to 2008 and the Chairman of the Ministerial Conference on Communication and Information Technologies of the African Union from 2006 to 2008.

Based on his leadership in the ICT sector, the South African Ministry of Communications named Kamel in 2005, the "Top Minister in Africa with an ICT Portfolio.”

In August 2012 ICANN appointed Kamel to serve as a senior advisor to its president, making him the first national of a developing country to fill one of ICANN's senior management posts.

This is coming as African Internet community also plans to host a session on Kamel’s honour during the forthcoming Annual General Meeting (AGM) of the Internet Corporation for Assigned Names and Numbers (ICANN66) in Montreal, Canada.

The AGM is slated for between November 2 through 7, 2019.

Chuks Egbuna/Editor

*JOIN our alert's group | Share stories with us | Advert placement: WhatsApp | SMS: +2348033592762 *Twitter: @ITREALMS *Email: itrealms.dsa@gmail.com*

LASG pays N48bn to pensioners

ITRealms:

The Lagos State Government has paid accrued pension rights totalling N48 billion naira to over 10, 300 retirees to underscore its commitment to improve the welfare and well-being of former staff, reports ITRealms.

The Commissioner, Ministry of Establishments, Training and Pensions, Dr. Benson Oke Akintola, who stated this on Tuesday while speaking at the 10th Retirement Benefit Documentation Seminar for employees who are due to retire from the Lagos State Public Service between July and December, 2016 at Alausa, Ikeja, said the State Government will continue to deliver tangible dividends of democracy in spite of the limited available resources.

Dr. Akintola, represented by the Permanent Secretary, Civil Service Pensions Office, Mrs. Funmilayo Balogun said, “Prompt payment of the monthly salaries and allowances of all active workers by the Lagos State Government will continue to be our focus. This is because Government is ever conscious of the necessity to ensure the well-being of its workforce whose contributions to its achievements cannot be quantified.”

Speaking earlier, the Director General, Lagos State Pension Board, Mrs. Folashade Onanuga said that the total contributions credited into active employees Retirement Savings Accounts managed by the 10 Pension Fund Administrators approved by the State Government, from April 2007 to March 2016 is approximately N64 billion.

She restated that the accrued pension rights of N48 billion paid by the present administration to over 10, 300 retirees has increased the total amount remitted by the State Government as employees’ pension rights under the Contributory Pension Scheme to N112.080 billion naira.

While commending the Ambode led administration for its dedication and steadfastness despite the myriad of projects competing for the State’s resources, the LASPEC boss used the occasion to thank all the stakeholders who have, in one way or another, contributed to the efficient operations of the scheme in Lagos State.

The Retirement Benefit Documentation Seminar is a bi-annual event which is intended to prepare employees, retiring from the civil service, for a life of financial independence, as well as educate them on how to manage their health in retirement.

ITREALMS ... everything news digitally!