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Society Lauds Dangote On Job Creation, Industrialisation

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The African Real Estate Society (AFRES) has lauded Chairman, Dangote Group, Aliko Dangote for enhancing Africa’s economic growth and spearheading unemployment reduction through his contributions to the real estate sector.
Head, Corporate Communication, Dangote Group, disclosed the AFRES commendation in Lagos,Wednesday.
Chiejina said the real estate practitioners gave the commendation during the facility tour of the 12 million per annum metric tons Dangote Cement Ibese plant in Ogun.
He noted that President of AFRES,Catherine Kariuki, said that Dangote was a pillar that drives steady and continuous industrialisation in Africa through the spread of his cement business across the continent.
“Dangote is helping to reduce poverty in Africa by establishing companies in African countries. He is a pillar in African economy and needs all the encouragement from the African leaders.
“Nigeria is blessed to have a man who has a vision and has translated the vision to building industries and impacting positively on his people and environment and gradually changing the African narratives from that of doom to boom,” Chiejina quoted Kariuki as saying.
He said Kariuki commended the company’s efforts in rehabilitating the mines area from where limestone has been excavated.
“That is good, but I will also advise that there is a lot to learn from Kenya where Bamburi has done rehabilitation of its Bamburi site and the site has become a tourist centre in Kenya,” she added.
Kariuki urged African leaders to encourage Dangote to do more by obliging him all necessary cooperation required to set up more businesses in the sector.
Also, the Director of Dangote Ibese Plant, Armando Martinez, expressed the appreciation of the management to the Society members for choosing Nigeria for their conference and the visit to the plant as part of their programme.
Martinez said the Dangote Cement was indeed excited seeing members of the Society who were from different countries of the world, adding that such composition fitted the global business strategy of the Dangote Cement.
“Dangote has impacted its host communities positively; we build roads, we provide water, we give scholarship and offer manpower trainings to develop the people intellectually and physically,” he said.
He explained that the company had taken measures to strengthen the sustainability of its various Corporate Social Responsibility (CSR) projects provided for the people in appreciation of maintaining peace and tranquility in the communities over the years.

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FG Approves 4 New Channel Management Firms For Seaports

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The Federal Executive Council (FEC) has approved four new channel management companies for seaports across the country in a move aimed at improving vessel navigation and port operations.
Speaking at the recently concluded Annual General Meeting of the Nigerian Association of Master Mariners (NAMM), former General Manager, Marine and Operations, Capt. Ebubeogu Ihenacho, disclosed that there would be changes in the ownership of the Lagos Channel Management Company Limited and the Bonny Channel Management Company.
According to Ihenacho, the four channels serving Nigeria’s major port clusters will have different channel management companies as approved by the FEC.
He said a new company had been approved to manage the Lagos port channel, with a change of name, while the Calabar Channel would be managed by the Calabar Channel Management Company.
He added that Bonny Channel Management Company had also undergone a change of ownership.
On the Warri Channel, Ihenacho said the Federal Government had approved China Harbour Engineering Company (CHEC) and two other companies to form a consortium to manage the Escravos Channel.
He said: “For Warri, it was approved for China Harbour Engineering Company, CHEC, and two other companies, who would now form a consortium.
That consortium will now form a Special Purpose Vehicle (SPV) with the Nigerian Ports Authority to manage the Escravos Channel.”
Recall that the management of the NPA had declined to renew the concessions of the Lagos Channel Management Company Limited and the Bonny Channel Management Company, opting instead for six-month extensions of the existing arrangements.
By; Enoch Epelle
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RIRS Warns Against Unauthorised Tax Collection

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The Rivers State Internal Revenue Service (RIRS) has warned motorists, transport operators and business owners against paying taxes, levies or charges to Unauthorised persons and organisations, insisting that only the Service and its duly appointed agents are legally empowered to collect taxes on behalf of the state government.
The Service gave the warning in a public notice dated October 21, 2026, signed by its Executive Chairman, Sir Israel O. Egbunefu, FCTI, in which it clarified that the Rivers State Ministry of Transport was not authorised by the state government to collect road tax or any other tax, levy or charge from motorists and transport operators.
RIRS also specifically disowned Explore Strategic Alliance Ltd, located at No. 7 Rumuodaolu Market Road, Port Harcourt, declaring the company had not been appointed or authorised by either the state government or the Service to collect Motor Vehicle Transport (MOT) tickets or any other tax on its behalf.
The revenue agency consequently cautioned members of the public against making payments to the company or any of its staff, stressing that anyone who ignored the warning would do so at their own risk.
It reaffirmed that only the legally authorised agency responsible for tax collection in Rivers State and the appointed agents that would carry out such duties in accordance with the law.
The Service urged taxpayers to demand official identification from anyone claiming to be its tax agent and verify the person’s credentials directly with RIRS before making payments.
It further warned that individuals or groups found impersonating tax consultants, agents or their representatives to collect Unauthorised taxes would be arrested and prosecuted in accordance with the law.
RIRS also called on members of the public to report suspicious persons and activities relating to Unauthorised tax collection to the Service for appropriate action.
The agency advised taxpayers seeking clarification or assistance to visit any of its offices or contact it through its official email address, info@riversbirs.gov.ng.
The Service reiterated its commitment to protecting taxpayers, promoting voluntary compliance and safeguarding the integrity of tax administration in Rivers State.
By: King Onunwor
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Bayelsa consumers Groan  Over Inflation As Traders Remain Helpless Over Low Patronage 

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Consumers and traders at the Swali ultramodern market in Yenagoa, capital of Bayelsa State have continued to groan over high prices of commodities and poor Patronage due to cost-push inflation.
The Tide reports that in the past weeks prices of goods and services in Yenagoa metropolis has experienced increase.
Notable services like transportation have also increased  lately due to increase in the pump price of fuel that has recently further exacerbated inflation in the prices of staple foods like rice, beans, garri and others.
Speaking with The Tide on a market survey, a trader, Mrs Tovie Barakabo said a bag of bean which sold between N120,000-N130, 000 now goes for N140,000-N145,000.
Mrs Barakabo also hinted that the only commodities whose price has not gone up was price of millet which sells N60,000, while big bag of garri now sells for N30,000.
The Tide further gathered from other inside Source that 25 litres of Kings cooking oil currently sells N75,000 as against the former price of N57,000.
Other commodities such as delicious vegetable oil  now goes for N68,000, Pure vegetable oil currently goes for N66, 000, while spaghetti is now N18,800 per bag.
The market survey also discovered that Sonnia tomato mix sells N75,609, while a big and small basket of fresh tomatoes are sold for N30,000 and N6,500 respectively.
A disappointed custom, Mrs Juliet Domo who fielded questions from The Tide expressed her worries over the inflation, calling on government to take decisive stands against inflation.
By: Ariwera Ibibo-Howells, Yenagoa
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