×
  • Business - Companies
  • Updated: July 14, 2022

Dangote Cement Signs Five-Year Community Development Agreement With Host Communities

Dangote Cement Signs Five-Year Community Development Agreeme

A five-year Community Development Agreement (CDA) has been signed between Dangote Cement Plc and its Ibese plant host communities.

Azad Nawaduddin, Dangote Cement, Ibese Plant Director, revealed this in a statement signed by Francis Awowole-Browne, Media and Communication Relations Personnel, Dangote Industries Limited on Thursday in Lagos.

According to Nawabuddin, the decision to sign the agreement was a demonstration of the company’s commitment to human capital and the infrastructural development of its host communities.

He also added that the agreement indicates new dawn for both the company and the host communities in executing the laid out social investment projects under the company’s Corporate Social Responsibilities (CSR) activities.

Nawabuddin further explained that the company signed its first CDA in 2013 which marked the beginning of concrete infrastructural and social support to improve the standard of living in host communities.

He said the new CDA is an improvement as it was fashioned to surpass previous performance through positive impact on the various stakeholder groups, especially the vulnerable in our communities.

“In putting this together, we applied all the lessons from the implementation of the former and thoroughly engaged with the different stakeholder groups across the 17 host communities, with the guidance of the Federal Ministry of Mines and Steel Development.

“We gather as key stakeholders in fulfilment of the provisions of section 116 of the Minerals and Mining Act 2007, and 193 of the Minerals and Mining Regulations 2011 of the Federal Republic of Nigeria.

“This occasion is a demonstration of our commitment to the development and overall well-being of our host communities and their people, as a responsible corporate entity.

“It is clearly a path to define relationships, commitments, obligations, and expectations with potential to address immediate concerns and future social issues that may arise, once all parties are committed to its full implementation,” he said.

The Dangote Cement Plant Director, affirming the company’s commitment to fulfilling all its obligations, charged the host communities to keep their end of the bargain to foster all-round development.

The traditional leader of the Aga-Olowo, Olu of Aga-Olowo, Oba Kayode Kusoro, commended the management of Dangote Cement for its warm commitment to its host communities.

Remarking, the Aboro of Iboroland (traditional leader of Iboroland), Oba Daniel Salako, expressed his satisfaction with the fresh agreement which he considered to be better and more inclusive than the previous ones.

“This CDA is good for us all.

“Though the fresh agreement is limited to the existing seventeen host communities and cannot cover the entire Yewaland for now, it is subject to future amendments that will conceive legacy projects for the benefits of the people of Yewaland,” he said.

 

Related Topics

Join our Telegram platform to get news update Join Now

0 Comment(s)

See this post in...

Notice

We have selected third parties to use cookies for technical purposes as specified in the Cookie Policy. Use the “Accept All” button to consent or “Customize” button to set your cookie tracking settings