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Oyo Govt’ll rebuild Akesan Market, provide support to victims, says Makinde



…Makinde will do well for the state—Alaafin

…as Gov inspects fire incident scenes

Oyo State Governor, Engineer Seyi Makinde, has said that the State Government would rebuild the Akesan Market, Oyo and also provide support to all victims of last Sunday’s fire incident, which razed the popular 400 year old market.

The Governor, who stated this at the site of the inferno and at the palace of the Alaafin of Oyo, Oba Lamidi Olayiwola Adeyemi III, said that rather than engage in buck-passing over the failure of the past administration to provide necessary fire-fighting tools, he would take responsibility for the failure of the system.

A statement signed by the Chief Press Secretary to the Governor, Mr. Taiwo Adisa, indicated that Governor Makinde, who expressed deep regret over the unfortunate fire incident, noted that an investigative panel had already been set up to look into both the remote and immediate causes of the inferno.

“I must, at this point, express my deep sadness over the loss of lives and property because of the various fire outbreaks in Oyo State. This is deeply regretted. Of course, things happen that signal the failure in our system. I swore to an oath to protect the lives and property of everyone living within the borders of this State, so I take full responsibility for this failure and promise that I will make things right,” the Governor said.

According to the Governor, victims who lost their properties and businesses to the inferno would be provided with financial support in order to enable them to have a swift bounce back into business, so that the economy of the zone would not suffer a downturn.

The Governor said the Government has commenced the process of acquiring additional 10 fire-fighting trucks to boost fire-fighting services in the State, while also urging residents to be safety-conscious with regards to prevention of fire outbreaks considering the current weather condition.

While speaking during the Governor’s visit, Oba Adeyemi said he believed Governor Makinde would fulfill his promise to rebuild the market, noting that he was rest assured that the Governor meant well for Oyo State.

The monarch, who went into a brief history of the market, called on the Government to consider returning the market to the Palace for control and management as it was in the past, for effective management.

“Whoever thinks he won’t cooperate with the Government will have himself to blame. We understand that and nobody can deceive us, it is whatever the Governor discusses with us that we will accept. And by God’s grace, he will fulfill his promise,” the Alaafin said.

Speaking at the Akesan Market site of the inferno, Governor Makinde said: “Just like I said this morning concerning the fire outbreak here, we have accepted it in good faith. But I want to assure you that whatever is expected of Government will be done.

“Though we all have to accept that things like this happened because some people failed to do the right thing when they had the opportunity, as the Governor of the State, I take full responsibility for the failure in the system, because I swore to protect everyone of you.

“I learnt that the caretaker chairman of this local government already has the record of all the traders here. We will look at that record so that we can support the victims of the incident. And I am also making the commitment that we will rebuild this market and, by the grace of God, this place will become more beautiful than before. So, I urge you to be calm for us to do what is needful. We will rebuild this market as quickly as possible with your cooperation.”

Similarly, while speaking the Alaafin’s palace, the Governor said: “I want to use this opportunity to greet my father, the Alaafin of Oyo and traditional council from Ondo State that I met here. I am here in with almost all the members of my cabinet. As we were coming, we stopped to see the razed Akesan market and I have engaged and spoken at length with the Iyaloja. The reason we all came is because we are saddened by what happened to the market.

“Today, we held an inter-religious service and prayed that an unfortunate incident like this will not happen to us again. The manner in which the year 2020 started is somewhat challenging but it will still end in joy for us all. What happened is not what should be politicised, because since it happened many have been crying over the loss. Some, their monies got burnt too.

“About four years ago, Alaafin told me that the market women who make little money from their sales use the stipends to send their wards to the university. So, there is now a gap. I have not come here to play politics or promise what the government will not do. We will look at the record of those who have stores in the market and see what we can do for them. We will rebuild the market.

“Some people have visited the scene of the incident and promised that they will give the traders some money. May God help them to actualise that because if they fulfill their promise, it will add to what the Government is planning to do. Actually, there has to be an organised way to tackle what happened. The caretaker chairman of Oyo East will come to the Alaafin and we will work with the Committee they will set up. We will rebuild the Akesan Market, modernise it and allocate spaces for those who had stores there before the fire and we will accomplish this within the shortest possible time.

“I have also spoken with the Commissioner for Works on the same issue. I want the Commissioner for Works to follow through with the programme we have discussed concerning the clearance of the environment and present the survey.

“We will give the architect that will redesign the place and mobilise workers to the site as quickly as possible. We are doing this because one of the cardinal programmes of this administration is to expand the economy without leaving any zone behind. And we know that this market is huge as far as the economy of Oyo zone is concerned. So, we will pay due attention to the matter.

“Let me say, once again, that I am not the type that will shift responsibility. Of course, some people for eight years did not acquire any fire truck for the fire service department of the State. I am not shifting responsibility but taking full responsibility for what has happened. I was the one who swore in the presence of Alaafin that I will protect lives and property of everybody in Oyo State. So, I will do better.”


Taiwo Adisa

Chief Press Secretary to Governor Seyi Makinde






The BUA group has denied increase in the price of it’s cement. The clarification came as a result of requests from customers as well as distributors who have been calling to find out whether, like DANGOTE Cement BUA had also increased its own price by 260 Naira.


In a signed statement released this afternoon, the BUA group insists that it stands by its earlier decision not to increase cement price which was communicated on April 24, 2021.


According to the management of BUA, they are aware that Dangote decided to increase the price of it’s cement by 260 NAIRA from June 14, 2021. The management also noted that even though there had been decline in cement demand due to commencement of rainy season, any further increase in price will disrupt, the normalisation or stabilisation  of prices.



The BUA group further stated that they will always be willing to play their role as a responsible corporate entity rather than associate with others to form a cartel to fix prices which will ultimately not be in the best interest of Nigerians.



In their words, ‘ The timing is not right for any increase on BUA’s part and we do not have any justifiable business reason to increase to increase our prices any time soon.



They also hope that the price increase by Dangote will not disrupt the downward trend of cement price movement

See statement



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Dangote $2 Billion Urea Fertilizer Plant Pushes Out 120 Trucks Everyday..… Excites marketers, farmers in North 




After months of speculations, Dangote Urea fertilizer is now finally on sales nationwide and it currently pushes out a minimum of 120 trucks per day across the country


Group Executive Director, (Strategy, Capital Projects & Portfolio Development) · Dangote Industries Limited,  Devakumar  Edwin, revealed to the press over the weekend that the Plant which has the capacity to turn out more than 4,500 tonnes of urea per day will conveniently meet the local demand and even produce for exports.


According to him: “…We have the capacity to turn out 4,500 tonnes of Urea everyday…this is a bulk application fertilizer…each crop in Nigeria or globally will require Nitrogen and this is a rich fertilizer, having 46 per cent nitrogen…The company has the capacity to meet local demand and also export to African countries… Currently the demand is less than 1 million tonnes and we alone can  produce 3 million tonnes, so we can easily meet local demand and also produce for export to other west African countries.”




Aside fertilizer production, the company, according to Edwin is already working to support the farmers with training on application of the fertilizer and even establish laboratories across the country for proper soil examination.\



“The uniqueness of this plant, apart from the fact that we are producing is the focus on farmers’ support, on training, education, development as we are now establishing laboratories across the country and even mobile laboratories where we can go drive around and take soil samples for proper examination to effectively grow the agricultural outputs across the country”



The Urea Fertilizer plant was built to tap into Nigeria’s demand for fertilizer, a critical component of achieving food sufficiency for Africa’s most populous country.



The Fertilizer plant is expected to manufacture 3 million metric tonnes of urea per annum, with a view to reducing the nation’s fertilizer imports, and generating $400m annual foreign exchange from export to Africa countries.


Meanwhile marketers and farmers in Kano have described the newly introduced Dangote Fertilizer as a game changer and a forecast for the expected agricultural revolution in the country.



Marketers and farmers who were apparently excited, over the weekend welcomed the more-than ten trucks that entered Kano markets at the weekend.



Speaking at the event organized by Dan Hydro Company in Kano to mark the introduction of the fertilizer into the northern market, chairman of the Kano state Agro Dealers Association Alhaji Shuaibu Akarami said agro dealers have confidence in Dangote fertilizer as they have in all his products, adding that as a dealer who spent decades in the business he has discovered that Dangote fertilizer will have no problem penetrating the market in the North.



“I have checked the product and have found out that it will have no problem penetrating the market. With my experience in agro products, I can authoritatively say the product has met our expectations and that has confirmed the confidence we have in Dangote fertilizer and other sister products of the Dangote Group,” he said.


The Dan-Hydro fertilizer Company in Kano which took delivery of the first batch of trucks in Kano said the timing and strategy for the introduction are rife.


Head of operations, Dan- Hydro operations Mr. Hamadi Sekou Drammeh said the Dangote fertilizer conforms to all set standard required by the regulatory agencies.


He said the phenomenon of perennial shortage of the fertilizer product will be over in the country.

He said as part of its public enlightenment plan, the company was going to work with all stakeholders in the agricultural sectors.

In the same vein, Sales Manager of Dan Hydro Mr. Sulaiman Tanko assured that the product will be sold at a reasonable price that will enable fair competition in the market. 

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Jumia Marks 9th Anniversary with 60% discount, partners Unilever, Xiaomi, Nivea




Nigeria’s leading e-commerce platform, Jumia, is celebrating nine years of e-commerce journey with a sales campaign aimed at celebrating customers, sellers, and partners on its platform. The campaign will run from June 11th until 27th, 2021.

Jumia’s 9th anniversary which also doubles as the anniversary of e-commerce in Nigeria, since the e-commerce giant paved the way for online shopping, is offering 60% discount in a sales campaign tagged “Celebrating You”, aimed at celebrating new and loyal consumers. The discount will apply to categories such as Electronics, Beauty, Fashion, Phones & Tablets, Groceries, Appliances and many more.

Partners for this campaign include over 11,000 sellers on the Jumia Nigeria platform and international brands such as Unilever, Xiaomi, Nivea, Reckitt Benkisser and Infinix.

Jumia Nigeria CEO, Massimiliano Spalazzi said: “It has simply been an amazing journey. If I went back to how we started and where we are, being the number one e-commerce company in Africa and in Nigeria, it makes us very humble. We believe that e-commerce has played an even more important role in people’s life and to celebrate the achievement and to better serve our consumers and sellers, that is why the slogan for our 9th anniversary is ‘Celebrating You’.”

For the anniversary window, customers will enjoy up to 60% off on a diverse list of brands across categories including Groceries (Unilever, Nestle, Coca-Cola, Carrefour), Sanitary & Hygiene (Reckitt Benckiser, P&G, Henkel, GSK), Beauty (l’Oreal, Maybelline, Garnier, Nivea), Phones (Samsung, Xiaomi, Nokia, Huawei), Electronics (Intel, HP, Philips, Sony), lifestyle (Playstation 4) and many more.

“The anniversary will be celebrating you as our consumer, employee, seller, logistics partner, celebrating you as our client and those in the ecosystem and our environment for which we make life better every day,” Spalazzi added.

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