FBNH is currently trading on Full bid @12.10pm
- 7.8m units at 3.42
- Overall bid 18.3m units (Now 23million units)
- Volume traded 5.7m units
FBNH Daily chart:
- Consolidation of late October to December has created a Strong breakout
- We expect first resistant levels within the N3.55 levels
- Second resistant within the N4.10 range
The Dangote Group has dismissed 109 workers at Obajana Cement Company in Kogi State, after being found guilty of various offences, Mr Abdulahi Magaji has said.
Magaji , the Coordinator of the company’s Patrol Team, announced this to newsmen on Tuesday at the Obajana premises of the company.
Magaji said that the dismissed workers were among the 244 suspects arrested between May and November.
According to him, they include erring drivers, owners of illegal haulage, and those stealing the company’s properties among others.
He said that other 115 workers were being remanded in prison custody pending the determination of their cases.
“I am happy to inform you that we have arrested and recovered five stolen trucks; but unfortunately, the products have been stolen.
“It is interesting to note that one of the kingpins, Samaila Yakubu, who specialised in stealing our trucks in collaboration with some drivers and buyers, has also been arrested.
“It is this group that has been terrorising our trucks in the South East and South South axis,’’ Magaji, a former Commissioner of Police said.
The coordinator said that the President of Dangote Group, Alhaji Aliko Dangote, had directed that misconducts by drivers should be reduced to the barest minimum.
“We have pasted warnings clearly on the cab of all our trucks prohibiting carrying of goods and passengers apart from company’s products.
“We are calling on the law enforcement agencies to support the efforts of the Dangote Group in arresting those who break the laws of the company,’’ he said
He explained that the efforts of the patrol team had helped to reduce accidents in the fleet, adding that more measures would be put in place to reduce accidents.
The News Agency of Nigeria (NAN) reports that the major duties of the National Patrol Unit of Dangote Group are to stop illegal haulage and reckless driving by Dangote drivers.
The patrol unit also prevent diversion of products, driving of Dangote Trucks by unauthorised drivers and enlightenment of drivers on traffic rules among others.
The three men alleged to have kidnapped and killed the human resources manager of the Dangote Industries Limited, Istifanus Bello, have said he was murdered for bringing incomplete ransom.
The suspects – Abdullahi Saliu, Babuga Adamu and Abubakar Gide – told PUNCH Metro that Bello got them angry after bringing N5.6m instead of the N10m agreed for the release of four expatriates earlier kidnapped by their gang.
They said Bello was killed after he had been held for three days because he allegedly refused to call his employer to pay the balance of N4.4m.
PUNCH Metro had reported that Bello had gone to the Ijebu-Igbo area of Ogun State with N5.6m as ransom payment for the four expatriates.
While the foreigners were released, he was abducted and later killed.
His corpse was reportedly recovered from a river by the police.
Investigations by the Abba Kyari-led Inspector-General of Police Intelligence Response Team resulted in the arrest of Saliu, Adamu and Gide in Lagos, Kwara and Ogun states.
The men, who were Fulani herdsmen, were on Tuesday transferred from the Force headquarters in Abuja to the Special Anti-Robbery Squad, Ikeja, Lagos, pending the conclusion of investigation.
In an exclusive chat with our correspondent, the suspects, who spoke in Yoruba, said 10 of them carried out the operation.
Twenty-year-old Saliu, an indigene of Kano State, said they were led by one Alti, who fired the shot that killed Bello.
He said, “We were 10 that carried out the operation and we were all fully armed. We had attacked and abducted the four expatriates while they worked in a quarry located in a forest in Ijebu-Igbo; they were guarded by two policemen who had an AK-47 rifle and a pump-action rifle. We surrounded the quarry, overpowered the policemen and took one of their rifles. We didn’t touch them.
“We then moved the expatriates into the forest where we fed them with bread and soft drinks. We made contact with their families and the company and demanded N30m ransom. We later reduced the money to N20m and then N10m.
“Some days later, the man (Bello) brought N5.6m. Our leader, Alti, was angry and after releasing the four expatriates, he seized the man. He said he must call his family members or the firm to pay up the remaining N4.4m or else he would be killed in three days. But the man said he does not have any number to give us and he does not have any money. After the three days elapsed and nobody came for him, he was shot dead.”
Saliu said he was paid N150,000 from the ransom after which he left the group.
PUNCH Metro learnt that the suspects dumped the victim’s corpse in a river and tied it to a log to prevent the corpse from floating.
Another suspect, Adamu, 25, said he had persuaded Alti against killing the victim, adding that the leader rebuked him.
“I was given N190,000 for my role. I still have the bulk of the money. When the man brought the ransom, I was the one that led the group to take the money. I was able to do this because I have lived in Ijebu-Igbo for over 10 years; I was brought up here. When Alti insisted on killing the man, I told him to take the man far from where our cows graze; I said it was none of my business if he killed him,” he added.
The third suspect, 24-year-old Gide, from the Gumi Local Government Area of Sokoto State, said Adamu made him to join the group.
He said his role was to buy food for the expatriates.
A source told PUNCH Metro that the police and some vigilance group members had first apprehended Saliu and transferred him to the Ogun State Special Anti-Robbery Squad, adding that when they didn’t have a breakthrough, the IGP team was invited.
He said, “After we intervened, Saliu confessed to us and took us to where the man’s corpse was. It was already decomposing when we found it. Fish had even picked out his eyes. We contacted some council officials, who removed the corpse and deposited it in a mortuary from where some employees of the Dangote company picked it.
“From the information we gathered, we arrested Adamu’s brother, who gave us his address in a forest in Epe, Lagos. We got him arrested around 2am while he was fast asleep with other herdsmen in an open space.
“We later moved to Kwara State to arrest the last suspect, Gide. A policeman had pretended that he had a special assignment and he needed a woman and a hotel to stay in, and since Gide was very familiar with the area, he believed he could help out. After dribbling us for three days, he finally showed up and we arrested him.
“We are still searching for the remaining seven suspects, including the one with the police gun which they took at the quarry; and we will get them.”
The Force Public Relations Officer, Donald Awunnah, said investigations were ongoing
Nigeria and four other ECOWAS have agreed to stop importing toxic fuels from Europe in a move that could improve the health of more than 250 million people, according to the United Nations. Nigeria, Benin, Togo, Ghana, and Ivory Coast have pledged to introduce strict standards to ensure they use cleaner, low-sulphur fuels for their vehicles, effectively stopping Europe from exporting its dirty fuels, the U.N. Environment Programme (UNEP) said. European trading firms have been exploiting weak regulations in West Africa to export fuels with levels of sulphur up to 300 times higher than is permitted in Europe, campaign group Public Eye said in a report published in September. Public Eye described the issue as a “ticking time bomb” as cities grow across Africa and populations boom in major hubs including Nigeria’s Lagos and Ghana’s Accra. “West Africa is sending a strong message that it is no longer accepting dirty fuels from Europe … they are placing the health of their people first,” said UNEP head, Erik Solheim. “Air pollution is killing millions of people every year and we need to ensure that all countries urgently introduce cleaner fuels and vehicles to help reduce the shocking statistics,” Solheim said in a statement. Sulphur is responsible for deadly heart and lung diseases, health experts say. The five countries have also agreed to upgrade the operations of their national refineries – public and privately owned – to improve the quality of their fuel by 2020, UNEP said. The Minister of Environment, Amina Mohamed, said the agreement would massively improve the air quality in the country and allow the nation to set modern vehicle standards. “For 20 years, Nigeria has not been able to address the vehicle pollution crisis due to the poor fuels we have been importing,” Mohamed said in a statement. A combination of low-sulphur fuels and advanced vehicles emissions standards can reduce harmful emissions by up to 90 percent, according to the UNEP. Outside of West Africa, Kenya, Tanzania, Uganda and Morocco have all increased fuel quality requirements in recent years. But better quality drives up costs, and with many nations facing severe shortages in public finances, they are wary of angering people with higher pump prices, analysts say