By Itohan Abara-Laserian
Lagos, July 8, 2021 BOC Gases Nigeria Plc has notified the Nigerian Exchange Limited (NGX) of the appointment of Mrs Aderonke Segun-Alabi as Company Secretary.
This is contained in a notice posted on the website of the NGX signed by Mr Adeshina Alayaki, Financial Director of the company, on Thursday in Lagos.
Alayaki said that Segun-Alabi’s appointment followed the resignation of Mr G.A Oriseh with effect from June 28.
According to the notice, Segun-Alabi is a 2001 graduate of Law (LL B) degree from Olabisi Onabanjo University (formerly Ogun State University); and subsequently called to the Nigerian Bar in 2002.
Alayaki said that for two decades, Segun-Alabi engaged in corporate legal practice cutting across different areas, and adept in Top Level Statutory and Regulatory Liaison, Institutional Relationship Management, Legal Sustainability, among others.
“Prior to joining BOC Gases, Segun-Alabi served as the Legal Partner, Commercial Banking at Ecobank Nigeria Plc with essential mandate on recovery matters.
“She was a Legal Officer at the defunct Oceanic Bank Plc between 2008 and 2011, while she also served as Company Secretary to the defunct Heritage Microfinance Bank Limited from 2004 to 2007,” he said.
Abuja, July 8, 2021 Cement prices will crash if Nigeria has more producers, Chairman of BUA Cement Company, Alhaji Abdul-Samad Rabiu , said in Abuja on Thursday.
Nigeria currently has three major cement producers – Dangote Cement, Bua and Lafarge. Their combined 30 million tonnes per annum production does not meet rising local demand.
Rabiu said at the Annual General Meeting of his company that with increased production by additional companies, the prices of cement would tumble.
He said though increased number of cement producers would mean more competition for him, the interests of the country and that of its people were paramount.
He urged the Federal Government to licence more cement manufacturers with a view to meeting local demand.
“The high price of cement is of a great concern for me; the price is actually high. We are 210 million or 220 million people, 30 million tonnes of cement per annum is actually low for us.
“No one can really control the price because it depends on demand and supply. We are trying hard to ensure the price is not as high as it is now.
“Nigeria is growing with a huge economy; we need more plants on stream to cater to the rising demand of cement in the country.“Egypt […]