Connect with us

News

Coy Invests $50m in Fibre Cement Board factory in Abuja

Published

on

By Iyke Obi Durumba

The Nigeria housing construction and manufacturing sector recently received a big boost as Fibre Cement Board, an innovative building material, is now manufactured in Nigeria by the New Material Nigeria Ltd, a company which is part of the Sinoma/CNBM group a fortune 500 company with headquarters in Beijing China.

Addressing journalists during a new product news briefing, Managing Director of the company, Jackie Hui said New Material Nigeria Ltd, recently opened its factory in Abuja, its first outside China and is already producing Fibre Cement Boards of global standards.

Cement Fibre Boards are composite boards made of cement, fibers and sand used in external walls and internal partitioning.

Speaking on the cost benefits of using Fibre Cement Boards, Hui said it saves material and manpower costs and reflects positively on duration of project delivery. “You save cost. For example, this building, maybe we spend one year, two years to finish this building but using our Fibre Cement Board for partition, you can complete all the building in three months. You save the human resource, you save the cement, you save the block and most importantly, you protect the environment. It’s green and better than block”

Conducting journalists around the factory, he noted that the premises had the most up to date measures for industrial safety and had passed fire safety tests by the Federal Fire Service. With industrial equipment and installed production capacity of 5 million square meters of Fibre Cement Boards per year, the factory employs 119 Nigerians at various levels.

Dai Hui said the factory also sources its raw materials locally. “Yeah, we source locally. That’s why we have confidence to grow and stay in Nigeria. For instance, last month we were able to locate a source for one of our materials, paper pulp, from Kano. For the cement, we use Lafarge, Dangote and Bua. The other is quartz sand, and stones, we source all locally.”

Nigeria’s housing sector has a deficit of at least 20m units and experts have suggested several cost effective measures aimed at bridging the gap. With superior emphasis on strength, sound and fire proofing qualities, the local demand for Fibre Cement Boards in Nigeria has spiked.

The $50m New Material Nigeria factory meets this demand. However, Dai Hui says this is just a beginning as another factory is planned for Lagos in the near future.

Also expressing a desire to be part of Nigeria’s export-oriented industrial development, Dai Hui said the future is bright as the company plans to use Nigeria as manufacturing hub for export of Fibre Cement Boards to the entire West African region. “With the support from the Nigerian people, we can expand and so Nigeria can be hub of exportation to the whole ECOWAS, he said.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

AONDOAKAA’S LAWYERS URGE COURT TO DISMISS SUIT CHALLENGING HIS GOVERNORSHIP CANDIDACY

Published

on

…As Court Reserves Judgment for November 16

The legal team representing the Peoples Democratic Party (PDP) governorship candidate in Benue State, Chief Michael Kaase Aondoakaa, SAN, has urged the Federal High Court, Abuja, to dismiss a suit challenging his candidacy for the 2027 governorship election for lack of competence.

Led by Prof. Anthony Ijohor, SAN, the legal team adopted Aondoakaa’s preliminary objection and urged the court to dismiss the suit in limine, arguing that it was not competent to proceed with the case.

The legal team headed by Prof. Ijohor, SAN, comprised other Senior Advocates of Nigeria, including Chiesonu I. Okpoko, SAN, Anthony A. Malik, SAN, and Mohammed Said Diri, SAN. Other members of the team were AT Kohol, Esq, Michael Gusa, Esq, Aleichenu Ogwuche, Esq, AJ Apera, Esq,
Matthew Onoja, Esq, DD Asema, Esq, and HT Ijohor, Esq.

The suit, marked FHC/ABJ/CS/2152/2026, was instituted by David Ejembi, Aondoaver Teryila, Joseph Okpanachi and Benedict Akaazua Orkume against the Independent National Electoral Commission (INEC), the PDP and Aondoakaa.

At the proceedings, counsel to the PDP, CT Mue, Esq, also adopted the party’s preliminary objection and urged the court to strike out the suit for lack of competence.

Counsel to the plaintiffs, Feng Pwajok, Esq, adopted the plaintiffs’ counter-addresses and written address in response to the preliminary objections. Prof. Ijohor subsequently adopted Aondoakaa’s further affidavit and reply on points of law, while Mue adopted the PDP’s reply on points of law.

On the substantive suit, counsel to the plaintiffs adopted their originating processes, while counsel representing the defendants adopted their respective processes. The plaintiffs’ counsel thereafter adopted further affidavits and replies on points of law filed in response to the submissions of the PDP and Aondoakaa.

Following the arguments, the court adjourned the matter to November 16, 2026, for judgment.

Aondoakaa, a former Attorney-General of the Federation and Minister of Justice, is the PDP’s duly nominated governorship candidate for the 2027 Benue State election.

Continue Reading

News

“WIKE CANNOT CHOOSE A GOVERNOR FOR US!” — Group Rejects Alleged Rainbow Coalition Plot in Benue

Published

on

The Benue Alliance for Good Governance and Accountability (BAGA) alleges secret political negotiations involving Wike, Akume and Ortom; insists Governor Alia should be allowed to complete two terms if re-elected.

BAGA has raised concerns over an alleged political arrangement involving prominent political figures, warning against any attempt to influence the outcome of the 2027 Benue State governorship election without the consent of voters.

In a statement signed by its President, Chief John Terfa, the group alleged that the Minister of the Federal Capital Territory (FCT), Nyesom Wike, was involved in discussions with the Secretary to the Government of the Federation (SGF), Senator George Akume, and former Benue State Governor Samuel Ortom over a proposed political alliance reportedly known as the “Rainbow Coalition”.

BAGA further alleged that Wike was seeking political control over five states under the Peoples Democratic Party (PDP) as part of the proposed arrangement to deliver President Bola Tinubu’s re-election in 2027, with Benue reportedly among the states being considered to hand over to Wike through the Rainbow Coalition.

The group also claimed that the alleged discussions were aimed at securing the emergence of former Attorney General of the Federation, Chief Mike Aondoakaa, as a preferred governorship candidate in Benue under the proposed coalition, despite Aondoakaa being banned from holding any political office for life by Supreme Court, due to unprecedented corruption and abuse of office when he was the Attorney General.

BAGA questioned why political actors from outside Benue should have a decisive influence over who governs the state, arguing that the choice of governor must remain with the electorate.

“Benue is not a political commodity to be traded behind closed doors in Abuja. The people of the state must have the final say on who governs them and the direction their state takes,” the group said.

The organisation alleged that Wike had held a series of meetings with Akume and Ortom in recent weeks to discuss the reported arrangement.

It further claimed that tensions arose during one of the alleged meetings at Akume’s residence in Abuja recently, where Wike was said to have questioned why Akume had allowed Governor Hyacinth Alia to become so politically powerful.

It was alleged that Wike demanded that Akume should make sure Governor Alia is not re-elected or declared winner in 2027 whether he wins or not and boast of having the judiciary under his control.

BAGA rejected what it described as an attempt to determine Benue’s political leadership through negotiations among powerful individuals, insisting that Governor Hyacinth Alia should be allowed to complete his constitutionally permitted tenure, if re-elected in 2027.

The group said it believed Alia’s administration was performing well in governance and development, adding that political alliances should not be used to undermine the democratic choices of the electorate.

It also criticised the record of Ortom’s administration and expressed concern about what it described as divisions within Benue’s political space arising from the influence of powerful political interests within and outside the state.

BAGA argued that any coalition seeking to influence the 2027 election should be based on transparent principles, competence, accountability and the interests of the people, rather than personal ambition or political bargaining in Abuja.

The group also challenged political actors seeking the support of President Bola Ahmed Tinubu to pursue their ambitions without attaching conditions that could compromise the democratic choices of the voters.

“Benue people are politically conscious. They will not surrender their future to a coalition of political interests formed without their consent,” the statement said.

The organisation called on voters, civil society groups and political stakeholders to remain vigilant and defend the state’s democratic rights ahead of the 2027 elections.

“Whatever colour it is given; Rainbow, PDP or otherwise, the people will reject any arrangement that threatens their collective interests and development,” BAGA said.

“Benue is not Rivers and we will not allow Wike from Rivers State to choose a governor for us in Benue State,” the group added.

According to BAGA, the central issue is whether political negotiations in Abuja will respect the right of Benue voters to determine their own leadership.

The group maintains that the state’s governorship should not be decided through private agreements among political power brokers, but through a democratic process in which the people have the final say.

Continue Reading

News

2027: Group Defends INEC, Urges Evidence-Based Scrutiny of Staff Redeployments

Published

on

The Coalition of Civil Society Organisations Against Corruption (COCSOAC) and 33 partner civil society organisations have expressed confidence in the Independent National Electoral Commission (INEC), urging Nigerians to treat recent reports concerning the commission with caution and rely only on verified facts.

The coalition, in a statement signed and issued in Abuja on Tuesday by its President, Bola Ademola, and National Secretary, Comrade Abdulfatah Aliyu, the group said while INEC must be held accountable where necessary, criticisms of the electoral body should be based on credible evidence, due process and an opportunity for affected parties to respond.

COCSOAC was reacting to an online publication alleging questionable staff redeployments within INEC, including the reported reassignment of a Northern director and the deployment of South-West officials to key departments.

The coalition said it had not independently verified the alleged redeployments or the motives behind them, warning that claims of political interference or ethnic favouritism should therefore not be treated as established facts.

“Assuming without conceding that the redeployments occurred as reported, staff reassignment is a recognised administrative practice that may serve legitimate purposes, including operational efficiency, professional development and improved management,” the group said.

It maintained that the geographical origin or family associations of an INEC official could not, on their own, establish bias or an intention to manipulate elections.

According to the coalition, the more important questions should be whether the decisions complied with applicable rules, received proper authorisation and were based on legitimate administrative considerations.

COCSOAC consequently urged INEC to clarify the circumstances surrounding the reported redeployments where necessary, while appealing to the media and civil society organisations to avoid drawing premature conclusions from unverified reports.

The group also congratulated INEC Secretary, Dr Rose Oriaran Anthony, on her turbaning, describing institutional experience, diligence and administrative continuity as important factors in the management of elections.

It appealed to President Bola Ahmed Tinubu to consider Oriaran Anthony for reappointment as INEC Secretary when her tenure expires, subject to applicable laws and established appointment procedures.

COCSOAC said its appeal was not a demand for an appointment outside the law but was based on the need to preserve institutional knowledge and strengthen coordination ahead of the 2027 general elections.

“Where an experienced incumbent has demonstrated the requisite commitment and competence, continuity may help preserve institutional knowledge, strengthen coordination and support preparations for peaceful, credible and well-organised elections,” the coalition said.

It, however, stressed that any decision on the matter must be guided by legality, INEC’s independence and the integrity of the electoral process.

The coalition called on political actors, civil society organisations, the media and other stakeholders to protect public confidence in Nigeria’s electoral institutions through evidence-based engagement, transparency and respect for due process.

It said its position was not that INEC should be shielded from scrutiny, but that allegations against the commission must be verified and affected institutions given a fair opportunity to respond.

“As the nation approaches another critical electoral cycle, accountability, institutional stability and the rule of law must remain central to the collective pursuit of credible elections,” COCSOAC said.

Continue Reading

Trending

Copyright © 2017 Zox News Theme. Theme by MVP Themes, powered by WordPress.