Financial literacy

Dangote Launches Circular Economy Program and Trains Merchants in Financial Literacy –

Dangote Cement has launched a circular economy program, titled: “DangCircular”.

The company said on Monday that the initiative aims to promote the recycling and reuse of scarce resources in society,

In a statement, he also said it was about reducing landfill and creating wealth as a contribution to environmental sustainability.

DangCircular was rolled out during this year’s Dangote Sustainability Week, targeting students at Nigerian tertiary institutions.

The company has partnered with Yaba College of Technology in Lagos and UNESCO-UNEVOC (UNESCO International Center for Technical and Vocational Education and Training) in a competition titled: “Yaba GreenChallenge”.

Dangote employee volunteers and executives graced the competition finals to witness the presentation of 10 sustainability innovations that students created from waste after a selection of more than 30 entries.

Among the judging panel were academic staff from Yabatech, officials and UNESCO UNEVOC, as well as Dangote Cement Technical Director Duraisamy Anandam and Regional Sales General Manager Johnson Olaniyi.

The judges engaged finalists on their projects, which include painting on mixed media from sawdust; fungal growth medium from industrial wheat waste; and the medicinal mushrooms of sawdust and water hyacinth.

Others were Mycelium Blocks from Spent Mushroom Substrate, Wearable Art from Aluminum Beverage that can fire Tab Waste, and Sculpture from Metal Waste.

The students also completed an interlocking paving project with plastics, hollow sand concrete blocks from plastics and mixed paint from waste plastics and paper, and animal feed produced from hyacinth. of water.

The event began with a visit to the Yabatech art museum, a courtesy visit to the Rector of the College and a donation of waste sorting bins made to the school management.

In the final of the Yaba Green Challenge competition, which had more than 300 staff and students, the Rector of the College, Engr. Obafemi Omokungbe, endorsed the initiative, describing the partnership between Yabatech and Dangote as very strategic and exciting.

Omokungbe said, “Discussions are underway to secure patent rights for the innovations showcased at the event to share with the private sector for adoption.

Heading the Dangote delegation, the Director General of Sustainable Development, Dr. Igazeuma Okoroba, expressed his satisfaction with the exhibition.

In his remarks, Okoroba said, “DangCircular’s goal was to drive Nigeria’s transition to a circular economy and support wealth creation from waste.

She also encouraged the institution to conduct cutting-edge research for the economic growth of society.

The grand prize winner of the competition was Comfort Ajide from the fashion design department.

In a very moving reaction, Ajide, whose project was Wearable art from an aluminum drink can pull-tab waste, expressed his gratitude to Dangote Cement and pledged to continue finding ways to integrate waste recycling into his creations.

In the same vein, the company has set up: “The Obalende Smart Money Campaign”, a financial literacy awareness campaign to help more than 300 traders in the Obada Obalende market to better understand the sustainable management of money. money and limited resources.

The initiative was part of activities to mark Sustainability Week in Nigeria and Pan-African Africa.

Speaking on the financial literacy campaign, health and safety manager James Adenuga said the annual program theme, “People, Planet and Profit – The Dangote Way”, is led by employee volunteers. .

In his remarks, Adenuga explained to traders what sustainability means and why it was a concern for traders.

Citing examples with relatable stories, Okoroba explained, “While seeking their daily bread, it was important for traders to ensure that the needs of present and future generations were not threatened by poor treatment of the land, water and natural resources at our disposal. .”

Diversity and inclusion were other aspects that Dangote Cement sought to impact on society during sustainability week as Dangote volunteers engaged in charity work targeting the Down Syndrome community and the visually impaired.

The campaign for the visually impaired aimed to commemorate White Cane Safety Day, an annual event celebrated around the world every October 15.

Dangote volunteers visited the Women and Children with Disability Initiative home for visually impaired children, interacting with the children.

The company donated food, drink and specialized educational materials for the blind, including white canes, slates and marbouqs.

Following this, the team of volunteers conducted an awareness walk in the neighboring community to enlighten residents on the white cane as a right of way for the visually impaired that should be respected.

During another outreach at the Down Syndrome Foundation Nigeria located in Iju, Fagba, Lagos, the volunteers visited the vocational training centers where people with Down Syndrome were trained in life skills.

Down Syndrome Association National President Rose Mordi noted that Down Syndrome is not a disease but a condition that can happen to anyone.

Mordi also gave an overview of the Down Syndrome Awareness Month theme: “Nothing About Us Without Us”, acknowledging Dangote’s support and calling on other private sectors to follow in the same vein.