Ownership tussle: Kogi orders Obajana plant to remain shut, demands proof of acquisition | TheCable

followed due process contrary to claims by the state government.Nonetheless, the state government on Wednesday, in a statement signed by Kingsley Fanwo, commissioner for information and communications, insisted that the company must present requisite proof of acquisition to the Kogi state panel on the acquisition.

It added that the Yahaya Bello, governor of Kogi, thanked the citizens for their resoluteness in the ownership tussle between the Dangote Group and the state government.“While the state government recognises the right of the citizens to peaceful protest as we witnessed across the state yesterday; we urge the people to remain civil, law abiding and give room for constitutionalism,” the statement reads.

“To this end, the governor has directed that trucks loading cement that are impounded across the state be released with immediate effect to either return to the plant or go to their destinations peacefully.“As a state, we must retain the peaceful and business friendly environment that have attracted scores of investment giants to the state in the last seven years.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Obajana: We must separate acquisition from asset grabbing, Kogi replies DangoteThe state government maintained that Obajana Cement Company was solely founded in 1992 and owned by the state, which held 100 percent of its shareholding in trust for its people... What does dangote want again, do you want to buy us all. Your monopolistic crime in the cement industry is not enough, abi Dirty business men everywhere Your plan to render us homeless will not be condole Is there any riches that is pure in Nigeria other than stealing from the people?
Source: Daily Trust - 🏆 13. / 51 Read more »

Obajana: 'We must separate acquisition from Asset-Grabbing', Kogi replies Dangote'Which money or consideration did Dangote provide in 2002 for the alleged acquisition of the 90 per cent equity in Obajana Cement Plc... Dangote is a monopolist
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Dangote Industries: Obajana Cement acquisition properly doneThe management of Dangote Industries Limited says its acquisition of the Obajana Cement Plant (OCP) followed due process contrary to claims by the Kogi state government (KSG)
Source: NigeriaNewsdesk - 🏆 10. / 63 Read more »