Close Menu
National Update
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    National UpdateNational Update
    • News
    • Politics
    • Opinion
    • Economy
    • Entertainment
    • Health
    • Security
    National Update
    Home»Legislature

    Kogi Assembly wields the big stick, shuts Dangote Cement over ownership status

    National UpdateBy National UpdateOctober 4, 2022 Legislature No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    In its bid to ascertain the true ownership of Dangote Cement Company situated at Obajana in Kogi State, the State House of Assembly has resolved to close it down pending the when relevant documents that transferred sole ownership to Aligo Dangote are presented to it.

    The State House of Assembly also wants to know the considerations given to the state during the signing of an agreement between the company and the state.
    These considerations included the ten percent shares of Kogi State in the company, the social responsibilities of the company to the state and other benefits.
    This was part of the resolutions of the House after the consideration of the ad-hoc committee’s interim report by Hon Isah Tenimu.
    The House also directed the Commissioner of Police and the State Commandant of Civil Defence Corps as well as Head of Vigilante Group in the state to ensure that the resolution was enforced
    The External Solicitor of Dangote Cement Company, Mr Leeman Salihu had submitted some documents which are Certificate of Incorporation and that of an agreement signed in 2002 and 2003 but craved the indulgence of the House to allow further talk on the issue to be out of public glare.
    He pleaded that the House should allow the company engage in further conversation with it and the state economic team which was declined.
    The House insisted that Kogi State Cement company could not have been transferred to Obajana Cement Company and then Dangote Cement Company 100 percent without any considerations.

    National Update

    Keep Reading

    300 CSOs Urge Senate to Reject Fasina’s Ambassadorial Nomination

    Echocho Unveils Seven-Year Stewardship Report, Lists Projects Across Kogi East

    Senate Extends 2025 Budget Yet Again as ‘Carryover’ Culture Persists

    Reps Query EFCC Over Incomplete Records on Crude Oil Seizures, Demand Full Disclosure

    Banditry: Niger Rep Seeks Urgent FG Intervention to Save Lives in Borgu, Agwara

    Reps Sound Alarm Over N1.65tn in Dormant PIA Funds Denying Niger Delta Cleanup

    Add A Comment

    Comments are closed.

    National Update
    Facebook X (Twitter) Instagram
    © 2026 National Update. Designed by Lamark Cre8ives.

    Type above and press Enter to search. Press Esc to cancel.