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FG Orders Immediate Reopening Of Obajana Cement Plant

Vital News by Vital News
October 14, 2022
in Business
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Abuja – The Federal Government has ordered immediate reopening of the Obajana Cement Plant in Kogi State.

The government also advised that all issues in dispute must be resolved legally.

The decision is the outcome of a national security council meeting held in Abuja on Friday.

This comes a few days after the presidency intervened to restore order over the struggle for the ownership of the cement factory in Obajana between the state government and Africa’s richest man, Aliko Dangote.

The standoff has resulted in the closure of the factory by vigilantes acting on the orders of the Kogi State government, over an alleged breach of tax which has snowballed into ownership dispute

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The meeting held at the instance of the Federal Government was attended by the President of the Dangote Group, Dangote, Governors Yahaya Bello (Kogi) and Abdullahi Sule (Nasarawa).

The Kogi state government shut down the Obajana factory over allegations of tax evasion and unresolved ownership.

The management of Dangote Group, however, said it had concluded plans to approach the court to seek legal redress on the matter.

The Group Managing Director, Dangote Cement Plc., Michel Puchercos in a statement had said: “We reiterate that the Obajana Cement plant is 100% owned by Dangote Cement PLC. In forcefully evicting the workers to enforce the shutdown, the vigilantes shot 27 of our workers and destroyed some of the company’s property at the plant.”

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