• About
  • Advertise
  • Contact
Thursday, November 13, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Business

MAN Condemns Invasion Of Dangote Cement Plant By Kogi State Govt.

…says move will discourage new investments, potential investors

Vital News by Vital News
October 6, 2022
in Business
0
Share on FacebookShare on Twitter

Lagos – The Manufacturers Association of Nigeria (MAN) has strongly condemned the invasion of Dangote Cement Plant on Wednesday by the state’s security outfit, the Vigilantes, on the order of the State Governor Yahaya Bello, noting that such action will discourage new investments in the State.

The President of MAN, Engr. Mansur Ahmed, at a press conference to herald its 50th Annual General Meeting (AGM) scheduled to hold on 17-19, October, 2022, said the action by Kogi State is of great concern.

He added that it is unimaginable that a state government would take such drastic action to shut down a plant that provides job opportunities and economic activities on a huge scale for the people of Kogi State.

“The action appears to be taken by government and it is alleged to be an effort for some alleged claim on some alleged payment of taxes that have not been made or recovered from the company,” Ahmed said.

He added that the move is totally illegitimate, pointing out that if the State government has any issue against any member of its association or corporate citizen, the appropriate thing to do is to take the member to court.

RelatedStories

Dangote Unveils New Sugar Pack Sizes At Lagos Trade Fair, Recommits To Nigeria’s Full Industrialization

ECCIMA Applauds FG’s “Nigeria First” Policy, Says 15% Import Tax On PMS And Diesel Will Boost Jobs, Economic Growth

Dangote Fertiliser Limited Partners German’s thyssenkrupp Uhde To License Four Urea Granulation Units In Nigeria

Dangote Poises To Showcase Products, Innovations At Lagos International Trade Fair

“You cannot use strong-arm tactics to shut them down or impose very severe restrictions on their operations simply to force them.

“This is illegal and I believe that what has happened will not happen in a normal operating environment,” the MAN boss said.

He said the association has taken up the matter with the Federal Ministry of Industry, Trade and Investment in its bid to help address the anomaly in Kogi State.

“We have no reason not to pay taxes to the Kogi State government as and when due and I am aware that Dangote Industries is one of the highest tax-payers in Nigeria.

“But, if indeed for whatever reason that there is a tax for the Kogi State government on Dangote, it has measures and ways of recovery and there is no justification to threaten the closure of that industry.

“We are totally opposed to that kind of measure because there are ways to resolve this amicably in a legal manner and we hope that the relevant authorities in both the federal and state levels would intervene to ensure that this kind of action is not repeated,” he said.

He , however, stated that the theme of the 50th AGM tagged “An Agenda for Nigeria’s Industrialisation for the Next Decade” is borne out of the need to take stock of the naton’s journey to industrialisation, to ascertain the pains and to highlight the performance limiters; recognise the gains and growth milestones; and to identify the learning curves and hurdles ahead.

The President added that over the years, the performance of the manufacturing sector has been constrained by numerous familiar challenges that are clearly espoused in its numerous presentations and submissions to the government. 

Ahmed said it is a matter of great concern to its members that even as the economy continues to experience very slow growth, policymakers at all levels continue to compound the situation by introducing new taxes; further worsening the difficult and high-cost operating environment. 

“In some climes, when the economy slows down, government reduces taxes to encourage businesses to expand, create more jobs and increase economic activities. What we are seeing in Nigeria today is not only increasing tax rate but introducing new taxes and turning every public agency into a revenue collector. In the midst of the challenges, we are resilient and would soldier on with advocacy for a conducive atmosphere for the operation of manufacturing business in Nigeria. We will continue to work towards ensuring that Nigeria becomes an environment that promotes competitiveness,” Ahmed averred.

Also speaking, the Director General, MAN, Segun Ajayi Kadir, said the 50th AGM is special because manufacturers have survived the turbulence both domestically and internationally, stressing that the last few years for manufacturing has experienced external factors largely out of its control impacting negatively on the economy.

Reacting to the federal government’s plan to impose excise duty on non-alcoholic drinks, Kadir said this is the wrong time to have it done.

“What is most painful is that the increase in excise on new products only started this year, so it will amount of changing the goal post in the middle of the game.

“We have a three-year plan on the escalation of excise duty; all that was thrown into the dustbin and a new and higher one was introduced and targeted at killing the industry. This should be rescinded immediately and that is the only way this sector can survive,” he said.

Tags: cementinvasionKogiplant
Previous Post

Picture Of 23 Victims Of Abuja-Kaduna Kidnapped Passengers Just Released By Terrorists

Next Post

Obajana Cement Plant Doesn’t Belong To Dangote – Gov. Yahaya Bello

Vital News

Vital News

RelatedStories

Dangote Unveils New Sugar Pack Sizes At Lagos Trade Fair, Recommits To Nigeria’s Full Industrialization
Business

Dangote Unveils New Sugar Pack Sizes At Lagos Trade Fair, Recommits To Nigeria’s Full Industrialization

November 12, 2025
ECCIMA Applauds FG’s “Nigeria First” Policy, Says 15% Import Tax On PMS And Diesel Will Boost Jobs, Economic Growth
Business

ECCIMA Applauds FG’s “Nigeria First” Policy, Says 15% Import Tax On PMS And Diesel Will Boost Jobs, Economic Growth

November 11, 2025
Dangote Fertiliser Limited Partners German’s thyssenkrupp Uhde To License Four Urea Granulation Units In Nigeria
Agriculture/ Water/ Mineral

Dangote Fertiliser Limited Partners German’s thyssenkrupp Uhde To License Four Urea Granulation Units In Nigeria

November 11, 2025
Truck Involved In Fatal Accident In Akungba, Belongs DeGreat Rismub Company – Police
Business

Dangote Poises To Showcase Products, Innovations At Lagos International Trade Fair

November 7, 2025
Driving Africa’s Low-Carbon Future : Dangote Cement Commits To 100% CNG Fleet
Business

Driving Africa’s Low-Carbon Future : Dangote Cement Commits To 100% CNG Fleet

November 5, 2025
Next Post

Obajana Cement Plant Doesn't Belong To Dangote - Gov. Yahaya Bello

Atiku Appoints Kola Ologbondiyan Campaign Spokesperson

Appeal Court Rules On ASUU Strike Friday

Leave a Reply Cancel reply

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

Follow Us

Recommended

“THE ERA OF RENEWED HOPE“ – Tinubu’s Acceptance Speech

Tinubu Opts For Prayers, Thanksgiving To Mark 71st Birthday

3 years ago
MACBAN Condemns Silence Of FG, Military Over Killing Of 40 Pastoralists In Nasarawa

MACBAN Condemns Silence Of FG, Military Over Killing Of 40 Pastoralists In Nasarawa

3 years ago
We Have Not Fixed Petrol Price — Dangote

Dangote Set To Supply 25million Litres Of Petrol In September, Commences Public Sale In 48hours 

1 year ago
Renowned Sports Administrator, Awoture Eleyae Dies At 96

NOC Mourns Awoture Eleyae , Ex- SCSA Secretary-General

2 years ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election FG gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security students Tinubu US
No Result
View All Result

Highlights

Our National Convention Will Go On As Scheduled On Saturday — PDP

IMPI Reviews Tinubu’s Record Military Assets Acquisition In 18 Months From US

ECCIMA Applauds FG’s “Nigeria First” Policy, Says 15% Import Tax On PMS And Diesel Will Boost Jobs, Economic Growth

Bandits Kidnap Six Directors Of Ministry Of Defence In Kogi

Dangote Fertiliser Limited Partners German’s thyssenkrupp Uhde To License Four Urea Granulation Units In Nigeria

Hausa Community In Warri LGs Confers Madugu Title On Hon. Thomas Ereyitomi

Trending

Ogun Targets N500bln IGR To Finance 2026 Budget
Economy

Ogun Targets N500bln IGR To Finance 2026 Budget

by Vital News
November 12, 2025
0

The Ogun State Government has set an ambitious target of generating ₦500 billion in Internally Generated Revenue...

Dangote Unveils New Sugar Pack Sizes At Lagos Trade Fair, Recommits To Nigeria’s Full Industrialization

Dangote Unveils New Sugar Pack Sizes At Lagos Trade Fair, Recommits To Nigeria’s Full Industrialization

November 12, 2025
Three PDP, ADC House Of Assembly Members Defect To APC In Kogi

Three PDP, ADC House Of Assembly Members Defect To APC In Kogi

November 12, 2025
PDP NEC Appoints Damagum As Substantive National Chairman, Zones Presidential Ticket To South

Our National Convention Will Go On As Scheduled On Saturday — PDP

November 12, 2025
‎IMPI Welcomes First Interest Rate Cut In Five Years, Says CBN Decision Aligns With Its Projection

IMPI Reviews Tinubu’s Record Military Assets Acquisition In 18 Months From US

November 11, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • Ogun Targets N500bln IGR To Finance 2026 Budget November 12, 2025
  • Dangote Unveils New Sugar Pack Sizes At Lagos Trade Fair, Recommits To Nigeria’s Full Industrialization November 12, 2025
  • Three PDP, ADC House Of Assembly Members Defect To APC In Kogi November 12, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In