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Kogi State Govt Locked Dangote Factory

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NAIJA NEWS: Kogi State Govt Locked Dangote Factory [New Naija News] » Naijacrawl
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The Kogi State government has sealed the factory of Dangote cement in Obajana which is located in the state The company was sealed over tax evasion and acquisition controversy.



The action was reportedly backed by the Kogi State House of Assembly.

Kingsley Fanwo, the Kogi State Commissioner for Information, was quoted as saying: “Pursuant to the Constitutional authorities of the Kogi State House of Assembly, and upon petition by the people of Kogi State, an investigation was carried out on the acquisition of Obajana Cement Company by Dangote Company.

“It was found that no valid acquisition took place, as Dangote could not show evidence of what was paid as consideration for the acquisition.

“The legislators invited the Chairman of the Company, Aliko Dangote, before the house for explanations but he failed to appear before the state assembly, giving excuses.


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Piroll
 

Piroll is a creative writer, social-political commentator, socio-researcher, and sports analyst. He holds certificates in media management and data journalism from the Thomas Foundation Institute of Journalism. He works as a... Read More

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