Dangote Cement Company Shuns Kogi Assembly

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From Noah Ocheni, Lokoja

Dangote Cement company over the weekend shun Kogi state House of Assembly when summoned to appear before her over how, hitherto Obajana Cement was acquired by  the company.

The Management of Dangote Cement Limited refused to appear before House  over the weekend in Lokoja, without responsible excuse  for their inability to honour  the invitation.

This was disclosed over the weekend by the Speaker Kogi state House of Assembly,  Rt. Hon. Matthew Kolawole at the Hallowed Chamber of the House for the  botched public hearing with the management of Dangote Cement Limited .

The Speaker noted that the invitation to Dangote Cement Company and other companies operating in  the state became necessary to demand  the state’s  fair share  from the companies.

He added that despite the huge amount of resources being taken away from the soil of the state, lamented at that what was being paid to the government coffer as revenue is nothing to write home about.

According to him , the invitation is simply a demand for the rights of the state to a fair share of resources taken out of her soil, stressing  that the summons should not be misconstrued to witch hunting.

He decried the manner in which Obajana Cement which was wholly owned by the state was taken over by Dangote Cement Limited, adding that, the public hearing is  meant to unearth the secret behind the acquisition.

According to him” We are currently investigating sources of our Internally Generated Revenues IGR and we believe it is expedient for the House to interface with some companies operating in the state.

” For example, Dangote Cement Limited started as Obajana Cement company. Kogi state House of Assembly is interested and curious to know what happened at a point that the company transformed to Dangote Cement Limited.”

” We want to know what is the benefits of the state in the company. What is the equity share of the state in the company.

” We are beaming our searchlights on all companies in the state as we are not particular about Dangote. We have Mangal Limited, we  have some that are into mining coal , Limestones, Gold, even as  different kinds of solid minerals are being mined out of kogi on daily basis.”

” For instance, over 100 trailers load coals out of Kogi East on daily affairs. We want to know on whose instruction are they paying their dues. We are interested in doing business with companies that will give us our fair share of the quantum of resources taken out of our soil.”

” We are confident that when the report would be written a lot of discovery will be made. We invited Dangote and they are not here. I have directed the committee to invite Dangote for Thursday and ensure that they acknowledge  receipt of the correspondence” He disclosed.”

Meanwhile, the House had already invited Dangote for  Saturday for special session, which saw the presence of the Secretary to the State Government, Mrs  Folashade Ayoade Arike , Heads of Government Agencies but the Dangote group failed to turn up.

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