x

Kogi Assembly Summons Ex. Gov Ibrahim Idris Over  Equity Shares in Dangote Cement Coys

From Noah Ocheni, Lokoja

The Kogi State House of Assembly on Tuesday summoned  former state Governor, Alhaji Ibrahim Idris to appear before the adhoc committee to explain his role in the disappearance of kogi shares in Dangote Cement Company, Obajana and others operating in the state.

The resolution of the House to invite former governor Idris was sequel to the submission of the committee on revenue generation and other matters’ report at the  plenary.

The former Governor was summoned to explain how Kogi State’s 10% share in Obajana Cement was transferred to Dangote Industries Limited.

The Speaker, Rt. Hon. Matthew Kolawole while ruling on the matter, said, despite the joy in hosting Dangote industries, the house wants to know what the company is investing and its benefits to the state.

He stressed that since the transaction took place during the tenure of former governor Ibrahim Idris, he has a lot to explain to the House on what happened to the said state share capital.

On tax payment, the house directed the Kogi State Internal Revenue Services (KGIRS) to interface with the management of Dangote cement to ascertain the actual amount paid by the company to the state as tax.

The management of Dangote had earlier requested for more time to enable it present all the necessary documents in relation to the agreement, saying it will take someone who was there from the inception to explain what really transpired.

Dangote also claimed in the last investigative hearing that it has paid over 14 billion naira as tax, a claim which the Kogi state internal revenue services disagreed.

Recall that the counsel to Dangote group, Liman Salihu, had earlier prayed the House to allow for amicable settlement with the committee, saying this will fast track the resolution of the grey areas.

Kogi Assembly Summons Ex. Gov Ibrahim Idris Over  Equity Shares in Dangote Cement Coys

From Noah Ocheni, Lokoja

The Kogi State House of Assembly on Tuesday summoned  former state Governor, Alhaji Ibrahim Idris to appear before the adhoc committee to explain his role in the disappearance of kogi shares in Dangote Cement Company, Obajana and others operating in the state.

The resolution of the House to invite former governor Idris was sequel to the submission of the committee on revenue generation and other matters’ report at the  plenary.

The former Governor was summoned to explain how Kogi State’s 10% share in Obajana Cement was transferred to Dangote Industries Limited.

The Speaker, Rt. Hon. Matthew Kolawole while ruling on the matter, said, despite the joy in hosting Dangote industries, the house wants to know what the company is investing and its benefits to the state.

He stressed that since the transaction took place during the tenure of former governor Ibrahim Idris, he has a lot to explain to the House on what happened to the said state share capital.

On tax payment, the house directed the Kogi State Internal Revenue Services (KGIRS) to interface with the management of Dangote cement to ascertain the actual amount paid by the company to the state as tax.

The management of Dangote had earlier requested for more time to enable it present all the necessary documents in relation to the agreement, saying it will take someone who was there from the inception to explain what really transpired.

Dangote also claimed in the last investigative hearing that it has paid over 14 billion naira as tax, a claim which the Kogi state internal revenue services disagreed.

Recall that the counsel to Dangote group, Liman Salihu, had earlier prayed the House to allow for amicable settlement with the committee, saying this will fast track the resolution of the grey areas.

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalistAs...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

Zazzaga Congratulates Tsenyil on NCDC Appointmen

By Israel Adamu, Jos The North-Central All Progressives Congress, APC,...

Dr Olawepo-Hashim Visits Gov. Mutfwang Ahead of Worship Convention

By Isreal Adamu, Jos Frontline politician, businessman, and former presidential...

Oil Cabal Behind Smear Campaign Against Mele Kyari- Coalition Alleges

… Say Its A Plot to Undermine Tinubu’s Administration...

Delta Speaker assures of high premium on Assembly staff

By Anne AzukaSpeaker, Delta State House of Assembly, Rt...

Reps Decry Lack of CNG Conversion Centres in North-East, North-West

Lawmakers from northern Nigeria on Thursday criticized the Federal...

Reps Urge Federal Government to Upgrade and Build More NYSC Camps

The House of Representatives has called on the Federal...

Delta Speaker assures of high premium on Assembly staff 

By Anne AzukaSpeaker, Delta State House of Assembly, Rt...

Bill Gates to Donate 99% of Wealth, Gates Foundation to Close by 2045

Billionaire philanthropist Bill Gates has announced plans to give...
spot_img

Related Articles

Popular Categories

spot_imgspot_img