Dangote Cement to Gov Bello: We Own Obajana Cement 100%

The Management of Dangote Cement Plc. yesterday firmly declared that the Obajana Cement...

The Management of Dangote Cement Plc. yesterday firmly declared that the Obajana Cement plant in Kogi State is owned 100 per cent by it and that the invasion of the plant last Wednesday by armed vigilantes “on the orders of the state government” was illegal.

Dangote Cement Plc, in the statement signed by its Group Managing Director (GMD) Michel Puchercos and titled, “Illegal Shutdown of Dangote Cement, Obajana Plant”, declared the firm’s full ownership of the Obajana plant, while berating the attack on the plant.

Puchercos said: “The Management of Dangote Cement Plc. wishes to inform members of the public, especially its customers and other stakeholders of the recent invasion of its Obajana Cement Plant, Kogi State by armed vigilantes on the orders of the state government.

“The vigilantes, led by some officials of the State government were apparently acting on a resolution of the Kogi State House of Assembly on controversial tax claims; claims that the state governor had also contradicted when he said the shutdown was due to an alleged invalid acquisition of the company by Dangote Industries Limited.”

He said in the process of forcefully evicting the company’s workers, to enforce the illegal shutdown, the vigilantes shot at 27 of the workers and also destroyed some of the company’s property at the plant.

Puchercos declared: “We have taken steps to get the hoodlums apprehended by the law enforcement agencies, and we will ensure that full legal action is taken against them.

“We therefore appeal to all our staff and our esteemed customers to remain calm while we explore all possible legal steps to address the situation. The welfare of our staff remains our key focus as we work hard to minimize further impact on our people and operations.

“While we reiterate that Obajana Cement plant is 100% owned by Dangote Cement PLC, we remain resolute in transforming Africa, while creating sustainable value for our people, communities, investors and customers.”

TLD Newsletter

Get the latest legal news, key cases, top lawyers, and expert analysis for your legal journey.

RELATED ARTICLES

Dangote Cement Begins Ivory Coast Operations

Dangote Cement has officially launched its operations in Attingué, some 30 kilometres from Abidjan, Ivory

SEC Rejects Tourist Company’s AGM Over Internal Crisis

The Securities and Exchange Commission (SEC) said it does not recognise the Annual General Meeting

Tinubu A Listening President, Policies Reviving Private Sector — Dangote

The Founder of the Dangote Group, Aliko Dangote, has hailed President Bola Tinubu as a

CAC Issues Six-Week Ultimatum For Registration Of Unregistered Businesses

The Corporate Affairs Commission (CAC) has issued a six-week notice to unregistered businesses to register

Dangote Cement Posts N311.974b Pre-Tax Profit Q1 2025

Dangote Cement Plc has released its unaudited financial results, reporting a pre-tax profit of N311.974

PwC Withdraws From Nine Sub-Saharan African Countries

PricewaterhouseCoopers said it has shut down its offices in nine Sub-Saharan African countries. It listed

TLD Newsletter

Get the latest legal news, key cases, top lawyers, and expert analysis for your legal journey.

This Pop-up Is Included in the Theme
Best Choice for Creatives

Purchase Now

TLD Newsletter

Get the latest legal news, key cases, top lawyers, and expert analysis for your legal journey.