Kogi Assembly Demands State’s Shares Of Obajana Cement Company

The Kogi State House of Assembly has demanded for the ten per cent share belonging to the State Government from Dangote Cement company, giving  the company one week ultimatum to respond with necessary documents.

The House of Assembly stressed that all available documents show that the company started as Obajana Cement Company and questioned how it became Dangote Cement company without any considerations.

Kogi State House of Assembly ordered the management of Dangote cement company to provide all necessary documents that have to do with the transfer of Obajana Cement Company owned by Kogi State Government to Dangote Cement Company.

The House also directed that the documents signed at the establishment of the Company and relevant receipts of dues it claimed to have paid to Kogi State Government available at the next adjourned sitting date.

The Speaker of Kogi State House of Assembly, Hon. Matthew Kolawole, gave the order after an interim report of the ongoing investigative hearing on Internally Generated Revenue which was submitted by the adhoc committee led by Hon. Isah Tenimu and deliberated upon during yesterday plenary session on the floor of the House.

He said this has become imperative in view of the claims and counter claims between the Chairman of Kogi State Internally Generated Revenue Service (KGIRS) and Representatives of Dangote cement company.

The adhoc committee that is investigating the operation of mining companies in the state said at inception that the company was owned by Kogi State and wanted to know how it suddenly transisted from Obajana Cement Company to Dangote Cement Company.

The Speaker also directed that the Financial Director of Dangote Cement Company should meet with KGIGRS and the Commissioner of Commerce and Industry to reconcile financial differences.