Home Business Kogi, Dangote’s row over Obajana cement plant deepens

Kogi, Dangote’s row over Obajana cement plant deepens

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The fight between the Kogi State Government and the management of the Dangote Group over the ownership of the Obajana Cement Plant took a new dimension on Saturday.

This was as both parties insisted that the plant belonged to them.

Controversy had broken out on Wednesday when some officials of the Kogi State Government allegedly moved to seal the cement plant, claiming that it belonged to the state.

Governor Yahaya Bello had on Thursday said the state government would be ready to negotiate with the company once the firm was ready to admit that the plant belonged to the state. However, the company still insisted that the cement plant was 100 per cent theirs.

Dangote Group, in a statement, had said, “While we reiterate that Obajana Cement plant is 100 per cent owned by Dangote Cement Plc, we remain resolute in transforming Africa, while creating sustainable value for our people, communities, investors, and customers.”

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