ASA Reporters

google.comgoogle.com, pub-9820276073479546, DIRECT, f08c47fec0942fa0 Dangote, Their Dangote! Truth be told.  Kogi State Government cannot reclaim the Obajana Cement factory from the Dangote Group. They have a valid legal document backing their acquisition. At least the 90%. And have actually invested billions into it. It is not justice to just wake up one day and claim it is yours when the agreement is in black and white.  The best bet is for the State government to seek to know what happened to their 10% and reclaim it back and then go for the income meant for it from the 10%. That is going to run into hundreds of billions. High stake moves...higher stake politics. Anything is possible. Even GYB got his price...his personal price.  That is a story for another day. Today? I am concerned about Dangote. Our Dangote. Their Dangote. The Evils that Men do leaves with them Dangote exploiting Nigerian The Obajana Cement Company is one of Dangote's golden goose. It is...

google.comgoogle.com, pub-9820276073479546, DIRECT, f08c47fec0942fa0 UNDOCUMENTED ILLEGAL TAKEOVER, FORGERY OF DOCUMENTS RO EVADE 500MILLION DOLLAR TAX FORCE KOGI GOVT TO CLOSE DANGOTE'S BIGGEST CEMENT FACTORY When the Olusegun Obasanjo government sold Obajana Cement to Aliko Dangote in 2003, the Kogi State government retained 10% of the equity in the company. The factory was to later become the largest cement asset in Dangote Cement, Nigeria’s largest listed manufacturing company. Now the Kogi state Government is levelling serious allegations of impropriety against the company even going further to shut down the company’s locations in Kogi State. The Bull is fighting back. The Kogi State House of Assembly claims that based on a recent investigation, no valid acquisition took place for the Obajana Cement Company. They premised this allegation on the fact that the state was not paid for its holdings in the company neither has it received any dividends for its 10% equity ...