Nigerian Government Reopens Dangote Cement To Continue Talks
Oct 17, 2022 ·
1m 1s
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Description
The Dangote Cement Plant located in Obajana, Kogi State, has been reopened after being closed by the Kogi State Government over issues bordering on the legality of the company’s acquisition...
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The Dangote Cement Plant located in Obajana, Kogi State, has been reopened after being closed by the Kogi State Government over issues bordering on the legality of the company’s acquisition of the defunct Obajana Cement Company.
The Minister of Interior, Rauf Aregbesola, says that an agreement had been reached between the Dangote Group and the Kogi State Government on the need to reopen the factory while urging both parties to respect the agreement.
The reopening of the plant came after a 10-day disagreement by both parties over the legality of the acquisition of the cement plant.
The Commissioner of Information, Kingsley Fanwo, the Kogi State Government had maintained that the acquisition of the cement plant by Africa’s richest man did not follow due process.
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The Minister of Interior, Rauf Aregbesola, says that an agreement had been reached between the Dangote Group and the Kogi State Government on the need to reopen the factory while urging both parties to respect the agreement.
The reopening of the plant came after a 10-day disagreement by both parties over the legality of the acquisition of the cement plant.
The Commissioner of Information, Kingsley Fanwo, the Kogi State Government had maintained that the acquisition of the cement plant by Africa’s richest man did not follow due process.
Information
Author | Africa Business Radio |
Organization | Africa Business Radio |
Website | - |
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