• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Business & Finance Business Acquisitions

‘Sealed’ More headaches for cement giant as govt demands for slice

Freelanews by Freelanews
September 30, 2022
in Acquisitions
0 0
0
aliko dangote and yahaya bello

aliko dangote and yahaya bello

The running battle between Kogi State House of Assembly and Dangote Cement company seems to be getting hotter as the house on behalf of Kogi State Government has asked for the 10 per cent shares that belongs to the state government from the representatives of Dangote Cement company, stressing that all available documents shows that the company started as Obajana Cement Company and at what point did it turn to Dangote Cement company without any considerations.

However, Dangote Cement is facing allegations of sharp practice from Kogi State government, Kogi Assembly as well as Akwa Ibom State.Already, the Kogi State House of Assembly has ordered stoppage to the activities of the company in two Local Governments in the State while investigations continue.

To make the claim possible, 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, Matthew Kolawole, gave the order after interim reports of the ongoing investigative hearing on Internally Generated Revenue (IGR) which was submitted by the ad hoc committee led by Hon. Isah Tenimu Umar, Member Representing Lokoja I Constituency and deliberated upon at the plenary on Wednesday.

perfect aesthetic dental clinic perfect aesthetic dental clinic perfect aesthetic dental clinic

Kolawole said this has become important in view of the claims and counterclaims between the Chairman of Kogi State Internally Generated Revenue Service (KGIRS) and representatives of Dangote Cement as the acting chairman of KGIRS, Salisu Enehe had earlier accused Dangote Cement Plc Obajana of forging its tax receipt during the investigative hearing by the State House of Assembly.

According to the State Revenue Boss, most of the figures the company claimed to have paid are totally incorrect, urging the company to check its record.

He added that despite the billions of Naira that company is making from the state monthly, it has failed to pay taxes that are due to the state and Lokoja Local Government Area.

In another development, Following the unrestrained environmental degradation in Ankpa and Olamaboro local government areas, Kogi state House of Assembly on Wednesday, directed the Commissioner of Police and Commandant of the Nigeria Security and Civil Defence (NSCDC) to seal off operations of Dangote Plc in the affected areas of the State.

The House gave the order during a public hearing on activities of Dangote Group in the state, especially on the the massive exploitation , environmental degradation and non compensation to the affected owners of the land and without revenue accruing to the state government.

The Speaker, Kogi state House of Assembly, Mathew Kolawole, charged the NSCDC commandant to ensure immediate implementation pending when the ad hoc committee on revenue clarifies some grey areas. Kolawole, who lamented the environmental degradation caused by mining activities on Kogi by the Dangote group and its subsidiaries, accused the multi national business concern of making billions in the state but yet fails to give back to it.

Akwa Ibom is also finding it difficult to collect its entitlement from the Dangote Group. According to reports from the place, the Itu Local Government blocked Dangote premises with their trucks because the company has refused to pay tax for more than two years despite pleas and series of warnings.

freelanews
Freelanews

Freelanews is a potpourri of news, entertainment, business, events and photos. This is no fake news.

Related Posts

Multichoice Group merger
Acquisitions

Multichoice Group merger shakes media world as Canal+ takes control

by Peculiar Adirika
September 22, 2025
Mouka
Acquisitions

‘Indisputable Pan-African champion’ Moroccan firm acquires Mouka Foam in $60m deal

by Freelanews
December 6, 2021
Powerline
Acquisitions

‘Ill-conceived!’ Discos vow to battle FG over takeover, restructuring

by Freelanews
July 7, 2022
Southern-Sun-Ikoyi-Hotels
Acquisitions

‘Up to 76%!’ Southern Sun Ikoyi Hotels goes for $30.4 million

by Freelanews
June 7, 2022
quotes
Acquisitions

‘Expansion beyond borders’ E-Settlement acquires Côte d’Ivoire’s QuickCash, broadens financial inclusion in Africa

by Freelanews
November 1, 2021

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Recent News

IMG 20260417 WA0591

Adron Homes champions cultural heritage at Ibadan Cultural Festival 2026

April 17, 2026
WhatsApp Image 2026 04 17 at 6.59.31 PM

Speaker Obasa cites sports as a potent tool for instilling discipline, resilience in youth

April 17, 2026
Professor Y.K. Ajao performing Juju music live

Legendary Juju musician Professor Y.K. Ajao passes away

April 17, 2026
Nigerian Breweries

Nigerian Breweries highlights resilience, strong recovery as it approaches 80 years

April 17, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
IMG 20260417 WA0591

Adron Homes champions cultural heritage at Ibadan Cultural Festival 2026

April 17, 2026
WhatsApp Image 2026 04 17 at 6.59.31 PM

Speaker Obasa cites sports as a potent tool for instilling discipline, resilience in youth

April 17, 2026
Professor Y.K. Ajao performing Juju music live

Legendary Juju musician Professor Y.K. Ajao passes away

April 17, 2026
Nigerian Breweries

Nigerian Breweries highlights resilience, strong recovery as it approaches 80 years

April 17, 2026
April 2026
SMTWTFS
 1234
567891011
12131415161718
19202122232425
2627282930 
« Mar    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • Professor Y.K. Ajao performing Juju music live

    Legendary Juju musician Professor Y.K. Ajao passes away

    0 shares
    Share 0 Tweet 0
  • UK court jails Nigerian couple in shocking £433k tax fraud

    0 shares
    Share 0 Tweet 0
  • Nigerian Breweries highlights resilience, strong recovery as it approaches 80 years

    0 shares
    Share 0 Tweet 0
  • BBNaija Liquorose breaks internet with stunning photos ahead of ex’s wedding

    0 shares
    Share 0 Tweet 0

Just Published!

IMG 20260417 WA0591

Adron Homes champions cultural heritage at Ibadan Cultural Festival 2026

April 17, 2026
WhatsApp Image 2026 04 17 at 6.59.31 PM

Speaker Obasa cites sports as a potent tool for instilling discipline, resilience in youth

April 17, 2026
Professor Y.K. Ajao performing Juju music live

Legendary Juju musician Professor Y.K. Ajao passes away

April 17, 2026
Nigerian Breweries

Nigerian Breweries highlights resilience, strong recovery as it approaches 80 years

April 17, 2026
Gunmen

Gunmen kidnap 14 JAMB candidates in Benue attack

April 17, 2026
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.