Connect with us

Hi, what are you looking for?

News

Kogi Govt Demands 10 Per Cent Share of DANGOTE Cement Company

Kogi State House of Assembly 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, Leadership reports.

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.

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.

____

Follow us on Twitter at @thesignalng

Copyright 2022 SIGNAL. Permission to use portions of this article is granted provided appropriate credits are given to  www.signalng.com and other relevant sources.

Click to comment

Leave a Reply

Your email address will not be published.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

Advertisement

Related

News

Dangote Group has disassociated itself from the fire outbreak at the Kogi State House of Assembly in the early hours of Monday. The company...

Business News

Dangote Cement will officially open its 1.5 million metric tonnes per annum capacity cement plant in Congo on Thursday, November 23, 2017. Constructed at...

Copyright ©