Business

Kogi, Dangote sign pact to re-open Obajana Cement plant

The Kogi State Government and management of Dangote Cement have reached an agreement for the re-opening of Obajana Cement Plant in the state.

The National Security Council has also ordered the re-opening of the cement company.

The directive is to give room for peace in the state.

The state government and Dangote Group have been at loggerheads over the ownership structure of the cement factory.

The Council, chaired by President Muhammadu Buhari, gave the order at the end of its meeting in Abuja on Friday.

Minister of Police Affairs, Alhaji Maigari Dingyadi, who addressed the correspondents after the meeting, said an agreement had been reached to ensure the re-opening of the cement company in Obajana.

Read also: CDS: 101 Boko Haram, ISWAP combatants for de-radicalisation

He said: “An agreement has been reached between the Kogi State government and the Dangote Cement in Kogi on the need to re-open the factory and ensure that there is peace in the state.

“Government is committed to the provision of employment to its citizens rather than closing factories that will make people unemployed.

“We do hope that the parties involved will respect this agreement and come to terms with the memorandum of understanding signed by the parties involved,” he added.

Dingyadi said the agreement was reached under the supervision of the Chief of Staff to the President, Prof. Ibrahim Gambari.

The Star

Editor

Recent Posts

Lagos police detain officers for harassing youths during operation

The Lagos State Police Command has detained officers allegedly involved in a case of misconduct,…

1 hour ago

Nigerian cancer society demands probe of Blessing CEO over fake diagnosis

The Nigerian Cancer Society has called for a formal investigation into relationship influencer Blessing Okoro,…

1 hour ago

Another ADC faction emerges, backs INEC’s rejection of David Mark coalition

A third faction has emerged within the African Democratic Congress, rejecting the authority of the…

2 hours ago

Windstorm damages Kugbo Bus Terminal, Nyanya Bridge in Abuja

A windstorm accompanied by heavy rainfall has damaged parts of the Kugbo Bus Terminal and…

3 hours ago

Zenith Bank posts N1.26trn profit, proposes higher dividend

Zenith Bank Plc has recorded a profit before tax (PBT) of N1.26 trillion for the…

3 hours ago

Wike seizes Jikwoyi collapse site, orders developer’s arrest

FCT Minister Nyesom Wike has ordered the arrest of the owner of a multi-storey hotel…

5 hours ago

This website uses cookies.