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

Otedola recounts 51-year friendship with GTCO CEO Segun Agbaje

The Chairman of First HoldCo Plc, Femi Otedola, has celebrated his long-standing friendship with Guaranty…

9 hours ago

No deal to step aside for ADC — Kwankwaso

Rabiu Musa Kwankwaso, the Nigeria Democratic Congress (NDC) vice-presidential candidate, has ruled out withdrawing from…

10 hours ago

Presidency dismisses Makinde’s claim of N250bn NLNG dividend per state

The Presidency has dismissed Oyo State Governor Seyi Makinde’s claim that the Federal Government is…

10 hours ago

Madueke fires Arsenal to victory over Nottingham Forest in Premier League

Noni Madueke's late goal sealed Arsenal's 1-0 win over Nottingham Forest on Sunday as the…

12 hours ago

After 40 years apart, Fatai Okoya begs billionaire father for forgiveness

Fatai Okoya, son of billionaire industrialist Razaq Akanni Okoya, has made an emotional public appeal…

12 hours ago

‘You’re playing politics with misleading statements’: Presidency knocks Makinde over N250bn NLNG dividend claim

The Presidency has dismissed Oyo State Governor Seyi Makinde’s claim that the Federal Government is…

13 hours ago

This website uses cookies.