The Kogi government says it has asked the management of Dangote Group to ensure that the Obajana Cement Company remains shut within the next two days. Over the past few days, the Kogi government and Dangote Cement, a subsidiary of the Dangote Group, have been at loggerheads over the ownership of the cement plant. […]
The management of Dangote Industries Limited yesterday said its acquisition of the land for Obajana Cement in 2002 followed due process, contrary to claims by the Kogi State Government. It also stated that the company as a responsible corporate organisation had been paying relevant taxes, levies and charges to the state government since 2007 […]
The Kogi State Government has warned the Dangote Group against venting its frustration on the state government in the ongoing Obajana Cement ownership tussle. The warning from the state government is coming especially, following the fire incident that razed the Kogi House of Assembly in the early hours of Monday. The state government made […]
The Chief of Defence Staff, General Lucky Irabor and Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari have vowed to investigate the illegal insertions at the Trans-Escravos pipeline in the Yokiri area of Delta State. The duo made the promise after visiting the scene of the insertions on Friday. […]
Nigeria’s private airline company, Air Peace said it will recommence its scheduled flight operations to Johannesburg, South Africa, on October 10, 2022. Vanguard had reported that the airline had suspended scheduled flight operations to South Africa on August 22, 2022, following the delays of the issuance of South African visas to travellers, along with […]
Dangote Cement Plc has disclosed that 27 workers of the company were shot at when armed thugs suspectdly acting on the order of Kogi state government invaded its Obajana cement plant. The company in a statement by its Group Managing Director, Michel Pucheros, said that the invasion was carried out by armed vigilantes, led […]
The Lagos State Government says it will commence the building of an airport in the Lekki area of the state next year. According to a series of tweets on Friday by a spokesperson to the Lagos State Governor, Jubril Gawat, the information was disclosed by the Special Adviser to the Governor on Public Private […]
The Kogi state government says it has commenced the process of recovering the cement plant in Obajana from Dangote Industries Limited. On Wednesday, the cement plant was sealed due to an “ownership tussle” between the company and the state government. The government’s resolution is contained in a report by the specialised technical committee on […]
Elon Musk, the billionaire founder of Tesla Inc., has offered to purchase Twitter for the initial offer price of $44 billion. In a filing on the Securities and Exchange Commission (SEC), Musk made the offer in a letter to Twitter. The development comes ahead of a court trial between Musk and Twitter in Delaware’s […]
Amidst the challenging operating environment which has tested the resilience of institutions and businesses globally, the Nigerian National Petroleum Company Ltd has continued to weather the storm by posting its second consecutive year of profit of N674.1bn in the 2021 financial period. The positive result is coming as global economies continue to struggle with […]
