The association said the decision was taken because of the security situation in the region and in Akwa Ibom State in the South South
Browsing: Dangote Cement
According to the College, the alliance will further boost the Internally Generated Revenue of the institution.
This was in the ongoing Dangote Cement Plc Bag of Goodies Consumer Promo Season 3 that took place on Wednesday.
Members of the host communities from Iwaa, Oyo, Obajana and Apata said they could now heave a sigh of relief.
They described as barbaric the use of thugs to embarrass investors, such as meted out on Dangote cement and other companies located in Kogi State, noting that such unsavoury development will strongly discourage both local and foreign investments into the country.
Following the invasion, the organisation in a press signed by the company’s GMD, Michel Puchercos,
The vigilantes, led by some officials of the State government were apparently acting on a resolution of the Kogi state House of Assembly on controversial tax claims; claims that the state governor had also contradicted when he said the shutdown was due to an alleged invalid acquisition of the company by Dangote Industries Limited.
Some Kogi youths had on the fateful day in company of some armed vigilante groups, invaded the premises of the company in an attempt to shut it down.
The Kogi State House of Assembly ordered the closure of the company after its investigation into the cement factory’s operation allegedly revealed that no valid acquisition took place for the company.
It made this known in a statement in Lagos by Anthony Chiejina, Group Head, Corporate Communications in Lagos.
The company said this in a statement by Francis Awowole-Browne, its Media and Communication Personnel.
The promo, which was launched in Lagos on Tuesday in the presence of regulators from the National Lottery Regulatory Commission and Federal Competition and Consumer Protection Commission, is expected to offer life-changing prizes, which will have immense economic values to the loyal consumers.
The News Agency of Nigeria reports that the maiden edition of the scheme was held at Dangote Cement plant in Obajana.
Unanimously, the shareholders approved N20 per share for the year ended December 31, 2021 as against the N16 paid in the preceding year. This represents a 25 per cent increase in dividend compared to the 2020 dividend of N16.00 per share, reinforcing the Company’s commitment to maximising shareholder value.
The firm in a press statement said unaudited results for three months ended 31st March 2022, showed revenue of N413.2 billion and a profit after tax of₦105.9 billion.
Analysis of the cement giant’s three months results indicated that Dangote Cement sold a total volume of 7.2Mt of cement across the group with Nigerian operations accounting for 4.8Mt while the rest of Africa did the balance of 2.4Mt.
Buhari condoled with family members, Government and people of Kogi State, colleagues and associates of the seasoned technocrat
Bello’s condolence message is contained in a statement signed by his Chief Press Secretary, Muhammed Onogw.
The Obajana portion of the road, which hosts the Dangote Cement factory, is notorious for gridlock in the area
Shittu said this Friday in Enugu during his opening speech at the Dangote Special Day at the ongoing 33rd Enugu International Trade Fair.