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Shareholders Associations Knock Kogi Govt; Say Action on Dangote Cement Is Dangerous For Investment

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Group of Shareholders Associations in Nigeria have urged the Federal Government to urgently intervene and prevail on the government of Kogi State to stop further harassment of investors in Kogi State.

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.

It would be recalled that the Government of Kogi State last week, at the instance of the state governor, Yahaya Bello, invaded Dangote Cement, Obajana plant with over 500 armed members of the state’s security outfit, the Vigilantes, shot 27 staff and wounded several others.

President of the Association for the Advancement of the Rights of Shareholders, Dr. Umar Faruk, while speaking on the development criticised the State Government for being so insensitive to its populace, thousands of whom are depending on the Dangote Obajana plant for their means of livelihood. He said it is unfortunate that someone who has championed investment, worth billions of Naira into a state in Nigeria, is being treated this way.

He called on the Federal Government to, as a matter of urgency caution the Governor of Kogi State to be more civilized and professional in its dealing with Investors in the State. 

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NiMet forecasts 3-day sunshine, haziness from Sunday

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The Nigerian Meteorological Agency (NiMet) has forecasted a period of sunshine and haziness from Sunday to Tuesday across the country. According to the weather outlook released on Sunday in Abuja, NiMet predicts sunny skies in a hazy atmosphere over the northern region during this forecast period. The North Central region is also expected to experience sunny skies in a hazy atmosphere.

In the Inland states of the South, NiMet anticipates cloudy skies with spells of sunshine. Coastal cities are expected to have cloudy skies with the possibility of thunderstorms over parts of Edo, Ondo, Imo, Ebonyi, Delta, Bayelsa, Rivers, Akwa Ibom, and Cross River states during the afternoon and evening hours.

Dust haze is foreseen over the northern region on Monday, while the North Central region is expected to experience sunny skies in a hazy atmosphere. The Inland states of the South and coastal cities are predicted to have cloudy skies with spells of sunshine, along with the likelihood of morning mist over Delta, Bayelsa, Lagos, Cross River, and Akwa Ibom. Thunderstorms are expected later in the day over parts of Rivers, Bayelsa, and Akwa Ibom states.

On Tuesday, NiMet forecasts dust haze with a visibility range of 2km to 5 km over the northern region. The North Central region is expected to experience dust haze as well. In the Inland states of the South and coastal cities, cloudy skies with spells of sunshine are anticipated.

NiMet issues a cautionary note about dust particles in suspension and advises the public, especially individuals with respiratory issues, to take necessary precautions. The agency also warns of the potential for moderate to heavy rainfall leading to flash floods and advises the public to exercise caution. Strong winds are likely to precede and accompany thunderstorms, and disaster risk managers, agencies, and individuals are advised to be proactive during the rainy season.

Finally, NiMet advises airline operators to obtain updated weather reports from its office for effective planning in their operations.

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Kaduna bombing: Senators donate December salaries to victims

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Each of the 109 senators in the Federal Republic of Nigeria has contributed their December salaries to assist the victims of the recent bombing incident in Kaduna that occurred last Sunday. The Deputy President of the Senate, Senator Barau I. Jibrin, made this announcement on Sunday during a visit to the Kaduna State Government House, leading a prominent delegation of Senate members. The delegation was welcomed at the Government House by Governor Uba Sani. Further information will be provided soon.

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ECOWAS meeting holds in Abuja

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The 64th Ordinary Session of the Economic Community of West African States (ECOWAS) Heads of State and Government is currently taking place in Abuja, Nigeria. President Bola Tinubu of Nigeria is set to chair the session, which is being attended by leaders from the 15-member block.

According to reports from the News Agency of Nigeria (NAN), countries such as Ghana, Liberia, and Sierra Leone have already gathered at the venue, the Banquet Hall of the Presidential Villa in Abuja. Other member states present include Benin, Gambia, Togo, Cape Verde, and Senegal.

In addition to the Heads of State and Government, the meeting is being attended by the ECOWAS Commission and other stakeholders, including former President Goodluck Jonathan, the U.S. Lead diplomat for Africa, Molly Phee, the African Union (AU), and the UN Secretary-General Special Representative for West Africa and the Sahel, Leonardo Simao.

The agenda for the end-of-year meeting includes a comprehensive review of decisions and agreements previously made by the body. This encompasses topics such as the adoption of the ECO as a common currency for the region. The regional body will also deliberate on issues such as the recent coup d’etats in Niger, Burkina Faso, Mali, and Guinea.

Furthermore, the meeting will address concerns related to climate change, democracy, bilateral relations, and the African Continental Free Trade Agreement.

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