Thursday, March 23, 2023
Google search engine
HomeNewsShareholders Associations Knock Kogi Govt; Say Action on Dangote Cement Is Dangerous...

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

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. 



Please enter your comment!
Please enter your name here

- Advertisment -
Google search engine

Most Popular

Recent Comments