We want Kogi’s shares of Dangote cement coy-
Kogi Assembly tells Dangote
….. Shuts down MANGER Mining company
Kogi State House of Assembly has asked for the ten percent shares that belongs to the state from the representatives of the company.
To make the claim possible, Kogi State House of Assembly ordered the management of Dangote cement company to make available to it documents that have to do with the transfer of Kogi State Cement Company to Dangote Cement Company.
The House also directed that the documents signed at the establishment of the Company and relevant receipts of dues it claimed to have paid to Kogi State Government available at the next adjourned sitting.
The Speaker of Kogi State House of Assembly, RT Hon Matthew Kolawole gave this order during public investigative hearing on the floor of the House.
This became imperative in view of the claims and counter claims between the Chairman of Kogi State Internally Generated Revenue Service (KGIRS) and Representatives of Dangote cement company.
The adhoc committee that is investigating the dealings of mining companies in the state said at inception the company was owned by Kogi State and wanted to know how it suddenly transmuted to Dangote Cement Company.
The Speaker also directed that the Financial Director of Dangote Cement Company should meet with KGIGRS and the Commissioner of Commerce and Industry to reconcile financial differences . The Commissioner of Commerce and Industry had pointed out that Dangote had not been paying business premises fees since operation in the state.
Responding, the representative of Dangote, Alh … Jimoh claimed that on the contrary Kogi State had 10 per cent share which color only be claimed if the state showed interest, adding that since no interest was shown, the shares has been acquired when Dangote became a conglomerate.
While the Financial Director of Dangote, Segun Oyebanjo claimed that since 2016, the company has paid in total dues the sum of #14 billion to the coffers of Kogi State
Government through KGIRS with receipts , Chairman of KGIRS said it was not so, adding that the receipts being bandied are not from them.
Also Oyebanjo said it was only in 2021 that some certain taxes have not been paid.
In a similar vein , the Speaker ordered that MANGER Mining company be shut down until it appeared before the House.
The company had refused to accept invitation letter from the representative of Kogi State House of Assembly.
