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Kogi Government Claims Obajana Plant Ownership, Dangote, MAN Kick

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The Kogi State Government has said that it will be ready to enter into negotiations once the Dangote  Group is ready to admit that the Obajana cement plant does not belong to it.

Governor Yahaya Bello stated this on Thursday while presenting documents to back the state’s claim to the ownership of the plant.

The documents are from the report of the Specialised Technical Committee on the Evaluation of the Legality of the Alleged Acquisition of Obajana Cement Company Plc by Dangote Cement Company Limited.

The detailed report, which was submitted to Governor Yahaya Bello last month, was presented to the public by the Secretary to the State Government, Dr. (Mrs) Folashade Ayoade.

According to her, the claimed transfer of Obajana to Dangote Industries Limited was “invalid, null, and void.”

Ayoade said in the report that three certificates of occupancy for Obajana Cement Company Plc, which was solely owned by the Kogi State Government at the time, were used to obtain a loan of N63bn by Dangote.

She said the committee, in view of its findings, had recommended that Kogi State take steps to recover the Obajana Cement Company from the Dangote Group.

The committee, chaired by the Secretary to the State Government, also recommended that the “Kogi State Government should take steps to recover all accrued dividends from profits made over the years, including accrued interest on the same.

“Kogi State Government should take steps to cancel the existing seven Certificates of Occupancy in the name of Dangote Cement Company.”

“Agreement between Kogi State Government of Nigeria and Dangote Industries Limited, dated 30th July 2002 and supplemental agreement dated 14th February 2003, as contained in Exhibit 71 of the Judicial Commission of Inquiry Report, purporting the transfer of Obajana Cement Company Plc to Dangote Industries Limited, are all invalid, null and void.

“There is no evidence of consideration paid by Dangote Industries Limited to the Kogi State Government from the alleged transfer of Obajana Cement Company Plc and no dividend was paid to the state from the profits realised from the inception of Dangote Cement Company Plc to date.”

On his part, the Speaker of the Kogi State House of Assembly, Matthew Kolawole, said the acquisition of the Obajana Cement Company by Dangote was without the resolution of the House of Assembly, which rendered the process null and void.

“It is clear that you cannot sell a state government property of any form without the resolution of the Kogi State House of Assembly.

“All the transfer process of the share capital to Dangote from Obajana by the previous administration was without any law backing it by the state House of Assembly,” Kolawole stated.

In his remarks, Governor Yahaya Bello said the decision to seal the plant came on the back of several petitions by members of the local community who felt marginalized by the company.

The governor, however, said that the state was open to discussions once Dangote Company Plc was ready to come to dialogue.

“We received several petitions from the general public over this particular subject matter. In the past five to six years, all efforts to sit with the proprietors of the Dangote Conglomerate failed.

However, the Manufacturers Association of Nigeria condemned the invasion of the Dangote plant by officials of the Kogi State Government.

MAN, while reacting to Wednesday’s faceoff between the security outfit of the state and workers at the Dangote Cement plant, described the invasion as illegal and a breach of the fundamental human rights of one of Nigeria’s foremost corporate entities.

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President Tinubu Confirms Adepoju As Substantive Immigration Comptroller-General

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Nigeria’s President, Asiwaju Bola Ahmed Tinubu, has confirmed the appointment of Wura-Ola Adepoju as the substantive comptroller-general (CG) of the Nigeria Immigration Service (NIS).

Adepoju reportedly disclosed the development to staff of the NIS during the comptroller-general’s parade on Wednesday.

“You may also wish to know, that through the grace of God and by the benevolence of the present government, I have been confirmed as a substantive comptroller-general of immigration,” she said.

She added that the date for decoration would be announced soon.

NIS spokesperson, Anyanwu Ifeanyi confirmed the development.

“Yes, she has been confirmed as comptroller-general,” he said in a text message.

On May 29, Adepoju was appointed acting CG, replacing Isah Jere whose tenure expired on May 29.

Stakeholders had commended the appointment of Adepoju as the first south-western, female acting comptroller-general of the NIS, describing it as historic.

The stakeholders said the appointment will inspire female officers to give the best to their careers in hopes of reaching the peak.

The Yoruba Heritage Group had also lauded Tinubu for the appointment, commending him for “breaking the jinx” by allowing a Yoruba person in the position.

The group had also appealed to Tinubu to confirm Adepoju’s appointment as the substantive immigration CG, adding that she has the competence and capacity to push reforms that will transform the service.

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BREAKING: Gunmen Hijack Bullion Van In Ogun, Kill Finance Director Bureau Of Political Affairs

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Yet-to-be-identified gunmen, on Wednesday, killed the Director of Finance to the Ogun State governor’s office, Mr. Taiwo Oyekanmi.

According to Daily Post, the accountant was waylaid and shot dead on the popular Kuto Bridge in Abeokuta, less than three kilometres from a bank where he had withdrawn a lump sum of money for government use.

The unknown amount was also taken away by the gunmen.

Sources from the government office hinted that Oyekanmi was gruesomely killed a few days after he celebrated his birthday.

The sources further stated that Oyekanmi was rushed to the state hospital, in Ijaye area of Abeokuta, where he breathed his last.

It was further gathered that the news of his demise has been broken to his family and the Secretary to the State government (SSG), Tokunbo Talabi, as at the time of filing this report, was with the family of the deceased paying his condolence.

When contacted, Spokesperson of the Ogun State Police Command, Omolola Odutola, confirmed the incident but insisted that nobody died at the scene.

But when the commissioner of police, Abiodun Alamutu, was called, he confirmed the incident and also admitted that Oyekanmi was killed.

The police boss said, “This afternoon, the accountant, the Director of Finance with the driver and one other person left for Fidelity Bank to make some withdrawal.

“They went with a homemade bullion van. They were supposed to have a police escort, but for certain reasons, the person was permitted to travel to attend to some issues.

“Consequently, he was not part of the movement today. According to the story, after making the withdrawal, and on their way back to the office, they were accosted.

“A vehicle blocked them on top of the bridge, five occupants of the vehicle came down, shot at the director and from their vehicle brought out a sledge hammer to force the receptacle where the money was kept open and they left with the money.

“The director that was shot was thereafter taken to Ijaye hospital where he eventually gave up the ghost.

“For our investigation, I have directed the area commander to get to the bank and request for the CCTV footage which will give us insight into the vehicle in question and possibility of identifying the culprits if they ever tried to step out of the vehicle or maybe they just maintained their position in the vehicle.

“I have reached out to Lagos and everywhere in the command to block all the exits out of the state, while we are trying to identify them because they said they were five and they were hooded.”

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We’ll Overhaul Nigeria’s Security Architecture — President Tinubu

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Nigeria’s President, Asiwaju Bola Ahmed Tinubu, says the nation’s security architecture will be overhauled on his watch.

Speaking on Wednesday while presenting the N27 trillion budget estimate before the joint sitting of the senate and house of representatives, Tinubu said the federal government will re-organise Nigeria’s entire internal security architecture.

Highlighting key issues in the appropriation bill, Tinubu said the budget seeks to achieve “job-rich economic growth, macro-economic stability”, better investment environment, and access to social security.

“Defence and internal security are accorded top priority,” the president said.

“The internal security architecture will be overhauled to enhance law enforcement capabilities and safeguard lives, property and investments across the country.

“Human capital is the most critical resource for national development. Accordingly, the budget prioritises human development with particular attention to children, the foundation of our nation.”

Tinubu said his government is committed to “improving the lot” of Nigerians and delivering on his campaign promises.

He said the 2024 budget has the potential to boost performance, promote the development of micro, small and medium-sized enterprises, enhance security and public safety, and improve the general living conditions of our people.

“I am confident that these budgetary allocations and directives will set Nigeria on a transformative path towards a sustainable and resilient energy future, fostering economic growth, job creation, and environmental preservation,” he said.

The president added that despite global headwinds, the Nigerian economy has proven resilient, maintaining modest but positive growth over the past twelve months.

In June, Tinubu appointed new security chiefs after he retired those who served in the administration of former President Muhammadu Buhari.

Last week, Christopher Musa, chief of defence staff (CDS), while speaking at a security debate organised by the house of representatives, said Boko Haram suspects plan operations and move funds from behind bars.

The defence chief alleged that some prison warders help high-profile inmates to move funds through their bank accounts.

On escalating insecurity in the south-east geopolitical zone, the general said Simon Ekpa, factional leader of the proscribed Indigenous People Of Biafra (IPOB), is a menace to Nigeria, noting that his “utterances” and actions have caused significant harm to the country.

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