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NEWS?Obajana cement: Dangote is distorting facts – Kogi Government

The Kogi Government has again debunked claims by the Dangote Group that Obajana Cement Factory is owned, 100 per cent, by the Conglomerate, insisting that there was no valid acquisition.

The state government, in a statement issued by the Information Commissioner, Kingsley Fanwo, in Lokoja on Friday, claimed that Dangote Group was distorting facts about the acquisition of the company

The government had vowed to recover all accrued dividends from profits made over the years by the Dangote Group, including accrued interests on the same.

“As a first step, the Specialised Technical Committee on the Evaluation of the Legality of the Alleged Acquisition of Obajana Cement Company Plc by Dangote Cement Company Limited has expressly asked the Kogi State Government to cancel the existing seven Certificates of Occupancy.

“This is part of the recommendations contained in the report of the 10-man committee, headed by the Secretary to the State Government, Dr. (Mrs) Folashade Ayoade, and submitted to Governor Yahaya Bello of the state.

‘” It’s very important to make it clear to the general public that the state has all the relevant documents to prove that the purported acquisition of Obajana by Dangote was null and void,” he said.

Fanwo noted that Kogi State indigenes would not be intimidated into forgoing their birth rights to any individual or institution, no matter how highly placed.

The Commissioner said that Gov. Yahaya Bello was committed to his inaugural promise that his administration “shall exist for the sole purpose of serving the superseding interests of the people of Kogi State”.

He said, “We want to assure the good people of Kogi State that, with God on our side, what belongs to the state shall be recovered, including all dividends and interests on profits from inception till date. The Dangote Group is just distorting facts to save its face.”

“The detailed committee report, which was made public on Thursday, by the SSG, also charged the government to take steps to recover Obajana Cement Company Plc now changed to Dangote Cement Company Plc.

“Ayodele had revealed with documents that the purported transfer of Obajana to Dangote Industries Limited, was “invalid, null and void”.

“She disclosed in the report that three Certificates of Occupancy for Obajana Cement Company Plc, which were solely owned by the Kogi State Government at the time, were used to obtain a loan of N63 billion by Dangote,” he said.

According to him, in view of its findings, the committee, therefore, recommended that Kogi State should take steps to recover the Obajana Cement Company from the Dangote Group.

“The committee also said, “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.

“By the assignment of the three certificates of occupancy, the title in Obajana Cement Company Plc still vests in Kogi State Government as the sole owner. The three documents were used to obtain a loan of sixty-three billion naira only (N63,000,000,000.00) to finance the construction of the cement plant in Obajana, ” he averred.

Politics

News Update?Osun Governorship Election Petition Tribunal Sitting Begins October 26

Latest Politics updatein nigeria

Osun State Governorship Election Petition Tribunal will on October 26 begin a full hearing of the petition filed by Governor Adegboyega Oyetola of the All Progressives Congress (APC) against the declaration of Senator Ademola Adeleke as governor-elect.

Lifestyle Nigeria reports that the tribunal made this pronouncement after concluding the pre-hearing session on Thursday.

The tribunal was asked to dismiss the applications of the Peoples Democratic Party (PDP) and the Independent National Electoral Commission (INEC), seeking the discontinuation of the petition brought to it by Governor Oyetola.

Counsel for Oyetola and the APC, Lasun Sanusi, SAN, at the sitting of the tribunal argued that Adeleke’s, PDP’s and INEC’s reliance on a Federal Court High judgment was nothing but an abuse of court process.

Sanusi argued this while replying to separate applications of the trio, seeking the dismissal of the petition based on the already appealed Federal High Court judgment disqualifying Oyetola from contesting the election.

Citing Supreme Court decisions in the case of Jegede Vs INEC, 2021, 14NWLR, Pt 1797, page 409, the counsel said the court had ruled that the signatories to the letter conveying the nomination of a candidate were not the nominators; rather, the nomination was done by party members at the congress, hence, the judgment could not stand.

Meanwhile, the counsel for INEC, Prof. Paul Ananaba, SAN; counsel for Adeleke, Onyechi Ikpeazu, SAN and counsel for the PDP, Dr. Alex Izinyon, SAN, agreed that any decision the tribunal would take on the matter would have to wait until the Appeal Court and the Supreme Court decided on it.

They noted that they just decided to argue the applications to have it on record, a position which the tribunal agreed with and put on record.

Also, in other applications totalling nine by the three respondents, they asked the tribunal to strike out some paragraphs of the petition on the grounds that they were either lumped together or not related to the 2022 election.

In response to each of the applications, Sanusi said all the cases cited by the respondents were misconceived, adding that they were not applicable in the instance case.

He cited the case of INEC Vs Otti, 2016, 8NWLR, where the Supreme Court hinted that INEC was supposed to be neutral, arguing that all the processes filed before the panel have not portrayed the commission’s neutrality.

Sanusi further argued that the applications filed by the respondents were only meant to prevent the tribunal from focusing on hearing the petition on merit, asking the panel to dismiss the applications.

Subsequently, counsel for all parties in the matter agreed to begin the full hearing starting with the calling of witnesses on October 26.

In his ruling, the tribunal declared the pre-hearing session concluded and announced that the pre-hearing conference report would be presented on October 17.

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NEWS UPDATE?Nigeria Air Force who died in the crashed NAF Alpha-jet that crashed in Borno state laid to rest (photos)

%title% Nigeria Air Force who died in the crashed NAF Alpha-jet that crashed in Borno state laid to rest (photos) Lifestyle Nigeria

Nigeria Air Force who died in the crashed NAF Alpha-jet that crashed in Borno state laid to rest (photos)

The remains of Flight Lieutenant Chapele Ebiakpo, one of the pilots of the NAF Alpha-Jet aircraft that crashed in Maiduguri, Borno state on March 31, 2021, have been laid to rest.

 

It will be recalled that the Nigerian Air Force fighter jet was declared missing on 31 March 2021 after losing radar contact. The crash site was later discovered and the bodies of the two pilots onboard the ill-fated jet were recovered. The pilots were on the battlefield fight Boko Haram members when the jet crashed.

 

On Thursday, October 13, friends and family members of the Late Ebiakpo gathered together at the National Military cemetery to bid him farewell. May his soul rest in peace, Amen.

 

See more photos from the funeral below…

 

Nigeria Air Force who died in the crashed NAF Alpha-jet that crashed in Borno state laid to rest (photos)Nigeria Air Force who died in the crashed NAF Alpha-jet that crashed in Borno state laid to rest (photos)Nigeria Air Force who died in the crashed NAF Alpha-jet that crashed in Borno state laid to rest (photos)Nigeria Air Force who died in the crashed NAF Alpha-jet that crashed in Borno state laid to rest (photos)Nigeria Air Force who died in the crashed NAF Alpha-jet that crashed in Borno state laid to rest (photos)Nigeria Air Force who died in the crashed NAF Alpha-jet that crashed in Borno state laid to rest (photos)

 

 

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<p>The post Nigeria Air Force who died in the crashed NAF Alpha-jet that crashed in Borno state laid to rest (photos) first appeared on Lifestyle Nigeria.</p>

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Phyna Bbnaija; Biography, Net Worth, Date Of Birth, Age, State Of Origin & Career – Lifestyle Nigeria


Real Name: Ijeoma Josephina

Stage Name: Phyna Bbnaija

Date Of Birth: 1997

 

Age: 25 years old

Profession: Actress

Nationality: Nigerian

State Of Origin: Edo State

Net Worth: $15K dollars

Details About Phyna Bbnaija


Phyna is currently 25 years old and she was born in the Nigerian state of Edo. Ijeoma Josephina is the correct spelling of her given name. She recounted herself as being the one who bring the ginger and the vibes to Biggie’s residence.

 

READ ALSO: BBNaija S7: Tega Makes U-turn About Phyna&#8217;s Loud Behaviour, Issues PSA

 

Phyna Bbnaija Date Of Birth

Phyna Bbnaija was born in the year 1997 in the Nigerian state of Edo. As of the time that this article about Phyna’s BBnaija biography and net worth was written, she had not yet reached her 25th birthday.

What is the net worth of Phyna Bbnaija?

At the time of writing, phyna bbnaija’s net worth was calculated at $15,000.

Conclusion:

There is still a lot of work to be done in this article. I’ll get to it as quickly as I can. Please share and leave a comment

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