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Obajana: We Must Separate Acquisition From Asset-Grabbing, Kogi Replies Dangote

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The Kogi State Government, on Wednesday, responded to Dangote Industries Limited’s DIL, insistence on 100 per cent ownership of Obajana Cement Company, saying that Dangote company’s efforts at making the state’s demand appear unreasonable had only justified the state’s protest against what it described as “callous and deliberate asset grabbing.”

The state government maintained that Obajana Cement Company was solely founded in 1992 and owned by the state, which held 100 per cent of its shareholding in trust for its people, long before DIL ventured into the state and longer still before Dangote Cement Plc came into existence.

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In a detailed response to Dangote Group’s advertorial, titled, “Separating Facts From Fiction”, the Kogi State Government noted that successive administrations had always invited Dangote Industries Limited and Dangote Cement Plc to prove that the Group paid anything at all for the purported acquisition of Obajana and its alleged 100 per cent ownership, “but each time, DIL and DCP have woefully failed to do so.”

In the response titled, “Separating Acquisition From Asset-Grabbing”, the government disclosed that it took a loan of at least 15million Deutsche Marks to conduct feasibility assessments, which confirmed the existence of those ‘vast limestone deposits’ that DIL found so enticing years later.

“Sadly, for over a decade after DIL and DCP started posting profits from the operations of the Obajana plant, the Kogi State Government was still labouring to pay off the said loan and interests accruing thereon,” the statement highlighted.

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The Kogi State Government said in the interest of humanity and truth, it was pertinent to ask the questions: “How come years after DIL and DCP claim they acquired 100 per cent of the equity and assets of Obajana Cement Plc, Kogi State officials were still listed as shareholders of the company, holding shares for and on behalf of the people of Kogi State in filings made by DIL and DCP at the Corporate Affairs Commission (CAC)?

“Is the above not evidence that DIL and DCP which do not deny that Kogi State invited them to invest in Obajana Cement Plc in the first place, are lying when they defend their rapacity and duplicity by claiming that Kogi State allegedly abandoned her allotted shares and was subsequently kicked out of the company she founded by them, thereby allegedly extinguishing all rights and interests of Kogi State and her people in the operations of the company?

“By what rules of corporate acquisitions or even buy-outs are DIL and DCP operating in their highhanded dealings with Kogi State and people? At what point was DIL and DCP able to raise money and Kogi State Govt not able to raise money to take up their allotments, resulting in the alleged transfer of Kogi’s shares in Obajana to DIL/DCP?

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READ ALSO: Ownership: Kogi, Dangote Cement Management Trade Words

“Which money or consideration did DIL provide in 2002 for the alleged acquisition of the 90 per cent equity in Obajana Cement Plc, which used to be vested in the Kogi State Government and what money or consideration did DIL and DCP pay in 2003 to acquire the remaining 10 per cent of Kogi’s shares in Obajana Cement Plc?”

The state government invited Nigerians and all persons of goodwill everywhere to ruminate on the issues raised and draw conclusions “on the ways and manner in which DIL and DCP have shamelessly gone about their conspiracy to dispossess Kogi State and her people of their rightful assets.”

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Anambra Directs Residents To Repaint Houses

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The Anambra State Government has directed residents and occupants of dilapidated buildings defacing the environment in public view areas across the state to repaint their structures, adding that regulators will be embarking on field operations to enforce compliance beginning from July 1.

In a press statement released on Thursday, the state Commissioner for Environment, Dr Felix Odimegwu, said repainting of buildings with particular emphasis in Onitsha, Awka, Nkpor, Nnewi and Ekwuluobia areas, respectively, will commence with immediate effect with the aim of achieving a clean, beautiful and eco-friendly environment.

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Odimegwu said concerned residents and corporate organisations in the areas mentioned are required to repaint their houses/buildings, especially those that have not been repainted in the last 10 years or buildings whose current paint is defacing the environment.

READ ALSO: Shocking! Late Ohanaeze Ndigbo President Lefts Will That Bans Wife From Remarrying

He said the exercise is aimed at strengthening the existing building structures, improving the aesthetic ambience, and the green space of the state as enshrined in the Anambra State Environmental Management, Protection and Administration Law 2024, Part 4 sec 79 (1-7).

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The statement partly read, “Notice is hereby given to all residents and occupants of buildings which are in public view areas of the state with particular emphasis on Onitsha, Awka, Nkpor, Nnewil and Ekwuluobia respectively, that general house hold inspection on dilapidated and unpainted structures defacing the environment shall commence with immediate effect.

“This exercise is aimed at strengthening the existing building structures, improving the aesthetic ambience, and the green space of the state as enshrined in the Anambra State Environmental Management, Protection and Administration Law 2024, Part 4 sec 79 (1-7).

“Hence, residents are enjoined to fully maintain, repaint (if necessary) their residential and commercial premises which are in public view (anyaora) areas.”

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READ ALSO: Police Arrest Suspects For Stealing Two Underage Siblings In Anambra

He added that the Anambra State Environmental Management Protection and Administration Law 2024 provides the legal framework for beautification and aesthetic face-lifting of the state.

Regulators will be embarking on field operations starting from July 1, 2025, for this particular purpose. Therefore, concerned individuals and corporate organisations within the purview as stated above are required to repaint their houses/buildings, especially those that have not been repainted in the last 10 years or buildings whose current paint is defacing the environment.

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“A clean, beautiful and eco-friendly Anambra is possible if we join hands together to improve her aesthetic ambience,” the statement added.

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Umahi Terminates Benin–Warri Road Contract, Seeks Refund

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The Minister of Works, David Umahi, has terminated the contract awarded to Levant Construction Limited over its failure to deliver on the Benin–Sapele–Warri road project.

The road, a major federal highway, is being reconstructed under the Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme.

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Speaking in Abuja after a meeting with contractors handling various sections of the project, Umahi accused Levant of abandoning its section of the road despite multiple warnings and a final termination notice.

According to a statement signed by his media aide, Orji Uchenna, on Wednesday, the minister disclosed that despite intervention by the Edo State Government on the worst sections of the road, Levant failed to mobilise to its portion of the site, leaving critical areas unattended.

We even begged the Edo State Governor to fix the worst-hit parts while Levant handled the remaining. While the governor delivered on his 23km stretch for N35bn, Levant abandoned its section.

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“They received multiple warning letters, including a final notice, but chose not to return to the site,” Umahi said.

READ ALSO: Drama As Woman Accuses Umahi Of Sexual Harassment, Unpaid Contract, Minister Threatens Legal Action

Umahi directed the Permanent Secretary to finalise the contract termination, initiate a joint measurement for completed works, and write to the company’s bank for the recovery of the Advance Payment Guarantee.

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He warned that failure to refund the public funds could lead to prosecution by the Economic and Financial Crimes Commission.

In contrast to Levant’s performance, the minister praised Geld and SKECC for agreeing to return to the site following renegotiations.

He noted that a project review has been approved to accommodate inflationary pressures, including the rising cost of asphalt, now pegged at ₦30,000 per square metre from a previous ₦9,000.

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“I’m pleased with Geld’s commitment. For their other job on the Lokoja-Abuja road, we’ve agreed to a price review. The same applies to the Itoki–Ikorodu road. We are happy to see movement again,” he said.

He also lauded the efforts of Delta State Governor, Sheriff Oborevwori, and Edo State Governor, Monday Okpebholo, for stepping in to fund critical sections of the federal road.

We are grateful. These governors are doing very beautiful work,” he said.

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READ ALSO: 52% Of Ongoing Road Construction In Northern Nigeria – Umahi

Reacting to recent claims by some Northern groups accusing the Tinubu administration of favouring the South in road projects, Umahi described the allegations as “malicious and uncharitable”.

He stressed that project distribution under President Bola Tinubu’s Renewed Hope Agenda has been fair, inclusive, and based on inherited commitments and current needs.

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In this ministry, we don’t count regions. We follow the President’s example—he inherited projects and chose to continue them irrespective of location,” Umahi said, citing the Abuja–Kaduna–Zaria–Kano road project as a case in point.

He noted that under the NNPC Tax Credit Scheme alone, Niger State accounts for 26 per cent of the project portfolio, while the South-West and South-East combined barely get 9 per cent.

In his detailed response, Umahi listed several ongoing projects in the North, including the Abuja–Kaduna–Zaria–Kano road (Sections I & III) worth N252bn, with 30 per cent already paid.

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He said, “Section II of the same highway, 164km long, valued at N525bn, with another 30 per cent (N152bn) already disbursed. Sokoto–Zamfara–Katsina–Kaduna 750km road at N825bn, started under President Tinubu.

“There are Dangote-backed Tax Credit projects in Borno, including 49km in Bama and 52km in Dikwa. The N958bn dual carriageway project in Kebbi, with a second phase heading to FEC for approval. The 439km Akwanga–Jos–Bauchi–Gombe superhighway is being redesigned to a six-lane concrete pavement on Tinubu’s directive.”

READ ALSO: How Obaseki, Umahi’s Intervention Is Addressing Deplorable State Of Ekpoma – Abuja Federal Highway

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He added that under the Renewed Hope legacy projects, the North is receiving 52 per cent of the investments, while the South gets 48 per cent.

On the controversial Lagos–Calabar Coastal Highway, Umahi said the project is not designed to favour any region, explaining that comparable investments are being made in the North with the same quality and cost standards.

“For instance, the Kebbi section alone, with just one carriageway, is costing about N958bn. When the second lane is approved, that’s nearly N2tn—comparable to Lagos-Calabar segments,” he said.

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Addressing criticisms on the slow pace of work on the Eleme–Onnexis of the East–West Road, Umahi said the contractor, RCC, has since improved performance after initial issues. He clarified that asphalt work being done on a completed lane was to maintain traffic flow around flyover sections.

Let the critics go and verify. We’ve done one carriageway. Where asphalt is being reapplied, it’s around flyover intersections for smooth movement,” he said.

The minister reaffirmed his commitment to restoring public confidence in Nigeria’s road infrastructure, saying, “We want Nigerians to feel the impact of governance.

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“President Tinubu is investing heavily in roads—North, South, East and West—because he understands the economy runs on infrastructure. I have never seen such a unique President.”
(PUNCH)

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542 Senior Military Officers Retire

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A total of 542 senior Non-Commissioned Officers retired from the Nigerian Armed Forces on Thursday after 35 years of service.

The retirement ceremony, held at the Nigerian Armed Forces Resettlement Centre in Oshodi, Lagos, included 362 soldiers from the Nigerian Army, 134 from the Navy, and 46 from the Air Force.

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Speaking at the event, the Chief of Army Staff, Lieutenant General Olufemi Oluyede, represented by Major General Aligbe Obhiozele of TRADOC, praised the retirees for their dedication.

READ ALSO: Army To Enhance Capacity Of Troops To Neutralise Extant Threats – COAS

Obhiozele stated, “Today we celebrate your courage, discipline and selfless service to our great nation. Your 35-year journey embodies the finest military traditions of resilience and patriotism.

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“As you transition to civilian life, we urge you to uphold these values and become pillars in your communities.”

He also urged the retirees to avoid financial mismanagement and neglect of their health, warning that society expects them to continue to uphold the discipline they displayed during service.

NAFRC Commandant, Air Vice Marshal Bashir Mamman, said the centre had trained over 53,000 personnel since its establishment.

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READ ALSO: Jailbreak: Army, DSS, Police Deployed To Ilesa Correction Centre

Mamman thanked President Bola Tinubu for approving major improvements such as bigger starter packs for retirees, digitisation of records, e-learning upgrades, and new workshop equipment.

These interventions have significantly enhanced our capacity to prepare servicemen for civilian life,” Mamman noted.

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Retirees, who were trained in various vocational skills, received discharge certificates to the cheers of their families. Some described the moment as emotional, but hopeful.

Sergeant Musa Bello said, “The training has prepared me well for civil life. I was trained in farming. I hope to invest my gratuity in it. I am proud of my service years.”

The event ended with the traditional lowering of flags, marking their formal exit from military service.

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