• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Thursday, May 15, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

LCCI, NACCIMA flay Kogi over attack on Dangote Cement Obajana

Dangote

The Matters Press by The Matters Press
October 7, 2022
Reading Time: 2 mins read
0
Dangote Cement commences Tranche II share buyback

The Lagos Chamber of Commerce and Industry (LCCI) and the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) have condemned attack on Dangote Cement, Obajana Plant, which left seven persons injured and property destroyed.

RELATED POSTS

Nigeria First policy, unique, revolutionary – TMSG

Group seeks action against the menace of fake news, deliberate falsehood

Nigeria’s upgrade of health centres, a major milestone in Renewed Hope Agenda

They called for the intervention of relevant agencies to enable the Kogi government and Dangote Cement Plc come to a truce.

They made the call on Friday in Lagos in statements in reaction to the attacked on Dangote Cement Plc, Obajana Plant, which left about seven persons injured and property destroyed.

Dr Chinyere Almona, Director-General, LCCI, described the news of the attack on the Dangote Cement Plant as shocking and disappointing, ill-construed and avoidable.

Almona said the attack was a reflection of the poor handling of investment protection in the country.

According to her, the LCCI believes there are more decent ways to handle regulatory and legislative matters concerning businesses in Nigeria than resorting to violence.

She recommended a meeting of all government agencies connected with the acquisition of the cement plant to resolve any differences thereof.

“The chamber sees a role for the Presidential Enabling Business Environment Council (PEBEC), the Bureau of Public Enterprises (BPE), the Nigeria Investment Protection Commission (NIPC), and the Kogi State government in resolving the issue.

“The growing mining industry in Kogi State has benefitted from the production activities of the Dangote Cement Factory, which offers both infrastructural and Corporate Social Responsibility (CSR) projects to enhance the standard of living in the state.

“It is, therefore, expected that the government would be interested in creating an enabling business environment that can attract both local and foreign investors.

“And where there are infractions, handling such should be in accordance with best practices and the rule of law that protect investors’ rights and human lives.

“We advocate a win-win situation for businesses and the government and will, therefore, call on all parties to exercise caution and be protective of jobs, assets of production, and government revenues from corporate organisations like Dangote Cement Factory,” she said.

Almona stressed that henceforth, the process that could be taken must not necessarily shut down the factory and endanger jobs, products, and government revenues.

“This point is critical as wrong handling or unprofessional approaches to resolutions can send negative signals to potential foreign investors,” she said.

Also, Mr Olusola Obadimu, Director-General, NACCIMA, regretted the action of Kogi State government, which had resulted in the hasty sealing of the Dangote Cement Factory at Obajana.

Obadimu said the action could have surely been resolved on a more conciliatory and amicable note.

He stated that his view was based on the key consideration that the huge production plant supplied key domestic inputs (cement) into the economy, employing hundreds of thousands of Nigerians directly and indirectly.

This, he explained, was aside from its substantial budget for CSR outside of taxes.

He noted that shutting off the factory did not necessarily help the controversial issue of compliance on tax remittance to the Kogi State government.

Rather, Obadimu said, a continual operation of the plant would more likely facilitate a faster resolution of the dispute.

“We thus suggest that the company be reopened as quickly as possible to enable it continue its operation and fulfil its necessary responsibilities.

“This is not just on tax but also keep the hundreds of thousands of Nigerians in its direct and indirect employment dutifully engaged and, furthermore, sustain its crucial services, not just to the people and government of Kogi State but Nigeria in general,” he said.

Tags: Dangote
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

IMPI releases new policy statement in defence of the Nigerian economy
Economy/Technology

Nigeria First policy, unique, revolutionary – TMSG

May 15, 2025
Economy/Technology

Group seeks action against the menace of fake news, deliberate falsehood

May 14, 2025
Eulogising Africa’s efforts in midwifing a Covid-19 vaccine
Economy/Technology

Nigeria’s upgrade of health centres, a major milestone in Renewed Hope Agenda

May 13, 2025
Rescued victims of human from Cote D Ivoire arrive Nigeria
Foreign

Rescued victims of human from Cote D Ivoire arrive Nigeria

May 11, 2025
Northern governors, traditional rulers call for accelerated action against Insecurity
News

Northern governors, traditional rulers call for accelerated action against Insecurity

May 11, 2025
Smile finally visits nurses, now on enhanced salary entry point
Economy/Technology

As enrollment of nurses peaks at 115,000, Nigeria ready to outsource medical personnel to the world – TMV

May 10, 2025
Next Post
Coronavirus hits hard as China records 811 deaths

China’s net external financial assets stand at over $2trn

Scheme to repatriate $200bn in forex requires right mechanisms

China’s foreign exchange reserves down in September

Recommended Stories

World Bank predicts 4% global economic growth, 1.1% for Nigeria in 2021

World Bank to assist to lift 100m Nigerian out of poverty

January 21, 2022
Solar is the oil of 21st century

Solar is the oil of 21st century

July 5, 2023
Nigeria has not taken decision yet on fuel subsidy

Labour shelves strike notice, meets again with FG over fuel subsidy resolutions

June 6, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Nigeria First policy, unique, revolutionary – TMSG
  • Group seeks action against the menace of fake news, deliberate falsehood
  • Nigeria’s upgrade of health centres, a major milestone in Renewed Hope Agenda

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us