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Shareholders associations knock Kogi Govt, say action on Dangote Cement, dangerous for investment

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Aliko Dangote

 

Group of Shareholders Associations in Nigeria have urged the Federal Government to urgently intervene and prevail on the government of Kogi State to stop further harassment of investors in Kogi State.

They described as barbaric the use of thugs to embarrass investors, such as meted out on Dangote cement and other companies located in Kogi State, noting that such unsavoury development will strongly discourage both local and foreign investments into the country.

It would be recalled that the Government of Kogi State last week, at the instance of the state governor, Yahaya Bello, invaded Dangote Cement, Obajana plant with over 500 armed members of the state’s security outfit, the Vigilantes, shot 27 staff and wounded several others.

President of the Association for the Advancement of the Rights of Shareholders, Dr. Umar Faruk, while speaking on the development criticised the State Government for being so insensitive to its populace, thousands of whom are depending on the Dangote Obajana plant for their means of livelihood. He said it is unfortunate that someone who has championed investment, worth billions of Naira into a state in Nigeria, is being treated this way.

Fuel scarcity: IPMAN, NNPC allay fears of Nigerians

He called on the Federal Government to, as a matter of urgency, caution the Governor of Kogi State to be more civilized and professional in its dealing with Investors in the State. According to him: “Why should the governor of a state in Nigeria, mobilized vigilantes to seal a publicly quoted company? The same Governor did exactly the same thing to First Bank, making the bank close some of its branches in the state. Is that not executive rascality, using the state assembly to commit such an atrocious act?

“Federal Government should swing into action by protecting investors, else, the efforts being made to attract both foreign and local investors will come to naught. I hope the state realizes that Dangote Cement has foreign shareholders. What impression do you want these people to have of our government? I also urge the Federal Government to fish out those thugs, used by the State, for prosecution, so as to serve as a deterrent to others…This action will lead to loss of revenue, even for the Government, in terms of taxes, and erode the shareholder’s value.”

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In the same vein, founder of the Independent Shareholders Association of Nigeria (ISAN) and President of Boys Brigade Nigeria (BBN), Sir Sunny Nwosu said a reasonable state government would have gone to court against any publicly quoted company rather than resort to a barbaric and ruthless method of chasing workers with guns and cutlass in the civilized age.

“What the Kogi State Government did, honestly was very bad and disappointing. How can a state use vigilante with guns and cutlasses against a company that is feeding thousands of its people? A reasonable government should have gone to Court and not taken laws into its hands.

“This action is bad and will smear the image of both the Federal and State government. It will also affect the ranking of ease of doing business in Nigeria. Kogi is blessed with so many natural resources, but with the attitude of this government, I doubt if any reasonable investor, either local or foreign, will want to do anything with the state anymore”

The President, Pragmatic Shareholders Association, Mrs. Bisi Bakare said: “As an investor, we are not happy about the way things are going. If the State has problems with Dangote Cement on tax issues or any issue at all, there are a far better-civilized ways of handling it than sealing a factory that is contributing more than 30 percent of the cement Nigerians are consuming.

“The governor should realize that his position is transient and that the people of his state, whom he has deprived their means of livelihood will always remember him for bad! Can you imagine the number of people that will be out of jobs and the huge revenue loss to the government, the company, and us, the shareholders? The state, to me, has done a very grave mistake and the earlier the company is re-opened the better.”

Recalled that the Organised Private Sector (OPS) operators under the aegis of the National Association of Chambers of Commerce, Industries, Mines and Agriculture (NACCIMA) have lent its voice to the ongoing spat between Dangote Cement and Kogi state government which culminated into the closure of the Obajana plant of the Cement company.

NACCIMA expressed regret that the issues between the company and the state over tax disputes ought not to have led to sealing of the company but should have been resolved in a conciliatory and amicable atmosphere.

The body, in a statement signed by its Director-General, Olusola Obadimu, and issued in Lagos, said the state government should have trodden a path of caution and called for the immediate reopening of the factory for normal production activities to resume.

Obadimu stated that NACCIMA’s position was based on some key considerations bordering on the impact of the factory’s closure on the economy and thousands of people whose means of livelihood depend on the production activities of the factory.

“It is vital to note that it is a huge production plant that supplies key domestic input (cement) into the economy and employs hundreds of thousands of Nigerians, directly and indirectly. This is aside from its substantial budget for corporate social responsibility outside of taxes.

“Shutting off the factory does not necessarily help the controversial issue of compliance on tax remittable to Kogi state government. Rather a continuous operation of the plant

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Federal Government Enforces No Work, No Pay Policy on Striking Health Workers

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By Yusuf Danjuma Yunusa

The Federal Government has mandated the immediate implementation of the “No Work, No Pay” policy against striking members of the Joint Health Sector Unions and Assembly of Health Care Professionals (JOHESU).

The directive was issued via a circular from the Federal Ministry of Health and Social Welfare (FMoHSW) on Saturday.

Addressed to Chief Medical Directors and Medical Directors of all federal health institutions, the circular was signed by Dr. Disu Adejoke, Director of Hospital Services, on behalf of the Coordinating Minister of Health and Social Welfare. The order is a direct response to the ongoing JOHESU industrial action, which began on November 14, 2025.

Effective January 2026, the policy will apply to all participating JOHESU members and any other staff who join the strike. Hospital managements have been instructed to ensure strict compliance with the policy.

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While enforcing the sanction, the Ministry directed health institutions to maintain critical services—including accident and emergency care, labour wards, and intensive care units—using all lawful means. This may include hiring temporary locum staff. The circular explicitly states that staff willing to work must be allowed to do so “without hindrance or intimidation.”

Hospital authorities are also tasked with ensuring security within their facilities and providing regular updates to the Ministry on the strike’s impact on healthcare delivery. The government reaffirmed its commitment to preserving essential health services nationwide despite the industrial action.

Expert Warns of Systemic Risks

In a related interview with the News Agency of Nigeria (NAN), Abuja-based public health expert Dr. Gabriel Adakole described the government’s move as a legally justified measure to end the strike. However, he highlighted serious implications for Nigeria’s already strained health system.

“JOHESU members—including nurses, pharmacists, laboratory scientists, and allied health professionals—are essential to hospital operations. Their absence critically weakens service delivery, even where emergency units remain open,” Adakole stated.

He cautioned that relying on emergency-only care and locum staff cannot replace full multidisciplinary services, which raises risks to patient safety and treatment outcomes. The policy, he added, could exacerbate financial hardship for health workers, further demoralize the workforce, and accelerate the ongoing exodus of medical professionals from Nigeria.

“Ultimately, patients bear the greatest cost through delayed treatments and reduced access to care,” Adakole emphasized.

While acknowledging that the “No Work, No Pay” policy may compel a quicker resolution, he stressed that lasting stability in the health sector requires meaningful dialogue, trust-building, and sustained investment in both health workers and infrastructure.

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President Tinubu Intervenes in Renewed Rivers State Crisis, Summons Wike

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By Yusuf Danjuma Yunusa

 

President Bola Tinubu has intervened to address the escalating political conflict in Rivers State, reportedly summoning the Minister of the Federal Capital Territory (FCT), Nyesom Wike, to a meeting abroad. This move comes amid renewed impeachment proceedings against Governor Siminalayi Fubara.

The Impending Meeting

According to a top presidency source, the meeting is scheduled to take place in Dubai, United Arab Emirates, following the President’s visit to France. The source indicated that President Tinubu views the latest political maneuvers as a potential threat to stability.

“The President must see the danger in what Wike is doing. I am aware he has summoned him to a meeting in Dubai… Wike cannot impeach Fubara; the President will call him to order,” the source stated. The insider further warned that targeting the state’s first Ijaw governor could provoke unrest in the Niger Delta, with severe consequences for the national economy.

Renewed Impeachment Move

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The crisis intensified on Thursday when 27 members of the Rivers State House of Assembly, loyal to Minister Wike, initiated fresh impeachment proceedings against Governor Fubara and his Deputy, Professor Ngozi Odu.

The seven-count notice, read by Majority Leader Major Jack, accuses the governor of gross misconduct, including the demolition of the Assembly complex, extra-budgetary spending, and failure to comply with a Supreme Court ruling on legislative financial autonomy. Deputy Governor Odu faces allegations of reckless spending and obstructing the Assembly.

Speaker Martins Amaewhule defended the move as being “in the interest of Rivers State,” criticizing the governor for not presenting the 2026 budget.

This development shatters a fragile peace brokered by President Tinubu after a previous impeachment crisis led to a six-month state of emergency in March 2025. The truce collapsed shortly after emergency rule ended, with Wike accusing Fubara of reneging on agreements and vowing to block his second-term bid, despite both now being members of the All-Progressives Congress (APC).

While a presidential aide declined to confirm the foreign meeting, stating only Wike’s camp could do so, senior APC officials revealed growing party discontent.

A national leader confirmed plans to brief the President upon his return, noting that “some of our leaders believe Wike should have respected the President and the party because Fubara is now one of our governors.”

A member of the APC National Working Committee criticized Wike’s actions as “a show of disregard for the President, the APC, and national interest,” suggesting they project the President as weak.

An ally of Minister Wike denied his involvement in the impeachment plot, affirming that “Wike is the number one supporter of Mr President.” The ally confirmed the minister’s return to Abuja on Sunday but did not verify the meeting with Tinubu.

Former Senator Andrew Uchendu described the recurring crisis as “an embarrassment to the people of Rivers State” and called for an inclusive dialogue, urging the President to restore order.

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Group Initiates Recall of Rivers Lawmakers Over Impeachment Move Against Fubara

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By Yusuf Danjuma Yunusa

 

The Association of Legislative Drafting and Advocacy Practitioners (ALDRAP), a legal-focused civil society organisation, has formally commenced the process to recall 26 members of the Rivers State House of Assembly. This action follows the lawmakers’ signing of an impeachment notice against Governor Siminalayi Fubara on Thursday.

In a letter to the Chairman of the Independent National Electoral Commission (INEC), ALDRAP’s Secretary, Tonye Jaja, requested certified true copies of the voter registers for all state constituencies in Rivers. The association claims that many of its members are constituents of these lawmakers and are legally entitled to initiate a recall.

“Notice of commencement of recall of Rt. Hon. Martin Amaewhule, Speaker of the Rivers State House of Assembly and 25 other legislators of the House of Assembly who signed the impeachment notice dated 8th January 2026 and request for certified true copies (CTCs) of the voter register of all the state constituencies of the Rivers State House of Assembly,” the letter reads.

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The letter explicitly cites a Supreme Court judgment from February 2025, which directed the State Assembly to collaborate peacefully with the Governor and resolve conflicts through amicable means. ALDRAP contends that by initiating impeachment proceedings, the legislators have resorted to “belligerent methods” in violation of this ruling.

“Contrary to the judgment of February 2025 of the Supreme Court of Nigeria that enjoined the members of the Rivers State House of Assembly to work in peaceful harmony with the Governor of Rivers State by exploring and exhausting amicable methods to resolve conflicts, the members of the Rivers State House of Assembly have once again initiated belligerent methods.”

Notably, the association highlighted that both the Governor and the lawmakers in question are members of the All Progressives Congress (APC), suggesting internal party dispute resolution mechanisms should have been exhausted first.

“In light of the foregoing, as a public interest organisation of lawyers, the majority of whom are constituents of all state constituencies of the Rivers State House of Assembly, we hereby demand the aforementioned certified true copies (CTC) and put your Commission on notice,” the statement reads.

The impeachment notice, signed by legislators loyal to the former Governor and current Minister of the Federal Capital Territory, Nyesom Wike, accuses Governor Fubara and his deputy, Ngozi Odu, of gross misconduct and unauthorized spending.

This development marks a significant escalation in the ongoing political conflict between Governor Fubara and his predecessor, Nyesom Wike, which has intensified in recent weeks. The move by ALDRAP introduces a new, legalistic dimension to the crisis, potentially subjecting the pro-Wike lawmakers to a direct challenge from their constituents.

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