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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.

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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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Nigeria, U.S. Inaugurates Defence Working Groups 

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Nigeria and the United States have inaugurated Defence Institutional Technical Working Groups to strengthen security cooperation and address terrorism and regional instability.

 

This was disclosed in a statement on Tuesday.

 

It said the inauguration, held under the 2026 Defence Cooperation Roadmap, was aimed at enhancing institutional capacity and improving joint efforts to tackle evolving security challenges.

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The head of the U.S. delegation, Cate Dave, said the initiative would support strategic planning and help deny terrorists safe havens.

 

He restated the importance of institutional development in achieving effective counterterrorism outcomes.

 

On his part, the leader of the Nigerian delegation, AVM Francis Edosa, described the partnership as critical to addressing security threats in Nigeria and the wider region.

 

Mr Edosa said the collaboration would focus on strengthening the Armed Forces of Nigeria’s warfighting capabilities and improving its responsiveness to security challenges.

 

He added that the initiative would help restore lasting peace and stability across the country.

 

Both sides underscored the need for practical outcomes, accountability and sustained collaboration to enhance security and regional stability.

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Family Holds 7th Day Remembrance for Late Hajiya Hajara Sulaiman

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Family members, friends, and well-wishers have gathered to mark the seventh-day remembrance (Fidau) of Hajiya Hajara Sulaiman, a revered matriarch who passed away at the age of 98.

 

The solemn occasion, held in accordance with Islamic tradition, was filled with prayers and reflections on a life described by loved ones as devoted, impactful, and deeply rooted in faith. Quoting the Qur’anic verse, “Kullu nafsin za’iqatul maut” (Every soul shall taste death — Qur’an 3:185), family members were reminded of the inevitability of death and the importance of a righteous life.

 

Late Hajiya Hajara Sulaiman was remembered as a pillar of strength within her family and community. Known for her patience, wisdom, and unwavering faith, she played a guiding role in the lives of many. Her teachings emphasized love, respect, and consciousness of Allah—values her family says will continue to shape future generations.

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Relatives described a profound sense of loss since her passing, noting that her absence has left a noticeable void in the home. Her voice, warmth, and presence, they said, are deeply missed. However, they also expressed gratitude for her long life and the peaceful manner in which she returned to her Creator.

 

She is survived by her children Ahmad Tijjani Inuwa, Bashir Muhammad Galadanchi, Ummukulsum Muhammad Inuwa, Imam Inuwa (Gwale), Sa’adatu Muhammad Inuwa, and Maimuna Muhammad Inuwa as well as numerous grandchildren and great-grandchildren.

 

During the remembrance, prayers were offered for her soul, asking Allah to forgive her shortcomings, grant her mercy, and admit her into Jannatul Firdaus. Among the supplications recited were: “Allahumma ighfir laha, warhamha, wa’afiha, wa’fu anha” (O Allah, forgive her, have mercy on her, grant her peace, and pardon her), and “Allahumma aj‘al qabraha rawdatan min riyadil jannah” (O Allah, make her grave a garden from the gardens of Paradise).

 

The family concluded the event with heartfelt prayers, expressing hope that her legacy of faith and kindness will endure. They affirmed that though she has passed on, her memory will continue to live in their hearts.

 

The statement was signed on behalf of the family by Imam Inuwa Gwale.

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Report: FCT Communities Decry Water Scarcity, Call for Intervention

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According to Daily Trust, residents of communities along the Airport Road corridor in the Federal Capital Territory (FCT) have raised alarm over persistent lack of access to potable water, describing the situation as a daily struggle.

 

Communities including Lugbe, Aco Estate, Goza, and Sauka say taps have remained dry for months, forcing households to depend on costly water vendors and unreliable boreholes while awaiting intervention from the FCT Water Board.

 

In Lugbe, one of the worst-hit areas, residents say they feel abandoned despite ongoing water projects across the capital.

Mrs. Grace Adebayo, a resident of Aco Estate, said her family now spends thousands of naira weekly on water.

“We are suffering in silence. The government keeps commissioning projects on television, but nothing is reaching us here,” she said.

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A youth leader in Goza, who spoke anonymously, warned that the crisis is fueling water-borne diseases.

“Our children are falling sick because we rely on shallow wells,” he said.

Another resident, Olugbenga Ajayi, decried failed borehole projects in the area. “Landlords keep digging boreholes without success. It’s a waste of money. We are suffering and need government help,” he said.

 

In Sauka, residents expressed frustration that despite water pipelines running through their community, supply has yet to be extended to their homes.

The residents are calling on the FCT Water Board to urgently expand water distribution to the Airport Road axis, noting that reliance on private vendors is unsustainable.

“We pay taxes and deserve basic amenities like those in the city centre,” a Lugbe resident said.

 

Their plight contrasts with recent high-profile water projects by the FCT Administration. In June 2025, President Bola Tinubu commissioned the $470 million Greater Abuja Water Supply Project, facilitated by FCT Minister Nyesom Wike, who has repeatedly pledged to end water scarcity.

 

The administration also flagged off the rehabilitation of the Phase II Water Treatment Plant at Lower Usman Dam and the N90 billion Bwari Township Water Supply Project, aimed at improving water access across the territory.

 

While authorities recently attributed citywide shortages to a damaged pipeline caused by a private developer, residents along Airport Road insist their communities have long been neglected.

 

They warned that without urgent intervention, the worsening water crisis could further threaten public health and livelihoods.

 

The newspaper said that efforts to reach the FCT waterboard authorities were unsuccessful.

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