*State: No payment was paid, vows to recover company
Ibrahim Oyewale, Lokoja and Dike Onwuamaeze in Lagos
The Manufacturers Association of Nigeria (MAN) has berated Kogi State government for allegedly engaging armed youths to enforce the sealing of the Dangote Cement’s factory located in Obajana, describing the action as insensitive and capable of discouraging investors.
The association’s position on the matter came just as Kogi State government has presented to the public the report of the Specialised Technical Committee on the Evaluation of the Legality of the alleged acquisition of Obajana Cement Company Plc by Dangote Cement Company Limited.
The President of MAN, Mr. Mansur Ahmed, told journalists yesterday in Lagos, during a press briefing on the 50th Annual General Meeting (AGM) of the association that the body viewed the news of the shut down the cement factory as worrisome development and with tremendous concern.
He said it was alarming…
Source: Thisday Newspaper
