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The Kogi State Government said on Friday that it had not reached any agreement with the Dangote Group concerning the ownership of the Obajana Cement Plant.

 

The plant, located in Obajana, Kogi State, has been a subject of controversy as both parties claim to be the legitimate owners of the plant.

 

In a new development, after meetings and interventions by stakeholders, the Kogi State Government has put measures in place to take Dangote Group to court and reclaim ownership of the plant.

 

This was disclosed in a statement by the state Commissioner of Information, Kingsley Fanwo; a copy of which was sent to Saturday PUNCH.

 

Fanwo said the battle for the ownership of the plant was far from over and that the government was ready to “battle it to the end”.

 

Fanwo noted in the statement that the decision was as a result of late night consultations and meeting on Thursday between key government officials led by Governor Yahaya Bello and stakeholders representing the different ethnic groups in the state.

 

Fanwo said at the meeting, which ran into the early hours of Friday, “All stakeholders resolved to head to court in the interest of the people and generations to come.”

 

He also noted that the governor made it clear that there was “no going back on the state’s resolve to reclaim its asset”.

 

This was as he sued for calm in the interest of peace.

 

“This struggle is not about Governor Yahaya Bello or his administration. It is about the people of Kogi State. In the last 72 hours, well meaning Nigerians, leaders and government officials have waded in and have pleaded with the governor to consider reopening of the plant while discussions are ongoing.

 

“The expectations of the over four million Kogites are clear and high and we want to assure them that the Governor and the Government of Kogi State will not compromise the interest of the people of the state to reclaim their rights in the cement company.

 

“There were a series of high-powered meetings to resolve the impasse, including meetings having the Governor and Alhaji Aliko Dangote in attendance.

 

“Discussions were held and statements of interest were established, but there was no agreement yet as some desperate parties are trying to promote in the media to mislead the public.

 

“We shall be non-violent in our approach as we are sure of green pathways to success for the people in this battle for the economic future of our dear state.

 

“However, we maintain that the collective assets of the people of Kogi State must be protected and reclaimed in this instance. And that is the process the government has started. We will fight this battle to the end until we get justice from the courts. No committee can resolve this dispute,” the statement read.

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Breaking: PDP induces people to impersonate political parties, plans press conference.

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2 days ago

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March 25, 2023

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Concerned citizens in Ogun state on Friday raised an alarm over the inducement of some buyable politicians by PDP governorship candidate, Hon. Ladi Adebutu.

 

The insider source revealed that Adebutu, who lost out in the governorship election of last Saturday, has slated a press conference where some people will impersonate the executives of the Ogun State Chapter of Inter-Party Advisory Council (IPAC) along with few politicians claiming to be Chairmen of registered political parties, with a promise of N2 million naira each.

The press conference slated for Park Inn Abeokuta, owned by Ladi Adebutu’s father will hold any moment from now.

 

According to the insider source, “Ladi and his party know they cannot win at the Tribunal because they are quoting a wrong section of the Electoral Act 2022, while ignoring the relevant and applicable section of the law. That is why they are bent on inciting and inducing the public instead of going to the Tribunal”

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Wema Bank Organises Financial Literacy Programme for Students to mark 2023 Global Financial Literacy Day

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2 days ago

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March 24, 2023

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Wema Bank Plc, Nigeria’s leading Innovative Financial Institution is championing financial literacy for the next generation by participating in the Global Money Week to commemorate the Financial Literacy Day on March 23, 2023.

 

In alignment with the theme “Plan your Money, plant your Future”, Wema Bank organized financial literacy sessions for secondary school students across all states where the Bank is represented. This is to instill an early understanding of the significance of building a solid financial foundation and achieving financial stability and success from a young age.

 

The Deputy Managing Director of Wema Bank, Mr. Wole Akinleye, led the Financial Literacy Session at Yola Model School, Adamawa State. The students were trained on personal finance topics such as budgeting, emergency funds, saving for goal actualization, investment, donating for positive societal impact amongst others. He further encouraged the students on the importance of developing financial literacy as a life skill.

 

Speaking on the significance of Financial Literacy Week, Mr. Akinleye emphasized Wema Bank’s commitment to empowering young minds with the skills and knowledge necessary to make informed financial decisions. In his words, “Our hope is that through these initiatives, we can empower more individuals to take control of their finances and achieve financial stability.”

 

Financial literacy is vital for the achievement of financial stability, and it is essential to ensure that everyone has the necessary tools to manage their finances effectively and achieve their financial goals. Wema Bank Plc is committed to providing educational resources and opportunities for children through the Royal Kiddies Account and a range of other savings products, supporting financial empowerment for the next generation.

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