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Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) - Politics - Nairaland

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Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) by aminulive: 6:06pm On Oct 05, 2022
POLITICSNIGERIA.COM

The Kogi State Internal Revenue Service (KGIRS) has sealed Dangote Cement factory in Obajana, Kogi State.

A staff confirmed the development to POLITICS NIGERIA on Wednesday afternoon, adding that, “in fact, I’m on my way home as we speak”.

This newspaper learnt that the KGIRS sealed the company over tax evasion and acquisition controversy.

The action was reportedly backed by the Kogi State House of Assembly.

Kingsley Fanwo, the Kogi State Commissioner for Information, was quoted as saying: “Pursuant to the Constitutional authorities of the Kogi State House of Assembly, and upon petition by the people of Kogi State, an investigation was carried out on the acquisition of Obajana Cement Company by Dangote Company.

“It was found that no valid acquisition took place, as Dangote could not show evidence of what was paid as consideration for the acquisition.

“The legislators invited the Chairman of the Company, Aliko Dangote, before the house for explanations but he failed to appear before the state assembly, giving excuses.


“The House of Assembly therefore ordered the closure of the company pending when they are able to present it with credible evidence of a valid acquisition.”

At 16.25Mta capacity across five lines, Dangote’s cement factory at Obajana is the largest of three factories in Nigeria.

The company is founded by Nigerian business magnate, Aliko Dangote.
https://politicsnigeria.com/breaking-govt-seals-dangote-cement-factory-pics/

14 Likes 4 Shares

Re: Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) by Nobody: 6:09pm On Oct 05, 2022
Seriously

2 Likes

Re: Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) by GardenOfGod(m): 6:10pm On Oct 05, 2022
Na waoo
Dangote de follow default on tax payment

22 Likes 1 Share

Re: Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) by Urheadmaster(m): 6:12pm On Oct 05, 2022
The way is sealed with red marker shows that Dangote really 'f' uptongue.

25 Likes

Re: Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) by badaru911: 6:17pm On Oct 05, 2022
... Sealed... OK... But what kind of padlock is that.... undecided.. Wood padlock or what.... And isn't that people inside.... Truly sealed....

39 Likes 2 Shares

Re: Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) by AsomughaChuks05: 6:19pm On Oct 05, 2022
Dangote should pay Kogi state the tax due them. Necessary reforms that must be carried out by the next administration are deregulation of the electricity and petroleum sectors, state police and sweeping tax reforms that gives states the authority over company income taxes while FG focuses on collecting license fees.

21 Likes 2 Shares

Re: Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) by GboyegaD(m): 6:28pm On Oct 05, 2022
I understand he might have concessions at the Federal level however, he should know that he should pay the state the tax due to it. I hope every government can wake up and do the needful from time to time.

22 Likes

Re: Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) by BATified2023: 6:28pm On Oct 05, 2022
This dangote guy just dey press our neck through monopoly in Nigeria,imagine a whole country waiting for one man to finish refinery

N tinubu is talking about agricultural diversification by boasting agriculture but some ignorant folks are making mockery of his statement

Confusion is when u complain of dangote monopoly n u also mock tinubu idea of agricultural diversification

44 Likes 4 Shares

Re: Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) by F4ku: 6:29pm On Oct 05, 2022
Lol.. Wahala..
Re: Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) by Michelle70(m): 6:29pm On Oct 05, 2022
That Dangote sabi evade tax.

11 Likes

Re: Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) by YoungLionken(m): 6:30pm On Oct 05, 2022
Between governors Obaseki, Ikpeazu, Ortom, Okowa, El-rufai, Hope, Masari and Yahaya, who's bad, worse and the worst ??.

1 Like

Re: Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) by tonyashburton: 6:31pm On Oct 05, 2022
Na only one phone call Aliko go make,Yeye Bello go dey beg like almajiri.

4 Likes 3 Shares

Re: Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) by dyera(m): 6:31pm On Oct 05, 2022
Evading tax is normal business practice for Dangote. If Nigeria wasn't a lawless country, Dangote would have long been arrested for tax evasion.

8 Likes

Re: Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) by LaSenior: 6:31pm On Oct 05, 2022
grin

Dangote is one of the cabals

Very soon breeze go blow fowl nyash go open

7 Likes

Re: Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) by hamtabfawaz(m): 6:31pm On Oct 05, 2022
Re: Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) by franchasofficia: 6:31pm On Oct 05, 2022
Aliko Dangote became a billionaire through these shady deals as assisted by various Nigerian Presidents:


1.) FOREX waivers. How does it work you may ask? Dangote gets waiver from CBN to buy dollar at CBN rate or sometimes below CBN rate and then he collects the dollar and sells it at black market rate.


Imagine if CBN gives you waiver to buy $500million at 450 naira to $1 and then you collect the $500million and go to black market to sell it at 710 naira to $1, thereby making 260 naira per each $1.


Now multiply $500,000,000 x 260.



He gets this waiver every year, now calculate how much Dangote makes every year from just FOREX waiver only.


2.) He gets tax waiver also


3.) He has free access to obtain loan from any Nigerian bank without collateral and AMCON will never dare seize his assets whenever he defaults as he always do.





Dangote is a scam created by corrupt Nigerian Presidents

26 Likes

Re: Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) by BeLookingIDIOT(m): 6:31pm On Oct 05, 2022
Price of cement about to increase sad

3 Likes

Re: Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) by Topmaike007(m): 6:31pm On Oct 05, 2022
WOW shocked
Re: Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) by Maynmann: 6:32pm On Oct 05, 2022
Dangote is one of the biggest if not the biggest revenue creator in kogi, they should settle it amicably.
Na kogi people go suffer am pass.

7 Likes

Re: Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) by Moferere: 6:32pm On Oct 05, 2022
Right step in the right direction
Re: Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) by GloriousGbola: 6:33pm On Oct 05, 2022
So yeye bellow wants to follow the fayose template.
Re: Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) by DatNaijaGuy: 6:33pm On Oct 05, 2022
Even Dangote sef dey owe. Na im Emeka no wan let me get peace because of common 50k.
Emeka I go pay, I no kee person. Na debt I owe.

1 Like

Re: Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) by timchogon81: 6:33pm On Oct 05, 2022
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Re: Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) by theamazonguru(m): 6:34pm On Oct 05, 2022
GardenOfGod:
Na waoo
Dangote de follow default on tax payment

Most companies do.
That's how most of the corrupt staff of FIRS/IRS make their money.

They negotiate with tax evaders/defaulters, Collect a % of the actual tax.
Money is paid to a private account.
The gang shares the money
Books are kept clean.
Every body smiles and keep a straight face like nothing happened.

Naija I hail thee.

4 Likes

Re: Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) by Triangles1(m): 6:34pm On Oct 05, 2022
SAPA on the beat, wrong state to invest.

Everybody want to milk out on any slightest opportunity.

2 Likes

Re: Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) by Cantonese: 6:34pm On Oct 05, 2022
“ The legislators invited the Chairman of the Company, Aliko Dangote, before the house for explanations but he failed to appear before the state assembly, giving excuses”. How possible? Ordinary members of state HOA to Dangote?

Hopefully they pay their tax to government and move on.
Re: Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) by Ben404040: 6:34pm On Oct 05, 2022
Seal am block am jam
Re: Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) by codemaniacs: 6:35pm On Oct 05, 2022
Kogi state should build a state owned cement company..

4 Likes

Re: Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) by Nobody: 6:35pm On Oct 05, 2022
Someone is just shaking unnecessary table ..I believe the acquisition process is in the public domain, if I remember very well it was built from the scratch , what was acquired was the right to the limestone site ... President Buhari should do the needful ... as CINC
Re: Kogi Seals Dangote Cement Factory Over Tax Evasion, Debt (Pictures) by GardenOfGod(m): 6:35pm On Oct 05, 2022
Obi will change the status quo
theamazonguru:


Most companies do.
That's how most of the corrupt staff of FIRS/IRS make their money.

They negotiate with tax evaders/defaulters, Collect a % of the actual tax.
Money is paid to a private account.
The gang shares the money
Books are kept clean.
Every body smiles and keep a straight face like nothing happened.

Naija I hail thee.

2 Likes

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