Stella Dimoko Korkus.com: Dangote Accuses BUA Of Stealing And illegally Mining Limestone On Its Properties

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Monday, December 18, 2017

Dangote Accuses BUA Of Stealing And illegally Mining Limestone On Its Properties

Management of Dangote Group over the weekend accused BUA of engaging in illegal mining of limestone deposited in its Mining Lease No. 2541, located in a boundary town of Oguda/Ubo in Okene Kogi State.




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L-R: Acting Chief Executive Officer, Dangote Cement Plc, Engr. Joseph Makoju; Group Executive Director, Strategy, Capital Projects and Portfolio Development, Dangote Industries Limited, Devakumar Edwin; and Mining Consultant to Dangote Industries Limited, Taslim Jimoh, during a press briefing to debunk the claims by BUA Group on allegation of Dangote Cement sabotaging operations of BUA Cement in Edo and Kogi State, in Lagos on Sunday, December 17, 2017


Dangote’s Executive Director, Mr. Devakumar Edwin frowned at the media war, instigated by BUA against the Dangote Group, over a matter which is already pending before the Federal High Court, Benin Division.


Edwin revealed that: “Dangote Group validly acquired its interest and mining title in the disputed Mining Lease No. 2541 from AICO Ado Ibrahim & Company Ltd sometime in 2014. AICO itself had applied to the Mining Cadastre Office and Ministry of Mines and Steel Development for the said Mining Lease No. 2541 located in a boundary town of Oguda/Ubo in Okene Kogi State in 2007. 



The Ministry in exercise of its power under the Nigerian Minerals and Mining Act, 2007 granted and issued to AICO ML. No. 2541 for the renewable period of 25 years effective from 1st February 2008 and to expire on 31 January, 2033. Thus AICO by virtue of the said grant, became vested with the legal title over ML. No. 2541. In 2014, the Dangote Group approached AICO and indicated interest in acquiring AICO’s stake in ML No. 2541. In 2014, AICO in exercise of its right under the Mining Act, applied to the Ministry for the transfer of its title in the ML No. 2541 to Dangote Group. AICO and Dangote Group equally paid all the transfer and statutory fees demanded by the Ministry.”



He further explained that:” By a letter dated 05 February 2016, the Ministry wrote to the Managing Director of the Dangote Group to convey the approval of the Ministry for the Transfer/Assignment of ML No. 2541 from AICO to Dangote Group with effect from 03 February 2016. Following the successful transfer of ML. NO. 2541 to Dangote Group, the Group became the holder of the Mining Lease No. 2541.”


He said even BUA in its process in Court acknowledged that these illegal mining leases which it claimed were granted in 1997 were temporary mining leases.
Edwin also recalled that the then Minister for Solid Minerals under Olusegun Obasanjo’s regime, Dr Oby Ezekwesili sometime in 2006 waded into the dispute and invited the managements of Edo Cement Company Limited and AICO Ado Ibrahim & Company Limited for a meeting and that in the course of the meeting the then Minister again queried the legality of Mining Lease Nos 18912 and 18913 and the power of the Governor of Edo State to grant such mining leases.



“At the end of the Meeting, the Minister declared the Edo Cement’s Mining Leases Nos. 18912 and 18913 illegal and declared the mining site open for interested investors. Given that AICO’s then existing Mining Lease No. 17825 was yet to be renewed even though application for renewal was pending, AICO in 2007 (under the Mining Act, 2007) applied for the fresh Mining Lease No. 2541 and the Ministry granted it in 2008 without any objection from Edo Cement Company” Edwin said AICO, who sold the right to Dangote, continued its mining operations in the Mining Lease No. 2541 undisturbed until BUA Group acquired Edo Cement Company Limited and resuscitated the dispute again.



Edwin further revealed that it was the attempt by BUA to encroach on AICO’s mining title in Mining Lease No. 2541 that prompted AICO to write to the Ministry in 2015 complaining of BUA’s encroachment.


He said: “The Ministry after investigation in the same 2015 by the letter dated 21 January 2015 wrote to the Chairman of BUA Group directing BUA to stop mining within the ML. No. 2541. It was this same letter from the Ministry that prompted BUA to file a Suit at the Federal High Court Benin in 2016.”



Edwin said: “It is therefore appalling that BUA Group in the midst of these overwhelming facts will still want the public to believe that Dangote Group is after its business when in actual fact BUA has been the one mining illegally in Dangote Mining Lease and attacking its officials without any justification… The crocodile tears being shed by BUA in its cry for help and open letter to the President is most laughable and a total distraction from BUA’s continuous illegal activities within Dangote’s ML 2541 aimed at depleting and exhausting the limestone reserves in order to sabotage Dangote Group’s legitimate investment.”

19 comments:

  1. Engr.Joseph Makoju? NEPA? na same people na. Rob me I rob you.

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    1. Dangote is a brutal and selfish man that has monopolies commodity business in Nigeria through his relationship with people in Govt. And is a shame that they gave him such power to take down any competitor. And people wonder why there is no progress in Nigeria, because there is no competitors in the marketplace which is good for the consumer. He destroys anyone fit to compete with him reason why a lot of people were afraid of him with the exception of BUA that tread on the same level as him. Shane on him

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    2. Dangote is a selfish man and I remember how he ran after his bestie (Femi Otedola) then because he went into rice business, Femi had to raised an alarm that Dangote was after his life and he was so terrified of him before Obasanjo settled the situation then. Never like him though and I wonder what he has done to help the community. He can do better than building Million Naira mosque that doesn't put food in people's stomach after all TO WHOM MUCH IS GIVEN, MUCH IS EXPECTED

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    3. We have a very foolish people in our govt reason being that how can our govt give one person the power to control the commodity business in a big country like Nigeria? Just wonder why

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    4. @anonymous 11:19 I beg to disagree with you. Dangote is not the selfish one here. BUA sold flour milling business and did not bring back the foreign exchange to the country and he is not paying taxes as well. At least, Dangote is massively investing and changing the lives of people even through his foundation. Or when did it become a crime to want to help your own people.

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    5. Right from BUA's father's days, they were buying vegetable and falsely declaring it as lube oil. It further establishes how deceitful BUA is!!

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    6. Is this a new thing? BUA's ex-employees have alleged that he was round tripping money. He also does not pay dues of disengaged employees.

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    7. News made the rounds regarding BUA's illegal diversion of scarce foreign exchange. That's more or less money laundering which contributs to economic sabotage.

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  2. That man's beard is disgusting abeg.

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  3. Replies
    1. But one of them which is Dangote is PURE SELFISH AND EVIL MAN and people shouldn't be deceived by his calm demeanor.

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    2. Anonymous 11:31 BUA is the definition of evil o. He arranged for beating up of Dangote staff. Infact,his CSO has been convincted in court and sent to prison for 1year

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    3. But it's BUA that is stealing gas. Heard they are not paying.

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  4. Na wa. Thought Dangote and BUA had a business agreement

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    1. Just so you folks know, Dangote is a ruthless and heartless business man and the Govt is enabling him

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  5. Stella if I drop gist for you on this man called dangote and that his hangman Edwin u go Fear, he's the worst employer of labour, treats his Nigerian workers anyhow, at time delay salary for no reason, do you know that those Indians that has little education earn much more than their Nigerian counterparts, and they pay them on time and treat them well. he has zero regards for Nigerians working their.

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    Replies
    1. Abeg drop d gist o. As e dey hot.

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    2. He doesn't delay salary hope.
      No dey lie. I work for him.
      I get paid before 27th of every month.
      The least person in can vote earns at least 80k.
      Know your facts before you speak

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  6. BUA funds offshore investments without any exports. Where do they get the money from?

    ReplyDelete

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