Dangote-cement

The management of Dangote Group has insisted that BUA Group is not the owner of the mining sites in Obu, Okpella, Edo State.


Dangote, in a statement, has therefore advised the regulatory agencies to disregard  the claim and publication by  the BUA Group.


The statement released by the Group Executive Director, Devarkumar Edwin, reads; “In 2014,the Dangote Group and AICO entered into an agreement for the transfer of 2541ML from AICO to Dangote Group.


Edwin said that AICO thereafter applied to the ministry of Mines for the approval of the Transfer vide  a Mining Lease Transfer form dated 11 July,2014, adding that in 2016, the Ministry of Mines wrote the Dangote Group  to convey the approval of the Ministry for the Transfer/ Assignment of 2541ML from AICO to Dangote Group with effect from 3 February. 2016.


He stated that following the approval of the Ministry. the Dangote Group became the legal holder and owner of the Mining Lease  No 2541ML adding that the 2541 certificate was endorsed to reflect the Transfer from AICO to  the Dangote Group.


Dangote Group stated: “Once a party is aware of a pending Court process, even when the Court has not made a specific injunctive order, patties are bound to maintain the status quo pending the determination of the Court process.

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It said that on 9 October, 2019 while it’s incompetent fundamental right suit was still pending, BUA Group through its subsidiary (Edo Cement Company Limited) applied to the Director General of the Mining Cadastre Office Center, Abuja for the renewal of the Mining leases No’s 18912 and 18913.
It added that in response to the  BUA Group’s  renewal Application, the Mining Cadastre Office in Abuja in it’s letter dated 18 October, 2019 wrote back to BUA Group to inform them in very categorical terms that the mining leases  No 18912 and 18913 were non existent and we’re not valid mineral titles.

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