By Uzair Adam Imam
The BUA Group responded to the threat by the Kogi State Assembly to revoke the 500-hectare land allocated to the company a decade ago, saying the group is no longer interested in the land.
On Monday, the Kogi State House of Assembly summoned the cement firm to account for why it failed to pay the premium and other charges.
The assembly alleged that the company did not pay the charges despite being issued a certificate of occupancy
But, the management of the company, in a statement Tuesday, said the feasibility studies had shown that only about 30% of the entire land mass is suitable for their investment, while the rest (66%) consists of rocky, hilly and/or undulating areas.
The company also stated that the government had failed to provide infrastructure to make the area accessible, adding, “The land could also be reached by water.”
This is, however, coming amidst a crisis with the Dangote Group over the ownership of the Obajana cement plant in Kogi State.
The conflict deepened last weekend as the state government and Dangote Cement Plc continued to lay claims to the facility.
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