Dangote Cement

The management of Dangote Industries Ltd. (DIL) claims that it fully owns the Obajana Cement Plant and that all legal procedures were followed in its 2002 acquisition.

The Obajana Cement Plant, one of the major taxpayers and the vehicle for one of the largest corporations with investments from hundreds of Nigerian and foreign investors, is regarded by the group as one of the most important elements of economic activity in the country.

"Again, well after it had purchased the shares of the Obajana Cement Company, DIL was fully responsible for the conception, design, acquisition, construction, and payment of the plant and machinery.

The facility is capable of producing 6 million metric tonnes of cement per year, raising the company's total production by 40 percent at the time.

[10] The plant was installed by the Chinese construction and engineering firm Sinoma, and represents one of the largest non-oil investments in Nigeria.