Investors Warn Ebonyi Govt Over Nigercen

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Eastern Bulkcem Company Limited, the core investor in the Moribund Nigerian Cement Company (NIGERCEM) Nkalagu, Ebonyi State, has warned against moves by the state government through the chairman of Ishielu local government council to persuade all the traditional rulers of the four host communities of the company not to sign.
The ploy, the company explained, is for the state government to take over the firm where it has about 60 per cent controlling shares and as such stands the rightful owners of the company.
In a release signed by the Project Public Relations Officer, Obinna Nwachukwu, the firm alleged that the state government recently summoned a meeting of the traditional rulers and community leaders of Nkalagu, Umuhuali, Amaezu and Nkalagu, Umuhuali, Amaezu and Nkalaha autonomous communities.
The release stated that each traditional ruler was asked to sign alongside five leaders of his community, making a total of 24 signatories, which it alleged that community leaders refused.
It added that the council chairman acting on the orders of the state government has issued a directive to each of the community chiefs and leaders, appeared in his office last week, to sign the document and failure of which would attract severe sanctions.
“We view with all seriousness, this latest onslaught by over zealous officials of Ebonyi state government who in their desperation to justify acts of illegality including planting militia-men in our factory have resorted to intimidation, harassment and arm-twisting of our host communities to go contrary to their conscience,” it added.

Governor Ikedi Ohakim of Imo State addressing journlaists on his programme for the state, recently.
Governor Ikedi Ohakim of Imo State addressing journlaists on his programme for the state, recently.