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Sat, Apr

We Are Not The Only Beneficiary Of Export Waiver – Dangote React

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The Group Chief, Branding and Communications, Dangote Group, Anthony Chiejina, has described the report by Bloomberg claiming that the Federal Government has granted a sole waiver to export cement to neighboring countries as misleading and mischievous.

Adedamola Adeniyi, a Lead, Digital Marketing, and communication at the Dangote Group made the statement yesterday on behalf of, Mr. Chiejina saying the information was misleading as Dangote is not the sole beneficiary of the Presidential waiver to move goods across the land border.

He revealed that BUA Group and a gas company are other companies that have enjoyed similar gestures of moving goods across the land border.

According to him, the reporters were being mischievous with their report “because it focused only on Dangote Cement as the sole beneficiary of the partial special dispensation”

He added, “Dangote Cement is a publicly quoted company and complies strictly with the Securities & Exchange Commission (SEC) and Nigerian Stock Exchange (NSE) full disclosure clauses and regularly update transparently our transactions to our shareholders and it is disheartening that such honest disclosure is being interpreted negatively.”

The statement further revealed that contrary to the Bloomberg report that Dangote was the only beneficiary, other sources have confirmed that other companies different from Dangote have also benefited from similar gestures of transporting goods across the land borders.

Meanwhile, Joseph Attah, the spokesperson of the Nigerian Customs Service has cleared that air that BUA group and a  Gas company has also enjoyed similar gestures of the Presidential waiver.

He said, “Dangote Cement and other companies in July 2020 got partial special dispensation to export their products with a certain sequence of crossing at Ilela land border in Sokoto State and Ohumbe land border in Ogun State, it clarified.”

 

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