Nigeria: The Ebonyi State Government in Nigeria has warned Ibeto Cement Company over an alleged illegal entry into the premises of Nigercem cement premises located at Nkalagu. The entry was perceived as an act of provocation by governor Martin Elechi of Ebonyi State, as Nigercem is still subject of an ownership dispute in the courts.
"Following dispute between the State government and Ibeto Group on the ownership of Nigercem, Ebonyi State Government exercised its illegal right of land ownership by revoking the certificate of all the land upon which Nigercem is situated," said Elechi. "By going into the premises of Nigercem without the permission of the State Government, the Ibeto Group has demonstrated an alarming desire to acquire the God-given mineral wealth of Ebonyi people for its interest".
Eastern Bulkcem Nigeria Limited owns a 65% stake in Nigercem. The origins of the current dispute arise from Eastern Bulkcem's failure to modernise the ageing plant, instead opting to use its ownership of the plant to obtain import licences for bulk cement. The Ebonyi State Government resorted to extra-judicial means to shut it down, revoking Nigercem's certificate of occupancy pending a Judicial Commission to investigate the state of affairs in the company.