Benue Investment Company demands N65bn accrued dividends from Dangote

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From Uche Nnorom, Makurdi

The Benue Investment and Property Company Limited (BIPC) has demanded from the Dangote Cement the payment of the company’s accrued dividend and other entitlements since the takeover of the Company amounting to Sixty Five Billion, Eight Hundred and Seventy One Million, Two Hundred and Ninety Three Thousand, Two Hundred and Twelve Naira, Thirty Kobo as at 1st August 2024.

BIPC is also demanding to be on the board of Dangote Cement Company PLC as Deputy Managing Director in addition to having 10 percent equity as well as Benue State government having 2 members on the board of Dangote Cement Company.

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Managing/Chief Executive Officer, BIPC Dr. Raymond Asemakaha who made the demand at a press conference in Makurdi, said BIPC still has holdings under the defunct Benue Cement Company, BCC, which is now Dangote Cement Company PLC.

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