HomeNewsDala Inland Dry Port reacts to Ganduje family ownership allegations

Dala Inland Dry Port reacts to Ganduje family ownership allegations

Date:

Related stories

EFCC questions NAHCON chairman over multi-billion naira fraud

The Economic and Financial Crimes Commission (EFCC) is investigating...

FG pledges end to university strikes, approves N150bn for education

The Federal Government has expressed its commitment to ending...

Emir Sanusi gives reasons for Nigeria’s economic decline

The 16th Emir of Kano, Muhammadu Sanusi II, has...

Nigerian Newspapers: Top 10 Stories to Start Your Wednesday Morning

Nigerian Newspapers Summary Good morning! Here is today’s summary from...

Tinubu accepts resignation of Innovation Minister Geoffrey Nnaji

President Bola Ahmed Tinubu has accepted the resignation of...
spot_img

The management of Dala Inland Dry Port Limited has dismissed reports alleging that members of the family of former Kano State Governor, Dr. Abdullahi Umar Ganduje, hold shares in the company.

READ ALSO: Kano govt investigates Ganduje’s family over alleged N4bn Dala Dry Port diversion

In a statement issued in Abuja on Wednesday, the Company Secretary, Adamu Sanda, described the reports as “false, misleading, and politically motivated.” He clarified that neither the Ganduje family nor the Kano State Government has any form of ownership or control in the firm.

According to Sanda, official records from the Corporate Affairs Commission (CAC) and company board resolutions confirm that no member of the Ganduje family has ever been listed as a shareholder, director, or signatory to any document relating to Dala Inland Dry Port.

The company further dismissed a purported “ordinary resolution” circulating on social media that allegedly allotted shares to Ganduje’s children, saying the document is fake and does not originate from the firm.

Explaining the ownership structure, Sanda noted that the company was initially owned and managed by businessman Ahmad Rabi’u and his associates before City Green Enterprises (CGE) invested in the project. CGE currently holds 80 percent of the company’s shares, while Rabi’u retains 20 percent, which he has yet to fully pay for.

The statement also clarified that the Kano State Government has never had any equity stake or representation on the company’s board. However, the state government had supported the project through Corporate Social Responsibility (CSR) initiatives, provided at the request of the Nigerian Shippers’ Council (NSC).

Sanda stressed that such CSR support does not amount to shareholding or ownership in the company, reiterating Dala Inland Dry Port’s commitment to transparency and ethical business practices.

Subscribe

Latest stories

LEAVE A REPLY

Please enter your comment!
Please enter your name here