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AMCON takes over Gateway Portland Cement

Posted by: Lolade in Business Comments Off on AMCON takes over Gateway Portland Cement

AMCON has taken over Gateway Portland Cement.

Asset Management Corporation of Nigeria (AMCON) has taken over Gateway Portland Cement Limited.

This followed an injunction which the federal high court, Abeokuta, granted against the company on Friday.

 

 Charles Adeogun-Phillips, AMCON’s receiver, took possession of Gateway Portland Cement Limited factories and facilities located in Abeokuta and Mowe areas of Ogun state.

 

Detail shortly…

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