Mangal Industries Ltd. on Wednesday said it was ready to make the necessary payments for a mining site in Kogi, relocate 52 households with full compensation.

The company’s spokesperson, Mallam Mohammed Bello, said this during Kogi Assembly’s Ad-hoc Committee’s public hearing on activities of companies doing business in Kogi.

Bello said the company had a plan in place for the relocation, but that what was left was the area to relocate the affected households.

“Once they show us the place they want to be relocated, we shall kick start the process by paying compensation, clearing up the place and constructing two-bedroom and three-bedroom flats for them.

“As regards our business, we are ready to pay for the Certificate of Occupancy (C of O) and other charges for us to start business in Kogi on a clean slate.

“In fact, since 2021 we were ready to pay the ground rent and the C of O but for our request for a discount.

“But all the same, if that’s not forthcoming, we shall proceed to pay those charges given to us.

“We wish to state here too that we are open to the government having equity share in our company, ” he said.

The spokesperson said he tendered all the documents the house requested as regards the company’s interest in Kogi.

Speaker of the House, Mr Matthew Kolawale, told the company that the ad-hoc committee would study the documents, and that Kogi wouldn’t mind a stake in the company.

“We wish to advise that in commencing your business in Kogi, you should do all that is needed so that you won’t be called back.

“Since you just furnished us with the relevant documents we asked for, we will give you another date to come back here for the hearing.

“As a government, we wouldn’t mind investing in your company, but first make a proposal to us and we will definitely consider it and take it without any hesitation if it is good,” the speaker assured.