AshakaCem Loses N4.5bn To Insurgency

As a result of the Boko Haram attack on the company’s cement plant at Funakaye local government area of Gombe state AshakaCem Plc, says it has lost over N4.5 billion .

Chairman of the company, Suleiman Yahaya made this known at the palace of the Emir of Gombe after presenting 100 bags of polished rice to the internally displaced persons (IDPs) resident in the state.

“In spite of the fact that we have lost over N4.5 billion from those two attacks, we are determined to ensure that Ashaka Cement is one of the only surviving institution in the entire North-eastern Nigeria”, he said.

According to revelations the company lost over 10 trips of Ammonium Sulphate and that more than 18 Toyota Hilux vans 10 brand new ambulances were either taken away or vandalized by the insurgents.