The Management of NASCO Group Nigeria has described as defamatory and slanderous a content currently being circulated on social media about the company.

A report has alleged the business of being associated with the sponsorship of terrorism in Nigeria.

Reacting to the claims, NASCO in a statement on Wednesday said it has never, and will never be sponsors to any criminal act, organization or violence of any kind that will disrupt the peace and tranquility of the Nigerian state or any country in the world.

While rejecting the ‘false report', NASCO explained that the report was released in a clearly orchestrated manner with malicious intent, aimed at causing commercial damage to its brands.

The statement read partly: “after the unfortunate events of 2001, thousands of people and entities around the world were subjected to various investigations.

“A detailed examination by the United Nations Security Council and the US Government totally exonerated NASCO’s late founder, Dr. Ahmed Nasreddin, and his business interest of all false allegations.

“It was clearly established that NASCO was never at any time associated with the sponsorship of terrorism - directly or indirectly - anywhere in the world.

“(Reference: United Nations Security Council Resolution SC/9172 dated 15 November 2007 & United Nations Security Council Resolution S/2008/25 dated 17 January 2008).

“A similar investigation was carried out by the NAtional Intelligence Agency of Nigeria, where it also came to the same conclusion, thereby exonerating our late founder and NASCO Group of any act or complicity in the sponsorship of terrorism in Nigeria or in any other country.

“(Reference: National Intelligence Agency of Nigeria, Report to the Presidency, dated 11 April 2008) Contrary to false allegations, at no time were the assets of NASCO Group Nigeria and/or any of its associated trade, commercial and business interests ever seized nor their accounts frozen due to any of these investigations. NASCO can also categorically affirm that it has never been associated with nor had businesses dealings with any of the persons mentioned in the false report.

“NASCO Group is one of the leading companies in Nigeria, with an acknowledged legacy of working towards the economic growth and development of the nation, while positively impacting the lives of millions of people. Since 1963, the company has been committed to best practices in the manufacturing of quality products of international standards.

“Over the last 58 years, NASCO has achieved many milestones and is still contributing significantly to Nigeria’s rich agricultural and industrial heritage.

“The company directly employs thousands of talented people across its various sites, and indirectly sustains the employment and livelihood of thousands more people across the nation.

“We actively support thousands of local farmers from whom we source maize for our award-winning, whole-flaked NASCO Cornflakes.

While condemning the report, NASCO said it speaks volumes that the individual responsible for the mischievous article chose to only feature false allegations almost two-decades old, while intentionally leaving out the final UN resolutions and the accompanying exonerations, adding that the truth will always prevail.

It, however assured that NASCO will continue to “provide quality life” for Nigeria and its people.

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