Dangote revealed a friend who invested abroad is taunting him over recent issues with the Nigerian government regarding his refinery project
Dangote expressed frùstration over obstacles faced and is ready to let NNPC buy him out to run the refinery
Africa’s wealthiest man, Aliko Dangote, revealed that a friend who started investing abroad four years ago has been taunting him over recent issues with the Nigerian government regarding his refinery project in Lagos.
Dangote has faced challenges with the government, particularly concerning the importation of crude oil and its refinery operation. Recently, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) announced that the government had not yet licensed the Dangote refinery to begin operations in the country.
Farouk Ahmed, the CEO of NMDPRA, stated that claims of efforts to obstruct Dangote’s refinery operations due to the lack of crude oil supply from International Oil Companies were unfounded. He added that the refinery was still at the pre-commissioning stage and had not been licensed. Ahmed also claimed that the diesel produced by Dangote was below international standards, a claim Dangote refuted.
In an interview, Dangote recounted how a friend he had urged to invest in Nigeria out of patriotism is now taunting him. “Four years ago, one of my wealthy friends began investing his money abroad. I disagreed with him and urged him to rethink his actions in his country’s interest. He bla.med his action on policy inconsistencies and shenanigans of interest groups. That friend has been taunting me in the past few days, saying he warned me and that he has been proven right,” Dangote said.
Peoplesmind
