The President of Dangote Group, Aliko Dangote, has alleged that ‘cabals’ within Nigeria’s oil and gas sector, who lost out after the federal government removed fuel-import subsidy are still plotting to ensure his 650,000 barrels per day refinery fails.
According to Semafor, a global news platform, the Africa’s richest man made this known at an investor forum in Lagos at the weekend.
He said, “For a very, very long time, those that have made a lot of money from government-subsidised oil imports into Nigeria were the ones trying to sabotage the $20 billion worth of refinery situated in Lekki, Lagos.”
He said: “those groups have funded resistance to the Bola Tinubu government’s removal of petrol subsidies and are opposed to the refinery operating easily in the country.”
Dangote, who described himself as a long-time fighter, assured Nigerians he’ll win the war.
“We’re fighting, and the fight is not yet finished. But I have been fighting all my life, and I am ready and 100 percent sure I will win at the end of the day,” he further said.
In May 2023, President Bola Ahmed Tinubu announced the removal of the fuel subsidy during his inauguration speech
Subsequently, Dangote Refinery kicked off the sale of petrol in September 2024, leading to a significant drop in fuel imports into Nigeria. .
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