Aliko Dangote, the richest man in Africa and the president of the Dangote Refinery, has maintained that the “cabal” in Nigeria’s oil and gas industry continues to thwart the operation of his 650,000 barrels per day facility.
Semafor, a global news portal, claims that Dangote revealed this information at an investment meeting in Lagos over 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 further stressed that “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.”
However, Dangote was confident that the battle between him and the groups would be won, priding himself on being a long-time fighter.
“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 was quoted.
Remember how the Dangote Refinery began selling gasoline in September 2024? As a result, petroleum imports into Nigeria significantly decreased.
During his inauguration speech in May 2023, President Bola Ahmed Tinubu declared that the fuel subsidy will be eliminated.
