Dangote announces cabals still fighting against his $20b refinery because they no longer benefit from fuel subsidy
By Jeph Ajobaju, Chief Copy Editor
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“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.
“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 ….
“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” – Dangote.
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Aliko Dangote has announced that the “cabal” in Nigeria’s oil and gas sector is still fighting against his eponymous refinery, a facility built at a cost of $20 billion to produce 650,000 barrels of refined crude per day.
“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 at an investors’ forum in Lagos at the weekend.
“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 expressed confidence that he would win the battle between him and the groups, priding himself on being a long-time fighter, per Semafor, a global news platform.
“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.”
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