The fight for survival of my refinery is not yet over as cabals are still after me–Dangote
Africa’s richest businessman, Alhaji Aliko Dangote, made it clear that the journey to get his $20 billion refinery fully operational is far from over.
Speaking at a recent investor forum in Lagos, the President of Dangote Group revealed ongoing resistance from powerful interests tied to Nigeria’s long-standing fuel import system.
“I’m still fighting for the survival of the refinery,” Dangote said, referring to his 650,000 barrels-per-day facility in Lekki, Lagos. “The fight is not yet finished, but I will win.”
According to a report by international news outlet Semafor, Dangote believes certain groups—who have profited for decades from government-subsidized petroleum imports—are actively working against the refinery’s success.
Dangote pointed to these individuals as key players opposing both the refinery’s progress and the recent removal of petrol subsidies by President Bola Tinubu’s administration.
“These are people who have made a lot of money for a very long time from the old system,” Dangote explained. “They’re not giving up easily.”
Despite the resistance, Dangote remains resolute. Known for his business tenacity, he emphasized that he’s no stranger to tough battles—and this is one he intends to win.
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