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Ndokwa Vanguard

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My friend who warned me against investing in Nigeria now taunting me – Dangote says

Jul 23, 2024

Aliko Dangote has said that a friend who warned him against investing in Nigeria is taunting him now for ignoring his advice.

The President of Dangote Group disclosed this in an interview with Premium Times on Sunday, July 21.

He granted the interview after reports quoted the Nigerian Midstream and Downstream Petroleum Regulatory Authority as claiming that diesel from Dangote Refinery is of inferior quality.

Reacting, Dangote said: “Four years ago, one of my very wealthy friends began to invest his money abroad. I disagreed with him and urged him to rethink his actions in the interest of his country.

“He blamed 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.”

He said he invested in the refinery to help solve a major issue in the country, as he wondered why some people were working against him.

He added, “As you probably know, I am 67 years old. In less than three years, I will be 70. I need very little to live the rest of my life. I can’t take the refinery or any other property or asset to my grave. Everything I do is in the interest of my country.

“We have been facing a fuel crisis since the 70s. This refinery can help in resolving the problem but it does appear some people are uncomfortable that I am in the picture. So I am ready to let go, let the NNPC buy me out, and run the refinery.

“This refinery can help in resolving the problem but it does appear some people are uncomfortable that I am in the picture. So I am ready to let go, let the NNPC buy me out, and run the refinery. At least the country will have high-quality products and create jobs.”

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