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Dangote Reveals Refinery Still Battling Cabals

The Journal Nigeria May 5, 2025

Raphael Johnson

The President of Dangote Group, Alhaji Aliko Dangote, says he is still fighting for the survival of his $20bn refinery, stressing that the fight is not yet finished.

Dangote expressed optimism that he would win the fight for the refinery, stating his determination to fight on.

According to Semafor, an international news medium, Africa’s richest man spoke at an investor forum in Lagos.

According to the report, Dangote pointed out that some individuals who “for a very, very long time” have “made a lot of money from” government-subsidised oil imports into Nigeria, were the ones trying to sabotage the 650,000 barrels per day oil refinery situated in Lekki, Lagos.

Dangote was quoted as saying 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 as 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.Recall that the Dangote Group boss once accused some powerful individuals of frustrating his refinery.“

In a system where, for 35 years, people are used to counting good money, and all of a sudden, they see that the days of counting that money have come to an end, you don’t expect them to pray for you. Of course, you expect them to fight back.“

And I think that is the process that we’re now really going through. But the truth is that, yes, the country, the sub-region, and also the continent of sub-Saharan Africa, need this refinery.

So, you expect them to fight through non-supply of crude, non-purchase of the product, but I think it’s all temporary. We’ll get there,” Dangote added.The refinery started petrol production last September.

Tags: Dangote cabal Dangote Refinery

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