Aliko Dangote, Africa’s richest man, has made a surprising offer to sell his 650,000 barrels per day (bpd) oil refinery to the Nigerian National Petroleum Corporation (NNPC).
In an interview with Premium Times on Sunday, Dangote alleged that his refinery project, which has the potential to resolve Nigeria’s long-standing fuel scarcity and hyper-inflation issues, is facing sabotage from certain individuals in power.
Despite its potential to transform the nation’s energy landscape, Dangote claims that the project is facing opposition from unknown quarters.
In light of this, he has expressed his willingness to sell the refinery to the NNPC, allowing the state-owned corporation to take over its operations.
Dangote’s primary goal, he emphasized, is to find a solution to the fuel crisis that has plagued Nigeria since the 1970s. By offering to sell the refinery to the NNPC, he hopes to ensure that the project’s potential is realized, even if it means relinquishing ownership.
This development comes as a surprise to many, given the significant investment Dangote has made in the refinery project.
However, his willingness to prioritize the nation’s interests over his own business goals is a testament to his commitment to Nigeria’s economic development.
