Business News of Tuesday, 23 July 2024
Source: www.mynigeria.com
Peter Obi, the flagbearer of Labour Party during the 2023 general elections has declared his support towards Aliko Dangote and the Dangote Refinery.
Taking to his official Twitter platform on July 23, 2024, Peter Obi stated that Aliko Dangote and the Dangote Group have contributed immensely to Nigeria's and economic growth and they should not be unfairly sabotaged.
Recall that government agencies; Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian National Petroleum Corporation (NNPC) have stated that Dangote Refinery is operating without being fully licensed, has low quality crude oil and is monopolizing the market.
In support of the Dangote refinery, Peter Obi wrote: "Dangote Refinery Should Be Fully Supported, Not Vilified
"The recent conflicts between Dangote Industries and some government agencies are deeply troubling. This issue transcends political affiliations and personal grievances. It is fundamentally about Nigeria’s economy, future, and the well-being of its citizens. Given Alhaji Dangote's significant contributions to Nigeria, it is crucial that these disputes are resolved swiftly. Government agencies should be directed to offer the necessary support for the seamless launch and operation of the
"Dangote Refinery and its associated enterprises. The refinery has the potential to generate approximately $21 billion in annual revenue and create over 100,000 jobs, with numerous additional positive impacts on the economy.
"Its strategic importance in addressing Nigeria’s fuel crisis, boosting foreign exchange earnings, and fostering economic growth cannot be overstated. The refinery is too vital to fail and must not be hindered, considering its crucial role in our national welfare.
"The Federal Government and its agencies need to recognize the significance of Dangote’s contributions. Alhaji Dangote is not just a businessman; he is a national and African brand symbolizing patriotism, commitment, and impactful entrepreneurship."
See the full tweet below:
Dangote Refinery Should Be Fully Supported, Not Vilified
— Peter Obi (@PeterObi) July 23, 2024
The recent conflicts between Dangote Industries and some government agencies are deeply troubling. This issue transcends political affiliations and personal grievances. It is fundamentally about Nigeria’s economy, future, pic.twitter.com/bSxt5Hweuo