Labour Party’s 2023 Lagos state governorship candidate, Gbadebo Rhodes-Vivour, has demanded answers from Lagos State Governor, Babajide Sanwo-Olu regarding the $100 million paid for land by Dangote Refinery.
During a press briefing, Aliko Dangote, President of the Dangote Group, revealed that he paid the Lagos State Government $100 million for the land where the Dangote Refinery is situated.
He expressed concerns about Nigeria’s regulatory authority, which criticized the quality of his oil and accused him of wanting to monopolise the oil market.
Dangote dismissed the claim and revealed that some individuals in the Nigeria National Petroleum Corporation (NNPC) have a blending plant in Malta and issue fake certificates to companies for importing poor quality diesel into the country.
In response to this development, GRV lamented the use of the $100 million paid to the Lagos State government for the land. He noted that such an amount could have been used to develop areas in Lagos, especially Lekki and its environs.
He said, “Imagine what $100 million could have done for the Ibeju Lekki community and environs. These communities have the worst set of roads and other basic infrastructure, poor health care services, and low investments in human capital development. That money could have been invested in dikes and mechanical drainage systems to manage the impact of floods.
A good part of this amount could have built a tram to connect Ibeju all the way to CMS opening up the entire corridor to more investments. It could have built a hospitality management school to empower young people with the right skills to flourish in the hospitality sector - the fastest growing sector in lekki.
Unfortunately, nothing has changed in those communities. Dangote still had to construct the road to his refinery. He still had to build his own power plant and other infrastructure and social services that the government had failed to provide.
So what happened to the $100million dollars.
This is certainly not how to run the largest economy in West Africa.
#ourlagos"