Top Newspaper
NCC Banner

I didn’t receive FG’s incentives for $20b refinery —Dangote 

Aliko Dangote, Chairman and Chief Executive Officer of Dangote Group, clarified that his $20 billion refinery at the Lekki Free Trade Zone did not receive any government incentives.

Speaking with House of Representatives leaders, including Speaker Tajudeen Abbas and Deputy Speaker Benjamin Kalu on Saturday, Dangote stated, “We did not receive any incentives from the Federal Government or Lagos State for the refinery. While Lagos State offered favorable terms, we paid $100 million for the land; it was not provided free of charge.”

Dangote reaffirmed his confidence in receiving support from the majority and pledged to continue with the project.

Dangote further called for an investigation by the House into the quality of diesel and petrol sold at filling stations, countering claims that his refinery’s products are substandard.

He urged the establishment of a committee to test petroleum products across the country to address the damage caused to vehicles and engines by inferior products.

Related posts

Balami dumps Peter Obi, Labour Party, returns to APC

TOP Editor

Mother of kidnapped NYSC member pleads for help as bandits demand N30m ransom 

TOP Editor

Tinubu’s 2027 bid faces setback as Northern Governor, stakeholders push for Jonathan’s candidacy

TOP Editor

Damagum set to step down as PDP Governors seek unity, offer smooth transition

TOP Editor

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More