Business
Dangote Refinery: ‘Desist From Trying To Run Business’ – Otedola Tells Nigerian Govt
Dangote Refinery: ‘Desist From Trying To Run Business’ – Otedola Tells Nigerian Govt
Femi Otedola, a Nigerian billionaire businessman, has told the Nigerian government to stop trying to run a business.
Otedola praised Aliko Dangote for making history by constructing a refinery in Lagos, which is one of Nigeria’s single largest investments.
The integrated refinery and petrochemical project is designed to produce approximately 650,000 barrels of oil per day (bpd) while also creating 9500 direct jobs and 25,000 indirect jobs.
It also included a 435 megawatt power plant, a deep seaport, and a fertiliser unit.
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Otedola, the Nigerian billionaire businessman, noted that Dangote’s project is a clear sign that the “government cannot run any business and government should desist from trying to run business.”
According to him, “Aliko and I bought Port Harcourt and Kaduna refineries, I owed 20 per cent of that consortium and of course, it was reversed by the administration that came in then.
“All in big shame today. See what Aliko has done today, this to me is a lesson that government cannot run any business and government should desist from trying to run business,” he said.
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