The Chairman of the Northern Elders Forum (NEF), Ango Abdullahi, has reacted to the feud between the Federal Government and Dangote Refinery.>>>CONTINUE FULL READING HERE....CONTINUE READING THE ARTICLE FROM THE SOURCE
Media reports have highlighted the difficulties faced by the Aliko Dangote-owned refinery, one of Africa’s largest oil plants, in securing local crude oil.
Abdullahi who issued a stern warning to those trying to sabotage the Refinery, stated that such efforts were detrimental to the growth of the country.
The former Vice Chancellor of Ahmadu Bello University, Zaria, expressed his concerns in a statement released in Abuja on Saturday.
Speaking on the development, Abdullahi argued that for 30 years vested interests controlling the Nigerian National Petroleum Company (NNPC) cartel have ensured that the nation’s four refineries remained non-operational and unable to meet domestic petroleum needs.>>>CONTINUE FULL READING HERE
He lamented that instead of appreciating Dangote’s efforts to reduce Nigeria’s dependency on imported refined petroleum products, some groups are intent on hindering the refinery’s operations.
Abdullahi stated that Nigeria is globally ridiculed for being the only member of the Organisation of the Petroleum Exporting Countries (OPEC) without refining capacity, relying heavily on imported oil and derivatives.
The statement reads, “The Northern Elders Forum is watching with sustained interest the unfolding drama being orchestrated by some powerful vested interests to frustrate the good example set by the nation’s leading investor and foremost African entrepreneur, Alhaji Aliko Dangote, who has defied all formidable odds to build a privately-owned ultramodern petroleum refinery in Nigeria.
“This remarkable business feat, which ordinarily should instantly earn him national encomiums and accolades, has paradoxically ignited the malicious fury of enemies of our dear country, who are strategically located in the oil and gas sector of the economy.
“They have been wreaking havoc over the years through many subterfuges, resulting in the crippling of our nation’s refining capacity and the ruthless imposition of a ruinous regime of massive refined oil and other sundry products importation to the detriment of our national growth.
“In this wise, the lamentable and highly troubling commentary against the Dangote refinery that came out from the NNPCL and its other sister regulatory bodies smacks of a glaring attempt to de-market this epochal national achievement and premeditatedly derail the economy from the path of healthy growth and stability.”>>>CONTINUE FULL READING HERE
