Former Nigerian President Warns of Dangote Refinery Sabotage

Former President Olusegun Obasanjo has expressed concerns that those currently profiting from Nigeria’s fuel importation sector may seek to undermine the Dangote Petroleum Refinery.

This follows allegations made by Aliko Dangote, President of the Dangote Group, who accused certain “mafias” of trying to sabotage his $20 billion refinery project. In an interview with the Financial Times, Obasanjo suggested that if the refinery succeeds, it could boost investment from both Nigerians and foreigners.

Officials from the Dangote Group recently expressed their frustrations, claiming that international oil companies obstruct the refinery’s operations by either refusing to sell crude oil or charging up to $4 above the standard price. They also accused the Nigerian Midstream and Downstream Regulatory Authority of intentionally issuing licenses to individuals for importing contaminated fuel. In response, the regulator denied these claims, saying that Dangote’s diesel was inferior compared to imported ones.