Nigerian business magnate Aliko Dangote has opened up about the criticism he faces over his investments in the country, particularly the Dangote Refinery. In an interview with PREMIUM TIMES on Sunday, Dangote shared that a wealthy friend, who had previously warned him against investing in Nigeria, is now taunting him for ignoring his advice.
Dangote’s friend had cited policy inconsistencies and interest group shenanigans as reasons for investing abroad. However, Dangote chose to invest in the refinery to address a significant national issue. He expressed frustration that some individuals are working against him, despite his efforts to benefit the country.
The billionaire entrepreneur emphasized that his investments are driven by a desire to serve Nigeria’s interests, not personal gain. At 67, Dangote stated that he has little need for material wealth and cannot take his assets to his grave. His comments come amidst reports questioning the quality of diesel produced by the Dangote Refinery, which the Nigerian Midstream and Downstream Petroleum Regulatory Authority has claimed is inferior.
