Northern elders warn against attempts to blackmail Dangote Refinery

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The Northern Elders Forum (NEF), has warned against attempts at frustrating and blackmailing the Dangote Refinery as such actions would be detrimental to the country.
Chairman of the Forum, Prof Ango Abdullahi, who gave the warning in a statement in Abuja on Saturday, expressed concerns that vested interests who do not mean well for the country are trying to frustrate the operations of the Dangote Refinery and that would not augur well for the country in the long run.
Abdullahi, a former Vice Chancellor of the Ahmadu Bello University, Zaria, stated that the current impasse between the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the management of Dangote Group has made Nigeria a subject or ridicule as the only member of the Organisation of the Petroleum Exporting Countries (OPEC) without refining capacity, relying heavily on imported oil and derivatives.
The NEF also expressed worry that for 30 years, vested interests and cartels have been controlling the NNPC cartel and have ensured that the nation’s four refineries remained non-operational and unable to meet domestic petroleum needs.
“Instead of appreciating Aliko Dangote’s efforts to reduce Nigeria’s dependency on imported refined petroleum products, some groups are intent on hindering the refinery’s operations,” Abdullahi said in the statement.
READ ALSO:Destroying Dangote bad for Nigeria —AfDB president, Adesina
“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,” he continued.
“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.”
The post Northern elders warn against attempts to blackmail Dangote Refinery appeared first on Latest Nigeria News | Top Stories from TVN.

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