Obasanjo gives reason why fuel importers will frustrate Dangote

Olusegun Obasanjo, a former Nigeria President, has disclosed that the people benefiting from fuel importation in the country, are doing all they can to frustrate Dangote Petroleum Refinery.

Obasanjo’s statement is followed by Aliko Dangote’s claims that some ‘mafias’ were trying to frustrate the $20bn refinery.

This came as it was gathered on Monday that the multi-billion dollar refinery and other domestic refineries have yet to buy crude oil in naira based on President Bola Tinubu’s directive to the Nigerian National Petroleum Company Limited.

In a recent interview with Financial Times, the former president states that the Dangote refinery should encourage both Nigerians and non-Nigerians.

“Aliko’s investment in a refinery, if it goes well, should encourage both Nigerians and non-Nigerians to invest in Nigeria.

“If those who are selling or supplying refined products for Nigeria feel that they will lose the lucrative opportunity, they will also make every effort to get him frustrated,” Obasanjo stated.

Recall, Dangote Group officials cried out that international oil companies were frustrating the refinery by refusing to sell crude or by selling to them at a premium up to $4 above the normal price.