Dangote Vs NNPCL:”We’ll Always Stand Resolutely In Defence Of Dangote Refinery,” Northern Elders Knock NNPCL

Related stories

How Dangote Raised Petrol Price To N955 From N899/litre For Bulk Buyers

By Kolawole Ojebisi Dangote Petroleum Refinery has announced an upward...

US Court Jails 3 Nigerians Over $2m Fraud Scheme

By Kolawole Ojebisi At least three Nigerian nationals have been...

“This Is A Good Development For Nigeria,” Says Tinubu As He Lauds Governors On Tax Reform Bills

By Abiola Olawale President Bola Ahmed Tinubu has commended Nigerian...

Fresh Outage: Presidential Villa Affected As Vandals Steal Electricity Cables In Abuja

By Kolawole Ojebisi Residents of the Federal Capital Territory (FCT),...

Parting Gift: Biden Sets Record, Grants Clemency To 2,500 People

By Kolawole Ojebisi Barely seventy-two hours to his handing over...

By Afolabi Samuel Odunayo

In the midst of an ongoing rift between NNPCL and Dangote Refinery, the Chairman of the Northern Elders Forum (NEF), Prof. Ango Abdullahi, has warned that the northern elders’ support for Aliko Dangote, business mogul Africa’s richest man and owner of Dangote Reginery, remains unwavering .

A former vice-chancellor of Ahmadu Bello University, Zaria, Abdullahi stated this stance in a statement issued in Abuja on Saturday.

According to him, the NEF will not fold its hands and watch ongoing efforts to frustrate and demarket Dangote Refinery, stating that such actions would be detrimental to the country’s economy if allowed to fester.

This development follows the Federal Government’s intervention in the ongoing dispute between the Nigerian Midstream and Downstream Petroleum Authority and the management of Dangote Refinery.

The New Diplomat reports NEF’s response to the ongoing situation in the light of the highlighted difficulties faced by the refinery, one of Africa’s largest oil plants, in securing local crude oil is among several interventions so far since the disagreements between Dangote and the NNPCL started.

The NEF statement reads in part:”The Northern Elders Forum is watching with sustained interest the unfolding drama orchestrated by some powerful vested interests to frustrate the good example set by Alhaji Aliko Dangote. He has defied formidable odds to build a privately-owned ultramodern petroleum refinery in Nigeria. This remarkable business feat, which should earn him national accolades, has paradoxically ignited the malicious fury of enemies strategically located in the oil and gas sector. They have crippled our nation’s refining capacity and imposed a ruinous regime of massive refined oil imports, to the detriment of our national growth.”

The NEF further expressed disappointment in the way the designated Nigerian authorities have handled existing opportunities to develop and grow the nation’s economy .

“Regrettably, it is only in Nigeria that politics is driven by narrow interests, often allowed to trample the nation’s economic interests. The NEF welcomes the timely action taken by the Honourable Minister of State for Petroleum Resources, Mr. Heineken Lokpobiri, to address this worrisome situation. We stand resolutely with Dangote in defense of this significant business stride, which signifies the dawn of prosperity for our people,” the statement concluded.

Continuing, Abdullahi expressed worry that some vested interests have rendered Nigeria’s four state-owned refineries comatose for 30 years, preventing them from meeting domestic petroleum needs.

He criticized the lack of appreciation for Aliko Dangote’s efforts to reduce Nigeria’s reliance on imported refined petroleum products.

“Nigeria has become the object of global ridicule as the only member nation of the Organisation of the Petroleum Exporting Countries without refining capacity, heavily dependent on imported oil and derivatives,” he said.

The NEF chairman added: “The commentary against Dangote Refinery from the NNPCL and its regulatory bodies smacks of a glaring attempt to de-market this national achievement and derail the economy from the path of healthy growth and stability.”

He warned that the masses, who suffer from escalating fuel prices, frequent shortages, and joblessness, will no longer tolerate the actions of a few powerful individuals holding the economy hostage.

The New Diplomat
The New Diplomathttps://newdiplomatng.com/
At The New Diplomat, we stand for ethical journalism, press freedom, accountable Republic, and gender equity. That is why at The New Diplomat, we are committed to speaking truth to power, fostering a robust community of responsible journalism, and using high-quality polls, data, and surveys to engage the public with compelling narratives about political, business, socio-economic, environmental, and situational dynamics in Nigeria, Africa, and globally.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

[tds_leads input_placeholder="Your email address" btn_horiz_align="content-horiz-center" pp_msg="SSd2ZSUyMHJlYWQlMjBhbmQlMjBhY2NlcHQlMjB0aGUlMjAlM0NhJTIwaHJlZiUzRCUyMiUyMyUyMiUzRVByaXZhY3klMjBQb2xpY3klM0MlMkZhJTNFLg==" pp_checkbox="yes" tdc_css="eyJhbGwiOnsibWFyZ2luLXRvcCI6IjMwIiwibWFyZ2luLWJvdHRvbSI6IjQwIiwiZGlzcGxheSI6IiJ9LCJwb3J0cmFpdCI6eyJtYXJnaW4tdG9wIjoiMTUiLCJtYXJnaW4tYm90dG9tIjoiMjUiLCJkaXNwbGF5IjoiIn0sInBvcnRyYWl0X21heF93aWR0aCI6MTAxOCwicG9ydHJhaXRfbWluX3dpZHRoIjo3NjgsImxhbmRzY2FwZSI6eyJtYXJnaW4tdG9wIjoiMjAiLCJtYXJnaW4tYm90dG9tIjoiMzAiLCJkaXNwbGF5IjoiIn0sImxhbmRzY2FwZV9tYXhfd2lkdGgiOjExNDAsImxhbmRzY2FwZV9taW5fd2lkdGgiOjEwMTksInBob25lIjp7Im1hcmdpbi10b3AiOiIyMCIsImRpc3BsYXkiOiIifSwicGhvbmVfbWF4X3dpZHRoIjo3Njd9" display="column" gap="eyJhbGwiOiIyMCIsInBvcnRyYWl0IjoiMTAiLCJsYW5kc2NhcGUiOiIxNSJ9" f_msg_font_family="downtown-sans-serif-font_global" f_input_font_family="downtown-sans-serif-font_global" f_btn_font_family="downtown-sans-serif-font_global" f_pp_font_family="downtown-serif-font_global" f_pp_font_size="eyJhbGwiOiIxNSIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_weight="700" f_btn_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_transform="uppercase" btn_text="Unlock All" btn_bg="#000000" btn_padd="eyJhbGwiOiIxOCIsImxhbmRzY2FwZSI6IjE0IiwicG9ydHJhaXQiOiIxNCJ9" input_padd="eyJhbGwiOiIxNSIsImxhbmRzY2FwZSI6IjEyIiwicG9ydHJhaXQiOiIxMCJ9" pp_check_color_a="#000000" f_pp_font_weight="600" pp_check_square="#000000" msg_composer="" pp_check_color="rgba(0,0,0,0.56)" msg_succ_radius="0" msg_err_radius="0" input_border="1" f_unsub_font_family="downtown-sans-serif-font_global" f_msg_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_size="eyJhbGwiOiIxNCIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_weight="500" f_msg_font_weight="500" f_unsub_font_weight="500"]

Latest stories

Latest News
How Dangote Raised Petrol Price To N955 From N899/litre For Bulk BuyersUS Court Jails 3 Nigerians Over $2m Fraud Scheme"This Is A Good Development For Nigeria," Says Tinubu As He Lauds Governors On Tax Reform BillsFresh Outage: Presidential Villa Affected As Vandals Steal Electricity Cables In AbujaParting Gift: Biden Sets Record, Grants Clemency To 2,500 PeopleHow Nigeria's Disporans $90bn Remittances Affected Country's Economic Growth - Abike Dabiri-ErewaLagos Assembly: Ousted Speaker, Obasa Absent As Meranda Presides Over First PlenaryBreaking! Fears Heighten As Wife Of Retired AIG Hakeem Odumosu Is Kidnapped In OgunList: Reactions As Wike Land Revocation Order Hits APC, PDP Bigwigs, Governors, Senators, Ministers, OthersIf you want to fend off wrinkles and saggy skin as you age, say goodbye to these 7 daily habitsDetails As Appeal court Upholds Abure as Labour Party National ChairmanTikTok’s CEO used to work for Mark Zuckerberg as a Facebook intern. Just one decade later, he’s become one of Meta’s fiercest competitorsFirst Bank Crisis: Uncertainty Over Oba Otudeko’s Whereabout, Debunks Charges As EFCC Closes in Over Alleged FraudTax Reform Bills: Why We Caved In to FG, We Were Initially Misled, By Gov Sule On Northern Govs' Volte-faceCanada ready to reveal initial retaliation plan Monday if Trump makes good on tariff threat: sources
X whatsapp