Oil & Gas
By Victoria Frances
PETER Obi, 2023 presidential candidate of the Labour Party, LP, has said that Dangote Refinery should be fully supported and not vilified.
According to Obi, “Dangote Refinery and its associated enterprises refinery has the potential to generate approximately $21 billion in annual revenue and create over 100,000 jobs, with numerous additional positive impacts on the economy.”
Obi stated this in a series of tweets on his X verified handle on Tuesday, July 23, saying that the refinery’s strategic importance in addressing Nigeria’s fuel crisis, boosting foreign exchange earnings, and fostering economic growth cannot be overstated.
“The refinery is too vital to fail and must not be hindered, considering its crucial role in our national welfare,” he said.
He said: “The Federal Government and its agencies need to recognize the significance of Dangote’s contributions. Alhaji Dangote is not just a businessman; he is a national and African brand symbolizing patriotism, commitment, and impactful entrepreneurship.
“Despite operating in a challenging business environment, he has established a remarkable industrial hub in Nigeria, encompassing over 15 sectors, including cement, sugar, salt, fertilizer, infrastructure, tomatoes, automotive, energy, petrochemicals, rice, poly sacks,
real estate, mining, logistics, and maritime.
“Alhaji Dangote’s unwavering dedication to Nigeria’s industrialization, job creation, and economic growth, despite adversities, warrants full support and protection. With economic indicators like unemployment, inflation, forex scarcity, and debt worsening, every sensible and patriotic government should regard enterprises like Dangote Industries as national treasures, meriting robust support and protection.
“In the interest of Nigeria and its citizens, as well as Africans at large, I urge the Federal Government and its agencies to provide Dangote Industries, especially the refinery, with all necessary support.
“The success of Dangote is intrinsically linked to the success of Nigeria and Africa; conversely, its failure would be a significant setback for both Nigeria and the continent,” he said.
A.I
July 23, 2024.
Tags: Dangote refinery Peter Obi
