Aliko Dangote, President of Dangote Refinery, has ruled out the possibility of acquiring the Port Harcourt and other government-owned refineries.
Dangote, who spoke on Sunday at a briefing in Lagos, noted
that if the government refineries are actually on sale as earlier reported,
others should consider venturing into it.
The African richest man also pointed out that having many
other persons in the petroleum sector would end the monopoly insinuation.
He said there may be noise if his company decides to “touch
those refineries”.
According to him, some Nigerians have a “lot of money, maybe
more cash than we have”, stating that they should consider investing in the
sector.
“We believe they should go and try their own luck so that
there won’t be talks about monopoly, rather, there will be talks about other
people having opportunities.
“It is far better for other people to go and buy so that we
will not be the only one supporting Mr President’s policy”, he added.
Dangote earlier announced that the company intends to expand
its 650,000-barrel-per-day refinery to 1.4 million barrels per day to become
the world’s largest refinery.
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