Aliko Dangote Clarifies Lack of Government Incentives for $20 Billion Refinery.
The richest man in Africa, Aliko Dangote, revealed on Saturday that he received no incentives from the Nigerian government to construct his $20 billion refinery, which is located in the Lekki Free Trade Zone.
Dangote disclosed this information during a visit from the House of Representatives leadership, headed by Speaker Tajudeen Abbas and his deputy, Benjamin Kalu.
“In the refinery, we did not, and I repeat, we did not collect one single incentive from the Federal Government of Nigeria or even Lagos State. Yes, the Lagos State gave us a good deal, but we paid $100 million for the land. It wasn’t free land; we paid for it,” he said.
Dangote emphasized the support from the majority of the population, stating, “Majority of the population are with us. So, we are not discouraged, we will continue what we are doing.”
In an effort to disprove allegations that petroleum products from his refinery are of low quality, Dangote further urged the House of Representatives to look into the quality of diesel and petrol at petrol stations. He highlighted the harm that inferior products are causing to cars and engines and requested the House to form a committee to examine items at different filling stations around the nation.
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