3 months ago
12
The Nigerian Democracy Working Group has raised an alarm over plans to sabotage the Dangote Refinery.
The CSOs warned that if such a plan is allowed to be perfected it would send a bad signal to other investors planning to come to Nigeria.
In a statement jointly signed by the convener, Dr. Vincent Okpara Innocent and co-convener, Dr. Idris Aliyu Mohammed, the CSOs said they observed with dismay, the purported conspiracy to sabotage the huge investment of the Dangote Refinery project by some individuals who do not wish Nigeria and Nigerian citizens well.
“This development is not only dangerous to the Nigerian economy, but could also be a red card to potential investors, and counterproductive to the long-term advocacy for investment by the Tinubu administration. This is surely a clear attempt to lay waste to the efforts of the present administration to attract foreign investments into the country.
“The establishment of a cutting edge refinery-a technological marvel of the highest global standards by Alhaji Aliko Dangote in Nigeria is a visionary move beyond the call of duty, it is also patriotic, pointing to a deep seated concern for the general public by setting the ball rolling towards a revolutionized petroleum sector for the benefit of all Nigerians.
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“The Dangote refinery project is an investment that would boost economic activities in the petroleum sector and cause a drastic upsurge in the Gross Domestic Product GDP of the nation, it will also guarantee an increase in revenue for all strata of socio-economy in deep connection to the larger public,” the CSOs said while calling for caution.
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