Business

Dangote reveals how they paid $100m for refinery land, received no incentive from Nigerian govt

The richest man in Africa, Aliko Dangote, claimed 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.

When Dangote was given the House of Representatives leadership, which was headed by Speaker Tajudeen Abbas and his deputy, Benjamin Kalu, he made this known.

“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 $100m for the land. It wasn’t free land; we paid for it,” he said.

“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.

Dangote also lamented the harm that inferior products are causing to cars and engines, and he requested the House to form a committee to examine products at different filling stations around the nation.

Please don’t forget to “Allow the notification” so you will be the first to get our gist when we publish it. 
Drop your comment in the section below, and don’t forget to share the post.

Jonathan Nwokpor

Recent Posts

US election: Obama finally reacts over Trump’s victory

Keep up with latest news and be part of our weekly giveaways and airtime sharing,…

4 hours ago

BREALING: Libya repatriates 166 Nigerians back home

Keep up with latest news and be part of our weekly giveaways and airtime sharing,…

4 hours ago

VIDEO: OMG! see what Davido’s wife, Chioma was caught on camera doing inside bedroom

Keep up with latest news and be part of our weekly giveaways and airtime sharing,…

5 hours ago

Fake pastor grabs woman’s breăst in the name of deliverance, see what happened later

Keep up with latest news and be part of our weekly giveaways and airtime sharing,…

5 hours ago

VIDEO: Woman with 2 private parts reveals three things her husband doesn’t like her discussing in public

Keep up with latest news and be part of our weekly giveaways and airtime sharing,…

5 hours ago

After Chief of Army staff was confirmed dead, see what Simon Ekpa said

Keep up with latest news and be part of our weekly giveaways and airtime sharing,…

5 hours ago