Lenders would have taken over my assets if refinery project failed - Dangote
[NigerianEye - Nigeria] - 16/09/2025
Aliko Dangote, president of the Dangote Group, says if the decision to build the Dangote refinery had gone wrong, lenders would have taken over his assets. Dangote spoke on Monday during a press conference to mark the first anniversary of the launch of petrol from the 650,000 barrels-per-day refinery. Reflecting on the challenges faced during the refinery’s development, Dangote said the refinery project involved huge risk. According to the billionaire, he received several warnings from industry experts, investors, local and foreign government officials, who argued that only sovereign (…)
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