Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Nnaji Resigns As Minister Over Alleged Certificate Scandal

    October 7, 2025

    Tinubu Confers CON Title On Ex-INEC Chair Mahmood Yakubu

    October 7, 2025

    Alleged certificate forgery: I’m a proud UNN graduate – Nnaji

    October 6, 2025
    Facebook X (Twitter) Instagram
    Trending
    • Nnaji Resigns As Minister Over Alleged Certificate Scandal
    • Tinubu Confers CON Title On Ex-INEC Chair Mahmood Yakubu
    • Alleged certificate forgery: I’m a proud UNN graduate – Nnaji
    • Mohbad’s Father Urges LASG To Prosecute Wife, Nurse
    • Mandy Kiss: NANS Demands Withdrawal Of Appointment
    • Former IGP, Solomon Arase Laid To Rest In Benin
    • PENGASSAN Begins Nationwide Strike Over Mass Sack At Dangote Refinery
    • Ex- Police Service Commission Chair, Osayande Dies At 89
    Facebook X (Twitter) Instagram
    TheScrutinyNG
    Subscribe
    Wednesday, October 8
    • Home
    • Politics
    • Business
    • News
      • World News
    • Sports
    • Interviews
    • Opinion
    • Entertainment
    • Columnists
    • ABOUT US
    TheScrutinyNG
    Home » Mafia Repeatedly Targeted $19 Billion Refinery Project – Dangote
    2 Mins ReadJune 13, 2024

    Mafia Repeatedly Targeted $19 Billion Refinery Project – Dangote

    By Amina MohammedJune 13, 2024No Comments2 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Aliko Dangote has revealed that local and foreign mafia tried several times to sabotage his $19 billion refinery from coming to life.

    Dangote made this revelation while speaking at the Afreximbank annual meetings (AAN) and AfriCaribbean Trade and Investment Forum in Nassau, The Bahamas, on Wednesday.

    Dangote, Africa’s richest man, said he had repaid about $2.4 billion of the $5.5 billion borrowed to build the refinery.

    According to him, several entities did everything to sabotage the 650,000 barrels per day facility.

    Dangote said he was aware that resistance would always exist, but he did not anticipate it being so harsh.

    He said: “Well, I knew that there would be a fight. But I didn’t know that the mafia in oil; they are stronger than the mafia in drugs. I can tell you that. Yes, it’s a fact.

    “The local and foreign mafia tried several times to sabotage the refinery from coming to fruition.”

    The businessman, who tagged himself a fighter throughout his life, said the mafias had tried several times to defeat him.

    “But I’m a person that has been fighting all my life, you know. So I think it’s part of my life to fight,” he added.

    On if he was receiving enough crude oil as feedstock for his refinery from the international oil companies (IOCs), Dangote said: “In a system where for 35 years people are used to counting good money, and all of a sudden they see that the days of counting that money have come to an end, you don’t expect them to pray for you.

    “Of course, you expect them to fight back

    “And I think that is the process that we’re now really going through. But the truth is that, yes, the country, the sub-region, and also the continent, sub-Saharan Africa, need this refinery.

    “So, you expect them to fight through non-supply of crude, non-purchase of the product. But I think it’s all temporary. We’ll get there.”

    Author

    • Amina Mohammed
      Amina Mohammed

      View all posts
    Aliko Dangote
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Amina Mohammed

    Related Posts

    Banking & Finance

    Nexamont Acquires 21.4% Percent Stake In Royal Exchange PLC

    September 24, 2025
    Banking & Finance

    Banks To Report Customer Transactions That Exceed N5m – NOA

    July 9, 2025
    Banking & Finance

    Verghis Takes Over As World Bank Country Director For Nigeria

    July 4, 2025
    Banking & Finance

    FirstBank Launches Advanced Facial Recognition On Mobile App

    June 30, 2025
    Breaking News

    Tinubu Signs Four Landmark Tax Reform Bills Into Law

    June 26, 2025
    Breaking News

    Multichoice Slashes DStv Decoder Price By 50 Percent

    June 25, 2025

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    Editor's Picks

    Nnaji Resigns As Minister Over Alleged Certificate Scandal

    October 7, 2025

    Tinubu Confers CON Title On Ex-INEC Chair Mahmood Yakubu

    October 7, 2025

    Alleged certificate forgery: I’m a proud UNN graduate – Nnaji

    October 6, 2025

    Mohbad’s Father Urges LASG To Prosecute Wife, Nurse

    October 3, 2025
    Latest Posts
    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • US Politics
    • EU Politics
    • Business
    • Opinions
    • Connections
    • Science

    Company

    • Information
    • Advertising
    • Classified Ads
    • Contact Info
    • Do Not Sell Data
    • GDPR Policy
    • Media Kits

    Services

    • Subscriptions
    • Customer Support
    • Bulk Packages
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 The Scrutiny. Designed by Design Streams.

    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.