Former President Olusegun Obasanjo has expressed concerns that those currently profiting from Nigerias fuel importation sector may seek to undermine the Dangote Petroleum Refinery.
This statement follows allegations by Alhaji Aliko Dangote, President of the Dangote Group, who has accused certain mafias of attempting to sabotage his $20 billion refinery project.
The refinery has not started buying crude oil in naira yet, even though President Bola Tinubu has instructed the Nigerian National Petroleum Company Limited (NNPC) to do so.
In an interview with the Financial Times, Obasanjo suggested that if the refinery succeeds, it could boost investment from both Nigerians and foreigners.
He said, Alikos investment in a refinery, if it goes well, should encourage both Nigerians and non-Nigerians to invest in Nigeria.