Former Vice President Atiku Abubakar has expressed concern over the ongoing conflict between Aliko Dangote, President of Dangote Group, and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
In a post on his X handle on Tuesday, Atiku highlighted the significance of the Dangote Refinery, describing it as the nation’s largest private investment, crucial for Nigeria’s energy and economic stability.
Atiku, the Peoples Democratic Party (PDP) presidential candidate in the last general election, warned that the feud could deter vital foreign direct investment (FDI). He stressed that no investor would trust a nation that undermines its key assets, emphasizing the importance of protecting significant investments like Dangote’s to attract FDI and drive economic growth.
“The conflict between @AlikoDangote and @NMDPRA_Official is troubling. The Dangote Refinery, our nation’s largest private investment, is crucial for Nigeria’s energy and economic stability,” Atiku said.
“The 650,000 bpd refinery is essential for our energy needs and economic stability, and NNPCL’s investment underscores its importance. If we neglect this, we risk deterring vital foreign direct investment.
“No investor will trust a nation that undermines its key assets. Protecting significant investments like Dangote’s is essential to attract FDI and drive our economic growth.”
