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).<\/p>\n
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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.<\/p>\n
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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.<\/p>\n
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“The conflict between @AlikoDangote and @NMDPRA_Official is troubling. The Dangote Refinery, our nation\u2019s largest private investment, is crucial for Nigeria\u2019s energy and economic stability,” Atiku said.<\/p>\n
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“The 650,000 bpd refinery is essential for our energy needs and economic stability, and NNPCL\u2019s investment underscores its importance. If we neglect this, we risk deterring vital foreign direct investment.<\/p>\n
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“No investor will trust a nation that undermines its key assets. Protecting significant investments like Dangote\u2019s is essential to attract FDI and drive our economic growth.”<\/p>\n","protected":false},"excerpt":{"rendered":"
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, […]<\/p>\n","protected":false},"author":14,"featured_media":40188,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172],"tags":[],"class_list":["post-40166","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/40166","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=40166"}],"version-history":[{"count":2,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/40166\/revisions"}],"predecessor-version":[{"id":40201,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/40166\/revisions\/40201"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/40188"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=40166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=40166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=40166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}