Business
Atiku expresses concern over conflict between Dangote, NMDPRA
Former vice president, Atiku Abubakar, has expressed concern over the conflict between the Dangote Refinery and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), stressing the importance of the multi-billion dollar investment to the economy of the country.
He warned that investors will not trust any nation that undermines key assets.
According to him, protecting significant assets such as the Dangote Refinery is essential to attract foreign direct investment.
Atiku said in post on his X handle, @atiku, on Tuesday: “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.
“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.”
