Kwankwaso: Vested Interests Are Undermining Dangote Refinery

Former Kano State Governor, Rabiu Kwankwaso, has expressed concern over what he termed “unnecessary fuss” created by vested interests, which he believes could damage investor confidence in the Nigerian economy.

This is in the wake of the faceoff between industrialist, Aliko Dangote and the Federal Government’s authorities over the operations of his 650,000 bpd refinery.

Kwankwaso described the refinery as a crucial asset for Nigeria’s energy needs and economic stability, emphasising the importance of protecting the asset from any threats that could undermine its operations.

“I was privileged to visit the magnificent Dangote Refinery, and I was marveled by the sheer commitment that went into the quality of its establishment,

“The creation of unnecessary fuss around its integrity by some vested interests is very unfortunate, and it stands to undo all the years of hard work to maintain the fragile investor confidence in our economy,” Kwankwaso stated in a post on his X page on Wednesday

The Presidential Candidate of the New Nigeria People’s Party in the 2023 general elections called on Nigerians and the government to rally around the refinery

He stressed that the failure of such a monumental project would be detrimental to the nation’s economic progress.

“It’s time for us to rally around this National Asset to ensure that the monumental project does not fail. It cannot fail, and the Nigerian government must understand this by demonstrating fairness and confidence in both domestic and foreign critical investments,” he urged.

Previously, presidential candidates in the 2023 election, Atiku Abubakar and Peter Obi described the unfolding conflict between Dangote Industries and some government agencies as deeply troubling.

They, in separate posts on X.com, lamented that the unfolding saga which is vilifying the Dangote refinery will deter vital foreign direct investment and hurt the economy.

Atiku and Obi further said government agencies must provide support for the Dangote refinery, adding that the refinery is too vital to fail considering its crucial role in national welfare.