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Conflict between Dangote, NMDPRA is troubling- Atiku

by Present Nigeria
July 24, 2024
in Business
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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)

Atiku who expressed concern over the conflict stressed the importance of the multi-billion dollar investment to the economy of the country. 

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According to him, protecting significant assets such as the Dangote Refinery is essential to attract foreign direct investment warning that investors will not trust any nation that undermines key assets.

Atiku in post on his Facebook page, on Tuesday wrote;

“The conflict between Aliko Dangote and NMDPRA 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.”

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
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