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In a striking rebuttal, Aliko Dangote has firmly denied accusations of monopoly and favoritism regarding his refinery operations.
Speaking out, he emphasized, “In the refinery, we did not, and I repeat, we did not collect one single incentive from the Federal Government of Nigeria or even Lagos State.
Yes, the Lagos State gave us a good deal but we paid $100m for the land.
It wasn’t free land; we paid for it.”Dangote’s declaration comes amid widespread speculation about the refinery’s competitive edge and alleged government favoritism.
By clarifying the financial terms, he aims to quell concerns and underline the legitimacy of his business dealings.
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