Africa’s richest man, Aliko Dangote, has reportedly offered to sell his stake in his multibillion-dollar oil refinery to the state-owned energy company, NNPC Limited, according to Premium Times.
Dangote appears to have spoken in frustration as a new dispute with one of the key equity partners in the plant heats up in the latest phase of a bitter row with regulatory authorities in Nigeria.
“Let them (NNPCL) buy me out and run the refinery the best way they can. They have labelled me a monopolist. That’s an incorrect & unfair allegation, but it’s OK. If they buy me out, at least, their so-called monopolist would be out of the way,” Premium Times quoted Dangote as saying in an exclusive interview on Sunday.
“We have been facing fuel crisis since the 70s. This refinery can help in resolving the problem but it does appear some people are uncomfortable that I am in the picture. So I am ready to let go, let the NNPC buy me out, run the refinery.”
