Aliko Dangote, the richest man in Africa and owner of the Dangote Refinery, has made a significant statement regarding the construction of refineries in Africa. According to him, individuals who benefit from fuel importation are preventing African governments from building refineries on the continent. This statement was made during an interview with CNN’s Eleni Giokos at his refinery in Lagos, Nigeria.
Dangote highlighted that despite Africa being a leading region for oil production, no new refineries have been built in the last 35 years. This is a concerning trend, as it means that Africa is relying heavily on fuel imports to meet its energy demands, rather than developing its own refining capacity.
Dangote’s comments suggest that vested interests are prioritizing short-term gains over long-term economic development and energy security for the continent. His refinery, which is currently under construction, aims to address this issue and reduce Africa’s reliance on fuel imports. The Dangote Refinery has the potential to be a game-changer for Africa’s energy landscape, and Dangote’s statement highlights the need for African governments to prioritize refinery construction and reduce their dependence on fuel imports.
