Dangote: Refinery Paid $100M for Land, Received No Government Incentives

Aliko Dangote, Africa’s richest man, stated on Saturday that he did not receive any incentives from the Nigerian government to build his $20 billion refinery located at the Lekki Free Trade Zone.

Dangote disclosed this when he received the leadership of the House of Representatives, led by Speaker Tajudeen Abbas and his deputy, Benjamin Kalu.

“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, Lagos State gave us a good deal, but we paid $100 million for the land. It wasn’t free land; we paid for it,” he said.

“Majority of the population are with us. So, we are not discouraged; we will continue what we are doing.”

Dangote also called on the House of Representatives to investigate the quality of diesel and petrol at filling stations, refuting claims that petroleum products from his refinery are substandard.

He urged the House to set up a committee to test products at various filling stations across the country, decrying the damage being done to vehicles and engines by substandardAliko Dangote, Africa’s richest man, stated on Saturday that he did not receive any incentives from the Nigerian government to build his $20 billion refinery located at the Lekki Free Trade Zone.

Dangote disclosed this when he received the leadership of the House of Representatives, led by Speaker Tajudeen Abbas and his deputy, Benjamin Kalu.

“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, Lagos State gave us a good deal, but we paid $100 million for the land. It wasn’t free land; we paid for it,” he said.

“Majority of the population are with us. So, we are not discouraged; we will continue what we are doing.”

Dangote also called on the House of Representatives to investigate the quality of diesel and petrol at filling stations, refuting claims that petroleum products from his refinery are substandard.

He urged the House to set up a committee to test products at various filling stations across the country, decrying the damage being done to vehicles and engines by substandard products. products.