Nigeria’s Refineries Should’ve Been Sold to Dangote – Obasanjo

Discussion in ‘Political News‘ started by Lequte, Wednesday at 6:49 PM. Views count: 6982

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    “The refineries are old and Dangote and some investors paid $750m for two of the refineries. My successor came to office and reversed the sale; he even refunded the money they paid.

    “So, I went to him and said ‘why did you do this’? He said it was because of pressure. So, I said ‘so the pressure of some people was more important than the interest of the whole nation’!

    “Right now, you will hardly be able to sell the refineries for more than $250m because they are very old”.

    Source: Nigerian Bulletin