Dangote Refinery paid $100m for land, no govt incentives for $20bn Lekki refinery – Dangote

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Dangote group of companies CEO, Aliko Dangote, has claimed that his $20 billion refinery at the Lekki Free Trade Zone was built without any incentives from the Nigerian government.

This is coming after a visit from the House of Representatives’ leadership, led by Speaker Tajudeen Abbas and his deputy, Benjamin Kalu.

The richest man in Africa said:

“We did not, and I repeat, we did not collect one single incentive from the Federal Government of Nigeria or even Lagos State for the refinery,” Dangote emphasized.

“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.”

“The majority of the population are with us.

So, we are not discouraged; we will continue what we are doing.”

Dangote also addressed concerns about the quality of diesel and petrol at filling stations, dismissing claims that his refinery’s products are not up to the required standard as he urged the House of Representatives to investigate the issue, suggesting the establishment of a committee to test petroleum products at various filling stations across the country.

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