They told him he was crazy to want to build a private refinery in Nigeria. He was shunned by some Western Technical partners. It was hard for him to get credit to finance the project. Many Western competitors, and their domestic conspirators who profit from petroleum product importation, worked and lobbied against his success. He succeeded, and the rest is history....
President Tinubu and Nigerians should prostrate and thank Dangote for taking a big risk with all of his assets (the richest man in Africa then and still is) to build the world's largest single-train refinery, with a capacity of 650,000 barrels per day. Dangote's refinery is partly responsible for Nigeria's credibility restorationin the global business arena, the resurgence in our economy that saw a stupendous growth of 4% in 2025, and is projected to be higher in 2026. His refinery has increased our access to foreign currency through export, and the reduced the demand for foreign currency for importation of what his refinery now produces locally. These have in turn strengthened the naira against the major currencies...
How I wish Dangote would decide to run for the president of Nigeria. I am so sure many Nigerians of different hues and colors will line up behind him... we will forget about rotational presidency... I am not a fan of many of his monopolistic dominance in certain sectors of the economy, but he has done right by us as a country in this regard.
We have Dangote to thank as a shrewd businessman who could take risks. #dangote

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