aliko_dangoteDespite successfully mobilising the requited $9 billion investment for his proposed refining and petrochemical projects, President and Chief Executive of the Dangote Group, Alhaji Aliko Dangote, at the weekend admitted that mustering the funds will not deliver the project, hence the need for collaboration of all stakeholders.

A major success factor, Dangote said, is the guaranty of an enabling environment provided by all stakeholders in the oil and gas industry for the growth and development of the national economy.

Dangote, who was chairman at the third Quadrennial Delegate Conference of the National Union f Petroleum and Natural Gas Workers (NUPENG) in Port-Harcourt at the weekend, warned that the dream to refine petroleum products for exports will not materialise unless government musters the political will to drive to its logical conclusion the ongoing reforms in the oil and gas industry.

Already however, a key stakeholder group- the organised labour, he noted, has declared support for the project, which is expected to help deliver jobs.


Information from Daily Independent was used in this report.