Tag: Dangote Refinery

Ibikunle Amosun Denies Allegations Over Dangote Refinery Relocation
Economy, Employment, Labour, News, Nigeria, Petroleum, Trade

Ibikunle Amosun Denies Allegations Over Dangote Refinery Relocation

The former Governor of Ogun State, Senator Ibikunle Amosun, has refuted claims by his successor, Dapo Abiodun, that he was responsible for the relocation of the $19bn Dangote refinery from Ogun to Lagos State. In a statement issued through his media aide, Bola Adeyemi, Amosun labelled Abiodun's allegations as "lies." He argued that the decision to move the refinery was made by Alhaji Aliko Dangote himself according to his business strategy and risk assessment. Amosun also clarified that the Olokola Free Trade Zone project was a Joint Venture between the Federal Government of Nigeria (which owned the majority 51%), Ondo State Government (14.5%), Ogun State Government (14.5%), strategic core investors (20%), and Alhaji Aliko Dangote who subsequently bought and took over the 20% equity...