Dangote Refinery: “We Don’t Want Monopoly, We Need More Players”- Aliko Dangote

Dangote Says Nigeria Needs More Refineries, Not Monopoly

Africa’s richest man, Aliko Dangote, has pushed back against claims that his dominance in key industries amounts to a monopoly, stressing that Nigeria’s economy will benefit more from increased competition in refining and other capital-intensive ventures. Speaking on the role of his $20 billion refinery, Dangote explained that while profitability is necessary to keep such … The post Dangote Says Nigeria Needs More Refineries, Not Monopoly appear…

Dangote Refinery: “We don’t want monopoly, we need more players”- Aliko Dangote

Africa’s richest man, Aliko Dangote, has dismissed claims that his dominance in cement and petroleum amounts to a monopoly, insisting that the Nigerian economy needs more players with the scale and resources to compete.  The post Dangote Refinery: “We don’t want monopoly, we need more players”- Aliko Dangote  appeared first on Nairametrics.