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Nigeria: Emir Sanusi Defends Dangote Refinery, Challenges Critics to Raise $22bn for Competing Plant
Sanusi said the refinery is not a monopoly and urged Nigerians to buy shares in the company’s IPO for economic inclusion.
Summary by allAfrica
4 Articles
4 Articles
If you can raise $22bn, build your own refinery — Emir Sanusi hits back at critics calling Dangote a monopolist
Former Central Bank Governor and Emir of Kano Muhammad Sanusi II has rejected claims that the Dangote Refinery is seeking to establish a monopoly in Nigeria’s petroleum market, arguing that the market remains open to anyone willing to make the investment required to compete.
Nigeria: Emir Sanusi Defends Dangote Refinery, Challenges Critics to Raise $22bn for Competing Plant
The Emir of Kano, His Royal Highness Khalifa Muhammadu Sanusi II, on Thursday mounted a spirited defence of the Dangote Petroleum Refinery and Petrochemicals Limited, dismissing claims of monopoly and challenging detractors to mobilise the estimated $22 billion required to build a competing refinery.
Coverage Details
Total News Sources4
Leaning Left1Leaning Right0Center1Last Updated50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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