Former presidential candidate of the Labour Party in the 2023 elections, Peter Obi, has emerged as a vocal advocate for the Dangote Refinery project, urging the Nigerian federal government to prioritize support rather than criticism.
In a series of tweets on his verified X page on Tuesday, Obi emphasized that the Dangote Refinery represents a critical economic asset for Nigeria, stressing that issues surrounding it transcend mere politics.
“Dangote Refinery Should Be Fully Supported, Not Vilified,” Obi tweeted. “The recent disputes involving Dangote Industries and governmental bodies are deeply concerning. This is more than politics; it’s about Nigeria’s economic prosperity, future, and the welfare of its people.”
Citing the refinery’s potential to generate approximately $21 billion in annual revenue and create over 100,000 jobs, Obi underscored its strategic importance in resolving Nigeria’s fuel challenges, boosting foreign exchange earnings, and fostering overall economic growth.
He called on government agencies to swiftly resolve existing conflicts and provide necessary assistance to ensure the seamless establishment and operation of the refinery and associated ventures.
“Alhaji Dangote’s contributions to Nigeria are significant, spanning multiple sectors including cement, sugar, salt, and energy,” Obi continued. “His commitment to industrialization and job creation amidst daunting challenges deserves robust support and protection.”
Expressing concern over Nigeria’s economic downturn, Obi highlighted a decline in GDP and rising unemployment, urging urgent measures to reverse the trend and transition from consumption-oriented to production-focused economic policies.
He criticized current leadership for what he termed a lack of proactive economic management, urging a shift towards inclusive and sustainable growth strategies to alleviate poverty and stimulate economic stability.
“In the face of escalating challenges, our focus should be on inclusive economic growth to uplift millions out of poverty and ensure a prosperous society,” Obi concluded.
His stance aligns with ongoing controversies surrounding Dangote’s interactions with government bodies and local oil producers, particularly as Nigeria prepares for the refinery’s anticipated commencement of petrol production in August.
