None of these charges is as unkind as those of Ahmed, who, if shame still means anything, should not have uttered the first letter of the “S-word,” never mind the phrase “Sulphur levels.” I’m not sure he can find his way to a viable lab owned by NMDPRA or NNPC because there isn’t one. The regulators rely on third-party labs in Lagos, such as GMO, Sewort, SGS, and others, to vet its imported petroleum products
NNPC v Dangote: Where the Truth Lies Read More »
Aliko Dangote was dealt a bad hand in a failed transaction. Later, he vowed revenge. Not in a pound of flesh, but by venturing to make his own success where he had been ambushed. At issue was the decision of the government of Umaru Musa Yar’Adua in 2007 to reverse the sale of the Port Harcourt and Kaduna Refineries (two of Nigeria’s moribund refineries) to Blue Star, the Dangote-led consortium. Blue Star had paid about $670 million for the plants in the twilight of the Obasanjo administration and gone away thinking it was a done deal. It wasn’t.
Dangote Refinery Challenges Global Narrative Read More »