The presidential candidate of the Peoples Democratic Party in the 2023 elections in Nigeria, has described as troubling the face-off between the Nigerian Midstream and Downstream Petroleum Regulatory and Africa’s richest man, Aliko Dangote, over his refinery.
The former Vice President of Nigeria between 1999 and 2007 stated this in a post on his X handle on Tuesday.
Abubakar said: “The conflict between @AlikoDangote and @NMDPRA_Official is troubling.
“The Dangote Refinery, our nation’s largest private investment, is crucial for Nigeria’s energy and economic stability.
“The 650,000 bpd refinery is essential for our energy needs and economic stability, and NNPCL’s investment underscores its importance.
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“If we neglect this, we risk deterring vital foreign direct investment.
“No investor will trust a nation that undermines its key assets.
“Protecting significant investments like Dangote’s is essential to attract FDI and drive our economic growth.”
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