NEWS: Obasanjo Opens Up About How Dangote’s $750m Offer to Manage Nigeria’s Refineries Was Rejected

Obasanjo Opens Up About How Dangote’s $750m Offer to Manage Nigeria’s Refineries Was Rejected

Former President Obasanjo revealed that repeated attempts to privatize Nigeria’s refineries during his tenure were thwarted by corruption and inefficiencyShell declined offers to manage the refineries, citing small capacities, poor maintenance, and systemic corruption in the downstream sectorObasanjo contrasted the government’s inefficiency with Aliko Dangote’s private refinery, expressing confidence in its ability to succeed

Former Nigerian President Olusegun Obasanjo has opened up…

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