By Esther Ososanya The National Oil and Gas Suppliers Association of Nigeria (NOGASA) has issued a cautionary appeal to the Dangote Refinery, urging the industrial giant to reconsider its entry into direct fuel distribution, which the association says poses a significant risk to the survival of thousands of small and medium-scale oil marketers across Nigeria. …
By Esther Ososanya Africa’s richest man, Aliko Dangote, has delivered a sobering warning to the continent’s leaders: Unless powerful fuel import interests are confronted head-on, no new refinery will ever be built again in sub-Saharan Africa. Speaking at the Global Commodity Insights Conference in Abuja, the billionaire industrialist declared that entrenched rent-seeking, offshore fuel cartels, …
