Dangote Refinery Is Not The Answer To Issues Confronting The Petroleum Sector – NLC

NLC President, Joe Ajaero, said the Dangote Refinery is commendable but it might not be the answer to the issues confronting the petroleum sector.

On Channels television, Ajaero said, “First, I commend Dangote Refinery but the provision of having dictatorship of the market especially in the private sector is dangerous. Now that is what we are experiencing in the area of cement production. What is Dangote Refinery going to produce? Will it be enough?

“He has done enough to build a refinery. If three or four companies like that are refining then you are talking of competition.

“So, I think while we commend Dangote as a good Nigerian, we are talking about competition, we are talking of deregulation. So Dangote has done well, but can Dangote take care of 30% of the needs of Nigerians?” Ajaero queried.

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