Dangote Industries has come out swinging, accusing international oil companies of deliberately sabotaging Nigeria’s most ambitious refinery project. According to Devakumar Edwin, Vice President of Oil and Gas at Dangote, these companies are making it nearly impossible for the refinery to buy local crude by inflating prices well above global benchmarks.
Edwin claims the goal is clear: force the Dangote refinery to import crude from the United States, undermining Nigeria’s energy independence and keeping the country reliant on foreign refined fuel. “They want to keep exporting raw crude to their countries, refining it there, and dumping the expensive fuel back into Nigeria,” he said.
The refinery, touted as a game changer for Africa’s energy landscape, has faced numerous hurdles, but this latest accusation could have significant geopolitical and economic implications. If true, it suggests an orchestrated effort to suppress African industrialization in favor of maintaining the status quo that benefits Western oil giants.
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