Stop demarketing Dangote Refinery, Indigenous companies

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Dangote Refinery News

Man,NMDPRA

Manufacturers Association of Nigeria, MAN, has warned the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, and other regulators in the country to stop demarketing Dangote Refinery and other local producers. Director-General, Mr.

Segun Ajayi-Kadir of MAN disclosed this in a statement while reacting to the feud between Dangote Refinery and NMDPRA. 'It is expected that agencies of government, that provide regulatory oversight functions, should promote an enabling business environment for local investments to thrive. 'No regulatory agency should be seen to be casting a shadow over a homegrown investment like the Dangote Refinery.

Recall that last week, the Chief Executive Officer of NMDPRA, Farouk Ahmed stated that diesel from the Dangote refinery is inferior compared to imported ones. He also said the Dangote Refinery is yet to be commissioned while kicking against monopolistic tendency by the firm. However, the Chairman of Dangote Group, Aliko Dangote dismissed Ahmed's statement. Dangote said diesel and other petroleum products from his refinery were of high quality.

 

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