December 21, 2024
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Arewa Youth Meeting has urged Dangote Refinery’s Chief Govt Officer (CEO), Aliko Dangote, to adjust to pointers and requirements of Nigerian Nationwide Petroleum Firm (NNPC) Restricted because the nation’s regulatory physique for the oil and gasoline trade.

The speaker of the Meeting, Mohammed Salihu Danlami, at a press convention in Abuja yesterday, stated it might be egocentric for Dangote to anticipate the NNPCL to bend the rules to serve them.

Dangote and the Nigerian Midstream and Downstream Petroleum Regulatory Authority, alongside the NNPCL, have been embroiled in a dispute just lately, starting from monopoly allegations to crude oil provide for the refinery, substandard gasoline imports, and possession of mixing crops in Malta.

Nevertheless, Danlami stated earlier than establishing the Aliko Dangote refinery, the NNPCL, NUPRC, and NMDPRA existed to hold out their duties as regulatory our bodies.

He stated Dangote ought to perceive that these are sectors coping with rules.

“Subsequently, the our bodies anticipate him to abide by the principles and nothing extra. Even the Dangote Group has guidelines and rules that each one stakeholders should adhere to.

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“It’s shocking that Aliko Dangote, as a businessman, has forgotten that competitors is inevitable in enterprise.

“Our findings present that he desires NMDPRA to not license anybody else to herald merchandise. They stated no! He blackmails them and is making an attempt to incite Nigerians towards NMDPRA, claiming they’re giving licenses to entrepreneurs who herald substandard merchandise into the nation.

“We’re calling on the Nationwide Meeting to make public the laboratory outcomes from his personal refinery as a result of data we’re getting from totally different sources signifies that the merchandise are substandard.

“We all know Mr. Dangote has been working all his life in an trade with out regulation, however the oil and power trade has guidelines and rules,” he stated.



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