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Nigeria Risks Losing Foreign Direct Investment If Dangote Refinery Fails-Atiku

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Atiku
Former Vice President of Nigeria, Atiku Abubakar has reacted to the demarketing of the Dangote Refinery.
The former presidential candidate of the Peoples Democratic Party ((PDP), in the last election explained that Dangote has been the largest private investor in the country, adding that ignoring his plight would be detrimental to Nigeria’s economy.
Further, Abubakar noted that Nigeria risks losing foreign direct investment if the refinery does not work due to government policy, adding that no investor would want to invest in a country that cannot protect its key assets.
He called on the federal government to protect Dangote’s investments, adding that it would help the country secure foreign direct investment in the long run.
“The 650,000 bpd refinery is essential for our energy needs and economic stability, and NNPCL’s investment underscores its importance. If we neglect this, we risk deterring vital foreign direct investment. No investor will trust a nation that undermines its key assets,” Abubakar said.
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