Close Menu
Chronicle NG
    Trending Stories
    Former CBN Governor Godwin Emefiele appears in court as an EFCC witness testifies about the alleged $6.23 million withdrawal case in Abuja.

    Emefiele Trial: Witness says alleged $6.2m withdrawal pushed CBN dollar account into negative balance

    July 3, 2026
    Nigerians

    More Nigerians evacuated from South Africa arrives Lagos

    July 3, 2026
    Iran begins public mourning for supreme leader killed in February

    Iran begins public mourning for supreme leader killed in February

    July 3, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Emefiele Trial: Witness says alleged $6.2m withdrawal pushed CBN dollar account into negative balance
    • More Nigerians evacuated from South Africa arrives Lagos
    • Iran begins public mourning for supreme leader killed in February
    • NDC demands Gbajabiamila’s sack over PFIPC scandal
    • Rescuers pull out Venezuelan man alive eight days after quakes
    • Ganduje denies dumping APC, calls defection to NDC fake
    • Bandits kill ex-Benue SSG David Salifu
    • Obi blames FG over education crisis, cites ‘weak leadership’
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Friday, July 3
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    Dangote refinery too vital to fail with 100,000 jobs at stake, says Obi

    Opalim LiftedBy Opalim LiftedJuly 23, 2024No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    SEC warns Investors, halts promotion of Dangote Refinery IPO
    Dangote refinery
    Facebook Twitter WhatsApp

    Former Anambra state governor and presidential candidate of the Labour Party (LP), Peter Obi, has lent his support for the Dangote Refinery, urging the Nigerian government to resolve ongoing conflicts and provide necessary assistance for the project’s success.

    In a statement on Tuesday via X, Obi emphasised the critical importance of the refinery to Nigeria’s economic future.

    “The recent conflicts between Dangote Industries and some government agencies are deeply troubling,” Obi stated.

    He stressed that the issue transcends political affiliations and personal grievances and is fundamentally about Nigeria’s economy and the well-being of its citizens.

    Highlighting the refinery’s potential impact, Obi said, “The refinery has the potential to generate approximately $21 billion in annual revenue and create over 100,000 jobs, with numerous additional positive impacts on the economy.”

    He underscored its strategic importance in addressing Nigeria’s fuel crisis and boosting foreign exchange earnings.

    • Refinery Impasse: Lokpobiri convenes emergency meeting with Dangote, Ahmed, Kyari

    He said, “The refinery is too vital to fail and must not be hindered, considering its crucial role in our national welfare.”

    Obi praised Aliko Dangote’s contributions to Nigeria’s industrial landscape, describing him as a national and African brand symbolising patriotism, commitment, and impactful entrepreneurship.

    Let us work together to build brighter future, Obi tells UK’s Keir Starmer
    Peter Obi

    He pointed out Dangote’s diverse industrial portfolio, which spans over 15 sectors including cement, sugar, fertiliser, and petrochemicals.

    “Alhaji Dangote’s unwavering dedication to Nigeria’s industrialization, job creation, and economic growth, despite adversities, warrants full support and protection,” Obi said.

    Dangote rejects claims of substandard refinery petroleum products
    Aliko Dangote, President of Dangote Group

     

    He argued that given Nigeria’s current economic challenges, enterprises like Dangote Industries should be regarded as national treasures, meriting robust support and protection.

    The former Anambra State governor called on the Federal Government to recognize the significance of Dangote’s contributions and provide all necessary support, particularly for the refinery.

    “The success of Dangote is intrinsically linked to the success of Nigeria and Africa,” Obi said, warning that its failure would be a significant setback for both the country and the continent.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Former CBN Governor Godwin Emefiele appears in court as an EFCC witness testifies about the alleged $6.23 million withdrawal case in Abuja.

    Emefiele Trial: Witness says alleged $6.2m withdrawal pushed CBN dollar account into negative balance

    Nigerians

    More Nigerians evacuated from South Africa arrives Lagos

    Iran begins public mourning for supreme leader killed in February

    Iran begins public mourning for supreme leader killed in February

    Students loan scheme to kick-off in January 2024, Gbajabiamila reveals

    NDC demands Gbajabiamila’s sack over PFIPC scandal

    Rescuers carry Hernan Gil on a stretcher after he was pulled alive from a collapsed building in Catia La Mar, Venezuela, eight days after devastating earthquakes.

    Rescuers pull out Venezuelan man alive eight days after quakes

    Ganduje speaks on one-party system during defection of PDP senators to APC

    Ganduje denies dumping APC, calls defection to NDC fake

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    Former CBN Governor Godwin Emefiele appears in court as an EFCC witness testifies about the alleged $6.23 million withdrawal case in Abuja.

    Emefiele Trial: Witness says alleged $6.2m withdrawal pushed CBN dollar account into negative balance

    July 3, 2026
    Nigerians

    More Nigerians evacuated from South Africa arrives Lagos

    July 3, 2026
    Iran begins public mourning for supreme leader killed in February

    Iran begins public mourning for supreme leader killed in February

    July 3, 2026
    Students loan scheme to kick-off in January 2024, Gbajabiamila reveals

    NDC demands Gbajabiamila’s sack over PFIPC scandal

    July 3, 2026
    Rescuers carry Hernan Gil on a stretcher after he was pulled alive from a collapsed building in Catia La Mar, Venezuela, eight days after devastating earthquakes.

    Rescuers pull out Venezuelan man alive eight days after quakes

    July 3, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.