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Africaās richest person, Aliko Dangote, says local and foreign mafia tried several times to sabotage his $19 billion refinery from coming to fruition.
This is as he said he has repaid about $2.4 billion of the $5.5 billion borrowed to build the refinery.
According to him, several entities did everything to sabotage the 650,000 barrels per day facility.
He spoke Wednesday at the Afreximbank annual meetings (AAN) and AfriCaribbean Trade and Investment Forum in Nassau, The Bahamas.
Dangote said he was aware that resistance would always exist, but he did not anticipate it being so harsh.
āWell, I knew that there would be a fight. But I didnāt know that the mafia in oil, they are stronger than the mafia in drugs. I can tell you that. Yes, itās a fact. The local and foreign mafia tried several times to sabotage the refinery from coming to fruition,ā he said.
The businessman, who tagged himself a fighter throughout his life, said the mafias had tried several times to defeat him.
āBut Iām a person that has been fighting all my life. You know, so I think itās part of my life to fight,ā he said.
On if he was receiving enough crude oil as feedstock for his refinery from the international oil companies (IOCs), Dangote said: āIn a system where for 35 years people are used to counting good money, and all of a sudden they see that the days of counting that money have come to an end, you donāt expect them to pray for you. Of course, you expect them to fight back.
āAnd I think that is the process that weāre now really going through. But the truth is that, yes, the country, the sub-region, and also the continent, sub-Saharan Africa, need this refinery. So, you expect them to fight through non-supply of crude, non-purchase of the product, but I think itās all temporary. Weāll get there.ā
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