Nigerian lawyer and human rights activist, Femi Falana has said that the feud surrounding the Dangote Refinery is sending a dangerous signal to investors about Nigeria. He argued that the Nigerian government cannot go to other countries asking for investment, only to be accused of sabotaging indigenous businesses. Falana shared his reservation during an appearance on Channels Television’s Politics Today......Read The Full Article>>.....Read The Full Article>>
Nigerian regulatory authorities had accused Dangote Refinery of rolling out sub-standard petroleum products, a claim the company has refuted.
The Chairman of the Dangote Group, Aliko Dangote had also shelved plans for investment in the steel sector owing to accusations of monopoly against him.
Reacting to the scandal, Falana said, “Well, I’ve enjoyed the inter-class feud or what you might call a dog-eat-dog affair. But it’s at the expense of the country and we cannot continue like this.
“The government cannot go around the world asking for foreign investment only to be accused of destroying local investment. It is very dangerous for the country.”
Speaking on the monopoly claim, the activist opined that “It is so embarrassing that we are telling the whole world that the government of Nigeria is incapable of managing its affairs. That one person is monopolising trade in our country.
“What is the purpose of the government? It is to checkmate any monopolistic control of any business in Nigeria. But what do you call a monopoly?
“If you have allowed your own refineries to be destroyed, what happens? Somebody now decides to have a refinery, that’s a monopoly. There is nothing you can do about it.”
“You must now stop this childish, very puerile argument that someone wants a monopoly,”he said, calling on the government to work and fix the country’s refineries.
“It is not the business of the government? That’s why you have the Federal Consumer Protection Commission to deal with anybody who wants to maintain a monopoly in business in the country. The government must go back to the drawing table,” he added.
