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FG didn’t give any incentive, we paid $100m for the land to build refinery – Aliko Dangote

JUST IN: Dangote refinery commences production

During a meeting with the leadership of the House of Representatives, Aliko Dangote, Africa’s wealthiest individual, clarified that he did not receive any form of government incentive to construct his $20bn refinery in the Lekki Free Trade Zone.

“In the refinery, we did not, and I repeat, we did not collect one single incentive from the Federal Government of Nigeria or even Lagos State.

“Yes, the Lagos State gave us a good deal but we paid $100m for the land. It wasn’t free land; we paid for it,” he said.

“Majority of the population are with us. So, we are not discouraged, we will continue what we are doing.”

He urged the House to investigate the quality of diesel and petrol at filling stations, disputing the allegations that products from his refinery were subpar.

Dangote also requested that a committee be established to test products at different filling stations nationwide, highlighting the harm caused to vehicles and engines by inferior products.

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