The Executive Editor of REPORT AFRIQUE International, Comrade Phils, took to his social media after google results showed Aliko Dangote to be the owner of Nigeria. Interestingly, if one is to search “Who is the owner of Nigeria”, google responds with the name of the Industrial Conglomerate, Aliko Dangote.
In light of this development, the prominent media personality took to his social media to condemn the government. According to the post, Philip believes that Aliko Dangote Owns Nigeria. He reasoned that Dangote managed to build a refinery worth $19B in eight years. Meanwhile, Nigeria’s government could not achieve the same feat
within the same time frame. Additionally, the government could not revive any of the old refineries effectively.
Comrade Phils further noted in his social media account that once the refinery gets officially launched in 2023, Dangote will become $31B rich. In comparison, the Executive Editor of REPORT AFRIQUE International noted that Nigeria’s foreign reserves stand at $37b as of December 2022.
Meanwhile, Philip stated that When in full operation, the refinery will be capable of processing about 650,000 barrels per day of crude oil. This will make the refinery the largest single-train refinery in the world.
Nigeria’s daily petroleum consumption stands at 469,000 barrels per day. Consequently, the Dangote refinery will cut Nigeria’s dependence on imported fuel by 100%. In the meantime, the remaining 80 000 barrels per day from the Dangote refinery can also partly service Ghana, Benin Republic and Cameroon, which all stand each at 97,000 barrels consumption per day.
He pointed out in the social media post, So added to salt, sugar and cement, we will all have to depend solely on one man to survive on many fronts- your cars, your generators, your happiness. We will have to give a huge chunk of our daily expenses to Aliko Dangote in the future.
He believes that if anyone searched Google for the owner of Nigeria and found that Dangote’s name popped up, it was not an error. He noted that Believe it or not, it is true that Dangote now owns Nigeria.