Close Menu
  • Home
  • News
  • Politics
  • Health
  • Business
  • Education
  • Opinion
  • Lifestyle
  • Entertainment
Facebook X (Twitter) Instagram
The Meridian Spy
  • Home
  • News
  • Politics
  • Health
  • Business
  • Education
  • Opinion
  • Lifestyle
  • Entertainment
The Meridian Spy
Home»Business»Dangote’s $18.5bn Refinery Sparks Fresh Controversy In Ogun
Business

Dangote’s $18.5bn Refinery Sparks Fresh Controversy In Ogun

meridianspyBy meridianspyMay 23, 2023No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email
Share
    

Share!

  • Share
  • Tweet

Inauguration of the multi-billion dollar Dangote Refinery has sparked fresh controversy in Ogun State, Daily Trust reports.

The $18.5 billion monumental investment was to be sited in Ogun State before it was moved to its present location in the neighbouring Lagos State.

Shortly after the inauguration of the project on Monday, some stakeholders in the state rued loss of the project to Lagos.

Segun Showunmi, governorship aspirant of PDP in the 2023 election, blamed the loss on “bad politics.”
He called on a law “that punishes economic sabotage occasioned by bad politics.”

Showunmi in a statement he personally signed said “I cannot but wonder what explanation Ogun State has for not housing that project that sits pretty within our Ogun Development Master Plan with Olokola Free Trade Zone in Ogun Waterside!
Showunmi in a statement he personally signed said “I cannot but wonder what explanation Ogun State has for not housing that project that sits pretty within our Ogun Development Master Plan with Olokola Free Trade Zone in Ogun Waterside!

“It is time to have a law that punishes economic sabotage occasioned by bad politics! No one should be allowed to set back a state on the altar of winning an election, which more than likely has queried integrity.

“No state can make a steady process if that nonsense is not punished to prevent a repeat.”

He congratulated Aliko Dangote and the Lagos over the refinery, saying “Thank God Dangote did not take the project outside the country, which would have provoked me beyond words.”

In a swift reaction, Governor Dapo Abiodun said he was not responsible for the loss of Dangote Refinery to Lagos.

He said it was a disagreement with former Governor Ibikunle Amosun and the business mogul, Dangote, that cost Ogun to lose the monumental project to Lagos.

Our correspondent reports that Abiodun was the Chairman of the Committee on the Olokola Free Trade Zone projects, at the period when the project was lost to Lagos State.

In a statement signed by his Chief Press Secretary, Abiodun admitted serving as the chairman of the committee and “did everything possible to make sure the project saw the light of the day.”

“As we are all aware, the penultimate administration made appreciable and concerted efforts to ensure that the Olokola deep sea port and other ancillary projects in the OKFTZ, become a reality, by rallying major players in the oil and gas sector, including Dangote Group.

“But, the successive governments between 2011 and 2019, for reasons best known to it, killed the project and frustrated the promoter of Dangote Refinery out of the state.

“The then governor, perhaps, having a personal axe to grind with the promoter of the refinery project, Alhaji Aliko Dangote, frustrated all the efforts of Governor Abiodun and his committee.

“Having become governor in 2019, it is on record that Governor Dapo Abiodun had always rued the missed opportunity and he’d embarked on efforts in reawakening the OKFTZ. At different forums, the governor had made it known that the Olokola project is a gold mine waiting to be tapped by the state.”

Related

Share this:

  • Share on WhatsApp (Opens in new window) WhatsApp
  • Tweet

No related posts.

Dangote Refinery h Ogun Development
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
meridianspy

Related Posts

Oil Output Rises As Pipeline Losses Decline

August 21, 2026

Tinubu Orders Fresh Mapping of Nigeria’s Illicit Arms Network After 10 Years

August 21, 2026

CBN To Boost Digital Payment Adoption for economic Devt

August 21, 2026
Search
Recent Posts
  • NNPC, OML 118 Partners Sign Deals to Advance $15bn Bonga South-West/Aparo Project
  • FCT CP Warns DPOs Against Unlawful Detention of Suspects Beyond 24 Hours
  • Funke Akindele Faces Backlash Over Birthday Post on Ogogo’s Burial Day
  • Military Air Strikes Kill ISWAP Fighters, Destroy Gun Trucks in Borno
  • Birth Incentive: Singapore to Give Families Up to N94m in Benefits for Each Child Born
  • 𝗖𝗮𝗻𝗰𝗲𝗿 𝗘𝘅𝗶𝘀𝘁𝘀, 𝗞𝗲𝗲𝗽𝗶𝗻𝗴 𝗤𝘂𝗶𝗲𝘁 𝗜𝘀 𝗗𝗮𝗻𝗴𝗲𝗿𝗼𝘂𝘀, 𝗢𝗻𝗰𝗼𝗹𝗼𝗴𝗶𝘀𝘁 𝗪𝗮𝗿𝗻𝘀 𝗡𝗶𝗴𝗲𝗿𝗶𝗮𝗻𝘀
  • Why Subsidy Payment Should Not Return, Says Information Minister
  • DNA Tests: 1 In 4 Men Not Biological Fathers of Their Children — Report
  • 𝗔𝗣𝗖, 𝗣𝗗𝗣 𝗧𝗿𝗮𝗱𝗲 𝗔𝗰𝗰𝘂𝘀𝗮𝘁𝗶𝗼𝗻𝘀 𝗢𝘃𝗲𝗿 𝗗𝗶𝘀𝗿𝘂𝗽𝘁𝗶𝗼𝗻 𝗢𝗳 𝗞𝘄𝗮𝗿𝗮 𝗘𝗺𝗽𝗼𝘄𝗲𝗿𝗺𝗲𝗻𝘁 𝗘𝘃𝗲𝗻𝘁
  • 𝐏𝐫𝐢𝐬𝐜𝐢𝐥𝐥𝐚 𝐎𝐣𝐨 𝐂𝐞𝐥𝐞𝐛𝐫𝐚𝐭𝐞𝐬 𝐒𝐨𝐧’𝐬 𝐅𝐢𝐫𝐬𝐭 𝐁𝐢𝐫𝐭𝐡𝐝𝐚𝐲, 𝐔𝐧𝐯𝐞𝐢𝐥𝐬 𝐅𝐚𝐜𝐞
  • 𝐇𝐨𝐰 𝐓𝐨 𝐔𝐩𝐥𝐨𝐚𝐝 𝐎’𝐋𝐞𝐯𝐞𝐥 𝐑𝐞𝐬𝐮𝐥𝐭 𝐎𝐧 𝐉𝐀𝐌𝐁 𝐏𝐨𝐫𝐭𝐚𝐥 𝐖𝐢𝐭𝐡𝐨𝐮𝐭 𝐕𝐢𝐬𝐢𝐭𝐢𝐧𝐠 𝐂𝐁𝐓 𝐂𝐞𝐧𝐭𝐫𝐞
  • 𝐑𝐞𝐥𝐢𝐠𝐢𝐨𝐧 𝐌𝐮𝐬𝐭 𝐔𝐧𝐢𝐭𝐞, 𝐍𝐨𝐭 𝐃𝐢𝐯𝐢𝐝𝐞 𝐍𝐢𝐠𝐞𝐫𝐢𝐚𝐧𝐬, 𝐅𝐚𝐬𝐡𝐨𝐥𝐚 𝐒𝐚𝐲𝐬
  • Osun Poll: How Vote Buyers Breached EFCC, ICPC, INEC Defences
  • “Don’t Cry, My Princess,” Ogogo Told Daughter Weeks Before Death
  • FAAC Bonanza: Govs Face Questions as Payouts Hit N47tn
Categories
  • Business
  • Crime
  • Education
  • Entertainment
  • Environment
  • Foreign
  • Health
  • Investigations
  • Labour
  • Lifestyle
  • Metro
  • News
  • Opinion
  • Politics
  • Security
  • Sport
  • Technology
  • World news
Access Bank DiamondXtra Season 16 Rewards
  • About us
  • Contact Us
  • News
  • Politics
  • Health
© 2026 All Right Reserved. Designed by Techjuno

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