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.”

READ ALSO  ANALYSIS: Nigeria's Military Court Martial, Coups and Consequences   By Kabir Abdulsalam,

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.”

READ ALSO  Senate Right in Suspending Natasha, Says Appeal Court

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

Editors Express Concern Over Senate’s Position on Electronic Transmission of Election Results

February 11, 2026

ANALYSIS: Nigeria’s Military Court Martial, Coups and Consequences   By Kabir Abdulsalam,

February 10, 2026

TCN Announces Planned Power Outage In Niger State

February 10, 2026
Search
Recent Posts
  • Editors Express Concern Over Senate’s Position on Electronic Transmission of Election Results
  • ANALYSIS: Nigeria’s Military Court Martial, Coups and Consequences   By Kabir Abdulsalam,
  • TCN Announces Planned Power Outage In Niger State
  • We’ll Defeat Terrorism, Banditry,Says Tinubu 
  • JUST IN: Atiku, Makinde held ‘Secrete Meeting’ with Ex-Military President in Minna
  • NITDA Pledges Support for CAC’s AI-Driven Transformation
  • Senate Right in Suspending Natasha, Says Appeal Court
  • CBN, NCC to Audits Failed Airtime,  Data Transactions of Consumers 
  • EU Warns Meta Against Blocking AI Rivals on WhatsApp in Antitrust Probe
  • Iran Rejects U.S. Pressure, Vows Not to Be Intimidated in Nuclear Negotiations
  • Fubara “Pleaded” with Wike After Meeting Tinubu in Abuja
  • Protesters besiege NASS over electronic result transmission
  • Not all electricity meters are free, NERC clarifies
  • SpaceX now building self-growing city on the moon, says Musk
  • How Nigeria can leverage solid minerals for economic growth- Don
Categories
  • Business
  • Education
  • Entertainment
  • Foreign
  • Health
  • Investigations
  • Lifestyle
  • News
  • Opinion
  • Politics
  • Sport
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.