Nigeria's richest man Aliko Dangote takes on the 'oil mafia'

Having built a $20bn oil refinery, Aliko Dangote is now at the heart of a row in the murky industry.

British Broadcasting CorporationWatchHomeNewsSportBusinessInnovationCultureArtsTravelEarthVideoLiveHomeNewsIsrael-Gaza WarWar in UkraineUS ElectionUS & CanadaUKUK PoliticsEnglandN. IrelandN. Ireland PoliticsScotlandScotland PoliticsWalesWales PoliticsAfricaAsiaChinaIndiaAustraliaEuropeLatin AmericaMiddle EastIn PicturesBBC InDepthBBC VerifySportBusinessExecutive LoungeTechnology of BusinessFuture of BusinessInnovationTechnologyScience & HealthArtificial IntelligenceAI v the MindCultureFilm & TVMusicArt & DesignStyleBooksEntertainment NewsArtsArts in MotionTravelDestinationsAfricaAntarcticaAsiaAustralia and PacificCaribbean & BermudaCentral AmericaEuropeMiddle EastNorth AmericaSouth AmericaWorld’s TableCulture & ExperiencesAdventuresThe SpeciaListEarthNatural WondersWeather & ScienceClimate SolutionsSustainable BusinessGreen LivingVideoLiveLive NewsLive SportHomeNewsSportBusinessInnovationCultureArtsTravelEarthVideoLiveAudioWeatherNewslettersWho wins when Nigeria's richest man takes on the 'oil mafia'?Getty ImagesAliko Dangote made his money through sugar and cementPetrol production at Nigerian business tycoon Aliko Dangote’s $20bn (£15.5bn) state-of-the-art oil refinery ought to be some of the best business news Nigeria has had in years.

But many Nigerians will judge its success on two key questions - firstly: "Will I get cheaper petrol?"

Sorry, but probably no - unless the international price of crude drops.

And secondly: "Will I still have to spend hours watching my hair turn grey in a hypertension-inducing fuel queue?"

Hopefully those days are gone but it might partly depend on the behaviour of what Mr Dangote calls "the oil mafia".

https://www.bbc.com/news/articles/cd7n3dp10w5o


Post ID: 015e64c0-405a-4c73-ac9b-7753083780d5
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Updated: 1 month ago
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