Politics tamfitronics
Human rights lawyer Femi Falana has expressed worry over the ongoing dispute surrounding the Dangote Refinery, stating that it sends a negative signal to investors about Nigeria.
On Channels Television’s Politics Today, Falana said: “The government’s actions are contradictory – seeking foreign investment while destroying local investment. This is dangerous for the country.”
The controversy began when regulatory authorities accused Dangote Refinery of producing sub-standard petroleum products, a claim the company denies.
Additionally, Aliko Dangote has put on hold plans to invest in the steel sector due to accusations of monopoly.
Falana dismissed the monopoly claims as “childish” and emphasised the need for the government to resolve the issue to avoid deterring investors.
He described the situation as an “inter-class feud” that is harming the country.
“It is so embarrassing that we are telling the whole world that the government of Nigeria is incapable of managing its affairs. That one person is monopolising trade in our country,” he said.
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“What is the purpose of the government? It is to checkmate any monopolistic control of any business in Nigeria. But what do you call a monopoly?
“If you have allowed your own refineries to be destroyed, what happens? Somebody now decides to have a refinery, that’s a monopoly. There is nothing you can do about it.”
“You must now stop this childish, very puerile argument that someone wants a monopoly,” he said, calling on the government to work and fix the country’s refineries.
“It is not the business of the government? That’s why you have the Federal Consumer Protection Commission to deal with anybody who wants to maintain a monopoly in business in the country. The government must go back to the drawing table.”
Falana asked the government to work with Dangote Refinery and support its operations.
“If a factory is likely to employ 500,000 people, young people, the government must try and embrace that company and see what can be done,” he said.
