In a recent response to Aliko Dangote’s statement that the Dangote Refinery was built to benefit Nigerians, Labour Party chieftain Kenneth Okonkwo dismissed the claim, arguing that the project was designed to serve Dangote’s personal interests. Okonkwo’s comments, published by the Sunday Sun, challenge the narrative of altruism surrounding the massive oil refinery.…..For More READ THE FULL ARTICLE HERE ▶▶...CLICK HERE TO CONTINUE READING.>>
Okonkwo, a lawyer and politician, took a critical stance on Dangote’s intentions, asserting that the refinery was constructed for profit rather than public service. He emphasized that Dangote, as a businessman, is primarily focused on financial gain, framing the refinery project as a capitalist venture aimed at self-benefit rather than societal good.
Thank you for reading this post, don't forget to subscribe!Drawing on his background in business administration, Okonkwo underscored the fundamental goal of any business—to generate profit. He argued that Dangote’s business ventures, including the refinery, align with this principle, positioning them as profit-driven endeavors rather than acts of charity or public service.
The Labour Party figure further challenged Dangote’s assertion by proposing a direct solution to help Nigerians: lowering fuel prices to N517 per liter. This suggestion highlights Okonkwo’s belief that if Dangote were truly interested in easing the economic burden on Nigerians, he would prioritize affordability in the pricing of fuel products from the refinery.
Fuel prices in Nigeria have surged in recent months, a situation that Okonkwo’s comments bring into sharper focus. By drawing attention to the discrepancy between current prices and his proposed solution, Okonkwo aims to highlight what he sees as the self-serving motivations behind the refinery project.
In his remarks, “I was taught in business administration that the aim of any business is to make profit. If Dangote wants to help Nigerians, let him sell directly to Nigerians at N517.00 per litre.”…..For More READ THE FULL ARTICLE HERE ▶▶