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Nigeria’s richest man escalates fight with regulators

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Nigeria’s richest man, Aliko Dangote escalated his fight with regulators, accusing them of enabling cheap fuel imports that threaten local refineries
Nigeria is Africa’s biggest oil producer but relies heavily on imports and Dangote’s refinery was meant to change that. Dangote says if imports continue unchecked, they will threaten jobs, investment and energy security.
Speaking at his 650 000-barrel-per-day oil refinery in Lagos, Dangote says imports are being used to create jobs abroad while Nigeria struggles to industrialise.
–Reuters–