Dangote never requested funding from Elumelu, Adenuga, myself for refinery - Otedola
Author: AyobamiPublished on: May 4, 2026Country: Nigeria
Business & Economy

Billionaire Femi Otedola stated that Aliko Dangote did not request financial support for the construction of the Dangote Petroleum Refinery, calling the reports suggesting otherwise false and misleading. Otedola clarified that he did not invest 'a single kobo' in the project and only requested a special allocation to participate in its planned public offer. He also asserted that Dangote did not seek funding from him or other business figures like Tony Elumelu and Mike Adenuga.
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