Dangote Refinery: Nigerian billionaire Femi Otedola denies funding the project

Femi Otedola denied allegations that he funded the Dangote refinery, stating he has not invested a single kobo, dollar, or naira. Rumors on social media claimed he contributed $300 million, but Otedola clarified that his interest was only in a special allocation to participate in the public offering. The Dangote group also rejected these claims, labeling the reports as malicious fabrications.