Nigeria: Dangote Denies Rift With Tony Elumelu, Rejects Refinery Funding Claims

Author: Abdulkareem MojeedPublished on: May 4, 2026Country: Nigeria
Business & Economy
Nigeria: Dangote Denies Rift With Tony Elumelu, Rejects Refinery Funding Claims

The Dangote Group dismissed as false and malicious allegations that its President, Aliko Dangote, distanced himself from Tony Elumelu and financed the Dangote Petroleum Refinery through personal borrowing. In a statement, the group affirmed that Dangote and Elumelu maintain a longstanding cordial relationship. The group also condemned the growing trend of fabricated statements and the unauthorized use of Dangote's name and likeness.

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