Former spokesperson to ex-President Goodluck Jonathan, Ima Niboro, has asked Aliko Dangote not to prioritize profit in his refinery venture.
He said this in an interview with TheCable.
“I also urge our big brother, Dangote, that at this point, it’s a business, but let him not prioritise profit too much. Nigeria has been very kind to him,” he said.
“Let him (Dangote) at this time show pure kindness to Nigerians. If he loses a a couple of billions naira along the line, he would make more billions from diesel, petrochemicals, and the over 5000 other products his refinery is designed to produce and sell to Nigerians and the rest of the world.
“A little bit of sacrifice in this matter will not make him any poorer. He must not prioritise profit at this time.
“In his Bloomberg interview, he noted that petrol is cheaper in Nigeria than in Saudi Arabia, which is the largest producer of crude oil in the world.
“He also said that Saudi people look at it from the perspective that this is what God blessed them with; they should at least have some benefits from it, some kind of subsidy from it. This is also the mindset of Nigerians.
“Nigerians have always felt that this is the thing that we have now. It’s like having vegetables cultivated in your backyard; you won’t pay the same amount of money for it as those that don’t have it. That is the mindset.
“But of course we know that it doesn’t work like that in modern economics. It is because of that NNPC was swallowing up more than half of the cost of a litre. Let Dangote approach this petrol issue with the same mindset. His name will be etched in gold, and he won’t even be the poorer for it.”
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