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Shareholders decry attack on Dangote refinery

The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority Farouk Ahmed, came under fire recently for comments on the Dangote Refinery, with many Nigerians demanding his resignation.

Even the House of Representatives has called on the Federal Government to immediately suspend Ahmed pending the conclusion of the investigations of allegations against what it called the unguarded statement by the CEO.

She went on to condemn what she termed as “unwarranted efforts to demarket the refinery” by regulatory bodies and cautioned that such actions could deter both local and international investors and undermine government efforts to stabilise fuel prices and ensure availability.

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