Bayo Onanuga Reacts After Dangote Said He Paid $100M To Lagos Govt To Acquire The Land For Refinery

Bayo Onanuga, the Special Adviser to President Bola Tinubu on Information and Strategy has reacted after Nigerian businessman, Alhaji Aliko Dangote revealed the amount he acquired the land upon which the refinery in Lagos state was built.

In a viral video that surfaced online, Dangote was speaking about monopoly when he stated that the refinery land in Lagos state was not free. He said he paid the sum of $100 million to the Lagos state government. He said he didn’t collect any incentive from the Federal Government of Nigeria or the Lagos state government.

Dangote said;

“In the refinery, we did not, and I repeat, we did not collect one single incentive from the Federal Government of Nigeria or even Lagos State. Yes, the Lagos State gave us a good deal but we paid $100m for the land. It wasn’t free land; we paid for it”.

However, Bayo Onanuga has now reacted after seeing the video. In the post that he shared on his page, he said Dangote refinery must not fail.

He wrote on his official X handle;

“Dangote refinery must not fail”.

Kindly click on the link here to watch the video.

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