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What you should understand about the rift between Dangote and Ahmed Farouk

by Honesty Victor
December 18, 2025
Reading Time: 2 mins read
What you should understand about the rift between Dangote and Ahmed Farouk
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Dangote is fighting because they want to destroy his investment. He has fought many battles on this refining business.

1. Obasanjo sold the Port Harcourt refinery to him. NNPC staff protested.

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2. YarAdua took back the refinery from him

3. Dangote spent $20 billion of his own money to build a brand new refinery.

4. Then, this same NMDSRA issued a statement that Dangote’s refined products were sub-standard. This was later proven to be false.

5. Then NNPC refused to supply him crude oil. He turned to the USA to source his crude oil and continues to import from them till this day.

6. Then PBAT ordered NNPC to start supplying him crude oil and to accept naira payment. NNPC was unhappy.

7. Suddenly, NUPENG and PENGASSEN ganged up, claiming Dangote is a monopolist, because he is refusing them the old practice of toll collection of N5m per truck while loading products.

8. Dangote called their bluff and decided to buy his own CNG tankers, 2000 of them.

9. NUPENG and PENGASSEN then declared a strike action demanding that Dangote staff must be allowed to join their union.

10. Smelling a rat, Dangote asked all staff to indicate if they wanted to join PENGASSEN. 800 staff signed. Dangote sacked them all, claiming 22 incidents of sabotage detected in the refinery, including unexplained fire incidents.

11. NUPENG and PENGASSEN again went on strike.

12. NASS intervened and begged Dangote to rehire the 800 staff. Dangote took the staff back, but sent them to cement factories, far away from his $20 billion refinery.

13. Today, Dangote’s refinery is working producing PMS, diesel, aviation fluid, fertilizers etc. He is exporting to USA, Asia and other African countries, earning FOREX.

14. Yet, Ahmed Farouk insists on spending our inadequate FOREX earnings to import PMS in order to keep refineries in Europe in business. Now we know why this is so. Obviously, he is receiving kick backs. He will rather do that than support a local investment. If this is not economic sabotage, what is it?

15. Clearly, Dangote and Bua who are locked in a healthy competition are contributing to our economic renaissance.

Saboteurs like Ahmed Farouk must be stopped. They are spending our FOREX while Dangote is generating FOREX for the country.

16. May God deliver this country from cankerworms.

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