• Says import liberalisation pathway to de-industrialisation
Dike Onwuamaeze
Centre for the Promotion of Private Enterprise (CPPE) yesterday described the attempt to portray Dangote Refinery as a monopolistic threat in order to promote import liberalisations of refined petroleum products as simplistic and a pathway to Nigeria’s de-industrialisation.
CPPE said Nigeria had just witnessed one of the most consequential industrial investments in Africa through the establishment of the Dangote Refinery, alongside growing investments in modular refineries across the country that should be strategically supported, celebrated, and strengthened.
It expressed concern over the growing advocacy for unbridled importation of petroleum products at a time Nigeria should be consolidating domestic refining capacity and accelerating its industrialisation journey.
