NNPC ​said granting Dangote’s request would expose ⁠Africa’s largest oil producer to supply disruptions, price instability and risks to national energy ​security

The Olokola seaport project has already received backing from host communities, whose leaders expressed optimism over its economic potential

President and Chief Executive Officer of Dangote Group, Aliko Dangote, has warned that Africa is facing a shortage of ports, particularly in West and Central Africa.

“It was like swimming across the ocean. Once you’re in the middle, you can’t go back, so you keep moving forward.

“The other biggest risk is government inconsistencies in policies, and we are addressing that one because if you look at our refinery, the national oil company already owns 7.25 per cent, and they are trying to buy more. We are the ones that said no; we want to now spread it and have everybody be part of it.”