Oil mafia are stronger than drug mafia - Dangote

Africa’s richest man and founder of Dangote Group, Aliko Dangote, has revealed some of the tough battles he is fighting in the oil industry he has heavily diversified into.

He said oil mafia have particularly done everything to sabotage his refinery but his own strong fighting spirit has repelled them.

Dangote, who has succeeded in other major sectors like building and food, said this at the Afreximbank Annual Meetings, noting that oil cartels were stronger than the drug mafia..

“Well, I knew that there would be a fight. But I didn’t know that the mafia in oil, they are stronger than the mafia in drugs. I can tell you that. Yes, it’s a fact,” he said.

Dangote, who described himself as a fighter, said they “tried all sorts” to stop him.

“But I’m a person that has been fighting all my life. You know, so I think it’s part of my life to fight,” he said.

He added, “As a matter of fact during the COVID period, some of the international banks really were looking forward to making sure that they push us into default of our loans so that the project will just be dead. And that didn’t happen with the help of banks like Afreximbank.”