Alhaji Aliko Dangote, has revealed threats to Nigeria’s oil and gas wealth and called for immediate solution.
The Africa’s richest man and founder, Dangote Group, speaking on Thursday at the All Convention Luncheon at the 32nd International Conference and Exhibition of the Nigerian Association of Petroleum Explorationists in Lagos, revealed that the rising spate of terrorism in the country would affect crude fortune.
According to him, the many opportunities availed to Nigeria and other countries in the region following the worsening instability in the Middle East, North Africa and Ukraine, are being challenged by the region’s own woes linked to instability dur to terrorist activities.
Dangote therefore stated that for Nigeria and the Gulf of Guinea region, the challenge posed by the shale oil and gas revolution and the shift in supply dynamics has only been ameliorated by the worsening instability in the Middle East, North Africa and Ukraine which has created a window of opportunity for the region’s oil.
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