Dangote Refinery: Think before advising us, oil marketers reply Otedola
Oil marketers in Nigeria have rejected billionaire businessman Femi Otedola’s call to sell off their investments in the nation’s oil sector.
The National President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), Billy Gillis-Harry, described Otedola’s statement as insensitive and not properly thought out.
Meanwhile, Otedola had advised DAPPMAN members to focus on owning and scaling last-mile retail outlets rather than holding onto tanks built for a fuel import economy that no longer serves the country. In a more thoughtful way, Mr Femi Otedola is right.
