If $23bn refinery didn’t work, I was dead – Dangote.

Billionaire Aliko Dangote has described his $23 billion Dangote Refinery project as the “biggest risk” of his life, acknowledging the challenges he faced in bringing the venture to fruition.

In an exclusive interview with Forbes on Monday, Dangote opened up about the risks involved in such a massive undertaking.

“It was the biggest risk of my life. If this didn’t work, I was dead,” he said. Despite the refinery’s groundbreaking capacity of 650,000 barrels per day and its status as Africa’s largest, Dangote revealed that the journey to completion was fraught with uncertainties.

Dangote also spoke about the hurdles he faced in financing the project, the regulatory challenges, and securing suppliers. Dangote said he is committed to providing a blueprint for industrialization across Africa.

He added that Africa has been “a mere dumping ground for finished products,” and his refinery represents “a pivotal step in ensuring that Africa has the capacity to refine its own crude oil, thereby creating wealth and prosperity for its vast population.” Undeterred by the challenges, Dangote is determined to ensure the success of his refinery.

Source: PUNCHNG