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Babatunde Fashola said Lagos State reduced the price of land to convince the Dangote Group to build its refinery in the stateHe said the decision was made after former Commissioner Olusola Oworu argued that the refinery would attract more investorsFashola said the experience shows that competence and good leadership are more important than gender in making major decisions
Legit.ng journalist Victor Enengedi has over a decade’s experience covering energy, MSMEs, technology, banking and the economy.
Former Lagos State Governor, Babatunde Fashola (SAN) has disclosed that the Lagos State Government deliberately reduced the price of land allocated to the Dangote Group to ensure the company’s multi-billion-dollar refinery project was established in the state.
Fashola said the decision, taken during his administration, has since proved to be one of Lagos’ most strategic economic investments, laying the foundation for what is now the 650,000-barrel-per-day Dangote Petroleum Refinery located in the Lekki Free Zone.
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