The Manufacturers Association of Nigeria has expressed grave concern and called for caution from major actors, government agencies and regulators over recent allegations of poor quality diesel levelled against Dangote Refinery.
A statement signed by its Director General, Segun Ajayi-Kadir, said it expected agencies of government to promote an enabling business environment for local investments to thrive.
He said that no regulatory agency should be seen to be casting a shadow over a home grown investment like the Dangote Refinery.
Ajayi-Kadir, however, stated that the allegations of poor quality, monopolistic tendencies and non-issuance of licence had since been roundly debunked.
According to him, there may then be the need to issue a clarification that absolves the Dangote Refinery of the negative perception generated by the news report.
Ajayi-Kadir further stressed that local investors in Nigeria, particularly the Dangote Industries Limited (DIL), played a vital role in driving economic growth, pay taxes, create jobs and foster development within the country.
As such, it is important that these investors are protected and given the necessary support to thrive in this business environment.