Author Topic: Mwafrika Government Officials Economic Terrorism on Local Hasoras Must B Stopped  (Read 1006 times)

Offline gout

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This terrorism has to be stopped as we near 2 billion population with dim economic prospects. Mwafrika government officials have to be forced to work for mwafrika.
BAT Kenya is selling nicotine pouch factory as scrap as we continue importing the pouches.

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“As a result of prolonged regulatory uncertainty, commercialisation of our oral nicotine pouch factory was impeded. To protect shareholder value, the company accepted offers for sale of the oral nicotine pouch factory machinery


https://www.businessdailyafrica.com/bd/corporate/companies/bat-sells-factory-parts-on-nicotine-pouch-licence-flop-4702832

In Nigeria Dangote Refinery being hit hard... Madness by uncaring leeches!

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Dangote and his team have accused international oil producers of unfairly selling locally produced crude to it above market prices. He is being accused by Nigerian regulators of demanding a monopoly over refined oil products.

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The 650,000-barrels-per-day refinery in the economic hub of Lagos is the biggest in Africa and was touted by authorities as a game-changer that would end the oil-rich country’s dependence on imported petrol.

However, the $19 billion facility has been off to a slow start despite opening more than a year ago. It has had to source crude oil from other countries after failing to secure supplies in Nigeria, whose capacity as one of Africa’s biggest oil producers has been impeded by oil theft and chronic corruption.

A senior executive of the refinery has also accused international oil companies in Nigeria of plotting the refinery’s failure. “It is either they are deliberately asking for a ridiculous premium or they simply state that crude is not available,” Devakumar Edwin, a vice-president of Dangote Industries, said of the companies.

The Dangote refinery’s challenges compounded last week when the Nigerian Midstream and Downstream Petroleum Regulatory Authority said its product quality, along with those of other local refineries, was “more inferior” compared to that of imported products.
https://www.semafor.com/article/07/25/2024/africas-richest-man-scrambles-to-calm-brewing-crisis-around-20-billion-refinery

https://nairametrics.com/2024/07/20/nmdpra-boss-farouk-ahmed-faces-backlash-from-nigerians-for-comments-on-dangote-refinery/
Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one ~ Thomas Paine