oil industry

Nigerian industrialist and billionaire Aliko Dangote has once again raised concerns about the existence of a powerful “oil mafia” within the downstream petroleum industry, describing it as more dangerous than drug cartels due to its widespread influence and deep-rooted networks. Speaking in an exclusive interview with Forbes, Dangote emphasized the challenges he has faced in establishing and operating the $23 billion Dangote Refinery, which is Africa’s largest and the world’s sixth-largest by production capacity. “The oil mafia is more deadly than the one in drugs because, with the oil mafia, there are so many people involved,” Dangote stated. “You might…