Dangote Refinery: Bode George advocates shareholding for host communities

Former deputy national chairman of the Peoples Democratic Party (PDP), Chief Olabode George, has advised president of the Dangote Group, Alhaji Aliko Dangote, to  make host community to be shareholders in his company.

He urged him to learn from the mistakes in the Niger Delta Region and not allow same to happen in the Ibeju-Lekki/Epe axis of Lagos.

George,  while congratulating Dangote for the huge investment on the various projects in the axis and the success, described Dangote  as a businessman and patriot who, through his laudable achievements, is projecting Nigeria’s image globally.

“I want to congratulate Alhaji Dangote. All Nigerians should be proud of him. But, let me advise him: What happened in the oil-rich Niger Delta should be avoided in Lagos. I was told he is helping the indigenes of that axis by giving scholarships. 

“This is commendable. He needs to go further by ensuring that  host communities housing the  massive refinery project benefit   as shareholders, which would reflect their inclusivity as part owners.

“The project is so massive and is eternal that the indigenes of the communities deserve more than employments and trainings. It is through equity holding in the company that the people can truly have a sense of inclusiveness that their inheritance had not been taken away from them for nothing. 

“Being a life time business, pollution may soon start and the communities stand to lose from the degradation which the operations of the refinery would impact on the people of the communities in years ahead as the company continues in business. 

“This may result in the pollution of their water which will, in turn, affect their fishing activities. 

“The part ownership in the refinery is the only way to assuage the pains of indigenes of the host communities for the loss of their inheritances. 

“Scholarships, training and other empowerment initiatives are good moves but for them to be fully involved in this gigantic business as a people whose inheritances were taken  away  from them,  only part ownership of the refinery would make a lot of sense in terms of inclusiveness.

“That project is a very massive one, and is eternal; we are talking about the effect of the environmental degradation of the company’s operations which will be felt by the communities for several years by generations of people of the communities. It is pertinent to accord the people of Epe and Ibeju-Lekki part ownership of the company.”