Plus234Feed

Dangote Confident in $16bn Lamu Refinery Amid Legal Dispute

Business
This Day
Dangote Confident in $16bn Lamu Refinery Amid Legal Dispute

Aliko Dangote, Africa’s richest man and head of Dangote Group, is optimistic about the $16 billion Lamu Refinery project in Kenya, despite a court ruling from the Malindi Environment and Land Court that directed parties to maintain the status quo on the disputed site. This ruling follows a lawsuit by 133 residents of Chandavai in Lamu County, who assert that the land is part of their ancestral heritage.

The court has temporarily barred activities such as clearing and construction on the site until the case is heard on October 14. However, it did not stop the planned groundbreaking ceremony on September 30, which Dangote Group confirmed would proceed.

Dangote expressed confidence that the refinery, expected to process 700,000 barrels of oil per day and reduce reliance on imported petroleum, would move forward despite the legal challenges. The residents are seeking recognition of their rights over the land and compensation for potential impacts on their livelihoods.

Plus234Feed summary based on reporting from This Day. Read the original report below.

Read full article

Continue on This Day

Visit
Share

Get the week in one email

Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.

Free · one email per week · unsubscribe anytime

Related Stories

Get Plus234Feed on messaging apps

Same headlines, delivered where you already scroll.