Yemi Obafemi
The Dangote Group has dismissed reports alleging that its President, Aliko Dangote, distanced himself from Tony Elumelu, stating that no such comments were ever made.
In a statement signed by its Group Chief Branding and Communications Officer, Anthony Chiejina, the company described the report as “baseless” and a “deliberate misrepresentation of facts,” stressing that Dangote “did not make such statements or express such sentiments.”
The Group also rejected claims that the Dangote Group financed the Dangote Petroleum Refinery & Petrochemicals through personal borrowing from friends, calling the assertion “wholly inaccurate.”
It maintained that Dangote “neither finances his projects through personal borrowing from friends nor engages in lending arrangements of that nature,” and challenged those making the claims to provide verifiable evidence.
Addressing speculation about a fallout between Dangote and Elumelu, the statement described such suggestions as false, noting that both businessmen maintain a “longstanding and cordial relationship.”
The company further raised concern over what it called a growing trend of fabricated statements and the unauthorised use of Dangote’s name and image in misleading content, warning that such actions pose reputational risks.
It cautioned individuals and organisations involved in spreading false information to desist, adding that it would take appropriate measures, including legal action, to protect its reputation.
The Dangote Group reiterated its commitment to integrity and its role in promoting industrialisation, economic self-sufficiency, and sustainable development across Africa.
