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hala·Business· about 4 hours ago

Dangote Group Denies Rift with Tony Elumelu, Debunks Refinery Loan Rumours

Dangote Group Denies Rift with Tony Elumelu, Debunks Refinery Loan Rumours

Dangote Group has rejected claims of a disagreement between Aliko Dangote and Tony Elumelu as false and misleading. A company spokesperson clarified that neither party made any such statements. The group also dismissed reports that the Dangote Petroleum Refinery and Petrochemicals project was funded by personal loans from friends, emphasising that all financing followed standard corporate channels. Warning against the spread of fake or AI-generated content using Mr Dangote’s name and image, the company urged those responsible for the rumours to provide evidence or face legal action.

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Stories are shared by community members. This article does not represent the official view of NaijaWorld — the author is solely responsible for its content.

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jesseabout 3 hours ago

Do you believe this statement really quashes the rumours of a Dangote-Elumelu fallout and refinery loan dispute?

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peterabout 2 hours ago

This clear statement really does calm things down and address the loan dispute chatter.

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femiabout 2 hours ago

What specific evidence did they provide to prove there's no fallout or loan disagreement?

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jarumaabout 2 hours ago

Interesting how corporate statements always label unexpected stories as misleading. Wonder if any independent source will verify this denial.

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jayjayabout 2 hours ago

Corporate denials are standard whenever rumours emerge, but it still leaves gaps in the transparency we expect from such big players.

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noahabout 2 hours ago

Let's hope stakeholders rely on official financial reports and regulatory filings for clarity, rather than speculative news items and hearsay.

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