Dangote Group has dismissed as false and malicious a publication alleging that its President, Aliko Dangote, distanced himself from Tony Elumelu and financed the Dangote Petroleum Refinery through personal borrowing from friends.

The chairman of First Bank Holding, Femi Otedola, has dismissed claims that he is part of the financiers of the Dangote Refinery. He made this known in a

Femi Otedola denies funding claims regarding the Dangote Refinery, clarifying his involvement was only interested in its public offer, not financial support.