Kenyan presidential aspirant opposes Dangote’s $16bn refinery plan
Kenyan presidential aspirant Patrick Osoi has opposed Aliko Dangote’s proposed $16bn oil refinery in Lamu, saying he would use local investors if elected. Read More: https://punchng.com/kenyan-presidential-aspirant-opposes-dangotes-16bn-refinery-plan/
Kenyan presidential hopeful Patrick Osoi has cautioned Nigerian billionaire Aliko Dangote against hastening the construction of a $16 billion refinery project in the country. In a video posted on Sunday, Osoi pledged that if elected president next year, he would steer Kenya towards relying on local investors for the refinery rather than Dangote.
"Please don't rush to start the refinery, because when I am sworn in as President of Kenya next year, you will be heading back to Nigeria," Osoi stated. "We have business people in Kenya who can start the refinery." The opposition to the project stems from concerns over land ownership, compensation, and environmental impacts. Additionally, a Kenyan court recently ordered the maintenance of the current situation in a land dispute related to the project.
Despite these challenges, Dangote and Kenyan President William Ruto inaugurated the refinery on September 30, 2026. The refinery is designed to process 700,000 barrels of crude oil per day, serving Kenya and other East African nations, and aims to bolster local refining capacity and reduce reliance on imported petroleum products.
Written by urgent.news from Punch's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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