- Olusegun Obasanjo’s proposal to sell the national asset was not properly executed, according to Femi Falana
- This occurred after Obasanjo said that former President Umaru Yar’Adua rejected Dangote’s 2007 offer of $750 million for PH and Kaduna refineries
- He went on to say that Yar’Adua believed the deal was not in the nation’s best interests and did not follow due process
Legit.ng journalist Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.
Human rights lawyer Femi Falana claimed that because Olusegun Obasanjo failed to follow the proper procedures when he proposed to sell the national asset, former President Umaru Yar’Adua turned down a consortium led by Dangote Oil for the sale of the refineries in Port Harcourt and Kaduna.
