Falana Reveals Why Yar’Adua Cancelled Sale of Port Harcourt Refinery to Dangote

Human rights lawyer, Femi Falana, has revealed the reason behind the cancellation of the sale of the Port Harcourt Refinery to business magnate, Aliko Dangote, by the late President Umaru Musa Yar’Adua.According to Falana, the sale of the refinery was cancelled due to the intervention of some patriotic Nigerians who exposed the illegality of the transaction. Falana stated that the Yar’Adua administration was forced to cancel the sale after it was revealed that the refinery was sold to Dangote for a fraction of its actual value.Falana’s revelation sheds light on the circumstances surrounding the cancellation of the sale, which had been shrouded in controversy. The lawyer’s statement also highlights the importance of transparency and accountability in government transactions.The Port Harcourt Refinery, one of Nigeria’s largest refineries, has been at the center of controversy over the years, with various attempts to privatize or sell it to private investors. However, the refinery remains a strategic national asset, and its sale or privatization has been met with resistance from many Nigerians.Falana’s statement serves as a reminder of the need for transparency and accountability in government transactions, particularly when it comes to the sale or privatization of strategic national assets.The lawyer’s revelation also underscores the importance of patriotic Nigerians who are willing to speak out against corruption and illegality, even in the face of powerful interests.

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