Why Dangote Opts for Angola Fleet instead of Nigeria’s ?

In his interview titled “Dangote Opts for Angola Fleet Due to Nigeria’s Maritime Shortfall,” Bello Tukur (FICS, EMBA), Managing Director of Riverlake Nigeria, highlights the conversation centers around Nigeria’s inability to support large-scale industrial logistics—particularly maritime shipping—despite hosting one of Africa’s largest industrial projects: the Dangote Refinery.

“There is a lot of overregulation. What the country needs is less regulation, more access to finance, and more tax-free shipping to encourage investments in the maritime industry.”

This reflects his view that the Nigerian maritime sector is stifled by excessive bureaucracy and lacks the incentives and capital mechanisms necessary to grow. He underscores that without structural reforms—like simplifying maritime regulations, easing financing for ship acquisition, and offering tax incentives—Nigeria cannot build a competitive shipping sector.

Watch the Interview – Why Dangote Turned to Angola’s Fleet Instead of Nigeria’s on https://lnkd.in/eP9fsFhV