Business
I Was Paid N800,000 By A Foreign NGO To Run Down Dangote Refinery – David Hundeyin

Published
8 months agoon
By
Ekwutos Blog
Social media critic, David Hundeyin, has revealed that he was offered N800,000 by a foreign Non-Governmental Organisation, Dialogue Earth, formerly known as China Dialogue Trust, to write a damaging article on Dangote Refinery and Petrochemical Company.
Hundeyin, who is not a fan of the Founder of the refinery, Aliko Dangote, revealed this in a detailed write up on Saturday.
He said in a post he shared on his X handle: “I debated long and hard whether to do this publicly, but I think a message needs to be sent to a group of external interests working in tandem with the internal interests described in the quoted tweet to counteract the interests of half a billion West Africans. A message that at whatever level we exist, we take our destiny seriously and we are not to be trifled with.
“Last week, I received an N800,000 offer from an international NGO called Dialogue Earth (formerly known as China Dialogue Trust) to write an article essentially saying that Dangote Refinery is terrible for the environment because something something ‘Environmental Concerns,’ something something ‘Climate Change,’ something something ‘Energy Transition Policy,’ something something ‘COP 28.’
“The (unstated but clearly implied) thrust of the brief was for a prominent local voice to put their name on an article that is an argument or a premise for the Nigerian government to kill the refinery based on its ‘energy transition commitments’ and ‘environmental policy.’ This conclusion wasn’t immediately apparent when they reached out to me, but I suspected where it was heading, and I quickly accepted the offer so that I could see the brief and obtain hard evidence. I’ve attached screenshots from the brief below.
“Basically, this London-based NGO is headed by Sam Geall, an Oxford professor and is funded by several American intelligence fronts such as Ford Foundation and ClimateWorks (which is blacklisted in India for funding organisations working against India’s national interest). For whatever reason, it is now quietly mobilising a resistance campaign against what it describes as ‘Nigeria’s first refinery.’ Apparently, the status quo of Africa’s largest oil producer having no functioning oil refinery to beneficiate its own oil was not a problem for Dialogue Earth and the American CIA fronts who fund it.
“The human poverty caused by exporting this raw material and importing refined fuel was not bad for the environment. Also, the fact of European refiners regularly blending West African fuel cargoes with toxic waste and sulphur content 200 times the European legal limit (leading to asthma, bronchitis and eye infections in West Africa) was also not bad for the environment. But Nigeria having a refinery that will wean West Africa off import dependency on those European refiners (and allow West Africa control the sulphur content of its own fuels) is where Dialogue Earth and its funders draw the line. That one is bad for the environment, and David Hundeyin should write an article calling for the refinery to be shut down or limited.
“The human poverty caused by exporting this raw material and importing refined fuel was not bad for the environment. Also, the fact of European refiners regularly blending West African fuel cargoes with toxic waste and sulphur content 200 times the European legal limit (leading to asthma, bronchitis and eye infections in West Africa) was also not bad for the environment. But Nigeria having a refinery that will wean West Africa off import dependency on those European refiners (and allow West Africa control the sulphur content of its own fuels) is where Dialogue Earth and its funders draw the line. That one is bad for the environment, and David Hundeyin should write an article calling for the refinery to be shut down or limited.
“I’m putting this out there publicly so that nobody will henceforth use the term ‘conspiracy theory’ when it is pointed out for the umpteenth time, that there are American and European state and private interests that are heavily invested in keeping Africa exactly as poor as it is, and that they regularly push levers most of us do not even know exist, to make sure that this status quo is protected. These people believe that Africans should not exist or have nice things in this world. Apparently, the sole purpose of our existence is to enhance their experience of the planet and all that it has to offer.
“It is because of them that I have to make a public spectacle out of this, even though I know that doing this is probably going to cost someone their job. The message needs to be passed that as poor as we are, you cannot convince us to campaign for the elongation of our own poverty by commissioning $500 hack jobs in the hope that we will be greedy enough to only see the money and ignore the bigger picture of what we can clearly see you trying to do.
“I will reiterate something I have said multiple times – I am not a believer in the religious faith called Climate Change/Saving The Environment. I care exactly as much about the environment as do the rich white men who destroyed it to begin with. I firmly believe that if what it takes for Africa to industrialise is for it to burn so much fossil fuel that snow stops falling in Wisconsin and it starts raining concentrated sulphuric acid in Doncaster, it is not too big a price for Europe and North America to pay – it is certainly not bigger than the price Africa had to pay for Europe and North America to develop.
“It is and will continue to be 100% OUR prerogative to determine what to do with our hydrocarbons. It is not the rich white men hiding behind these ‘Climate Advocacy NGOs’ who will tell us what to do with our energy reserves, and by what means we are allowed to escape the poverty that they engineered for us.
“I might not be a fan of Aliko Dangote or his monopolistic business practices – as is well known – but I’m also smart enough to know when rich white men in DC, Houston, Rotterdam and London and trying to use me as a marionette in their 400 year-old coloniser games. If you are reading this and you are one of the rich white men whose economic interests are threatened by Nigeria refining its own oil, you should come out and fight Aliko Dangote by yourself.
“Or at least go find a much stupider African to do your dirty job – there’s plenty of those.
“It will never be me.”
You may like
Cubana Chief Priest Under Fire: Nigerian Music Criticized for Overemphasis on Wealth
Breaking News: Spotify removes more than 2 million streams from Davido’s newly released Single “BE THERE STILL”
Global Billionaires’ Net Worth Plummets by $65 Billion Amid Market Downturn
All Soludo Support Group (ASSG) has made a significant donation of N30million to Governor Chukwuma Charles Soludo, demonstrating their confidence in his leadership and commitment to his re-election bid.
“Aimed to Toast Bobrisky and Have S£x with Him, Not Knowing He’s Not a Woman” Portable Reveals
Police arrests man for stabbing Emir Sanusi’s guard to death during Eid prayer
Business
Global Billionaires’ Net Worth Plummets by $65 Billion Amid Market Downturn

Published
5 hours agoon
April 4, 2025By
Ekwutos Blog
In a significant setback, the world’s wealthiest individuals collectively lost over $65 billion in net worth today, as key market sectors experienced a sharp downturn.
This decline affected prominent figures in technology, finance, and other industries, sending shockwaves through financial markets.
Ekwutosblog reports that the downturn occurs amidst cautious optimism that new US policies may not be as severe as initially feared.
However, the immediate impact has already been felt, leading to a decline in the net worth of billionaires such as Elon Musk, Warren Buffett, and Jeff Bezos, amongst others who have significant stakes in tech, finance, and other industries.
The global billionaire population has been growing, with over 2,850 individuals representing almost $15 trillion in wealth.
Despite this growth, the market downturn serves as a reminder of the volatility and risks associated with wealth concentration.
Business
Sterling Bank Makes History: Scraps Transfer Fees for Local Online Transactions, Earns Praise from Lawmakers, Including Mohammed Bello El-Rufai, and the Public

Published
10 hours agoon
April 3, 2025By
Ekwutos Blog
Sterling Bank has taken a groundbreaking step to ease the financial burden on Nigerians by eliminating transfer fees and other charges for local online transactions.
This move is a significant stride towards financial inclusion and customer-centric banking, particularly during a time when economic pressures are high.
Ekwutosblog gathered that this initiative has been commended by Mohammed Bello El-Rufai, Chairman of the House Committee on Banking Regulations, who praised Sterling Bank’s commitment to creating a more accessible and equitable banking system.
El-Rufai encouraged other financial institutions to follow Sterling Bank’s example, emphasizing that a competitive banking sector prioritizing Nigerians’ interests will strengthen the economy and rebuild public trust in financial services.
Sterling Bank’s decision to scrap transfer fees is expected to benefit individuals and small business owners who frequently make online transactions. The bank’s customers can now perform local transfers via the mobile app without incurring any charges. Obinna Ukachukwu, Growth Executive at Sterling Bank, stated that access to one’s own money shouldn’t come with a penalty, highlighting the bank’s values-driven approach to customer-centric banking.
This move has sparked widespread public approval, with many calling on other banks to adopt similar policies.
As policymakers, El-Rufai reiterated their commitment to fostering a regulatory environment that encourages pro-customer initiatives while ensuring sustainability within the banking sector.
Business
CBN declares report on N10,000, N5,000 banknotes as fake

Published
21 hours agoon
April 3, 2025By
Ekwutos Blog
The Central Bank of Nigeria (CBN) has dismissed as false a circulating report claiming that it has introduced new N5,000 and N10,000 banknotes to enhance cash transactions.
In a post on its official X handle, formerly Twitter, the apex bank said, “The content is not from the Central Bank of Nigeria. Kindly note that the official website of the CBN is cbn.gov.ng.”
A statement from the CBN’s communications department further clarified, “The only official sources for releasing statements to the media are our website or statements from our department. There is also no Deputy Governor by such name. We are investigating the source of this fake content.”
The report quoted one Deputy CBN Governor, Ibrahim Tahir Jr., the move is aimed at reducing cash-handling costs and providing Nigerians with more efficient means of conducting large transactions. “The introduction of these new high-value denominations aligns with global best practices and will enhance economic activities while reducing the stress associated with carrying large amounts of cash,” the Governor stated. The CBN said there is no such name in its leadership.

Cubana Chief Priest Under Fire: Nigerian Music Criticized for Overemphasis on Wealth

Breaking News: Spotify removes more than 2 million streams from Davido’s newly released Single “BE THERE STILL”

Global Billionaires’ Net Worth Plummets by $65 Billion Amid Market Downturn
Trending
- Trending5 months ago
NYA demands release of ‘abducted’ Imo chairman, preaches good governance
- Business5 months ago
US court acquits Air Peace boss, slams Mayfield $4000 fine
- Politics5 months ago
Mexico’s new president causes concern just weeks before the US elections
- Entertainment5 months ago
Bobrisky transferred from Immigration to FCID, spends night behind bars
- Entertainment5 months ago
Bobrisky falls ill in police custody, rushed to hospital
- Politics5 months ago
Russia bans imports of agro-products from Kazakhstan after refusal to join BRICS
- Politics5 months ago
Putin invites 20 world leaders
- Politics1 year ago
Nigerian Senate passes Bill seeking the establishment of the South East Development Commission.