The Dangote Refinery has officially begun petrol production, marking a significant milestone in Nigeria’s energy sector.
This development is expected to alleviate the ongoing petrol scarcity that has gripped the nation, offering much-needed relief to millions of Nigerians.
President of the Dangote Group, Aliko Dangote, during a press briefing today said the refinery will fuel growth, development, and prosperity by supplying energy to the people of the country.
Dangote expressed gratitude to President Bola Tinubu’s administration for fostering an environment conducive to the success of the initiative.
“I salute the people of Nigeria and President Bola Tinubu’s government for creating the conditions that allowed us to achieve this monumental task. This refinery will drive growth, development, and prosperity by providing energy to our people,” Dangote stated.
He also praised Tinubu for the “Naira for crude, Naira for product” initiative, which he believes will stabilise the Naira by reducing the demand for dollars by 40%.
“As we have this refinery working, it will show the true consumption of Nigeria; we can track every loaded truck and ship,” he said.
He added that the refinery is designed to meet the demands of not only Nigerians but also those in sub-Saharan Africa.
The federal government today, September 2nd, handed over 20 Compressed Natural Gas (CNG) buses to the Oyo state government. The initiative, according to President Bola Ahmed Tinubu, was to cushion the effect of fuel subsidy removal and promote a safer, cleaner, and more reliable nation. Speaking at the event held at Pacesetter Transport Services (PTS) office in Ibadan, the president, who was represented by the Chief Executive Officer (CEO) and […]
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