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Dangote Refinery Commences Petrol Production

  • Writer: Esther
    Esther
  • Sep 3, 2024
  • 1 min read

The Dangote Refinery, a monumental $20 billion project led by billionaire Aliko Dangote, has officially started producing petrol.


This development is expected to ease the persistent fuel shortages that have plagued Nigeria, providing much-needed relief to millions of citizens.


During a press briefing, Aliko Dangote, President of the Dangote Group, expressed his gratitude towards President Bola Tinubu’s administration for creating a conducive environment for the refinery's success. "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.


The refinery's commencement is not just a milestone for Nigeria but also holds promise for the broader sub-Saharan Africa region. Designed to meet the energy demands of both Nigerians and neighboring countries, the refinery aims to stabilize the Naira by reducing the demand for dollars by 40%, thanks to the "Naira for crude, Naira for product" initiative praised by Dangote.


"This refinery will fuel growth, development, and prosperity by supplying energy to our people," Dangote reiterated, emphasizing the project's potential to transform Nigeria's energy landscape.




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