BusinessHighlightTop StoryTrending Story

Buhari to inaugurate Lekki Refinery before end of tenure, says Dangote

488

The Chairman of the Dangote Group, Alhaji Aliko Dangote, has assured that the Dangote Petroleum Refinery would be ready for inauguration before President Muhammadu Buhari exits office in May 2023.

Dangote gave the assurance in an interview with State House correspondents on Friday after meeting with President Buhari at the Presidential Villa, Abuja.

He explained that when operational, the refinery would create jobs and generate more tax money for the country.

“It will be used by the government to develop the country further.

“In the near future they are expect to see more employment, they are expect to see more prosperity.

Read Also: Koko’s London mortgage property: Much fuss, ado about nothing but mere muckraking

“We keep doing new things and good things and also we keep paying our taxes which will complement the government’s effort in providing education, good health and the rest,” Dangote, Africa’s richest man, said.

On the scarcity of potash as a result of the Russian/Ukrainian conflict, Dangote noted that only 26 percent of the world’s potash supply comes from the two countries.

“We are not concerned. There are some few other countries that have it, it is not only Ukraine that has it.

Yes, Ukraine and Russia have about 26 percent of the world’s potash, but it does not mean that you cannot source potash elsewhere.

“So I’m not really very concerned, the concern is just about price,” Dangote also said.

Leave a comment

Related Articles

Horror as loverboy lures girl to his house, slaughters her for money rituals in Ogun

A young man and suspected ritualist, who specializes in luring beautiful girls...

Death toll climbs to 22 in Anambra palliative distribution tragedy

Death toll from the devastating stampede incident in Okija in the Ihiala...

Abuja, Anambra stampede fatalities: Pres. Tinubu cancels official engagements, mourns

President Bola Tinubu has cancelled his official events in Lagos as a...

Updated: Stampede at Anambra rice giveaway leaves 12 dead, 32 injured

At least, 12 people lost their lives and 32 others were injured...

Deadly Stampede in Abuja: Police Report 10 Fatalities, Several Injuries

A food distribution event at Holy Trinity Catholic Church in Maitama turned...

Ogun Information Ministry Vows to Intensify Mobilisation Efforts, Justifies N2bln 2025 Budget Proposal

The Ogun State Ministry of Information has assured the public of its...

Breaking: NNPC Ltd. Slashes Petrol Price to N899 Per Litre

The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a significant...

No Shutdown: NNPC Ltd. Denies Report on Old Port Harcourt Refinery

The Nigerian National Petroleum Company Limited (NNPC Ltd) has dismissed reports that...

Breaking: Kogi Governor, Yahaya Bello, Regains Freedom After Meeting Bail Terms

Former Kogi State Governor Yahaya Bello has been released from Kuje Custodial...

Court Slaps MTN with N15m fine for disturbing customer me with unsolicited messages, caller tunes

In a landmark decision, the Court of Appeal in Abuja has slapped...

Bitter rivalry between Pasuma and Taye Currency shows no signs of abating

…There was no reason for Taye to be at Pasuma’s 40 years...

Update: Ekiti court grants Dele Farotimi N30m bail

Magistrate Abayomi Adeosun of an Ado Ekiti Magistrate’s Court has granted human...

Just in: Imprisoned Dele Farotimi appears in Ekiti Court amid tight security for ruling on bail application

Dele Farotimi, a prominent Human Rights lawyer and activist, arrived at the...

Just in: Imprisoned Dele Farotimi appears in Ekiti Court amid tight security for ruling on bail application

Dele Farotimi, a prominent Human Rights lawyer and activist, arrived at the...

Just in: National Sports Festival now to hold May 16- 30, 2025 – NSC

Following the postponement of the National Sports Festival, tagged “Gateway Games, Ogun...

Justice Minister slams Edo Gov. Okpebholo over suspension of LG chairmen, declares it illegal

The Attorney-General of the Federation and Minister of Justice, Prince Lateef Fagbemi,...

Domestic Crude Oil Sale Initiative: Tinubu’s Strategic Move Pays Off

President Bola Tinubu’s directive to sell crude oil and refined products in...

Saudi Arabia Eyes Hosting 2036 Olympics, Gains Backing from IOC Presidential Hopeful

Saudi Arabia is throwing its hat into the ring to host the...

Cyber attack hits National Bureau of Statistics website, recovery process initiated

The National Bureau of Statistics (NBS) announced on Wednesday night that its...

Reps’ Pledge N704.91m for Vulnerable Nigerians, Presentation Set for Dec 31

The House of Representatives is set to present a significant donation of...