BusinessHighlightTop StoryTrending Story

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

994

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

Nigerian Military Receives Major Boost from US Defense Shipment

The United States has delivered military supplies to Nigerian security agencies in...

Tony Elumelu Foundation opens 2026 entrepreneurship program

The Tony Elumelu Foundation (TEF) has opened applications for the 2026 TEF...

Tinubu in Abu Dhabi for Sustainability Summit, Strengthens Nigeria-UAE Ties

President Bola Tinubu arrived in Abu Dhabi on Sunday night to attend...

CDS Oluyede Unveils Plans for Improved Salary, Welfare for Nigerian Military

Chief of Defence Staff (CDS) Gen. Olufemi Oluyede has announced a significant...

Tinubu Orders Full-Scale Hunt for Terrorists Behind Kasuwan Daji Massacre

President Bola Ahmed Tinubu has condemned the “barbaric” attack on Kasuwan Daji...

Missing ₦128bln: SERAP Demands Immediate Probe of Power Ministry, NBET

The Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola...

Anthony Joshua: How driver saved his life before fatal crash

In a harrowing turn of events, former World Heavyweight Champion Anthony Joshua...

Canada Deports 366 Nigerians in 2025, 974 Now Face Removal

Driven by the fastest pace of immigration enforcement in ten years, Canada...

Fatal Crash: Anthony Joshua’s Driver Hauled Up in Court, Allegedly Drove Without Valid Licence

Adeniyi Mobolaji Kayode, the driver of the Lexus SUV involved in the...

Damilola Oni upbeat about 2026 as fans rally behind her

Nigerian actress Damilola Oni has stepped into the new year with renewed...

Just In: Detained Malami, son, wife not yet off the hooks, bail deferred to Jan. 7

The hopes of former Attorney-General Abubakar Malami and his family to celebrate...

Vehicle Owners Get Reprieve as Police Again Suspend Tint Permit Enforcement

The Nigeria Police Force has announced a further suspension of the Tinted...

New Year’s Tragedy: Catholic Priest Slumps, Dies During Sermon

The Catholic community in Delta State is in mourning following the sudden...

Just in: New Year Gesture: Akpabio Withdraws Suits Against Natasha, Others

Inspired by a New Year’s message on forgiveness, Senate President Godswill Akpabio...

Anthony Joshua Discharged from Hospital After Fatal Car Crash in Ogun

World heavyweight boxing champion Anthony Joshua has been discharged from the hospital...

Tinubu’s New Year Vow: More Reforms, Safer Nigeria

President Bola Tinubu has declared that Nigeria is entering a “robust phase”...

From FIRS to NRS: New Logo, Pledges Improved Service

Zacch Adedeji, Chairman of the newly established Nigeria Revenue Service (NRS), has...

Ondo Scandal: Female Commissioner Allegedly Physically Assaults Female Magistrate

For allegedly physically assaulting a Chief Magistrate, Mrs.Temitope Alphonso, the Ondo State...

Lagos boat accident claims six lives, four rescued

A tragic boat accident along the Nigerdock axis of the Igbologun Water...

Just In: Heirs Energies Acquires 20% Stake in Seplat Energy for $500m

Heirs Energies, a leading indigenous integrated energy company, has acquired a 20.07%...