BusinessHighlightTop StoryTrending Story

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

235

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

London sword attack on Anjorin: 36-year-old suspect in police net

The 36-year-old suspect in the fatal London sword attack is currently being...

14-year-old Nigerian-born, Daniel Anjorin named as the victim of a sword attack in London

The 14-year-old boy killed by a sword-wielding man in Hainault, London has...

Lagos Landmark Beach demolition: FG compensates tenants, business owners

In response to mounting tension over the demolition of buildings and businesses...

Lagos gas explosion: One tragedy too many, pregnant woman, eight others seriously injured

A gas explosion in the Ajegunle-Apapa area of Lagos has left at...

Workers’ Day: Pres. Tinubu lauds workers’ fidelity to nation’s peace, development

President Bola Tinubu has praised Nigerian workers for their fidelity to the...

FG signs Executive executive order to unlock $10bln investment in oil and gas

President Bola Tinubu has signed an Executive Order to unlock up to...

May Day: FG approves salary increase for civil servants

Ahead of Workers Day on May 1, the Federal Government has approved...

Port Harcourt-Aba train service inaugurated amid citizens’ excitement

The commercial train service for the Port Harcourt-Aba line began operation on...

Nigeria to produce 4,000 metric tonnes of lithium daily – VP Shettima

In the not-too-distant future, President Bola Tinubu will inaugurate Nigeria`s largest lithium...

Breaking: NFF appoints Finidi George as Head Coach of Super Eagles

The Board of the Nigeria Football Federation has approved the recommendation of...

Zenith Bank shareholders approve bank’s restructuring to holding company

“The Founder and Chairman of Zenith Bank Plc, Jim Ovia, expressed his...

Just in: Edo Gov. Obaseki announces N70, 000 new minimum wage

Ahead of the announcement of a new minimum wage by the Federal...

Customers Not Enjoying 20 Hours Electricity Will Not Pay New Tariff – Adelabu

The Minister of Power, Dr. Adebayo Adelabu, has said any customer not...

Monarch wants writers to participate in politics as Dr. Omotosho emerges as first SWAF president

A prominent monarch in Ogun State and Olowu of Owu in Abeokuta,...

$1m bribe: Apologise in a week or face legal action, Sports Minister Enoh tells Bash Alli

The Minister of Sports Development, Sen. John Enoh, has said that he...

Contract variation: FG pays Julius Berger N20bln for Bodo-Bonny Road

The Federal Government says it has paid Julius Berger a N20 billion...

Pres. Tinubu meets Maersk Chairman, secures $600m investment in Nigerian Seaport Infrastructure

Tinubu meets Maersk Chairman, secures $600m investment in Nigerian Seaport Infrastructure President...

Breaking: Ondo Gov. Aiyedatiwa’s campaign coordinator assassinated

Alaba Excel Abbey, one of the campaign coordinators of Gov. Lucky Aiyedatiwa...

Fuel subsidy removal in Nigeria’s best interest, to reset economy –Pres. Tinubu in Riyadh

President Bola Tinubu has once again justified his administration’s decision to remove...

Man jumps into Lagos Lagoon while evading arrest

A man simply identified as Azeez has jumped into the Lagos lagoon...