BusinessHighlightTrending Story

Dangote lauds Buhari, Tinubu for assistance on $19bn Dangote Refinery

696

Ahead of the commissioning of the $19 billion Dangote Refinery, Aliko Dangote the President/Chief Executive of Dangote Group, has expressed appreciation to President Muhammadu Buhari and Federal Government for their assistance in making the Dangote Refinery a reality.

In the video posted on the official twitter page of the Dangote Group on Monday, Dangote also thanked the President-elect for setting the pace with the Lekki-Free Trade Zone.

In addition, Dangote acknowledged the contributions and assistance of past Lagos Governors Babatunde Raji Fashola and Akinwunmi Ambode to the project.

The refinery is regarded as the “game changer” as fuel importation subsidy will soon become a thing of the past.

Persecondnews recalls that the Nigerian National Petroleum Company Ltd (NNPCL) had said Nigeria spent N4.39 trillion on fuel subsidy in 2022, an average of 400 billion monthly in the fourth quarter report of 2022.

The National Bureau of Statistics (NBS) also said Nigeria spent N1.79 trillion on the importation of petrol and diesel this year.

Dangote said: “What I want to share with Nigeria is to show my personal gratitude and that of Dangote Group, for all the assistance I got from the President and the federal government of Nigeria.

“I want to thank the President-elect for setting the pace by creating the Lekki free trade zone, we want to thank Governor Fashola, Governor Ambode, most especially Governor Sanwo-Olu, because they have given us all the support we needed.”

Persecondnews gathered that the birth of Dangote Refinery will save Nigeria a whopping $10 billion in foreign exchange and generate another $10 billion in export when the facility begins operation in June.

Leave a comment

Related Articles

NNPCL announces new eight-member management team

The Nigerian National Petroleum Company Limited (NNPCL) has unveiled a new eight-member...

Abuja AWVCC: Al-Ahly of Egypt Dominates Soccocim of Senegal in Straight Sets

Record holders Al-Ahly of Egypt secured a convincing straight-set win (25-10, 25-14,...

Updated: Akpoti-Uduaghan’s lawyer pushes for consolidated hearing amid interview ban, case adjourned until May 12

Mr. Jibril Okutepa (SAN), counsel to the suspended Senator Natasha Akpoti-Uduaghan, has...

Tinubu’s Adviser on Political Affairs, Dr. Baba-Ahmed, Quits

Dr. Hakeem Baba-Ahmed, the Special Adviser on Political Matters in the Office...

Updated: Appeal Court lacks jurisdiction to enter any pronouncement in favour of Abure – Supreme Court

The Supreme Court has ruled that the Appeal Court overstepped its bounds...

Just in: Akpabio denies Akpoti-Uduaghan’s assassination claim, calls allegation false, malicious

Few days after suspended Senator Natasha Akpoti-Uduaghan accused him of working with...

Just in: Court bars parties in Akpoti-Uduaghan’s suit against Akpabio, others from press interviews

A Federal High Court in Abuja has issued a gag order, prohibiting...

Court halts Pro-Wike rally in Bayelsa, adjourns until April 11 for hearing

A scheduled April 12 rally in support of Minister of the Federal...

Rivers Assembly bombing: Court restrains Police, SSS from arresting Fubara’s Chief of Staff, Ehie

A Rivers State High Court sitting in Port Harcourt has issued an...

Oil price takes a hit, slides 6.8% to $69.90 per barrel due to Trump’s tariff

The price of Nigeria’s Bonny Light on Thursday dropped to $69.90 per...

Updated: INEC Reveals Why Sen. Akpoti-Uduaghan’s Recall Failed to Gain Momentum

The Independent National Electoral Commission (INEC) says it will not proceed with...

My alleged collapse, a desperate attempt to score cheap political points – Wike

Federal Capital Territory (FCT) Minister Nyesom Wike has categorically denied social media...

Edo Elections Tribunal’s Judgment, Temporary Setback, Set To Appeal – PDP Chairman

The Edo State Governorship Election Petitions Tribunal’s verdict of April 2 has...

National Unity Torch Ignites in Nasarawa, Benue States, Fostering Spirit of Unity, Solidarity

The Unity Torch for the 22nd National Sports Festival has successfully made...

Abuja AWVCC: APR Rwanda Stages Dramatic Comeback to Defeat Carthage Tunisia 3-1

In a thrilling match at the ongoing 2025 African Women’s Volleyball Club...

Trump Unveils Sweeping Trade Tariff Plan, Redefining Global Commerce

In a move that could significantly impact global trade, U.S. President Donald...

Niger Delta Sports Festival Kicks Off in Uyo, Aligns with RHINSE Initiative

The Niger Delta Sports Festival kicked off in grand style on Wednesday,...

Edo tribunal gives third judgment, dismisses PDP, Ighodalo’s petition against Okpebholo’s election

For the third time on Wednesday, the Edo State Governorship Election Petition...

NOC extols late Taekwondo President Saidu Abdullahi

The Nigeria Olympic Committee (NOC) has described the passing away of Saidu...

FCT Minister Wike Approves Employment of 34 Resident Doctors

In a significant stride towards enhancing healthcare services in the Federal Capital...