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Nigerian News, Politics, Business, Economy, Investment, Entertainment and Sports. > Blog > News > Breaking News > Dangote Refinery: End of fuel queues
Breaking NewsEnergy

Dangote Refinery: End of fuel queues

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Last updated: September 3, 2024 9:45 am
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2 years ago
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For the first time in 28 years, Dangote Refining and Petrochemical Company commences the production of fuel in Nigeria.

“This marks the end of fuel scarcity and fuel queues in Nigeria” Alhaji Aliko Dangote, the President of Dangote Refining and Petrochemical Company said.

“No more foreign exchange woes to import fuel,” he said.

Seeing, it is claimed in Nigeria, is believing and Alhaji Aliko Dangote has demonstrated that axiom as he lifted a sample of petrol produced in his factory today, at Ibeju Lekky, Lagos.

“I hope the attainment of this milestone by the refinery will change the dynamics not only in Nigeria but the entire sub-saharan Africa” an elated Dangote said.

He drew attention to the unique crystal clear colour of the product and said that it represents “the highest quality which is friendly with car engines and meets the best international standards.”

He appreciated President Tinubu for the support of his government which has enabled the commencement of the refining activities in the factory.

With this major breakthrough the Dangote Refinery has broken the jinx about petrol refining in Nigeria which happened for the last time 28 years ago.

Dangote also posited that with the commencement of this operation, the refinery had assisted Nigeria to kill several birds with one stone.

Linking it to the leadership of the country, he said the refinery now has an opportunity to produce energy for growth and productivity.

Hopes that the move will stabilise the Naira, reduce inflation and improve the quality of life.

He asserted also that there will be no more import of polypropylene.

Also appreciated the government for the opportunity to purchase crude in Naira.

 

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