By Cheta Enyoghasi
The $20 billion Dangote Refinery, has begun fuel production, marking a significant milestone in Nigeria’s energy sector.
Millions of Nigerians are expected to profit from the refinery, which would alleviate the present fuel scacity.
The president of the Dangote Group, Aliko Dangote during a press briefing commended President Bola Tinubu’s administration for creating an atmosphere that was favorable to the initiative’s success.
He also commended the “Naira for crude, Naira for product” proposal of Tinubu, which he believes will stabilize the Naira by lowering demand for dollars by 40%.
In his words: “This refinery will fuel growth, development, and prosperity by supplying energy to our people,”
“I salute the people of Nigeria and President Bola Tinubu’s government for creating the conditions that allowed us to achieve this monumental task. This refinery will drive growth, development, and prosperity by providing energy to our people,
“Naira for crude, Naira for product” initiative, which he believes will stabilise the Naira by reducing the demand for dollars by 40%.
“As we have this refinery working, it will show the true consumption of Nigeria; we can track every loaded truck and ship,”
He added that the refinery is designed to meet the demands of both Nigerians and those in sub-Saharan Africa.
