Dangote: The untold story
Aliko Dangote has before now, been into the manufacturing of cement, sugar, noodles, and fertilisers, among other valuable products.
Aliko Dangote has before now, been into the manufacturing of cement, sugar, noodles, and fertilisers, among other valuable products.
There was a geometric leap in 2023 when the country imported fuel worth $2.08bn.
He was responding to the accusation that the President of Dangote Group, Aliko Dangote leveled against the NNPCL.
“Let them (NNPCL) buy me out and run the refinery the best way they can,” Mr Dangote says.
In the refinery, we did not, and I repeat, we did not collect one single incentive from the Federal Government of Nigeria or even Lagos State. Yes, the Lagos State gave us a good deal, but we paid $100m for the land. It wasn’t a free land; we paid for it
The visit is the second visit to the refinery by National Assembly members this year.
Once energy security is achieved, Africa can play a greater global role as it builds out its downstream
Dangote Group alleged that the IOCs insisted on selling crude oil to its refinery through their foreign agents,
But the commissioning process is ongoing and initial gasoline output may be limited
This, according to him, will enable the refinery to have a storage capacity of 5.3 billion litres.