
I don’t operate any refinery business by proxy anywhere in the world, says Kyari
He was responding to the accusation that the President of Dangote Group, Aliko Dangote leveled against the NNPCL.
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.
the development would stimulate economic activities, reduce the price of petroleum products and ensure adequate supply.
The promise of Dangote to end fuel import may be a relief to marketers and Nigerians, who are yet to fully recover from the recent fuel scarcity that nearly brought the economy to a halt in Lagos, Abuja and other parts of the nation.