This is a partnership that spans decades with notable achievements across the power sector value chain in line with Nigeria’s goal of energy sustainability and economic development.
The refinery idea was conceived 25 years ago to transform the country’s energy landscape and liberate Nigerians from the economic dependence that has been holding the country back.
Refinery will meet the demands of not only Nigerians but also sub-Saharan Africa
The Federal Executive Council approved that the 450,000 barrels meant for domestic consumption be offered in Naira to Nigerian refineries, using the Dangote refinery as a pilot.
The recent deal with Nigeria will further consolidate the Equatorial Guinea’s role as a regional infrastructure hub.
Innoson Motors boss promised that very soon, CNG vehicles will be on the road in many cities of the federation to ease the transport problem being experienced in the country.
Aliko Dangote has before now, been into the manufacturing of cement, sugar, noodles, and fertilisers, among other valuable products.
The major culprit is the Army in terms of military formations. If you go and check with the Ministry of Defence, there are provisions in their budgets
However, the refinery has yet to produce Petroleum Motor Spirit, otherwise known as petrol.
In view of the above and the government’s frequent policy reversals, there is a need to have a close look at the management of subsidy removal by the current administration.
