Former President of Nigeria, Chief Olusegun Obasanjo has said that those benefiting from the lucrative business of fuel importation are going to make every effort to frustrate the Dangote Petroleum Refinery. The former president stated this in an interview with Financial Times in the wake of allegations by the President of the Dangote Group, Alhaji […]
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The construction of the 650,000 barrels of crude oil per day by Dangote Refinery is expected to help Nigeria save over N2.7 trillion ($7.5 billion) through import substitution. The project, will put Nigeria on the global map as major oil and gas hub in Africa, the Group Executive Director, Devakumar Edwin has hinted. Nigeria currently […]
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Mr Babajide Soyode, the Technical Consultant to Alhaji Aliko Dangote, said Dangote Refinery, which is currently under construction would save Nigeria $12 billion annual import substitution, create 4,000 direct and 145,000 indirect jobs. It will at the same time crash prices of petroleum products. He said that the refinery would lower the prices of petroleum […]
Continue ReadingLagos State Governor, Akinwunmi Ambode, on Tuesday, said the Dangote Refinery being developed at the Lekki Free Trade Zone (LFTZ) by Africa’s richest man and business mogul, Alhaji Aliko Dangote, will surely resolve fuel supply challenge in the West African region. He said the refinery being sited in Lagos was another confirmation that Lagos is […]
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