BusinessDangote Refinery ready before Buhari’s tenure ends – Dangote

Dangote Refinery ready before Buhari’s tenure ends – Dangote

Date:

Share post:

- Advertisement -

Chairman of the Dangote Group, Alhaji Aliko Dangote has assured that the Dangote Refinery would be ready for commissioning before President Muhammadu Buhari leaves office in 2023.

Dangote disclosed this to State House Correspondents on Friday after meeting with President Muhammadu Buhari at the Presidential Villa, Abuja.

Asked when the refinery would be ready for operations, the Forbe’s Africa richest man said: “By the grace of God, Mr. President will come and commission before the end of his tenure”.

According to him, when operational, the refinery would create jobs and generate more tax money, which would be used by government to develop the country further.

- Advertisement -

“In the near future they are expect to see more employment, they are expect to see more prosperity. We keep doing new things and good things and also we keep paying our taxes, which will complement the government’s effort in providing education, good health and the rest”, he said.

Asked if he was worried about potash scarcity as a result of the Russian/Ukrainian conflict, Dangote said there was no need for concern as only 26% of the world’s potash supply comes from the two countries.

“No, we are not concerned. Well, there are some few other countries that have it, it’s not only Ukraine that has it. Yes, Ukraine and Russia have about 26% of the world’s potash but it does not mean that you cannot source potash elsewhere. So I’m not really very concerned, the concern is just about price,” he said.

Speaking about why his team was at the Presidential Villa, he said: “We came here on a courtesy call and also a ‘thank you visit’, to thank him for personally coming to commission our fertilizer plant.

“This is just on the 22nd of March, about four weeks ago. So, I’m here with my board of directors, just to show gratitude to Mr. President and he received us very well”.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

Major Marketers Suspend Petrol Import, Now Source from Dangote Refinery

By Peter UzohoMajor Energies Marketers Association of Nigeria (MEMAN) says its members have of late relied on Dangote...

‘Good for your vehicles’ — Dangote refinery advertises petrol in push for patronage

by Bunmi AdulojuThe Dangote Refinery has put out a piece of advertisement asking customers to buy “high quality...

Port Harcourt Refinery: Prices of petroleum products will come down – NMDPRA boss

The Chief Executive Officer, Nigerian Midstream and Downstream Petroleum Authority, Farouk Ahmed has said the commencement of operations...

FULL LIST: Nine Completed Refineries In Nigeria

The Nigerian National Petroleum Company Limited (NNPC) on Tuesday, November 26, announced that the Port Harcourt Refinery has...

E-Naira: CBN names technical partners for Nigeria’s digital currency

The Central Bank of Nigeria (CBN) has selected Fintech company, Bitt Inc., as the Technical Partner for digital...

How Bajaj Auto became world most valuable 3-wheeler’

By Theodore OparaMarket capitalisation crossing USD 13.6 billion, commitment to strategies of differentiation, total productive maintenance and concern...

Senate Passes Start-up, Ease Of Doing Business Bills

The Senate has passed the Nigerian Start-up Bill, 2022, following the consideration of a report by the Committee...

Thor to seek London listing ahead of Nigeria gold pour;

Canada’s Thor Explorations, the company behind Nigeria’s first large-scale gold mine, is set to start trading on London’s...