From Next Month, Nigeria Will Have No Need To Import Petrol, Says Dangote
Africa’s richest man and President of Dangote Group, Aliko Dangote has assured that following laid down plans of the Dangote Refinery, Nigeria as a nation will have no need to import gasoline from next month.
Dangote also said his refinery has capacity to supply West Africa’s petrol and diesel needs, and the continent’s aviation fuel demand.
The entrepreneur made this announcement at Africa CEO Forum Annual Summit in Kigali on Friday, while expressing optimism in the transformation of Africa’s energy landscape.
“Right now, Nigeria has no cause to import anything apart from gasoline and by sometime in June, within the next four or five weeks, Nigeria shouldn’t import anything like gasoline; not one drop of litre.”
He also outlined progresses made by the oil company to ensure that Africa as a continent becomes self-sufficient when it comes to the energy sector.
“We have enough gasoline to give to at least the entire West Africa, diesel to give to West Africa and Central Africa. We have enough aviation fuel to give to the entire continent and also export some to Brazil and Mexico.
Dangote also went further to outline the achievements of the company since the commissioning of the refinery in February.
The richest man in Africa also acknowledged the challenges faced in building the refinery, particularly from those accustomed to the status quo.
He said there was pushback but failure was not an option, even though many people did not believe he would succeed.
Despite these achievements, Dangote identified policy inconsistency as a major challenge for African entrepreneurs and called for a review and support from the leaders to ensure proper ease of trading in the continent.
From Next Month, Nigeria Will Have No Need To Import Petrol, Says Dangote
Africa’s richest man and President of Dangote Group, Aliko Dangote has assured that following laid down plans of the Dangote Refinery, Nigeria as a nation will have no need to import gasoline from next month.
Dangote also said his refinery has capacity to supply West Africa’s petrol and diesel needs, and the continent’s aviation fuel demand.
The entrepreneur made this announcement at Africa CEO Forum Annual Summit in Kigali on Friday, while expressing optimism in the transformation of Africa’s energy landscape.
“Right now, Nigeria has no cause to import anything apart from gasoline and by sometime in June, within the next four or five weeks, Nigeria shouldn’t import anything like gasoline; not one drop of litre.”
He also outlined progresses made by the oil company to ensure that Africa as a continent becomes self-sufficient when it comes to the energy sector.
“We have enough gasoline to give to at least the entire West Africa, diesel to give to West Africa and Central Africa. We have enough aviation fuel to give to the entire continent and also export some to Brazil and Mexico.
Dangote also went further to outline the achievements of the company since the commissioning of the refinery in February.
The richest man in Africa also acknowledged the challenges faced in building the refinery, particularly from those accustomed to the status quo.
He said there was pushback but failure was not an option, even though many people did not believe he would succeed.
Despite these achievements, Dangote identified policy inconsistency as a major challenge for African entrepreneurs and called for a review and support from the leaders to ensure proper ease of trading in the continent.
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