‘Dangote refinery ‘ll transform Nigeria’s economy for decades’

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Alhaji Aliko Dangote.

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President/Chief Executive of Dangote Group,  Alhaji Aliko Dangote has reiterated that his refinery, when it comes on stream, would eliminate fuel scarcity and tranform the Nigeria’s economy for decades.

The world’s largest refinery, located in Lekki, Lagos state, is expected to produce 65.4m litres of petrol (PMS) diesel (AGO) aviation jet fuel and kerosine (DKP) daily. The petroleum products are planned to meet the needs of Nigeria, and most of the African continent, thus making life much easier for the people.

Addressing the Dangote Special Day, at the 40th Kaduna International Trade Fair, on Saturday, the foremost industrialist said his other businesses- Dangote cement, salt, sugar refineries as well as food products would ensure food security and improve lives for decades to come.

Alhaji Dangote, who was represented by the Group Executive Director, Strategy and Government Relations, Engr. Mansur Ahmed, noted that already, the gains of the huge investments in the different sectors by Dangote have moved the nation’s economy forward and complemented government’s effort in no small measure.

According to Dangote, “the Group continues to be largest employer of labour in Nigeria, with over 50,000 direct and hundreds of thousands indirect employment opportunities.

“The Rice Mills established in some states, Kebbi, Jigawa, Sokoto, Enugu, Zamfara, Kano and Niger states would also ensure self sufficient in rice production. We are doing everything possible to ensure Nigeria moves from an importing country to an exporting country.

“We have succeeded in making Nigeria exporter of cement, earning hard currencies for the country and contributing in lifting the country from recession.

“The feat is achievable because of the three Dangote cement factories at Obajana in Kogi state, Gboko Cement Factory in Benue state and Ogun state, because they are not only producing enough cements for local consumption but also for export,” he said
President of Kaduna Chambers of Commerce, Industry, Mines and Agriculture (KADCCIMA)  Dr. Farida Muheeba Dankaka, lauded Dangote Group for its contribution to economic growth.

Farida said that the huge investments by the conglomerate is responsible for over 10% of Nigeria’s Gross Domestic Products (GDP). “KADCCIMA is proud to be associated with the conglomerate,” she stated


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