Nigeria will end fuel imports by June — Dangote

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Dangote made this announcement at the Africa CEO Forum Annual Summit in Kigali, the Rwanda capital, on Friday, expressing optimism about

Aliko Dangote , Africa's richest man and Chairman of Dangote Group, has assured that starting next month, Nigeria will no longer need to import petroleum products, following the implementation of the Dangote Refinery 's plans. The refinery, he noted, has the capacity to meet West Africa's petrol and diesel needs and the continent's aviation fuel demand. Dangote…

“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 any gasoline; not one drop,” he said. “With a population of 1.4 billion, Africa currently imports all raw materials for detergents. We aim to change that,” he said. “Give us three or four years, and Africa will no longer need to import fertiliser. We will make the continent self-sufficient in potash, phosphate, and urea, reaching a production capacity of six million tonnes within twenty months.”

“Today, our polypropylene and our polyethene will meet the entire demand of Africa and we are doing base oil, which is like engine oil, we are doing linear benzyl, which is raw material to produce detergent. We have 1.4 billion people in the population, nobody is producing that in Africa. Dangote acknowledged the challenges faced in building the refinery, particularly pushback from those accustomed to the status quo. He stated that many doubted his success, but failure was not an option. ”

The Israeli military said on Saturday it killed a senior Palestinian militant during an air strike on an "operations centre" in the occupied West Bank city of Jenin.

Dangote Refinery Fuel Nigeria Petrol

 

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