Monday, December 8, 2025
32.4 C
Lagos

Dangote Thanks Tinubu, NNPC as Refinery Begins Production

 

President of Dangote Group, Alhaji Aliko Dangote, elatedly thanked President Bola Ahmed Tinubu for his support, encouragement, and thoughtful advice towards the actualisation of this project.
Dangote also thanked the Nigerian National Petroleum Company Limited (NNPC Limited), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and Nigerians for their support and belief in the historic project.
“We thank President Bola Tinubu for his support and for making our dream come true. This production, as witnessed today, would not have been possible without his visionary leadership and prompt attention to details. His intervention at various stages cleared all impediments thereby accelerating the actualisation of the project. We also thank the NNPC, NUPRC and NMDPRA for their support. These organisations have been our dependable partners in this historic journey. We also thank Nigerians for their belief and support in this project. We have started the production of diesel and aviation fuel, and the products will be in the market within this month once we receive regulatory approvals.”
“This is a big day for Nigeria. We are delighted to have reached this significant milestone. This is an important achievement for our country as it demonstrates our ability to develop and deliver large capital projects. This is a game changer for our country, and I am very fulfilled with the actualisation of this project.”
The refinery has so far received six million barrels of crude oil at its two SPMs located 25 kilometres from the shore. The first crude delivery was done on December 12, 2023, and the 6th cargo was delivered on January 8, 2024.
The Refinery can load 2,900 trucks a day at its truck-loading gantries. The products from the Refinery will conform to Euro V specifications. The refinery design complies with the World Bank, US EPA, European emission norms, and Department of Petroleum Resources (DPR) emission/effluent norms. Employing state-of-the-art technology.
“I must extend our sincere appreciation to our Bankers and financiers, both local and offshore, who demonstrated a great deal of patience, in seeing us through many difficult times. In the same vein, we thank the Government of Lagos State, under the leadership of Babajide Sanwo-Olu, who has been incredibly proactive in ensuring that the many challenges we encountered in the course of executing this project were quickly resolved.  I thank him immensely.”
“I also sincerely thank our host communities and their Traditional leaders for their sustained patience, forbearance, and admirable willingness to work with us to find amicable and win-win resolutions to the many issues we have had to deal with as the construction of this huge facility progressed. Our staff have also contributed so immensely to the success of this project. I thank them profusely.”

spot_img
spot_img
spot_img

Hot this week

Stanbic IBTC Bank Champions Economic Growth Through Strategic Partnership with AfDB

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings...

UBA Group Dominates 2025 Banker Awards, Emerges Africa’s Bank of the Year, For Third Time in Five Years

Africa’s Global Bank, United Bank for Africa (UBA) Plc,...

Wines of Canada Debuts in the Nigerian Market

Carl DIB Merchandising Limited, a leading company in the...

Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings,...

Emirates Gets African Travel Gold Award as Nigeria Launches “Culture Meter Index”

Paulos Legesse, Emirates Nigeria Country Manager welcoming welcoming the...

Topics

NAICOM Chief, Sunday Thomas, Tasks Federal, State Govts on Insurance of Public Buildings

The Commissioner for Insurance and Chief Executive Officer of...

Stanbic IBTC Bank Nigeria PMI: New Order Growth Hits 6-Month High in Nov

Business conditions continued to improve markedly in the Nigerian...

NDIC, NIESV Strengthen Partnership on Failed Bank Asset Valuation 

The MD/CE of the NDIC, Mr. Thompson Oludare Sunday,...

Quickteller Launches ‘Everything is Possible’ Campaign

(L-R) Emeka Awagu, Head, Digital Commerce, Quickteller; Adedeji Layade,...

CIIN Tasks Insurance Professionals on Industry Revolution, Business Landscape

Sir Muftau Oyegunle, President, Chartered Insurance Institute of Nigeria...

Protest: GOCOP Condemns Attacks on Journalists by Security Agents, Says Act Undemocratic

The Guild of Corporate Online Publishers (GOCOP) condemns, in...

AXA, Jumia Unveil Insurance Policy for Mobile Phones

The insurer, AXA Côte d’Ivoire and Jumia, the ecommerce...

ITU Re-elects Houlin Zhao as Secretary-General for 2nd Term

Member States of the International Telecommunication Union (ITU) have...
spot_img

Related Articles

Popular Categories

spot_imgspot_img