Tuesday, March 24, 2026
28.2 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

Alleged Missing N210tn: SERAP Threatens Senate President, Akpabio to Publish Names or Face Legal Action

The Socio-Economic Rights and Accountability Project (SERAP) has urged...

Leadway Spotlights Women Making Waves Through Hersurred Initiative

Leadway, Nigeria’s leading non-banking financial and wellbeing conglomerate, has...

Tinubu Celebrates Nigerian Modernism at Tate Modern: A Historic End to a Historic Visit

L-R: Ofovwe Aig-Imoukhuede; Chairman of Access Holdings and Coronation...

Quest Merchant Bank Named Transaction Advisor for Nigeria’s Landmark Project BRIDGE Digital Infrastructure Initiative

L-R:  Project Lead, PIU Project Bridge, Jumoke Akande; Honourable...

Topics

African Businesses Face Disruptive Forces

Andreas Berger, Chief Regions & Markets Officer and Member...

AviaDev Africa: Platform for Airlines, Hotel Convergence

AviaDev Africa, a unique platform bringing together airlines, airports,...

Samsung Unveils Galaxy Note9 into the Nigerian Market

Samsung’s newest flagship Smartphone, the Galaxy Note9 is now...

19 Firms Bid for Afam Power, Yola DISCO

Afam Power Plant Nineteen (19) firms have indicated interest to...

N5tr Debt Recovery a Challenge to All Nigerians – AMCON

Managing Director and Chief Executive Officer, Asset Management Corporation...

Ecobank Confab: Experts Advise Employees, Small Business Owners on Income Diversification

  Salary earners, individuals, self-employed and small businesses have been...

McKinsey: Africa, World’s Next Big Growth Market

A new book by McKinsey confirms that Africa is...
spot_img

Related Articles

Popular Categories

spot_imgspot_img