Business
Five African Presidents, including Buhari and Tinubu, will open the Dangote Refinery
The largest 650,000 barrels per day Dangote Refinery in Africa will be officially opened today, Monday, in Ibeju-Lekki, Lagos, by Presidents Muhammadu Buhari, Nana Akufo-Addo, Faure Gnassingbé of Togo, Mahamat Déby of Chad, Macky Sall of Senegal, and Mohamed Bazoum of Niger.
Additionally, President-elect Bola Ahmed Tinubu will grace the event, while President Paul Kagame of Rwanda will electronically deliver his message of goodwill despite not being present in person.
The historic occasion is anticipated to revolutionize Nigeria’s oil and gas sector.
Obasanjonews24 had examined the advantages, which included Nigeria no longer needing to import gasoline and the end of fuel shortages.
The newest refinery owned by Aliko Dangote, the richest man in Africa, can produce more than enough of each refined product for export in addition to meeting all of Nigeria’s needs for refined products (53 million liters per day of gasoline, 34 million liters per day of diesel, 10 million liters per day of kerosene, and 2 million liters per day of aviation jet fuel).
As of the time this report was filed, all 36 state governors and the majority of governors-elect, as well as ministers, senators, and heads of industries in Nigeria and abroad, as well as major international bankers and multilateral organizations, had expressed their willingness to attend the ceremony.