President of Dangote Group, Alhaji Aliko Dangote has given assurance that Nigeria will completely stop importing fuel before the end of next month, June 2024.
He said that his refinery can meet not only Nigeria but also West Africa’s petrol and diesel needs.
“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 anything like gasoline; not one drop of a litre.”
Speaking at the Africa CEO Forum Annual Summit in Kigali, Dangote expressed optimism about transforming Africa’s energy landscape.
He said that his refinery has the capacity to meet West Africa’s petrol and diesel needs, as well as the continent’s aviation fuel demand.
According to the billionaire entrepreneur, the feat will be made possible courtesy of the laid-down plans of the Dangote Petroleum Refinery.
Nigeria, Africa’s biggest crude oil producers, has over the years, relied heavily on imported petrol to serve its burgeoning population.
However, the story may be about to change with Dangote refinery commencing operations. The multi-billion dollar facility has already flooded the market with diesel, crashing the price of the commodity ₦1,000 per litre.
Source: THE PUNCH.
