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Dangote Refinery Inauguration: Tinubu Absent As Buhari Receives Warm Welcome From Dangote

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Dangote Refinery Inauguration
  • Tinubu is currently absent as Dangote warmly welcomes President Buhari to the inauguration of the Dangote Petroleum refinery in Lagos.

  • The refinery aims to position Nigeria as a key player in the global petroleum sector and is set to produce various refined products.

  • Despite Tinubu’s absence, President Buhari commends Dangote’s efforts and the timely availability of funds for the project. 

EKO HOT BLOG reports that the highly anticipated inauguration of the Dangote Petroleum refinery in the Ibeju-Lekki area of Lagos State welcomed the esteemed presence of President Muhammadu Buhari, as graciously hosted by Aliko Dangote, the President of Dangote Group.

This momentous occasion signifies a significant milestone for Nigeria, as it positions itself as a prominent participant in the global downstream petroleum sector.

EDITOR’S PICKS

This online media platform amidst the arrival of the President and other notable guests at the venue, Asiwaju Bola Ahmed Tinubu, the President-elect, who recently returned from a visit to France over the weekend, was conspicuously absent from the event.

During his welcome address on Monday, Dangote expressed his optimism regarding the transformative impact of the Oil Refinery on Nigeria’s local demands. He emphasized that the facility is committed to meeting the nation’s petroleum needs and anticipates that its initial product will be available in the market by the conclusion of July or August 2023.

In his speech, the President of Dangote Industries Limited extended his gratitude to President Muhammadu Buhari for his unwavering support and for serving as a source of inspiration during moments of doubt. Additionally, he conveyed his appreciation to the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, for ensuring timely availability of the necessary funds for the project.

The inauguration ceremony, led by President Muhammadu Buhari, signifies the official unveiling of the 650,000 barrels per day (BPD) Dangote Petroleum Refinery and Petrochemicals.

FURTHER READING  

This state-of-the-art facility is poised to produce various refined products, including Premium Motor Spirit (PMS), diesel (AGO), aviation jet fuel, and Dual-Purpose Kerosene (DPK), among others.

Click to watch our video of the week   




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