Buhari inaugurates Dangote refinery, says game changer for Nigeria's economy

  • 📰 DailyPostNGR
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 59%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Buhari inaugurates Dangote refinery, says game changer for Nigeria's economy President Muhammadu Buhari has inaugurated the Dangote Petroleum Refinery in

President Muhammadu Buhari has inaugurated the Dangote Petroleum Refinery in Ibeju-Lekki, Lagos.

On Monday, Femi Adesina, Special Assistant on Media and Publicity to the President, Buhari, described the feat as a significant milestone for Nigeria’s economy and a game changer for the downstream petroleum products market in the African region. He said the refinery would boost Nigeria’s ability to achieve self-sufficiency in refined petroleum products and save the country’s revenue spent on exportation.

“This mega industry we commissioned today is a clear example of what can be achieved when entrepreneurs are encouraged and supported and when an enabling environment is created for investments and businesses to thrive”.“I am happy to leave our economy in very competent hands,” he said.During the commissioning, Alhaji Aliko Dangote said: “Once our plant is fully on stream, we expect that at least 40% of the capacity will be available for export”.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NEPZA Congratulates Dangote As Buhari Gets Set To Commission Dangote RefineryThe Managing Director of Nigerian Export Processing Zones Authority (NEPZA) Prof. Adesoji Adesugba, has ascribed the huge investment in the Dangote Refinery,
Source: LeadershipNGA - 🏆 4. / 77 Read more »