The President of Dangote Group, Aliko Dangote, has unveiled the first sample of Premium Motor Spirit, otherwise known as petrol.
Dangote made this presentation on Tuesday in a broadcast at his refinery situated in the Ibeju-Lekki Area of Lagos State.
The 650,000-capacity refinery engaged in a test run of the product.
“I would like to salute the people of Nigeria and the government of President Bola Tinubu for giving us the platform for growth, development, and prosperity. I also want to thank him personally for creating the idea of the Naira for crude. Doing that will give Naira stability.
“As we have this refinery working, it will show the true consumption of Nigeria; we can track every loaded truck and ship,” he said.
Asked to comment on the pricing of petrol from his refinery, Dangote said, “It is an arrangement which is designed and approved by the Federal Executive Council led by His Excellency, President Bola Ahmed Tinubu.
As soon as it is finalized, which he (Tinubu) is pushing, once we finish with NNPC, it can be today, it can be tomorrow, we are ready to roll into the market.”
The billionaire also said that his refinery will meet the demands of not only Nigerians but also sub-Saharan Africa.
Details shortly…
