The Dangote Petroleum Refinery, a pivotal undertaking anticipated to make Nigeria self-sufficient in petrol manufacturing, is inching nearer to flooding the Nigerian market with its first petrol provides, with check runs, already in movement.
Initially slated to start petrol manufacturing in June, the refinery, owned by Africa’s wealthiest particular person, Aliko Dangote, has confronted a number of postponements.
Dangote had beforehand expressed optimism in regards to the refinery’s influence, stating in Could, that the refinery would start petrol provide in June, emphasising that Nigeria wouldn’t must import the product once more.
Nevertheless, the June timeline was prolonged to July, citing unexpected delays. It was subsequently moved to August once more.
It was reported on August 14 that the Dangote refinery wouldn’t have the ability to produce petrol till mid-September. However the declare was swiftly debunked by the Dangote Group’s administration, who insisted the August timeline is sacrosanct.
Anthony Chiejina, the Chief Branding and Communications Officer at Dangote Group, instructed TheCable that there was no such factor as postponement, including that the Dangote refinery is on monitor to provide petrol as deliberate in August.
Additional addressing the rumours round petrol pricing, the Dangote refinery had on August 13 dispelled the speculations that it had mounted its petrol value at N600 per liter.
The Dangote Refinery, situated in Lagos, is Nigeria’s most possible probability at assembly it home calls for, and positions the nation to doubtlessly export petroleum merchandise, thus diversifying its closely oil-dependent economic system.
The completion of this refinery is eagerly anticipated for its potential to stabilise petrol costs and considerably enhance the Nigerian economic system.