The president of Dangote Group and founding father of Dangote Refinery, Aliko Dangote has vowed that there will likely be main shakedowns in Nigeria’s downstream oil and gasoline sector.
Dangote disclosed this in an interview with journalists after President Bola Ahmed Tinubu visited his 650,000-barrel-per-day refinery in Lekki, Lagos State.
In line with him, the overhaul he intends to announce within the nation’s oil and gasoline sector will not be about petrol worth discount.
Africa’s richest man, nevertheless, didn’t disclose what the proposed overhaul could be.
“Now that the President has visited and he has given us extra power, we are going to inform you; you’ll hear from us quickly, and that will likely be one of many main shakedowns in all the nation.
“It isn’t the discount of worth; will probably be the whole overhaul of the downstream,” he said.
Ugamatv reviews that President Tinubu visited Dangote Refinery, describing the power as an enormous funding and level of reference in Nigeria’s path to industrialisation.
In October final 12 months, Dangote Refinery kicked off the rollout of premium motor spirit, which has led to a drop in gasoline imports into Nigeria.