Femi Otedola praises Aliko Dangote for starting petrol production at the Dangote Refinery. Otedola describes this achievement as a landmark moment for Nigeria’s energy sector, ending decades of dependence on foreign fuel. The refinery, set to supply 25 million liters daily, symbolizes a significant economic shift.
Femi Otedola, chairman of FBN Holdings, has congratulated Aliko Dangote on the launch of petrol production at the Dangote Refinery. This new development marks a significant milestone for Nigeria’s energy sector. At a recent press conference, Dangote announced that the refinery, which began operations in January with diesel and aviation fuel production, is now producing petrol. The refinery is expected to supply 25 million liters of petrol daily starting this September.
Otedola took to social media to celebrate this achievement, calling it a "monumental accomplishment" under President Bola Tinubu's administration. Reflecting on past efforts to invest in Nigeria’s refineries, which were rejected, Otedola expressed satisfaction that Dangote's vision has come to fruition after 25 years. He acknowledged Dangote’s perseverance despite numerous challenges and setbacks, praising his achievement in transforming Nigeria’s energy landscape.
Otedola highlighted that Dangote's refinery marks a significant shift away from Nigeria's dependency on foreign fuel, criticizing past inefficiencies and the failure of state-owned refineries. He lauded Dangote for overcoming skepticism and disrupting the industry’s status quo, suggesting that this success could lead to a decline in fuel imports and end the era of economic dependence. Otedola's remarks underscore the transformative impact of Dangote's project on Nigeria's energy sector and its economic future.
