Dangote Refinery, Business Inspiration To Private Sector Operators – Tinubu

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As efforts are being intensified for the imminent completion of the multi-billion dollars 650,000bpd (barrels per day) Dangote Refinery in Lagos, the

Excited at the share humongous size of the refinery, chief executive officer of Oando Plc, Mr Wale Tinubu, a leading oil and gas downstream sector operator who was on a guided tour of the project alongside members of the company’s senior management said “With what I have seen, this Dangote Refinery is for Nigeria and Africa.”

He stated that the president of Dangote Group, Aliko Dangote deserves all the commendations in the world for the courage to build the world’s largest single train refinery in one of the most challenging business environments in the world even as the risk premium being at the highest.“He harboured no doubt within him that the refinery, upon completion, will meet the yearnings of Nigerians for product availability and ultimately de-risk the petroleum sector,” he said.

In his remark, Dangote stated that the refinery is not only a project for Dangote, but also a project for Nigeria. “Nigeria should be a leader in building facilities like these as a business initiative. This project will definitely put Nigeria on the map and will surely change the fortunes of Africa,” Dangote assured.

 

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Somebody who bought the monopoly of the industry can’t inspire any player in that industry....he killed the industry that was,today there’s only Dangote!

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