Billionaire Nigerian businessman, Femi Otedola, has described the Dangote Refinery as the ‘8th wonder of the world’, which has the capacity to holistically champion Nigeria’s energy security.
In a post on X (formerly Twitter) which was sighted by Africa Today News, New York yesterday, Otedola pointed out that the refinery promises economic transformation for Nigerians and generations to come.
‘By meeting our requirements for all refined petroleum products, it will champion energy security and independence for our nation and act as a catalyst for a new era of prosperity for the subcontinent. It promises economic transformation for Nigerians today and for generations to come,’ he wrote.
The refinery which is sited in Lagos and owned by Africa’s richest man, Aliko Dangote, is said to have commenced operations with 350,000 barrels a day.
The refinery recently received its first one million barrels of Agbami crude grade, which represents the first phase of the six million barrels to be supplied to the refinery by several suppliers.
Read Also: Diesel, JetA1 Set To Hit Market January From Dangote Refinery
Congratulating his ‘bestie’, Otedola described Dangote as a visionary patriot.
He said the refinery is “much more than just an industrial milestone; it’s a testament to the visionary leadership and relentless pursuit of excellence of one of Africa’s finest and most dogged patriots”.
“I had a front-row seat as this vision was conceptualized and took shape. And I am familiar with the sleepless nights you’ve had to work through over the last decade to bring this dream to fruition.
This refinery is a beacon of hope for millions of Nigerians and Africans. It is also at the vanguard of championing environmental sustainability,” Otedola said.
Africa Today News, New York had earlier reported that all things being equal, the Dangote Petroleum Refinery will next month start producing Automotive Gas Oil, also known as diesel, and JetA1 or aviation fuel, while the production of Premium Motor Spirit, popularly called petrol, is being delayed by the supply of crude oil in installments.