Dangote thanks President Tinubu, Nigerians over refinery’s takeoff … Says diesel, aviation fuel available by month’s end … As marketers await company’s product price list

By Funso Alarape
Sunday January 14, 2024
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As the Dangote Refinery established in Lagos eventually began production last Friday after many months of delay, the President of the Dangote Group, Alhaji Aliko Dangote has expressed appreciation to President Bola Tinubu for his vision and support which he said encouraged him to embark on the refinery project some years back.

Speaking with stakeholders in the oil and gas industry on the historic start of domestic refining of petroleum products that will eliminate dependence on importation of refined products in the country, Dangote recalled the support, encouragement, and thoughtful advice he got from President Tinubu towards the actualization of the refinery project.

The refinery formally took off on Friday with the production of diesel and aviation fuel.

The business mogul said, “This production, as witnessed today, would not have been possible without his (Tinubu’s) visionary leadership and prompt attention to detail.

“His intervention at various stages cleared all impediments, thereby accelerating the actualization of the project.”

Mr Anthony Chiejina, the Group Head, of Corporate Communications, Dangote Group, quoted Dangote as saying the diesel and aviation fuel from the refinery would be available at the stands within the next two weeks.

He continued, “We have started the production of diesel and aviation fuel, and the products will be in the market before the end of the month.

“This is a big day for Nigeria. We are delighted to have reached this significant milestone.

“This is an important achievement for our country as it demonstrates our ability to develop and deliver large capital projects.

“This is a game changer for our country, and I am very fulfilled with the actualization of this project.

“The refinery has so far received six million barrels of crude oil at its two SPMs located 25 kilometers from the shore.

“The first crude delivery was done on Dec. 12, 2023, and the 6th cargo was delivered on Jan. 8, 2024,” he added.

“The refinery can load 2,900 trucks a day at its truck-loading gantries.

“The products from the refinery will conform to Euro V specifications.

“The refinery design complies with the World Bank, US EPA, European emission norms, and Department of Petroleum Resources (DPR) emission/effluent norms. State-of-the-art technology.”
Dangote also acknowledged the support of the Nigerian National Petroleum Company Ltd., the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and Nigerians for their support and belief in the historic project.

“These organizations have been our dependable partners in this historic journey,” he said.”

Reacting to the development, the National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Alhaji Abubakar Maigandi, said that the members of the association could not wait to have the price list of all the products.

“We want to know Dangote petroleum products prices. We will request the list so that we can give it to our members.

“The association is demanding for allocation of the products to independent marketers from the refinery.”

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