Close Menu
Vardiafrica
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

NDDC Boss, Ministers Bag Excellence in Public Service Award

December 5, 2025

Trump Wins FIFA’s Inaugural Peace Prize

December 5, 2025

Osun LG: Supreme Court Strikes Out Suit On Withheld Funds Over Jurisdiction

December 5, 2025
Facebook X (Twitter) Instagram
Trending
  • NDDC Boss, Ministers Bag Excellence in Public Service Award
  • Trump Wins FIFA’s Inaugural Peace Prize
  • Osun LG: Supreme Court Strikes Out Suit On Withheld Funds Over Jurisdiction
  • We Will Continue To Sell Fuel At A Reasonable Price: Dangote Assures Nigerians After Meeting Tinubu
  • Trump praises leaders of Rwanda and DR Congo as they sign a peace deal
  • Burkina-Faso Government Plans Restore Death Penalty Nearly Six Years After Its Abolition
  • Rivers Speaker, 16 Other Assembly Members Defect To APC From PDP
  • Tinubu Receives Letters Of Credence From 17 Ambassadors, Four High Commissioners
Facebook X (Twitter) Instagram
VardiafricaVardiafrica
Demo
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance
Vardiafrica
Home»Trending»Akpabio: By Completing 650,000bpd Refinery, Dangote Has Shamed Nigerian Governments
Trending

Akpabio: By Completing 650,000bpd Refinery, Dangote Has Shamed Nigerian Governments

VardiafricaBy VardiafricaJune 9, 2024Updated:June 9, 2024No Comments4 Views
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Senate President Godswill Akpabio says Aliko Dangote, chairman of Dangote Group, shamed many people by completing the 650,000 barrels per day (bpd) petroleum refinery.

Akpabio, who spoke on Saturday during a tour of the facility, described the refiner as the ninth wonder of the world.

The senate president said the refinery is highly commendable, adding that Dangote deserved all the accolades for the feat.

Akpabio condemned those who were sceptical of the completion of the refinery, describing them as “dream killers”.

He said detractors of the refinery had all been silenced and previous governments had been put to shame with the completion of the project.

“They told us in Abuja that Dangote refinery is a farce, but we have come here and see for ourselves that the refinery is alive and running,” he said.

“Dangote has put to shame a lot of people. They are wondering how it will be possible for a single individual to accomplish what a whole nation could not accomplish; what 240 million people could not maintain; what a continent could not do and then one person build a 650,000bpd project.

“They keep wondering how one person can succeed where nations have failed; where the continent failed. But Dangote has done it. It is highly commendable.

“We came to see the refinery because we in the current Senate believe in the Nigerian dream. 

“We didn’t come as a doubting Thomas, but we came because we believe in the project; we came to rekindle the hope of Nigerians and the Nigerians’ can-do spirit.”

Akpabio also said the federal government could not make refineries in Kaduna, Port Harcourt, and Warri function but the billionaire and his team proved it is possible to build a functioning refiner in Nigeria

“The inability of the nation to refine its oil has brought untold hardship on Nigerians so much so that the Belgian government recently banned the exportation of dirty and condemned fuel to West African countries just because we can’t refine our own products,” he added.

‘WE’LL PUT A STOP TO FERTILISER IMPORT SOON’ 

Akpabio also said the senate and the entire national assembly would come up with robust legislation that would protect the project and others like it.

“Now that we have seen for ourselves, we are here to announce our own endorsement of this major project. It is also shocking to see that we produce sufficient fertilisers for Nigeria and enough to be exported,” he said.

“As I said, we will do our report, and we will speak to Mr. President to put a stop to fertiliser import to Nigeria. You will hear from us soon.”

‘WE HAVE PLANS TO CONTRIBUTE TO $1TRN GDP

In his remarks, Dangote said the goal is to contribute to President Bola Tinubu’s goal of achieving a $1 trillion gross domestic product (GDP).

“The refinery will help boost Nigeria’s economic growth, with the creation of thousands of direct and indirect jobs. During the construction stage, it supported over 150,000 jobs, made up of mostly Nigerians,” he said.

“These Nigerians in the process acquired various skills that are still useful in other construction projects.

“The capacity of the refinery is enough to satisfy domestic demands for refined products. The refinery will export about 50 percent of its production, thereby generating foreign exchange for the country.  

“It will lead to growth in adjacent sectors such as logistics, shipping, engineering, and servicing.

“The refinery has the requisite capacity to provide energy security both by providing a ready home for our crude and in ensuring steady availability of petroleum products for all. 

“We are thus making an important contribution to this administration’s plan to grow our GDP to $1 trillion.

“Our group is at the vanguard of job creation and employment generation in Nigeria. We are the biggest employer of labour after the federal government. 

“Dangote Cement sustains about 70,000 direct and indirect jobs across Africa, while the refinery, petroleum chemical complex, and fertiliser will be able to create over 150,000 direct and indirect jobs.

“We envision in Nigeria the equivalent of Jamnagar in India where crude oil refining is the backbone of specialised industrial zones, transportation networks, and ancillary industries, contributing to the overall industrialisation of the region. Or Saudi Arabia’s Jubail Industrial City, which is also undergirded by large-scale petrochemical complexes.”

Aliko said the legislature has a great role to play in achieving all the set targets and supporting the refinery in securing the benefits

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Vardiafrica
  • Website
  • Facebook
  • X (Twitter)
  • Instagram

Related Posts

Gunmen Attack Governor Otti’s Advance Team In Imo

December 2, 2025

Defence Minister Mohammed Badaru Resigns

December 2, 2025

EFCC invites ex-AGF Malami for questioning

November 28, 2025

Leave A Reply Cancel Reply

Top Posts

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202490

Trump set for White House return, vows to sign 100 Executive Orders in ‘Hours’ 

January 20, 202549

You rejected party structure’ – PDP knocks Fubara, says Rivers Gov, Bala Mohammed may face disciplinary action

October 15, 202442

FG Reportedly Lists 15 Persons, BDCs As Terrorism Financiers

March 20, 202430
Don't Miss
Oil & Gas
Oil & Gas By VardiafricaDecember 5, 20253 Mins Read1

NDDC Boss, Ministers Bag Excellence in Public Service Award

By VardiafricaDecember 5, 20251 Oil & Gas Updated:December 5, 202503 Mins Read

The Managing Director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, has been…

Trump Wins FIFA’s Inaugural Peace Prize

December 5, 2025

Osun LG: Supreme Court Strikes Out Suit On Withheld Funds Over Jurisdiction

December 5, 2025

We Will Continue To Sell Fuel At A Reasonable Price: Dangote Assures Nigerians After Meeting Tinubu

December 5, 2025
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

About Us
About Us

Your source for the verified news.

Email Us: info@vardiafrica.com
Contact: +234 905 338 5856

Facebook X (Twitter) Instagram YouTube WhatsApp
Our Picks

NDDC Boss, Ministers Bag Excellence in Public Service Award

December 5, 2025

Trump Wins FIFA’s Inaugural Peace Prize

December 5, 2025

Osun LG: Supreme Court Strikes Out Suit On Withheld Funds Over Jurisdiction

December 5, 2025
Most Popular

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202490

Trump set for White House return, vows to sign 100 Executive Orders in ‘Hours’ 

January 20, 202549

You rejected party structure’ – PDP knocks Fubara, says Rivers Gov, Bala Mohammed may face disciplinary action

October 15, 202442

Type above and press Enter to search. Press Esc to cancel.