Dangote Group’s Executive Director and President of Manufacturing Association of Nigeria (MAN), Mansur Ahmed, has assured Nigerians that the upcoming Dangote Petroleum Refinery would help address the volatile fuel crisis in the country.

This is coming against the backdrop of torrents of commendations from President Muhammadu Buhari, Gov. Nasir El-Rufai of Kaduna State and Defence Minister Bashir Magashi.


Dangote Group is one of the winners at the Kaduna International Trade Fair that ended on Sunday.

Ahmed also said the refinery, which is due to commence operation later in the year would also impact positively on the Nigerian economy through conserving of foreign exchange and massive job creation.

He described the positive impact as monumental and unprecedented in the history of Nigeria.

Ahmed who was speaking weekend at the Dangote Special Day at the ongoing 43rd Kaduna International Trade Fair said the President of Dangote Group, Alhaji Aliko Dangote, is passionate and desirous of changing the trajectory of the African economy through industrialisation.


The Group Executive Director also officially presented the Dangote Fertiliser to the Kaduna market and public, where he spoke glowingly about how the new product can help address the problems associated with agricultural yield.

He commended the organiser of the Trade Fair, the Kaduna Chamber of Commerce, Industry, Mines and Agriculture (KADCCIMA) for organising yet another successful Trade Fair.

The Dangote Industries Limited is the major sponsor of the Trade Fair with the theme: Re-strategizing Nigerian economy for Global Competitiveness.

Speaking, President of KADCCIMA, Alhaji Suleiman Aliyu, described the partnership with Dangote as very important for deepening commercial activities in the country.

He said the support of the Dangote Group towards the success of the Fair cannot be quantified.

Group General Manager of the company, Bello Dan-Musa, said the company would not rest on its oars in gingering the economy through its numerous philanthropic strides, being represented by its Corporate Social Responsibility schemes and the Aliko Dangote Foundation.

Representatives of the various Business Units of the Dangote Group also spoke on the company’s products. They are: Alhaji Abdulsalam Waya(Dangote Sugar), Alhaji Ahmed Tijana(Dangote Cement), Mr. Isaac Oladele(Dangote Fertiliser) and Mr. Ifeanyi Tobi(Dangote Salt).

backbencher:
That's if Nigerians are ready to allow Dangote sell petrol from his refinery at a profit....so that he can pay his production costs, loans, taxes, etc.

If we insist on subsidy, and on fuel being below N162, we would be sabotaging the refinery, and see no benefit, and loss of jobs.

LeoDeKing:
Shildren of 8, oya e don reach Dangote's turn.

Time to show fulani Dangote the full length of your tongue.

OyeofIkoTuN:

we have 4 refineries for God sake...whats the dangote news upandan for gan

backbencher:


4 refinery that broke down because Nigeria sold fuel at a loss from them since the 1973 and paid subsidy that did not cover the losses.

And the only way those refineries would work again is if NNPC is privatized, and subsidy and government subvention goes, then see how them NNPC workers will make those refineries work again...dry bones will rise.

Multiplier7:
I hope Nigeria is maximising profit base on the high price of Brent Crude oil which is now $130 per barrel

I don't want stories when it's time to invest on our infrastructures...period

OyeofIkoTuN:
Bro I swear,this people know what to do but they are too wicked..shebi we have ambassador to Japan, they know everything..They won't just do it..something is wrong. True

Rahkman:
You wake up everyday to insult Afonjas and insult Abokis yet u want to president...watch how dem go use insult finish dangote just watch and see

inoki247:
lol which year the fixing go start wey everything wey dey run on diesel don dey skyrocket

backbencher:


They have known what to do...remove subsidies. Since 1993.

But most of you Nigerians don't want to pay market price for fuel, you want to pay cheap, but unrealistic prices for fuel.

So, right now, NNPC...imports fuel at N330 (282 naira 4 weeks ago, N232 in June 2021) and sells it at N162, and you expect enough profit to build and maintain refineries? Or build more refineries? The money that would have done that, part of it is lost, the rest is paid as subsidy, which does not cover the losses NNPC is making.

So, we know what to do. REMOVE SUBSIDY, AND ALLOW THE MARKETER CONTROL THE PRICES. NOT GOVERNMENT.

backbencher:
That's if Nigerians are ready to allow Dangote sell petrol from his refinery at a profit....so that he can pay his production costs, loans, taxes, etc.

If we insist on subsidy, and on fuel being below N162, we would be sabotaging the refinery, and see no benefit, and loss of jobs.