Our Refinery Will Supply First Product To Market By July, Says Dangote - Business

Our Refinery Will Supply First Product To Market By July, Says Dangote - Business - Nairaland

Nairaland Forum › Nairaland General › Business › Our Refinery Will Supply First Product To Market By July, Says Dangote (27186 Views)

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Our Refinery Will Supply First Product To Market By July, Says Dangote by peekspot(op): 2:01pm On May 22, 2023

Aliko Dangote, the Nigerian billionaire businessman, says the Dangote Refinery will supply its first tranche of petroleum products to the market by July.

The businessman spoke on Monday prior to the official commissioning of the 650,000 barrels per day (BPD) integrated refinery project located in the Lekki free trade zone area of Lagos state.

“Our first products will be in the market before the end of July, in the beginning of August this year,” he said

https://www.thecable.ng/just-in-our-refinery-to-supply-first-product-to-market-by-july-says-dangote/amp

33 Likes 1 Share

Re: Our Refinery Will Supply First Product To Market By July, Says Dangote by FIRDAUS3(m): 2:02pm On May 22, 2023

Everything gonna be fine, this smell so nice for Nigerians

72 Likes 7 Shares

Re: Our Refinery Will Supply First Product To Market By July, Says Dangote by Xscape1993(m): 2:02pm On May 22, 2023

Congratulations sir!!

53 Likes 6 Shares

Re: Our Refinery Will Supply First Product To Market By July, Says Dangote by Moferere: 2:04pm On May 22, 2023

Good job

28 Likes 3 Shares

Re: Our Refinery Will Supply First Product To Market By July, Says Dangote by aieromon(m): 2:31pm On May 22, 2023

Dangote Refinery First Product To Hit Market July Ending - Dangote

https://www.youtube.com/watch?v=LS7r5BnWEns

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Re: Our Refinery Will Supply First Product To Market By July, Says Dangote by mortalincarnate(f): 2:34pm On May 22, 2023*

So nice to hear

Where did these fake news mongers get the news that the refinery won’t start production until 2027?

43 Likes 5 Shares

Re: Our Refinery Will Supply First Product To Market By July, Says Dangote by abhosts(m): 2:37pm On May 22, 2023

So why not launch with incoming President when it is ready?

22 Likes 4 Shares

Re: Our Refinery Will Supply First Product To Market By July, Says Dangote by didroon43: 2:43pm On May 22, 2023

abhosts:
So why not launch with incoming President when it is ready?

What kind of question is this?😂😂

40 Likes 2 Shares

Re: Our Refinery Will Supply First Product To Market By July, Says Dangote by didroon43: 2:43pm On May 22, 2023

He has tried.

11 Likes 1 Share

Re: Our Refinery Will Supply First Product To Market By July, Says Dangote by Phantom233: 2:54pm On May 22, 2023

Since it's only one man that the government had given monopoly right, the next line of investment he should enter is electricity. It doesn't take more than 5yrs to fix this country if he have d right people in place.

56 Likes 2 Shares

Re: Our Refinery Will Supply First Product To Market By July, Says Dangote by SalamRushdie: 3:02pm On May 22, 2023*

I told y'all the refinery wasn't ready and that Buhari just put pressure on this man to do fake Launch so he can claim it as part of his failed administration achievement...I doubt the refinery can even start working in July , it's takes month to test the distillators and I don't think any of them have even been fired up yet ...Let Buhari and APC keep deceiving themselves

86 Likes 4 Shares

Re: Our Refinery Will Supply First Product To Market By July, Says Dangote by Kokadomfreedom(m): 3:02pm On May 22, 2023*

Why not wait till when ready before commissioning? This is just a ploy by buhari and apc to claim credit of leaving a legacy

20 Likes 2 Shares

Re: Our Refinery Will Supply First Product To Market By July, Says Dangote by kelvindj98: 3:03pm On May 22, 2023

This just shows you that proper privatization is the only way to fix this country's economy. Government as usual can't be trusted to run our economy and infrastructure. But if it is properly privatized (not that rubish that Goodluck did where he sold parts of Nepa to his cronies). It will lead to economic boom. I can see more modular refineries being built once Dangote proves this venture can be profitable.

11 Likes 1 Share

Re: Our Refinery Will Supply First Product To Market By July, Says Dangote by GeneralBlanco: 3:03pm On May 22, 2023

Where is the picture of...

1 Like

Re: Our Refinery Will Supply First Product To Market By July, Says Dangote by AImiron(m): 3:03pm On May 22, 2023

Does this means subsidy will disappear?

1 Like

Re: Our Refinery Will Supply First Product To Market By July, Says Dangote by Nazgul: 3:03pm On May 22, 2023

From the hundreds of thousands of barrels of PMS that would be refined per day in this refinery, are we still going to be purchasing PMS for over N700 if subsidy is eventually removed?

Cos subsidy (according to the government) is the fee paid to independent marketers to reduce the price of refined petroleum products for consumers (Nigerians), since Dangote would be operating from Nigeria is it safe to say that we're going to experience a reduction in the price of fuel since subsidy would no longer be paid?

Would the refinery have a direct impact in the prices of fuel and Diesel?

Would it cushion the effect of the fuel subsidy removal on we the masses?

14 Likes

Re: Our Refinery Will Supply First Product To Market By July, Says Dangote by AntiChristian: 3:03pm On May 22, 2023

At least no more foreign petrol trips to refine and import!

God Bless Nigeria!

10 Likes 1 Share

Re: Our Refinery Will Supply First Product To Market By July, Says Dangote by yeman05(m): 3:03pm On May 22, 2023

Very good development. This is gon impact SIGNIFICANTLY

3 Likes

Re: Our Refinery Will Supply First Product To Market By July, Says Dangote by yomalex(m): 3:04pm On May 22, 2023

Hmm okay o

Re: Our Refinery Will Supply First Product To Market By July, Says Dangote by 2ndchildhood(m): 3:04pm On May 22, 2023

FIRDAUS3:
Everything gonna be fine, this smell so nice for Nigerians

Government

4 Likes 1 Share

Re: Our Refinery Will Supply First Product To Market By July, Says Dangote by Starboytwo(m): 3:04pm On May 22, 2023

By Gods grace, the country will move forward by force.

I no dey Jakpa, I no like cold, na here I base. If you have nothing good to talk about this project, just jakpa instead, Biko, don’t collect swear.

18 Likes 1 Share

Re: Our Refinery Will Supply First Product To Market By July, Says Dangote by bestman09(m): 3:05pm On May 22, 2023

We pray for the best for Nigeria.

They systematically killed nnpc refineries because of this project. Monopoly doesn't like competitions

1 Like 2 Shares

Re: Our Refinery Will Supply First Product To Market By July, Says Dangote by Pipefitter: 3:05pm On May 22, 2023

Story for the gods

Re: Our Refinery Will Supply First Product To Market By July, Says Dangote by ComptonGee: 3:05pm On May 22, 2023

Way to go!!!

1 Like

Re: Our Refinery Will Supply First Product To Market By July, Says Dangote by IgOga(m): 3:05pm On May 22, 2023

God bless Nigeria

God bless Lagos

God bless Tinubu for the vision

God bless Dangote for the will and money to invest

May this refinery be the first of many private refineries in Nigeria

11 Likes

Re: Our Refinery Will Supply First Product To Market By July, Says Dangote by Oluwatoyin544: 3:06pm On May 22, 2023

SalamRushdie:
I told y'all the refinery wasn't ready and that Buhari just put pressure on this man to do fake Launch so he can claim it as part of his administration challenge...I doubt the refinery can even start working in July , it's takes month to test the distillators and I don't think any of them have even been fired up yet ...Let Buhari and APC keep deceiving themselves

Are you a chemical engineer Sir?

6 Likes

Re: Our Refinery Will Supply First Product To Market By July, Says Dangote by Ijaya123: 3:06pm On May 22, 2023*

Good news. But somethings what most people have not realised is that petrol from Dangote refinery will only be cheaper by about N17-N21 difference when he starts selling, which is the cost saved from landing cost, logistics and other importation charges.

In reality, when subsidy is removed, his petrol will only be cheaper by that margin considering the existing market realities.

Phantom233:
Since it's only one man that the government had given monopoly right, the next line of investment he should enter is electricity. It doesn't take more than 5yrs to fix this country if he have d right people in place.

Did you apply for a license to build a refinery and the government didn’t grant it?

8 Likes

Re: Our Refinery Will Supply First Product To Market By July, Says Dangote by Image123(m): 3:06pm On May 22, 2023

Hmmm, this refinery remains suspect to me. Tinubu should hold on on subsidy removal for the first 6 months then. Because this dangote will sell at market rate if not higher. If Dangote sees rate of 2000 per liter, he will sell at 1999 per liter with all sort of excuses. If he sees it at 265, that's also what he will sell. Only competition makes Dangote bring down price. He's a businessman that wnats to gain, not a charity organisation.

4 Likes

Re: Our Refinery Will Supply First Product To Market By July, Says Dangote by INTEGRITYA1(m): 3:06pm On May 22, 2023

Great

1 Like

Re: Our Refinery Will Supply First Product To Market By July, Says Dangote by HacheNoire: 3:06pm On May 22, 2023

God bless Alhaji Aliko Dangote

God bless The Federal Republic of Nigeria

1 Like

Re: Our Refinery Will Supply First Product To Market By July, Says Dangote by MuslimIgbo: 3:06pm On May 22, 2023

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