₦airaland Forum

By Fawzi Kehinde


Kenya’s President William Ruto has credited Aliko Dangote with solving a fuel scarcity crisis that Nigeria’s oil wealth failed to prevent for decades, as he rallied support for a planned East African refinery modelled on the Lagos facility.

Ruto made the remarks on Wednesday at an infrastructure summit in Nairobi while making the case for African-led solutions to the continent’s energy challenges.

“Nigeria has been a producer of oil for all the years that we know. Yet, when you went to Nigeria, there were queues of people looking for fuel in petrol stations for a long time.

“Until one African stepped forward and built a refinery, Aliko Dangote,” he said.

The Kenyan president used the example to argue that Africa possessed the human and financial capital to solve its own problems, without looking to Europe or Asia.

Ruto urged regional leaders, industrialists and financiers present at the summit to act without delay.

“The solution wasn’t in Europe or Asia. The solution was in Nigeria for a problem that disturbed Nigeria for years.

“I dare say, ladies and gentlemen, we have in this room the political leadership, we have the industrialists, we have the financials to transform our continent and we must waste no time looking any further,” he said.

Dangote, who was present at the summit, pledged support for the proposed East African refinery if regional governments committed their backing.

The Nigerian National Petroleum Company Limited had for years promised to rehabilitate the country’s four public refineries in Port Harcourt, Warri and Kaduna, but repeated turn-around maintenance exercises yielded little result, leaving private investment to fill the gap.

Critics, however, have noted that fuel supply and pricing pressures have not fully eased in Nigeria since the Dangote refinery came on stream, with pump prices remaining high for many Nigerians.

Islie:
https://punchng.com/kenyan-president-credits-dangote-for-ending-fuel-scarcity-in-nigeria/?utm_source=rss.punchng.com&utm_medium=web

Nlfpmod

educatedfool:
Tinubu nko

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IsraeliAIRFORCE:
Why Dangote instead of Godwin Emefiele? Truth be told, without Emefiele, Dangote couldn't pull through. Internal and external competition became overwhelming until Emefiele prioritized Dangote Refinery over the interests of all Nigerians and our foreign exchange.

educatedfool:
Tinubu nko

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CodeTemplar:
Even if Kenya wanted, they cannot finance such magnitude of project.

Eriokanmi:
Tinubu bawoo, someone who almost ended the man's O&G career so that his refining facility in Malta could keep thriving ? Thanks to dangote's resilience. Petrol would have hit 2k by now. We know who the true enemies of the masses are. Sadly, his supporters are the hardest hit

CodeTemplar:
Even if Kenya wanted, they cannot finance such magnitude of project.

Cyberterror:
Dangote mega refinery attracted to Lagos by His Excellency President Bola Ahmed Tinubu but Peter Obi stole Anambra money to build beer factory so that his people can get drunk. The difference is very clear.

CodeTemplar:
tinubu will say he is the one who enabled it. Politics too much for him blood. Yekini.

UrVillageChief:
Even if you are not going to credit Yekini for providing an enabling platform for the refinery project to work, why aren’t you giving credit to Yekini’s people? The people who believed in the dream even when a certain region vowed it would never work; when these particular people claimed it was all lies and scam?😂
My friend, be sincere for once. All of a sudden, you are now realizing that yekini has no hands in that same project y’all called scam😂
We all know you are predictable, by this time next year, you will surely start claiming that Yekini didn’t build the Lagos-Calabar highway.

UrVillageChief:
We all know you are predictable, by this time next year, you will surely start claiming that Yekini didn’t build the Lagos-Calabar highway.

SmartyPants:
It is well established by now that there was never any such facility. Argue with sense and reason so that we can make headway.

IsraeliAIRFORCE:
Why Dangote instead of Godwin Emefiele? Truth be told, without Emefiele, Dangote couldn't pull through. Internal and external competition became overwhelming until Emefiele prioritized Dangote Refinery over the interests of all Nigerians and our foreign exchange.

Eriokanmi:
Go and ask dangote who knows better than you do in a business world. Keep living in denial. The moment dangote burst his bubbles, he let him alone