It is now clear that some persons in government and outside government have been identified as the cabal holding Nigeria’s oil sector by the jugular. We have identified them, and we shall reveal their names to the people of Nigeria if this trend continues,” he said.
Browsing: NNPCL
The name “Dangote” resonates in virtually every household in Nigeria and millions of other households in the rest of Africa. In Nigeria, no household can escape the daily use of a series of household essential commodities from the Dangote group: salt, sugar, rice, fruit drinks, vegetable oil, seasoning pasta, and other products such as cement, flour, etc, among others.
“The test conducted in their presence confirmed the quality of our diesel and attested to the fact that our diesel is one of the best in the world with a low sulfur level,” Umar said. “The test revealed that Dangote’s diesel had a sulfur content of 87.6 ppm (parts per million), whereas the other two samples showed sulfur levels exceeding 1800 ppm and 2000 ppm respectively.”
“As I speak with you right now, we have been refining Jet-A 1, which is aviation fuel, and diesel with the expectation to roll out petrol next month,” Umar said.
The Group Chief Commercial Officer of Dangote Industries Limited, Rabiu A. Umar told newsmen in Kano on Friday that NNPC supplies only 33 percent of the crude to the refinery, disclosing that it had to look elsewhere to source the remaining 67 percent to meet its production capacity.
And that is why I am complimenting Dangote and I urge that everybody should give Dangote Refinery all the support so that, for once, we can stop exporting our crude oil for refining to bring it back because it would certainly add to the cost. And if we do not want to add to the cost, then we must subsidise. To subsidise, you have to take loans.”
Dangote Refinery is our only real ‘agbado’ in the fire. It is the only investment of its size that we as a nation have attracted ever and in the foreseeable future, and as such, all stakeholders must come together and put heads together to make it come on stream.
“In any case, if the Dangote refinery is unable to meet local demand, the gap can be filled by imports, these people in NNPC do not want to end their lucrative subsidy scam, and I don’t think they will end it.
“Protecting significant investments like Dangote’s is essential to attract FDI and drive our economic growth,” the tweet reads.
Then Dangote refinery happened. It has, they said, the capacity to refine 650,000bpd, more than what we consume daily. I just listened to the head of NMDPRA over BBC Hausa Service, saying—and sounding innocent—that Dangote wants monopoly but it is the duty of his organization to guard the interests of Nigerians. “How can you go to the market and be forced to buy from just one trader?” he asked.