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Home Economy And Business

BREAKING: President Tinubu Storms Dangote Refinery In Lagos

President Bola Ahmed Tinubu has arrived at the Dangote Petroleum Refinery in Lagos for an official tour of the 650,000-barrel-per-day facility, his first since assuming office.

by NewsOnline Nigeria
June 5, 2025
in Economy And Business, Headline
0
Dangote

President Tinubu has stormed Dangote Refinery in Lagos.

NewsOnline Nigeria reports that President Bola Ahmed Tinubu has arrived at the Dangote Petroleum Refinery in Lagos for an official tour of the 650,000-barrel-per-day facility, his first since assuming office.

ALSO: Akwa Ibom People Reject Governor Eno’s Planned Defection To APC

 

The visit underscores federal support for local refining as Nigeria battles high fuel import bills and naira depreciation.

Speaking during the visit, President Bola Tinubu described Dangote Refinery as a massive investment and point of reference.

 

In a statement by the State House, Tinubu thanked Dangote for the initiative, describing it as a great point of reference.

 

The president, during the visit, also commissioned the access road to the Lekki Deep Sea Port and applauded Dangote Industries Limited and the contractor for the “quality” work.

 

He also expressed happiness for initiating the Deep Sea Port when he was the Governor of Lagos State, stressing that it is a huge success today.

 

According to him, users save vast amounts of money using the port because they no longer need to trans-ship their goods.

 

“I commend the quality of the access road done by Messrs Dangote Industries Limited on our Tax Credit Road programme and the subcontractor, Messrs Hitech Construction Company Limited,” he added.

 

Meanwhile, the President of the Dangote Group, Aliko Dangote, appreciated Tinubu for envisioning and implementing the Lekki Deep Sea Port project, assuring him of the private sector’s support for expanding infrastructure nationwide.

 

NewsOnline Nigeria reports that located at the Lekki Free Zone, the refinery Africa’s largest is set to boost fuel security, create jobs, and reduce pressure on foreign exchange once fully operational.

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