Aliko Dangote, president of Dangote Group and founder of Dangote Refinery, has vowed to bring about “major shakedowns” in Nigeria’s downstream oil and gas sector.
This announcement came after President Bola Ahmed Tinubu visited the 650,000-barrel-per-day refinery in Lekki, Lagos State.
Dangote stated that the overhaul would not be limited to petrol price reduction, saying, “It will be the total overhaul of the downstream.”
The Africa’s richest man did not disclose specific details about the proposed changes.
Truth Live News recalls that the Dangote Refinery began producing premium motor spirit in October, leading to a decline in fuel imports into Nigeria.
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