Dangote Cites Buhari’s Support as Key to Refinery Project Success

During the project’s commissioning in Lagos, Dangote acknowledged President Buhari’s ongoing support and motivation over the past eight years. Despite encountering setbacks in his quest to venture into the petroleum sector two decades ago, Dangote has finally brought the project to fruition, for which he expressed immense delight.

Dangote expressed his deep gratitude to President Buhari, stating, “At times when I felt like giving up, your confidence and quiet words of assurance have made the difference. Mr President, I thank you from the bottom of my heart.”

In addition to President Buhari, Dangote also extended his gratitude to the Lagos State government, beginning with President-elect Bola Tinubu’s tenure as governor from 1999 to 2007, through to the current governor, Babajide Sanwo-Olu. He highlighted the state government’s remarkable support for the private sector, particularly in fostering an investment-friendly climate.

The Dangote Group has invested over $30 billion in various industries in Lagos State due to this encouraging business environment.

The project’s commissioning was attended by five other presidents, including Togo’s Gnassingbé Eyadéma, Ghana’s Nana Akufo-Addo, Senegal’s President Macky Sall, and Niger Republic’s Mohamed Bazoum, along with several ambassadors.

It is projected that Nigeria could save up to $10 billion in foreign exchange and generate another $10 billion in exports with the commencement of the Dangote Refinery.

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