Dangote Petroleum Refinery has achieved a significant milestone by exporting two cargoes of jet fuel to Saudi Aramco, the world’s largest oil producer. This development marks a major breakthrough for the Nigerian oil and gas industry.
The refinery, which began production in 2024, has steadily increased its output to 550,000 barrels per day. The export of jet fuel to Saudi Aramco is a testament to the refinery’s world-class standards and advanced technologies.
Aliko Dangote, President of Dangote Group, revealed the achievement during a visit by the Nigerian Economic Summit Group (NESG) to the refinery and fertiliser plants in Ibeju Lekki, Lagos. Dangote attributed the success to the refinery’s commitment to quality and innovation.
NESG Chairman, Niyi Yusuf, commended Dangote for his vision and perseverance in establishing the $20 billion refinery. Yusuf emphasized that Nigeria needs more investments of this calibre to achieve its goal of a $1 trillion economy.
Yusuf praised Dangote’s bold vision for making Nigeria self-sufficient in key sectors, stating that the refinery represents the audacity of courage. He acknowledged the significant challenges involved in setting up industries in Nigeria, particularly the lack of infrastructure.
Dangote reiterated the importance of the private sector in national development, asserting that Nigeria’s challenges can be overcome by providing gainful employment to its people.
He emphasized that the government stands to gain substantially when the private sector flourishes, noting that 52% of every naira generated by Dangote Cement goes to the government.
The NESG team toured the refinery and fertiliser plants, lauding the level of investment, technology, and sophistication of young Nigerian engineers running world-class laboratories and central control units.
The development is expected to boost Nigeria’s economy and reduce its dependence on imported petroleum products.
As the Nigerian government continues to pursue its economic diversification agenda, the success of the Dangote refinery serves as a testament to the potential of the private sector in driving growth and development.
The refinery’s achievement is expected to inspire other investors and entrepreneurs to explore opportunities in Nigeria’s oil and gas sector.
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