Dangote Refinery's Group Executive Director, Strategy, Capital Projects and Portfolio Development, Mr Devakumar Edwin, explaining critical issues before the visiting Minister of State for Petroleum Resources, Chief Timipre Sylva, NNPC GMD, Mele Kyari and core investors of the facility, Aliko Dangote during a recent tour of the refinery in Lekki, Lagos State. Photo: Business Hilights
Group Managing Director of the Nigerian National Petroleum Company Ltd (NNPC), Mele Kolo Kyari today at the commissioning ceremony of the new Dangote 650,000 capacity refinery maintained total silence on the level of acclaimed repairs of all the currently moribund national refineries.
However, he was quick to aver that the NNPC was happy to partner with the refinery, stressing that the happiness is because the project has potentials for smooth supply of petroleum and it would guarantee healthy competition for the benefits of the nation’s economy.
He said the NNPC Ltd. was committed to value addition to the potentials of the project noting that the new Petroleum Industry Act will provide security of supply of refined products and protect the plant. The NNPC boss added that his was happy the refinery is coming on board at a time the subsidy on imported products has become unbearable for government.
In their respective goodwill messages, Presidents of Ghana, Senegal, Niger, Benin Republic and Chad expressed satisfaction that the Dangote Refinery will serve the West African region and that their countries would be beneficiaries saying the Dangote Refiner is an African company for Africa by an African entrepreneur.
