The Dangote Petroleum Refinery is set to generate an annual market worth $21 billion for Nigerian crude oil, announced Aliko Dangote, Chairman of Dangote Refinery, during a visit by Bello Matawalle, minister of state for defence.
During the visit on Saturday, Matawalle praised Dangote’s
bold investments and highlighted their positive impact on the Nigerian economy
through wealth creation and job generation.
The minister reiterated the federal government’s commitment
to safeguarding such pivotal investments, ensuring they contribute
significantly to economic growth and employment opportunities for the nation.
Matawalle emphasised President Bola Tinubu’s dedication to
protecting citizens, infrastructure, and investments across Nigeria.
This assurance was confirmed in a statement signed by
Henshaw Ogubike, director of information and Public Relations at Defense
HeadQuarters, on Sunday.
Addressing investors, Matawalle assured Dangote and others
that their investments would be securely protected within the country.
Describing the multi-billion-dollar refinery as the largest
in Africa, he underscored the government’s commitment to providing security to
maintain high production levels.
Matawalle commended Dangote’s patriotism and courageous
investment in Nigeria, stressing the significant contributions to economic
growth and employment.
He reiterated the government’s pledge to maintain maximum
security around the refinery facilities.
Expressing gratitude for the Minister’s visit, Dangote
reaffirmed his commitment to supporting Nigeria’s economic vision. He aligned
his efforts with President Tinubu’s goals of improving lives through wealth
creation and employment for the youth.
“The refinery will meet 100% of Nigeria’s refined product
requirements and have a surplus for export, creating a market for $21 billion
per annum of Nigerian crude,” Dangote stated.