Connect with us

Business

Dangote Petroleum Refinery Begins Production (VIDEO)

VerseNews reports that the products will be in the market within this month…

Published

on

image
Dangote production process

Dangote Petroleum Refinery, the largest single train refinery in the world, has commenced production of diesel and aviation fuel.

VerseNews reports that the products will be in the market within this month once regulatory approvals are received, a statement from the company said.

The refinery, owned by Africa’s richest man, Aliko Dangote, commenced production few days after receiving the sixth shipment of one million barrels of crude oil at its two SPMs located 25 kilometres from the shore.

The first crude delivery was done on December 12, 2023, and the 6th cargo was delivered on January 8.

The refinery can load 2,900 trucks a day at its truck-loading gantries and products from the refinery will conform to Euro V specifications.

A statement Friday night said President of Dangote Group, Alhaji Aliko Dangote, thanked President Bola Ahmed Tinubu for his support, encouragement, and thoughtful advice towards the actualisation of the project.

He also thanked the Nigerian National Petroleum Company Limited (NNPC Limited), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and Nigerians for their support and belief in the project.

“We also thank Nigerians for their belief and support in this project. We have started the production of diesel and aviation fuel, and the products will be in the market within this month once we receive regulatory approvals.”

“This is a big day for Nigeria. We are delighted to have reached this significant milestone. This is an important achievement for our country as it demonstrates our ability to develop and deliver large capital projects. This is a game changer for our country, and I am very fulfilled with the actualisation of this project,” Dangote said.

.He further said: “I must extend our sincere appreciation to our Bankers and financiers, both local and offshore, who demonstrated a great deal of patience, in seeing us through many difficult times. In the same vein, we thank the Government of Lagos State, under the leadership of Babajide Sanwo-Olu, who has been incredibly proactive in ensuring that the many challenges we encountered in the course of executing this project were quickly resolved. I thank him immensely.”

“I also sincerely thank our host communities and their Traditional leaders for their sustained patience, forbearance, and admirable willingness to work with us to find amicable and win-win resolutions to the many issues we have had to deal with as the construction of this huge facility progressed. Our staff have also contributed so immensely to the success of this project. I thank them profusely.”

See video below:

WhatsAppCOnnect

Stay ahead with VerseNews. Get the latest breaking news, insightful analysis, and trending stories. Your go-to source for timely updates and unbiased reporting.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

TinubuVerseNews TinubuVerseNews
Business1 hour ago

Who Nigeria Owes: Full Breakdown as Public Debt Soars to ₦152.39 Trillion in June 2025

Nigeria’s total public debt has climbed to an all-time high of ₦152.39 trillion as of June 2025, according to new...

Professor Joash Amupitan 932x1024 1 Professor Joash Amupitan 932x1024 1
Politics1 hour ago

BREAKING: National Assembly Lawyers Ask Senate to Disqualify Joash Amupitan as INEC Chairman

Over 1,000 Nigerian lawyers under ALDRAP have petitioned the Senate to disqualify Prof. Joash Amupitan as INEC Chairman.

governor governor
News1 hour ago

Edo Gov Okpebholo Orders Probe into 17-Year-Old Who Bought 14,000 Hectares of Land in Cash

Edo State Governor Monday Okpebholo has ordered a probe into a 17-year-old boy who allegedly bought 14,000 hectares of land...

Ondo Governorship Primary Ondo Governorship Primary
Politics2 hours ago

‘They’re Undertakers’ – APC Mocks PDP, Says Defections Signal Final Burial of Opposition

The APC has mocked the PDP, calling its remaining members “undertakers” presiding over the opposition’s final collapse.

SOMTOCHUKWU CHRISTELLE MADUAGWU 1 SOMTOCHUKWU CHRISTELLE MADUAGWU 1
News2 hours ago

BREAKING: Burial Plans Announced for ARISE News Anchor Somtochukwu Maduagwu

ARISE News has announced the burial date for its late anchor and producer, Somtochukwu Maduagwu, who was tragically killed during...

somto somto
News2 hours ago

Fresh Details Emerge on How Arise News Staff Somtochukwu Was Killed in Abuja Robbery, as NFSS, Police Arrest Five Suspects

Fresh details have emerged on the killing of Arise News staff member Somtochukwu Maduagwu during a robbery attack in Abuja.

lookman lookman
Sports3 hours ago

Ademola Lookman Suspended for Nigeria vs Benin World Cup Qualifier, Coach Chelle Reacts

Nigeria’s Ademola Lookman will miss the crucial 2026 FIFA World Cup qualifier against Benin Republic after receiving his second yellow...

NFF Settles For Another Foreign Coach For Super Eagles NFF Settles For Another Foreign Coach For Super Eagles
Sports3 hours ago

2026 World Cup: What Super Eagles Must Do to Qualify After Narrow 2-1 Win Over Lesotho

Nigeria’s Super Eagles kept their 2026 FIFA World Cup hopes alive with a 2-1 win over Lesotho, but qualification remains...

Tinubu President Tinubu President
Business3 hours ago

BREAKING: Tinubu Govt Pushes Nigeria’s Debt to Record ₦152.4 Trillion in 90 Days, DMO Confirms Fresh Borrowing Surge

Nigeria’s total public debt has surged to a record ₦152.4 trillion as of June 2025, according to the Debt Management...

IMG 3869 IMG 3869
Entertainment3 hours ago

From Lagos Parties to London Court: Ex-BBC DJ Tim Westwood Charged with Rape

Former BBC DJ Tim Westwood has been charged with multiple sexual offences, including several counts of rape, covering alleged incidents...

Advertisement