Businessman, Alhaji Aliko Dangote, has
restated his commitment to assist the
Federal Government in turning around the
country’s economy.
He spoke Lagos on Friday where he was
honoured as “Man of the Year 2015’’ by The
Guardian Newspapers Limited.
Dangote said he was working hard with his
company to take Nigeria to the next level and that within the next two and half years,
Nigeria was going to excel in some critical
areas.
“We want to do that by looking at critical
areas where Nigeria is not doing well in
terms of local production and tackle the
problem areas.
“Number one is refinery, Dangote Group is
building a refinery which will produce
650,000 barrels of petrol per day, the current capacity that we have as a country now, both the ones that are working and the ones not working, is just 450,000 barrels per day.
“Our petrochemical is 10 times that of Eleme, we are at 1.3 million, Eleme is 120,000, so it will be the largest petrochemical industry in Africa.
“In fertilizer production, we are not only
trying to satisfy the market, but our size is three million tonnes which is 10 times more than what is available in Nigeria today.
“We are trying to make sure we satisfy the
local needs and also export and we thought
about how to address our power issues,the
only way we can address power issues is to have enough gas and sort out distribution.
“Distribution is important because unless you collect money from the consumers, you
cannot grow,” the News Agency of Nigeria
quoted Dangote as saying at the forum.
Source: The Nation
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