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Dangote to National Assembly: Consider My Refinery As National Asset

POSTED ON June 11, 2024 •   Business      BY Abiodun Saheed Omodara •   VIEWS 62
Dangote Refinery l Credit: Nairametrics

The owner of Dangote Refinery, Aliko Dangote, has urged the National Assembly to consider the refinery as a national asset.

He stated yesterday that the refinery has multiplier effects on the nation and should be protected and backed with laws that would ensure no interruption in its activities.

Dangote made the appeal when the President of the Senate, Senator Godswill Akpabio, visited the refinery.

He said: “I urge the National Assembly (NASS) to consider this refinery as a national asset given the envisaged long multiplier effect for the country. Indigenous investment of such ought to be protected and backed by laws to prevent disruptions in its activities."

Akpabio promised that the NASS would give tax waivers to the refinery.
He said: “We will do as human beings, go back and do our best to protect this facility. We will do that. If incentives including tax waivers, are given to people who acquire oil wells, why should we not give tax waivers to this refinery?"

Meanwhile, sources told New Telegraph on Monday that the refinery’s petrol will no longer be in the Nigerian market in June as Dangote had earlier informed.
It was gathered that the product will now be available for sale in Nigeria from July 2024. 

It was also gathered that the refinery would be listed on the Nigerian Stock Exchange later in the year.

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