Saturday, October 10, 2026

Dangote says refinery Tinubu’s brainchild

“I must emphasise that the Dangote Refinery and Petrochemicals Complex is in many ways your brainchild,” Mr Dangote told the president.

• June 6, 2025
chairman of the Dangote Group, Aliko Dangote
Femi Otedola, Rabiu Abdulsamad and Aliko Dangote

The chairman of the Dangote Group, Aliko Dangote, on Thursday, described the Dangote Petroleum Refinery and Petrochemicals Complex as the brainchild of President Bola Tinubu.

Mr Dangote gave the credit during the president’s visit to the complex in Lagos.

“It gives me immense pleasure to welcome Your Excellency on your visit to the Dangote Refinery and Petrochemicals Complex and to commission this concrete road and other roads which you graciously approved.

“I must emphasise that the Dangote Refinery and Petrochemicals Complex is in many ways your brainchild.

“The Lekki Free Trade Zone, the site of this industrial complex, was established during your tenure as governor of Lagos, and I think, Your Excellency, today, you are witnessing tangible fruits of that vision,” Mr Dangote said.

He described Mr Tinubu as a visionary leader.

“I can tell you for a fact that what you have seen today is nothing. We have just started,” added Mr Dangote.

According to him, one of the Tinubu administration’s most transformative initiatives is the ‘Naira for Crude Policy’.

He stated that the policy stood out as a clear testament to the administration’s commitment to economic recovery and national sovereignty.

‘’This bold policy has enabled us to reduce product prices consistently and guarantee availability for the overall benefit of Nigerians. It has also helped significantly in stabilising the prices of petrol, diesel, jet fuel, LPG, and polypropylene to their lowest levels ever.

“The effect of this development is the stabilisation of our currency, a critical element in the development of economic policy and budgeting by businesses,” Mr Dangote explained.

He also lauded the administration’s recently introduced ‘Nigeria First Policy’, which aimed to drastically reduce reliance on foreign goods and services, prioritising local patronage in investment decisions, business operations, and consumption habits.

“This aligns with our group’s corporate vision of producing what we consume to promote self-sufficiency in meeting the basic needs of our people.

“Importation means import of poverty and export of jobs. We all have to align with this policy of ‘Nigeria First’,” Mr Dangote stated.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Nigerian Bar Association

States

Independence: NBA urges Nigerians to expect better future

The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

blackout

World

About one million without electricity after hurricane makes landfall in Florida

Isaias peaked as a category three hurricane, with heavy rain and powerful winds, but has since been downgraded.

Power Grid

Lagos

Lagos targets 3,000MW electricity supply by March 2027

Mr Sanwo-Olu said the initiative is part of efforts to end blackouts and build a 24-hour power economy in the state.

Politics

Nigeria at its best in 12 years; no govt has built infrastructure like my husband’s, says Remi Tinubu

Mrs Tinubu also cited the administration’s food support programme, saying it was designed to provide nutritious food for children.

TURKISH AIRLINES

States

Turkish Airlines increases Lagos flights from seven to 10 weekly

The statement added that the increase was aimed at meeting the growing travel demand between Nigeria and Türkiye.

Governor Abba Kabir Yusuf

States

Gov Yusuf condoles victims of bandit attack in Kano

Mr Yusuf assured residents that the state government was intensifying efforts to strengthen security through collaboration with relevant security agencies.

Navi Pillay

Africa

African Bar Association congratulates Navi Pillay for winning 2026 Nobel Peace Prize

Ms Pillay made history as the first Black woman appointed to the High Court of South Africa.