The 2023 Peoples Democratic Party (PDP) Presidential Candidate, Atiku Abubakar, has highlighted the journey of the founder of Dangote Group, Aliko Dangote in starting his refinery, emphasizing the numerous challenges he overcame.
Atiku criticized the APC-led governments for imposing tough reforms on the private sector.
He called on the Nigerian government to introduce reforms supporting private sector growth.
Posting on X, Atiku wrote: “Nigerians are aware of the many obstacles Aliko had to overcome to achieve this win.
“If the private sector must step forward to invest, create jobs, and drive growth, the government must roll out more supportive regulations and deliver them efficiently.
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“The worst damage done by the APC-led government since 2015 is the introduction of difficult-to-implement-and-sustain ‘reform’ initiatives that erode private sector confidence in our economy and drive investors away from our shores.
“There are a few major milestones ahead as Nigeria journeys toward attaining energy self-sufficiency. I hope Aliko will continue to lend his unwavering support on this journey”.
Dangote recently announced the start of fuel production from his refinery in Lagos, which has a capacity of 650,000 barrels per day.
During a press briefing, he mentioned that the refinery’s petrol output aims to reduce import reliance, leading to lower inflation and a more stable Naira against the dollar.
Dangote also shared that once discussions with the Nigerian National Petroleum Company Limited are concluded, the refinery’s petrol will be available in the Nigerian market.
Additionally, he stated that the pricing of petrol from the refinery will be determined by the Federal Executive Council (FEC).
