Otedola says bye to fuel scarcity as Dangote Refinery begins petrol distribution
Billionaire businessman Femi Otedola said on Sunday said that with the commencement of refining of petrol by the Dangote facility, the age-long challenge of fuel scarcity in the country was over.
Otedola, who doubles as the Chairman of Geregu Power Plc and First Bank Holdings Plc, hailed President Bola Tinubu for his support for the new refinery located in Lagos, adding that with the latest development, fuel queues will be a thing of the past in Nigeria.
Otedola said on his X handle: “Kudos to President Bola Tinubu for making this a reality! Fuel queues are now a thing of the past as Dangote Refinery starts loading PMS today Sunday, 15 September 2024.”.
He described the President’s backing for the project as ‘unwavering.’ Otedola, in a message on his X handle, stating that Tinubu’s support for the 650,000 barrels per day, $20 billion facility had been instrumental to the success of the project.
“First and foremost, I want to extend my heartfelt congratulations to President Bola Tinubu for his unwavering support and belief in actualising this monumental achievement under his administration.
“This day belongs to every Nigerian who has dared to dream of a better future. Congratulations to our great nation—today, we all stand a little taller,” Otedola stated.
In his message to his friend, Dangote, on the successful completion of testing of the product and imminent release of petrol to the public, Otedola had praised Africa’s richest person for never giving up on the dream shared by both of them.
