The President and Chief Executive of Dangote Industries Ltd., Alhaji Aliko Dangote has announced plans to list the Dangote Refinery and Petrochemical Complex on the Nigerian Exchange Ltd. within the next year to promote broad ownership and transparency.
“Our long-term goal is to build Africa’s leading integrated energy and petrochemical hub, the first of its kind on the continent,” Dangote said in Lagos on Sunday.
Dangote also assured Nigerians of steady fuel supply during festive periods, in spite of of the recent global oil price increases.
“As we approach the end of the year, Nigerians often face fuel shortages and price hikes. I want to assure everyone that the Dangote Refinery is fully committed to maintaining uninterrupted supply throughout the festive season.
“For the first time in many years, Nigerians can look forward to a festive season free of fuel anxiety.” he explained.
He expressed gratitude to President Tinubu, the Federal and Lagos State Governments, the refinery’s host community in Lekki, financial partners, and the company’s dedicated workforce for their support.
“This expansion is not just about increasing capacity, it’s about confidence in our people, our country, and our continent.
“Together, we are building a stronger Nigeria and redefining what is possible for Africa,” he said.
Dangote also urged other refinery license holders to collaborate in achieving the government’s goal of making Nigeria Africa’s refining hub.
“When Africa builds its own capacity, it builds its own destiny,” he added.
GIK/APA