Aliko Dangote has said that the roll out of petrol, PMS from his Dangote Refinery in Lagos will show the true daily petrol consumption in Nigeria.
The African foremost billionaire stated this at a conference in Lagos to roll out Premium Motor Spirit (PMS) also known as petrol at his refinery on Tuesday.
He said, “There is a lot of round-tripping where people now do documentation and the fuel does not come into Nigeria, and this is a fact.
“Right now, as we have this refinery working, it will show the true consumption of Nigeria.
“We can track every single loaded truck and we will try as much as possible to track the loaded ships. Trucks, we can tell you where they are. Just as now some of the products that we do, we can tell you exactly the consumption pattern.”
Dangote added that as soon as his company finalizes modalities with the Nigerian National Petroleum Company Limited (NNPCL), the product will hit the market.
The exact volume of Nigeria’s daily consumption of petrol has been subject of controversy for years.
Recall that in 2022, some prominent Nigerians faulted the figures of imported petrol into the country. These included the then Comptroller-General of the Nigeria Customs Service (NCS), Hammed Ali, then Governor of Kaduna State, Nasir El-Rufai, and Governor of Central Bank, CBN, Muhammad Sanusi. They all faulted the NNPCL’s official figure of 66 million litres of fuel daily consumption.
Speaking on the pricing of petrol from his refinery, Dangote said, “It is an arrangement which is designed and approved by the Federal Executive Council led by His Excellency, President Bola Ahmed Tinubu.
“As soon as it is finalized, which he (Tinubu) is pushing. Once we finish with NNPC, it can be today, it can be tomorrow, we are ready to roll into the market.”
The elated Dangote, however, declared that “it’s a celebration day” for Nigerians. He, therefore, assured all citizens that they “are now going to have good petrol while the engines of your vehicles will last longer. You will not be having an engine issue, which a lot of us were having. It won’t happen at all.”
“The quality here will match that of anywhere in the world, US, America. We will make sure that nobody will beat us in terms of quality,” Dangote said.
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