• About
  • Advertise
  • Contact
Friday, October 3, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Oil & Gas

Dangote Refinery, An Industrial Revolution Liberating Nigeria – Committee On Naira For Crude Sales

Vital News by Vital News
June 18, 2025
in Oil & Gas
0
Dangote Refinery, An Industrial Revolution Liberating Nigeria – Committee On Naira For Crude Sales
Share on FacebookShare on Twitter

The $20 billion Dangote Petroleum Refinery & Petrochemicals has been hailed as a symbol of industrial revolution, driving Nigeria’s economic emancipation.

This commendation was made by the Technical Committee of the One-Stop Shop (OSS) for sale of crude and refined products in naira initiative during a tour of the facility on Tuesday, June 17, 2025.

Coordinator of the OSS Technical Committee, Mrs Maureen Ogbonna, who led the delegation, described the refinery as a breath of fresh air, impacting virtually every sector of the economy.

“This refinery touches all our lives. There’s scarcely any sector unaffected. From pharmaceuticals to construction, food to plastics, this project is transformational.

“God has used the President of the Dangote Group to liberate Nigeria. I see this as the beginning of an industrial revolution,” she said.

RelatedStories

Dangote Refinery : PENGASSAN, NNPCL, NDMP, NUPRC Evade Service Of Court Order Halting Strike

Group Knocks Senator Ali Ndume Over Comment On PENGASSAN-Dangote Feud

You Are After Check-Off Dues, Not Workers’ Welfare, Dangote Tells PENGASSAN, TUC

PENGASSAN Members Shut Down NNPC, NUPRC, NMDPRA

Noting that, in line with President Bola Tinubu’s vision of achieving full domestic sufficiency in petroleum products and positioning Nigeria as a major global exporter, the committee is committed to eliminating regulatory, operational and logistical barriers that hinder the smooth supply and sale of domestic crude oil and refined products in naira.

Reflecting on the scale and sophistication of the facility, Ogbonna, who had visited during construction and more recently alongside the leadership of the Nigerian Ports Authority, expressed continued awe at its execution.

“It is truly mind blowing that one man could envision and execute such a project.

“As we toured the refinery, we thought we had seen everything until we reached the laboratory.

“That lab alone is an institution. I don’t know of any institution in Nigeria or even globally that boasts such a laboratory for petrochemical,” she said.

Applauding the engineering feat, Ogbonna urged Dangote to remain focused and undeterred by detractors, emphasising that the project is a global achievement, not a personal enterprise.

“We feel truly honoured to have been warmly received by the President of the Dangote Group and his team.

“My advice to him is: do not be discouraged by critics. He was never self centred. Despite the obstacles, he was driven by a vision for Nigeria’s future, reaching far beyond Africa,” she added.

In his response, Aliko Dangote applauded the technical committee for its role in supporting the implementation of President Tinubu’s laudable Naira-for-Crude initiative.

He commended the positive impact of the naira-for-crude swap deal on the Nigerian economy, noting that it has led to a reduction in petroleum product prices, eased pressure on the dollar, and ensured the stability of the local currency, among others.

However, he noted that due to a shortage of domestic crude oil, the refinery has increasingly relied on imports from the United States to meet its needs in recent months.

Dangote stressed the importance of bold investment in strategic sectors as a key to industrialisation, revealing that building the refinery required extensive infrastructure development, including a world-class, self-sufficient marine facility capable of accommodating the largest vessels in the world.

He assured the delegation of the refinery’s commitment to national development.

Designed to process a wide range of crude types including African and Middle Eastern grades as well as US Light Tight Oil, the refinery has the capacity to meet one hundred per cent of Nigeria’s domestic demand for petrol, diesel, kerosene and aviation jet fuel, with a surplus available for export. (vitalnewsngr.com)

Tags: CrudeDangoterefinerysalestour
Previous Post

FAAC Shares N1.659trillion May 2025 Revenue To FG, States, LGs

Next Post

Joint Task Force Arrests 26 Suspected Kidnappers In Kogi

Vital News

Vital News

RelatedStories

Dangote Refinery : PENGASSAN, NNPCL, NDMP, NUPRC Evade Service Of Court Order Halting Strike
Judiciary

Dangote Refinery : PENGASSAN, NNPCL, NDMP, NUPRC Evade Service Of Court Order Halting Strike

September 30, 2025
Group Knocks Senator Ali Ndume Over Comment On PENGASSAN-Dangote Feud
Labour

Group Knocks Senator Ali Ndume Over Comment On PENGASSAN-Dangote Feud

September 30, 2025
You Are After Check-Off Dues, Not Workers’ Welfare, Dangote Tells PENGASSAN, TUC
Labour

You Are After Check-Off Dues, Not Workers’ Welfare, Dangote Tells PENGASSAN, TUC

September 30, 2025
PENGASSAN Members Shut Down NNPC, NUPRC, NMDPRA
Labour

PENGASSAN Members Shut Down NNPC, NUPRC, NMDPRA

September 29, 2025
Dangote Spends N720bln To Acquire 4,000 CNG Trucks, Begins Free Distribution Of Fuel August 15
Labour

PENGASSAN’s Strike, A Guerilla Tactics To Hold Nigerians To Ransome – Dangote Refinery

September 29, 2025
Next Post
Joint Task Force Arrests 26 Suspected Kidnappers In Kogi

Joint Task Force Arrests 26 Suspected Kidnappers In Kogi

OF PROPHECIES AND REALITIES IN TODAY’S WORLD by Taiye Olaniyi

OF PROPHECIES AND REALITIES IN TODAY'S WORLD by Taiye Olaniyi

Advocate Urges FG To End Conflict-related Sexual Violence

Advocate Urges FG To End Conflict-related Sexual Violence

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

Gov. Ododo Congratulates Alhassan Yahaya, Adeiza Momojimoh On Election As NUJ President, Vice President Zone D

Gov. Ododo Congratulates Alhassan Yahaya, Adeiza Momojimoh On Election As NUJ President, Vice President Zone D

10 months ago
Kogi Guber Poll : PDP To Flag Off Campaign In Okene Oct. 24

PDP Says Supreme Court Judgment Disappointing

2 years ago
Alayegunle Of Ayegunle Ekiti, Oba  Folorunsho Aderiye Removed By Subjects

Alayegunle Of Ayegunle Ekiti, Oba Folorunsho Aderiye Removed By Subjects

4 months ago
Saraki To Host Baseball, Softball Championship, Release N8mln

Saraki To Host Baseball, Softball Championship, Release N8mln

3 years ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election elections FG gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security students Tinubu
No Result
View All Result

Highlights

Engineer Urges Nigeria To Invest In Aerospace Technology To Tackle Insecurity, Modernise Aviation

Bandits Kidnap Police Officer In Kwara

Death Toll In Ibaji Boat Mishap Rises To 36

Arrest of 147 Terrorists In One Week, Confirms Tinubu Is Boosting Troops’ Morale – Group ‎

Fubara Sacks Commissioners, SSG, SAs, SSAs

2027 : Group Holds Awareness Walk In Kogi, Reaffirms Commitment To Vision, Leadership Of President Tinubu

Trending

Kogi Vows Strict Enforcement Of Ban On Illegal Trailer Parks From  October 29
News

Kogi Vows Strict Enforcement Of Ban On Illegal Trailer Parks From October 29

by Vital News
October 2, 2025
0

The Kogi State Government says it will commence strict enforcement of ban on Zariagi, Osara and other...

Realnews Announces Theme, Date For It’s 13th Anniversary Lecture

October 2, 2025
Yakubu Gowon University Honours Deputy Commissioner Of Police, Hakeem Adedeji,  For Hard Work, Dedication

Yakubu Gowon University Honours Deputy Commissioner Of Police, Hakeem Adedeji, For Hard Work, Dedication

October 2, 2025
FG Cancels Independence Anniversary Parade

Engineer Urges Nigeria To Invest In Aerospace Technology To Tackle Insecurity, Modernise Aviation

October 2, 2025
Police Begin Manhunt For Killers Of Three Officers, Two Vigilante In Kogi

Bandits Kidnap Police Officer In Kwara

October 2, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • Kogi Vows Strict Enforcement Of Ban On Illegal Trailer Parks From October 29 October 2, 2025
  • Realnews Announces Theme, Date For It’s 13th Anniversary Lecture October 2, 2025
  • Yakubu Gowon University Honours Deputy Commissioner Of Police, Hakeem Adedeji, For Hard Work, Dedication October 2, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In