Billionaire businessman and chairman of Geregu Power, Femi Otedola, has said that with Dangote Refinery’s commencement of petrol refining, the era of fuel queues caused by scarcity was over....For More READ THE FULL STORY▶▶
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Otedola lauded President Bola Tinubu for making the dream a reality, saying queues at filling stations will now be a thing of the past.
Femi Otedola declares petrol queues are over
He said: “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.”
Otedola, also the chairman of FBN Holdings Plc, said Tinubu’s support for the Dangote Refinery was revolutionary.
The billionaire disclosed this on X, stating that the president’s support for the refinery had been instrumental to the project’s success.
“First and foremost, I want to congratulate 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.
Dangote Refineries and NNPC feud over petrol prices
Otedola’s message comes amid a growing feud between Dangote Refineries and the Nigerian National Petroleum Company Limited (NNPC) over petrol pricing from the facility.
The Dangote Refineries had insisted that it did not sell petrol to the NNPC at N898 per litre and that its product was cheaper than imported petrol.
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The NNPC, on the other hand, released a petrol price list across the country, claiming to have bought the product from the Dangote Refineries at N989 per litre and would sell for between N950 and N1,050 per litre across the country.▶For More READ THE FULL STORY▶▶
