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  • How Tinubu’s vision gave birth to Dangote Refinery, others – Dangote reveals
  • Business & Economy

How Tinubu’s vision gave birth to Dangote Refinery, others – Dangote reveals

Admin June 6, 2025

Tinubu and Dangote at the Refinery

Tinubu and Dangote at the Refinery

The Chairman of the Dangote Group, Alhaji Aliko Dangote, on Thursday described the Dangote Petroleum Refinery and Petrochemicals Complex as the brainchild of President Bola Tinubu.

Dangote gave the credit during the President’s visit to the complex in Lagos State.

“It gives me immense pleasure to welcome Your Excellency on your visit to the Dangote Refinery and Petrochemicals  Complex and to commission this concrete road and other roads which you graciously approved.

“I must emphasise that the Dangote Refinery and Petrochemicals Complex is in many ways your brainchild.

“The Lekki Free Trade Zone, the site of this industrial complex, was established during your tenure as Governor of Lagos, and I think, Your Excellency, today, you are witnessing tangible fruits of that vision,” Dangote said.

He described Tinubu as a visionary leader.

“I can tell you for a fact that what you have seen today is nothing. We have just started.”

According to him, one of the Tinubu administration’s most transformative initiatives is the Naira for Crude Policy.

He said that the policy stood out as a clear testament to the administration’s commitment to economic recovery and national sovereignty.

‘’This bold policy has enabled us to reduce product prices consistently and guarantee availability for the overall benefit of Nigerians.

“It has also helped significantly in stabilising the prices of petrol, diesel, jet fuel, LPG, and polypropylene to their lowest levels ever.

“The effect of this development is the stabilisation of our currency, a critical element in the development of economic policy and budgeting by businesses,” Dangote said.

He also lauded the administration’s recently-introduced Nigeria First Policy, which aimed to drastically reduce reliance on foreign goods and services, prioritising local patronage in investment decisions, business operations, and consumption habits.

“This aligns with our group’s corporate vision of producing what we consume to promote self-sufficiency in meeting the basic needs of our people.

“Importation means  import of poverty and  export of jobs.

“We all have to align with this policy of Nigeria First,” Dangote advised.

Meanwhile, Dangote has honoured  Tinubu by naming the road leading to the Dangote Refinery as  Bola Ahmed Tinubu Road. Dangote announced the honour when he spoke about the various roads his group was building nationwide with tax credit. Dangote said the group is committed to spending N900 billion on roads, despite paying N450 billion in taxes last year. President Tinubu, for the first time, visited the refinery on Thursday,  before commissioning the Lekki Deep Sea Port concrete road and flagging off Section 2 of the Lagos-Calabar superhighway and the 25 km 7th axial road linking the port, the Free Trade Zone and Dangote Refinery to Sagamu-Benin expressway, via Ijebu Ode.

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Tags: Aliko Dangote Bola Tinubu dangote refinery and petrochemicals complex Lekki Free Trade Zone

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