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Thursday, July 23, 2026

Dangote Refinery Saved Nigeria From Economic Collapse, Hardship For Common Man- Oluwo

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Says Nigerians Would Have Bought Fuel At 10k/L

 

Having studied the global trends, I write as a first class monarch of influence with international touch to commmend the President of Dangote Group, Alhaji Aliko Dangote, for saving Nigeria’s economy from imminent collapse. His investment in Dangote refinery contributed immensely to rescue the entire nation’s economy from crumbling.

 

Presently, despite humongous exportation of dangote fuel, many great nations are almost running out of their fuel reserves. God loved us to have blessed us (Nigeria) with a Nigerian, a black man, who personally financed a private refinery exporting fuel to advanced countries of the world. Nigerians that matter are acknowledging, supporting, and praying for Dangote for extricating Nigerians from economic quagmire that would have consumed many. Without Dangote refinery, Nigerians Would Have Bought a litre of petrol at 10,000. I used to imagine the fate of common men should a litre of petrol be sold at such outrageous amount considering the global rise in fuel per barrel. Nigerians enjoy one of the lowest fuel prices in the world courtesy of Dangote Refinery. A Nigerian gave the black race the negotiating power in deciding the fate of our economy. The US- Iran war heightened the economic tension. It was an emergence no one planned for. At such a critical moment, a black man was among the very few who sustained the world economy and arrested fuel scarcity. Many good news are coming from his refinery.

Some days ago, Dangote Refinery shook the world by announcing the expansion of its production capacity from 650,000 barrels per day to 700,000 barrels per day with a projection to be the largest fuel refinery hub in 2028 to produce 1.4m barrels per day. The expansion project was confirmed a few days ago during the performance test conducted by the refinery’s process licensors as revealed by the Vice President of Oil and Gas at Dangote Industries Limited, Devakumar Edwin.

The development marks a significant operational milestone for the refinery, which is widely regarded as the world’s largest single-train petroleum refining facility. This development will undoubtedly restore our glory as the giant of Africa and place our nation as the envy of many great nations.

 

It should be a pride that the Dangote oil facility now supplies both domestic and international markets, exporting refined products to several African countries and to European destinations, including the United Kingdom, France, Spain, Italy, and the Netherlands. Refined products from the facility have reached markets in the United States, while jet fuel exports have extended to Saudi Arabia.

The global oil inflation occasioned by the US-Isreal-Iran war posed the greatest threat to the global economy, Nigeria inclusive. Dangote has been honoured abroad. He should be celebrated more at home.

 

I commend President Bola Ahmed Tinubu for giving necessary support for the refiner. I seek continuous collaborative efforts to ensure the refinery becomes the biggest as projected by the President of Dangote Group. Nigerians should rise to applaud this honourable man. Many of us with vast knowledge of the international economy always give both physical and spiritual support to Dangote.

Dangote is the first black man to achieve such a giant economic reach. I am proud of him. For this unprecedented feat and his business tenacity, I honour and declare Alhaji Aliko Dangote as Chief Atayero of Nigeria (The Refiner of Nigeria).

 

Alli Ibraheem, Chief Press Secretary to Oluwo

His Imperial Majesty, Oba Abdulrosheed Adewale Akanbi, Natural Paramount Ruler of Iwoland.

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