Dangote’s Refinery Set to Unmask Nigeria’s Petrol Consumption Secrets

The President of Dangote Group and owner of Lagos-based Dangote Refinery, Aliko Dangote has said that his $20 billion facility will show the true volume of petrol consumption in Nigeria.

Dangote made this statement at a conference on Tuesday in Lagos where he rolled out Premium Motor Spirit (PMS) also known as petrol from the refinery.

“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.

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“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.”

According to him, as soon as his company finalises modalities with the Nigerian National Petroleum Company Limited (NNPCL), the product will hit the market.

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