In a significant moment for Nigeria’s energy sector, billionaire businessman Femi Otedola has publicly lauded Aliko Dangote for the historic rollout of fuel from the Dangote Refinery.
Otedola’s message, which was filled with deep admiration and respect, highlighted the monumental achievement as a turning point in Nigeria’s quest for energy independence.
In his statement, Otedola expressed his heartfelt congratulations to President Bola Tinubu for his unwavering support in realizing this achievement under his administration. He noted that the day marked a significant milestone for every Nigerian who has dreamt of a better future, emphasizing the pride the nation feels in standing taller due to this accomplishment.
Otedola also reflected on the long journey that began 25 years ago when he and Dangote set up the Blue Star Consortium to acquire stakes in the Kaduna and Port Harcourt refineries. Despite the challenges they faced, including the government’s cancellation of their stakes, Dangote’s unwavering determination led to the success celebrated today.
“You never gave up on the dream we shared,” Otedola remarked, praising Dangote for carrying the torch forward and transforming their shared vision into reality. He pointed out that while the Kaduna and Port Harcourt refineries have remained dormant, Dangote has achieved what many considered impossible.
Otedola emphasized that the Dangote Refinery’s success is not just about the construction of a refinery but the liberation of Nigeria from economic dependence.
He noted that the refinery’s first fuel shipment marks the end of an era where Nigeria relied on foreign powers for its fuel needs.
Otedola also took a swipe at local cabals who have long profited from Nigeria’s economic struggles, stating that their era of easy gains is now coming to an end.
Reflecting on his own ventures, Otedola recalled how Zenon Petroleum & Gas Limited, his depot business, was established in response to inefficiencies within the Nigerian National Petroleum Corporation (NNPC). He noted that while Zenon filled critical gaps in the diesel market, Dangote’s refinery now represents a new era of efficiency and self-reliance in Nigeria’s energy sector.
Otedola concluded his statement with profound admiration for Dangote, extending his deepest respect and warmest regards to the entire team at the Dangote Refinery. He expressed hope that this achievement would be the beginning of even greater successes for Nigeria.
This praise from Otedola underscores the significance of the Dangote Refinery in transforming Nigeria’s energy landscape and the broader implications for the nation’s economic future.
As Nigeria marks this historic moment, the country looks forward to a new chapter of energy independence and economic growth.