Dangote Refinery will help stabilise Naira, impact lives, says Shettima
Kashim Shettima, Nigeria’s vice president-elect, on Monday, said that the Dangote Refinery will help stabilise the naira and impact the lives of Nigerians.
Shettima, while giving the assurance at the commissioning of the refinery in Lagos, said that the project had rubbished the stereotypical negative narratives about Nigeria and Africa, as usually portrayedin the Western Media.
The former governor of Borno State described the inauguration as one of the greatest days in the nation’s history, adding that the project has huge prospects of reversing Nigeria and Africa’s reliance on imported petroleum products.
He expressed the optimism that the project should get a very wide coverage, so that the world can begin to tell a new story about the continent.
Shettima said, “Africa is not all about the crisis in Sudan, Africa is not all about poverty, Africa is not all about deprivation and destitution, Africa is not all about insecurity, I hope the CNN, the BBC, and the Sky News of this world will be around to give maximum coverage to this function.”
He commended Nigerian entrepreneurs who have already embarked on similar projects, noting that the incoming government led by Asiwaju Bola Tinubu will do everything possible to upscale and sustain the tempo of the refinery project.
Dangote Refinery will strengthen Nigeria’s economy, generate 12,000 Megawatts – Emefiele
Meanwhile, the Central Bank of Nigeria,CBN, Governor, Godwin Emefiele has said that the newly inaugurated Dangote Refinery will impact Nigeria economy and help the country generate 12, 000 more Megawatts of electricity.
Emefiele gave this assurance while speaking at the commissioning of the refinery in Lagos on Monday, while adding that over 135,000 permanent jobs will be available to Nigerians as operations get underway.
According to him, the facility is also expected that the refinery saves Nigeria between $25 and $30 billion in forex annually.
Emefiele noted that, like a venture that continues to give, the refinery will further give the economy an inflow of $10billion yearly.
He described the Dangote Refinery is an indication that Nigeria can produce whatever it needs.
