Billionaire businessman Femi Otedola has labeled the Dangote Refinery as the “eighth wonder of the world,” emphasizing its role in spearheading Nigeria’s energy security.
In a Sunday post on X (formerly Twitter), Otedola expressed that the refinery holds the potential for economic transformation for both current and future generations of Nigerians.
“By meeting our requirements for all refined petroleum products, it will champion energy security and independence for our nation and act as a catalyst for a new era of prosperity for the subcontinent. It promises economic transformation for Nigerians today and for generations to come,” he wrote.
Located in Lagos and owned by Africa’s wealthiest individual, Aliko Dangote, the refinery has reportedly started operating at a capacity of 350,000 barrels per day.
The facility recently received its initial one million barrels of Agbami crude grade, marking the commencement of the first phase of the planned six million barrels to be delivered by various suppliers to the refinery.
Extending congratulations to his “bestie,” Otedola praised Dangote as a visionary patriot.
He said the refinery is “much more than just an industrial milestone; it’s a testament to the visionary leadership and relentless pursuit of excellence of one of Africa’s finest and most dogged patriots”.
“I had a front-row seat as this vision was conceptualized and took shape. And I am familiar with the sleepless nights you’ve had to work through over the last decade to bring this dream to fruition.”
”This refinery is a beacon of hope for millions of Nigerians and Africans. It is also at the vanguard of championing environmental sustainability,” Otedola said.