Dangote: Refinery Paid $100M for Land, No Government Incentives for $20B Lekki Refinery

Aliko Dangote, Africa’s richest man, asserted on Saturday that his $20 billion refinery at the Lekki Free Trade Zone was built without any incentives from the Nigerian government. This statement was made during a visit from the House of Representatives’ leadership, led by Speaker Tajudeen Abbas and his deputy, Benjamin Kalu.

“We did not, and I repeat, we did not collect one single incentive from the Federal Government of Nigeria or even Lagos State for the refinery,” Dangote emphasized. “Yes, Lagos State gave us a good deal, but we paid $100 million for the land. It wasn’t free land; we paid for it.”

Dangote also expressed his commitment to continue his endeavors, noting, “The majority of the population are with us. So, we are not discouraged; we will continue what we are doing.”

Additionally, Dangote addressed concerns about the quality of diesel and petrol at filling stations, dismissing claims that his refinery’s products are substandard. He urged the House of Representatives to investigate the issue, suggesting the establishment of a committee to test petroleum products at various filling stations across the country. Dangote highlighted the damage substandard products cause to vehicles and engines, calling for action to ensure quality control in the industry.

Last updated on September 23rd, 2024 at 07:54 am

Do you find NaijaChoice useful? Click here to give us five stars rating!
More On


Follow NaijaChoice on Social Media

Twitter: @naijachoice01 Facebook: @naijachoicenig Instagram: @naijachoiceng Tiktok: @naijachoice

RECOMMENDED FOR YOU 🔥

  Lagos Indigenes Write Gov, Demand Details Of Dangote’s $100M Land Purchased Our Refinery Has Received Repeated Orders From Abroad — Dangote Documents Show Dangote Deceived Lawmakers, Diesel Quality Worse Than Presented Tinubu Vows Dialogue with Withdrawn Members Burkina Faso, Mali, Niger in ECOWAS Address at AU Meeting FEC Orders NNPC To Sell Crude Oil To Dangote, Other Refineries In Naira Fuel Price Rises 223.21% To ₦‎769.62 Per Litre – NBS Fuel Rises To ₦‎1,300/Litre As Depots Run Dry You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote Our Refinery Has Received Repeated Orders From Abroad — Dangote Comply With NNPCL Regulations, Arewa Youth Urges Dangote Refinery Dangote Refinery Products Inferior; Nigeria Can't Rely On Them Alone - NMDPRA Dangote Refinery Begins Reselling Of Imported Crude Oil Amid Domestic Crisis Akinwumi Adesina Says This Dangote Issue Is Shocking – Otedola Our Refinery Has Received Repeated Orders From Abroad — Dangote Truce Meeting Between Dangote, NMDPRA, NUPRC, NNPCL Fails To Resolve Imbroglio Dangote Refinery Products Inferior; Nigeria Can't Rely On Them Alone - NMDPRA Dangote Refinery Should Be Fully Supported – Peter Obi

Alternative Tags:

Be the first to comment

Leave a Reply

Your email address will not be published.


*