FG REAFFIRMS COMMITMENT TO NATIONAL UNITY AND FAIR REPRESENTATION IN APPOINTMENTS. (PHOTO). #PRESS RELEASE.

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 PRESS RELEASE OFFICE OF THE SECRETARY TO THE GOVERNMENT OF THE FEDERATION FEDERAL GOVERNMENT REAFFIRMS COMMITMENT TO NATIONAL UNITY AND FAIR REPRESENTATION IN APPOINTMENTS The Office of the Secretary to the Government of the Federation (OSGF) wishes to address recent insinuations circulating, particularly on social media, regarding the composition of Federal appointments. The Government categorically refutes claims of lopsidedness and emphasizes its unwavering commitment to the principles of fairness, equity, and national unity. All appointments are made in strict adherence to federal character principle, as enshrined in Section 14 of the Constitution of the Federal Republic of Nigeria, 1999 (as Altered). It is notable to mention that, His Excellency, President Bola Ahmed Tinubu, GCFR, believes strongly in the unity of Nigeria and is guided by the ideals of fairness and tenets of justice in all appointments. This Administration is dedicated to ensuring that all regions and demogra...
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WHY NO NEW REFINERY IN OTHER AFRICAN COUNTRIES IN 35 YEARS- ALIKO DANGOTE. (PHOTO).

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 Why no new refinery in other African countries in 35 years – Aliko Dangote


Aliko Dangote, the owner of the $20 billion Dangote Refinery, has blamed beneficiaries of fuel importation in other African countries for the absence of new refineries in the continent in the past 35 years.

Dangote disclosed this statement during a recent conversation with CNN’s reporter, Eleni Giokos, at his refinery in Lagos, Nigeria.

According to Dangote, other reasons for the absence of new refineries in Africa include a lack of loan facilities for investors, attributed to weak financial institutions among others.

“There are other countries in Africa who have been trying to build refineries but have been unable to. There has not been a new refinery in Africa in the last 35 years.

“There are so many issues regarding this such as money, political will, and also people who are benefitting from this whole system of importing petroleum products into Africa are discouraging their governments from building a refinery.

“Also, they won’t get loans anyway because they don’t have very strong banks. The international banks will not support anything like this,” Dangote said.

In April 2024, Dangote Refinery commenced the supply of diesel and aviation jet fuel to the Nigerian market months after it was commissioned last year.

The development comes as the Secretary-General of the African Petroleum Producers Organisation (APPO), Omar Farouk Ibrahim said 75 percent of crude oil produced in Africa is exported to other countries.

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