Aliko Dangote guarantees that Dangote oil refineries have sufficient Advanced Sports Spirit (PMS), commonly known as gasoline, to meet Nigeria’s needs.
Zambia’s energy minister’s weekend speech after visiting the refinery Machozoli ChittentsDangote revealed that the plant currently holds more than 50 liters of refined petroleum products and holds more than 600 billion worth of fuel in its water tank.
“As we say now, we have over a billion liters. The refinery is producing enough refined products such as petrol, diesel and kerosene to meet 100% of Nigeria’s demand,” Dangert said.
He stressed that refineries are not only suitable for Nigeria, but also targeting the entire continent, aligning with the goals of the African Continental Free Trade Area (AFCFTA).
“We must maintain the African Continental Free Trade Area (AFCFTA) agreement. We are trying to see how we trade with other African countries,” he added.
Zambia seeks energy partnership with Dangote
Chikote led the delegation to explore potential energy partnerships through Dangote, and he expressed his admiration for the refinery’s capabilities and its potential interests in Africa.
He said:In Zambia, we create an environment for the private sector to participate in the development and development of our country. Currently, 100% of our oil is done by the private sector.
“Our goal is to increase productivity in mining, agriculture and other sectors. Your presentation is a direct solution to our energy needs. We are working to promote competition among private players.
“We are looking at the upcoming Dangote that will lead to efficient, reliable, quality and competitive products that we hope will be done as yesterday.”
The Zambian delegation visited key facilities, including single point mooring, Africa’s largest fertilizer plant, Dangote Jetty, and a 650,000 barrels per day refinery, which was described as the world’s largest single culture plant.
Chikote stressed the importance of intra-African trade and self-sufficiency, noting that refineries represent a role model for African countries to reduce their dependence on foreign imports.
“We see here that we can learn from what Dangote does, which will lead Africans and Africans to stand up without relying on overseas support in terms of trade. I believe people have learned some lessons. One lesson I learned from this visit is that Dangote looks at the bigger prospects of Africa,” he said.
