Sell your depots, Otedola tells oil importers

By Yusuf Mutiu-Olaitan

September 3rd, 2024

Nigerian Billionaire, Femi Otedola has sent a word of advise to Oil importers in Nigeria.

He said this on Tuesday following the announcement that Dangote Refinery is ready to start full operations, by bringing out petroleum products, including the PMS to Nigerians.

It was earlier reported that the Dangote Refinery was ready for full operations on Tuesday, when Aliko Dangote announced that his refinery will be churning out 650,00 barrels per day.

Otedola took to his X to say that the development will put an end to fuel importing in the land.

“..You have not just built a refinery; you have liberated us from the chains of economic dependence that have held this nation back for far too long,”

“Now, with your refinery in full swing…the depot owners should take heed—it’s time to dismantle those depots and sell them as scrap while the market is still high.

“The world has changed, and those who do not adapt will be left behind.” he tweeted.

Share This Post

Leave a Reply

Your email address will not be published. Required fields are marked *