Friday 31 May 2013

ALIKO DANGOTE VOWS TO END FUEL IMPORTATION IN THE NEXT 4 YEARS


The richest man in west Africa in a recent interview acclaimed to the fact that he has some works in the pipeline and  when i say pipeline i oil pipeline. The business mogul said that he has started building refineries in Nigeria that would reduce if not abate the improtation of our own oil from other countries. According to reports:

"Work would commence later in the year on the proposed 400,000 barrels per day refinery which is expected to cost $4.25 billion. The refinery will be located in Ondo State. He disclosed this during an interview when the Annual General Meeting of Dangote Cement held in Abuja".

Reports also said that he is bringing some of the money for the buildings and the rest would be sourced form foreign and Nigerian banks.

Hmm, i thought i was going to see Nigerian Government among the fund raisers..... Yimu

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