Africa’s richest man, Aliko Dangote, says his refinery’s bold steps are transforming Nigeria’s energy and industrial landscape.
Speaking in Lagos during a conference marking the one-year anniversary of petrol production at the 650,000 barrels-per-day refinery, Dangote declared that Nigerians are now living in “a new era” of affordable fuel and job creation.
“Despite opposition and economic headwinds, the refinery has successfully reduced the price of petrol from nearly N1,100 before production began to N841 in the South West, Abuja, Delta, Rivers, Edo, and Kwara,” he said.
24,000 Jobs Coming from CNG Fleet
Unveiling the next phase of operations, Dangote announced the deployment of 4,000 CNG-powered trucks, a move he said would directly create at least 24,000 jobs across Nigeria.
“These trucks will not be operated by robots. We are employing drivers, mechanics, fleet managers, and other professionals. We are not displacing jobs—we are creating many more,” he stressed.
Better Pay and Welfare for Workers
Highlighting his company’s labour policies, Dangote revealed that his employees earn three times the national minimum wage, while truck drivers enjoy life insurance, health coverage for their spouses and up to four children, plus lifelong pensions.
Nigeria as Africa’s Refining Hub
Dangote further declared that Nigeria has now become the continent’s refining hub.
“We are set to become the largest exporter of polypropylene and aim to make Nigeria the world’s leading fertiliser producer. These initiatives will generate foreign exchange, create jobs, and stimulate other sectors,” he said.
Call for “Nigeria First” Law
The industrialist urged the National Assembly to pass legislation that would entrench the Federal Government’s “Nigeria First” policy, insisting that no nation was ever industrialised by outsiders.
“Relying on imports means exporting jobs and importing poverty,” he warned.
Dangote reaffirmed his vision: “My goal is to see Africa prosper. We have the fastest-growing population in the world, but without industrialisation, we risk missing the future.”
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