• Home
  • News
  • Politics
  • Feature
  • Business
  • Opinion
  • Interview
  • Sports
Wednesday, May 6, 2026
  • Login
  • Home
  • News
  • Politics
  • Feature
  • Business
  • Opinion
  • Interview
  • Sports
No Result
View All Result
Kogi Flame
  • Home
  • News
  • Politics
  • Feature
  • Business
  • Opinion
  • Interview
  • Sports
No Result
View All Result
No Result
View All Result
📰 Get Latest News Updates

Join our Telegram group and receive breaking and trending news updates directly on your phone.

Join for News Updates ✕

NIGERIAN STUDENTS PASS VOTE OF CONFIDENCE ON DANGOTE REFINERY

Kogi Flame by Kogi Flame
August 1, 2024
in Business
0
NIGERIAN STUDENTS PASS VOTE OF CONFIDENCE ON DANGOTE REFINERY

RelatedPosts

PMS Pump Price in Nigeria Faces Upward Pressure as Global Crude Oil Prices Soar

Q1 2026: Dangote Cement Grows Exports by 71.6% as Capacity Hits 55MTA

Dangote Group Slams False Claims on Refinery Financing, ‘Rift’ with Elumelu

Spread the love

Kogiflame

Students across tertiary institutions in the country under the aegis of National Association of Nigerian Students (NANS) have passed a vote of confidence on the Dangote Refinery describing the recent demarketing of the world’s largest single train refinery by the Nigeria National Petroleum Corporation Limited (NNPCL) as the greatest disservice to the nation’s economy.

The students’ position came amidst alleged efforts by management of the NNPCL to induce the students body’s leadership with $250,000 to dissuade it from going ahead to declare support for Dangote Refinery in the current spat between the refinery and NNPCL.

Speaking after a tour of the Refinery facility yesterday in Lagos, leaders of the students’ body comprising of those from Universities, Polytechnics and Colleges of Education, said it would take an enemy of Nigeria to rubbish the gigantic project that would stop importation of fuel once and for all and save the nation of the scarce forex.

The NANS Senate President, Akinteye Babatunde Afiz addressing the management of the Dangote Refinery said they had the mandate of Nigerian Students to come and assess the situation of the refinery having been told that the refinery was uncompleted and inferior in all standards.

He said: we had a meeting on the situation in the country vis a vis the uncertainty in the oil and gas industry, especially the current fuel scarcity and we resolved to visit Dangote refinery to see things for ourselves, Having gone round the facility, our heart melted at the humongous size of the refinery.

“We are speaking the minds of all Nigerian students that Government should direct all marketers to patronize Dangote refinery and ease the current fuel hardship. If anyone wants to compete with Dangote let them go and build their own. Government has four refineries and they are not working yet they don’t want the one that is available to sell. We will not accept that.

“Dangote Refinery has come to stay. We have discovered that all claims being bandied around are false. Our impression is that they never expected the refinery to stand, that is why they are against you. But we are pledging our resolve to stand by you.

“We have seen the refinery laboratory and we could see that it is world class. We cant allow this type of project that holds great potential for Nigeria’s economy to go down through some people’s disdain for the success of Alhaji Aliko Dangote.” He then urged the government to do all possible to support Dangote Refinery and protect it from saboteurs.

Earlier, The Vice-President, Dangote Industries Limited, Devakumar Edwin while welcoming the student leaders to the Refinery thanked them for the concern for the facility ad the resolve to stand for the truth by rejecting the monetary inducement.

He told the students that President Tinubu has intervened and commended the President for the directive for crude to be sold to Dangote Refinery in Naira currency, saying it is a good development for all Nigerians.

Edwin said the concern of the students was well placed as all Nigerians should be worried indeed because abut 90 percent of Nigeria forex goes into importation of fuel and that Dangote Refinery could help solve the proble as 43 percent of its capacity production could satisfy domestic demand while the remaining will be exported to generate more forex into the country.

Wondering why anyone would want to frustrate the refinery, Edwin noted “So much has been spent on the government refineries and there was nothing to show for it as they remained moribund.

“What we want to do in Refinery, we have done it other businesses, Nigeria used to be the biggest importer of Sugar, we came in and change the narrative. We led the backward integration scheme of the federal government, and we now produce sugar locally for domestic consumption and others have joined us. We did same in Cement by opening up production plant and today Nigeria exports cement to other countries.

“In a business no one was interested in investing into, Dangote delved into it determined to ensure Nigeria no longer imports fuel, invested massively and come up with the world’s largest single train refinery. He said he would not take his money to Dubai or Swiss banks as others are doing, he decided to invest at home and now they are saying he wants to create monopoly.

“We didn’t ask for any favour other than that we want to buy crude to produce, first they said there was no crude, later they said we would have to pay some dollars above the prevailing crude market price. And this is a global market where you can track crude prices anytime. We resorted to buying crude from Brazil and United States. Later they said we should not be announcing the price of the products.

“Even the US that is the leading proponent of of free market economy protects its local industries by imposing huge duty on from foreign imports just to protect local industries. This is a man that Saudi Aramco once approached to come and cite hie refinery in Saudi Arabia, promising steady supply of cruse. Abu Dahbi also invited him to do same on their soil but he rejected insiting he would build at home, now he did that and a facility that is supposed to add value to Nigeria’s economy is being frustrated.”

The Dangote Industries boss said the Company would continue to focus on its business strategy which is to add value to Nigeria economy through investments and job creation for the teeming Nigerian masses.

Tags: NIGERIAN STUDENTS PASS VOTE OF CONFIDENCE ON DANGOTE REFINERY
Kogi Flame

Kogi Flame

Related Posts

PMS Pump Price in Nigeria Faces Upward Pressure as Global Crude Oil Prices Soar
Business

PMS Pump Price in Nigeria Faces Upward Pressure as Global Crude Oil Prices Soar

May 6, 2026
Q1 2026: Dangote Cement Grows Exports by 71.6% as Capacity Hits 55MTA
Business

Q1 2026: Dangote Cement Grows Exports by 71.6% as Capacity Hits 55MTA

May 5, 2026
Dangote Group Reaffirms Commitment to Zambia’s Economic Growth
Business

Dangote Group Slams False Claims on Refinery Financing, ‘Rift’ with Elumelu

May 4, 2026
Dangote Group Slams False Claims on Refinery Financing, ‘Rift’ with Elumelu
Business

Dangote Group Slams False Claims on Refinery Financing, ‘Rift’ with Elumelu

May 3, 2026
Nasarawa Trade Fair: Dangote Says More Jobs Coming
Business

Nasarawa Trade Fair: Dangote Says More Jobs Coming

May 3, 2026
Dangote Cement Powers Global Sustainability Innovation at A4S 2026
Business

Dangote Cement Powers Global Sustainability Innovation at A4S 2026

April 30, 2026
Load More
Next Post
My Joy is to impact posively on my Commuity – Hon. Abdulrafiu Yakubu

My Joy is to impact posively on my Commuity - Hon. Abdulrafiu Yakubu

Leave a Reply

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

No Result
View All Result
  • PMS Pump Price in Nigeria Faces Upward Pressure as Global Crude Oil Prices Soar
  • Magongo Stakeholders Urge Ododo to Respect Power Rotation in Ogori/Magongo Constituency
  • CUSTECH Osara Expels 8 Students Over Examination Misconduct
  • Kogi East Insists on Full Implementation of Court Judgments on Suppressed Constituencies, Warns Against Compromise
  • SDP Crisis Deepens in Kogi as Chairman Disowns Lokoja Congress, Demands Probe

Categories

  • Business
  • Course
  • Fashion
  • Feature
  • Featured
  • Health
  • Interview
  • Music
  • News
  • Opinion
  • Politics
  • Recipes
  • Sport
  • Sports
  • Uncategorized
  • World

All Rights Reserved ©2025. Designed by Domotechhub.com

No Result
View All Result
  • Home
  • News
  • Politics
  • Feature
  • Business
  • Opinion
  • Interview
  • Sports

All Rights Reserved ©2025. Designed by Domotechhub.com

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In