Trade minister, Ambode lauds Dangote over refinery project

By Joshua Olalekan, Lagos

The Minister for Trade and Investment, Mr. Okechukwu Enelamah and Lagos State Governor, Mr. Lagos State Governor, Mr. Akinwunmi Ambode has lauded business mogul, Alhaji Aliko Dangote for his strides in business. Speaking in Lagos on Tuesday at the Lekki Free Trade Zone (LFTZ), the lauded his efforts for putting in place the world’s biggest refineries, saying the project is another confirmation that Lagos is a prime investment destination.

Addressing dignitaries that toured the project such as Togolese President, Mr Faure Gnassingbe, the governor said the refinery eloquently attests to the fact that there is a positive investment climate in Lagos which has resulted in the massive project.

“This investment (Dangote Refinery) is one of the biggest in Africa today and will have a huge impact on the economy of not only Nigeria but the whole of West African region.

“This refinery, when completed, will be the largest single line refinery anywhere in the world refining 650,000 barrels of crude oil daily.

“Apart from creating jobs, this refinery will contribute immensely to solving the fuel supply challenge in the West African region,” Governor Ambode said.

The Governor expressed satisfaction with the level of work done on the project so far, saying that he was happy that a lot of progress had been made.

He commended Dangote for his vision, doggedness and unwavering desire to contribute positively to the growth of the Nigerian economy, as well as his confidence in the Lagos economy.

While inviting Togolese investors to take advantage of the positive investment climate in Lagos, Governor Ambode said the State is open for businesses, and that his administration, in a bid to encourage investment, had massively invested in infrastructure and security of lives and property.

“Lagos is open for business. We are open to collaboration with the Togolese Government and investors to move our two countries forward. Our government is investing massively in creating infrastructure which will support businesses and individuals. We have made huge investment in security and we will continue to ensure that the lives and property of all citizens are secured.

“We will remain partner in progress with all our investors. Our desire is for investors to invest in Lagos, grow their businesses, create wealth and jobs for our people and ultimately grow our Gross Domestic Product (GDP) positively,” Governor Ambode said.

Enelamah said the Dangote Refinery project could best be described as a partnership between private sector and government at its best.

He commended Dangote for being not only Nigerian champion but champion of Africa with his massive investments and re-investments, which according to him, are creating jobs and growing the economy.

“We need champions and Dangote is a Nigerian champion; he is an African champion; he is also a role model.

“We need many examples and with the repositioning that the Federal Government is doing, we are going to see many more examples,” Enelamah said.

On his part, Dangote commended President Gnassingbe for finding out time to inspect the refinery, adding that he was happy with the interest and encouragement being received over the project.

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