By John Owen Nwachukwu Billionaire business mogul, Femi Otedola, has told owners of oil depots in the country to dismantle their dep...
By John Owen Nwachukwu
Billionaire business mogul, Femi Otedola, has told owners of
oil depots in the country to dismantle their depots and sell them as scrap.
Otedola said this following the announcement earlier on
Tuesday that Dangote Refinery is now fully ready to churn out petroleum
products, including the Premium Motor Spirit also known as petrol across the
country.
DAILY POST reports that the President of Dangote Refinery,
Aliko Dangote, on Tuesday announced the rollout of Petrol from his 650,000
barrels per day.
He had in an earlier report said that the Petrol from the
refinery will be available in the Nigerian market in 48 hours depending on the
Nigerian National Petroleum Company Limited.
Otedola, in a post on X, said the development has
practically put an end to the business of fuel importers in the country.
“..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,” he wrote.
“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.”
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