First Consignment Loads at Dangote Refinery in Lagos

Arise News
15 Sept 202424:25

Summary

TLDRThe Dangote Refinery in Lagos marks a historic moment with its first consignment of petrol being loaded onto trucks for distribution across Nigeria. This development is expected to ease fuel scarcity and potentially reduce the reliance on foreign currency for transactions. The Nigerian National Petroleum Corporation (NNPC) will initially be the sole distributor, with plans to involve other marketers in the future. The refinery's operation is seen as a significant step towards self-sufficiency in petroleum products for Nigeria and could have broader implications for the African continent.

Takeaways

  • 🚚 The Dangote Refinery in Lagos is set to lift its first consignment of petrol on September 15th, marking a significant milestone in Nigeria's oil industry.
  • 🏭 The refinery's operation is a historic moment, signifying the successful inception of the Dangote Refinery, which has been under development despite various challenges.
  • 🔑 The Nigerian National Petroleum Corporation (NNPC) is designated as the sole off-taker of the refinery's products for now, indicating a strategic role in the industry's management.
  • 🚛 Approximately 300 trucks are expected to be loaded with petrol from the refinery on this inaugural day, highlighting the scale of the operation.
  • 📈 The refinery's output is expected to alleviate fuel scarcity and potentially reduce the impact of foreign exchange (Forex) on the Nigerian economy.
  • 💡 The transaction between the Dangote Refinery and NNPC will be denominated in naira, which could strengthen the local currency and reduce reliance on foreign currency for trade.
  • 🌐 The refinery not only caters to the domestic market but also has the potential to export refined products, positioning Nigeria as a significant player in the international oil market.
  • 🛣️ Logistics and distribution are highlighted as critical factors for the success of the refinery's operations, with the current reliance on road transport posing challenges.
  • 🔍 There are concerns about the potential for a domestic monopoly by NNPC, which may affect competition and pricing in the Nigerian fuel market.
  • 🎉 The successful evacuation of petrol from the refinery is met with excitement and anticipation for the positive economic impacts it may bring.

Q & A

  • What is the significance of the first consignment of petrol being lifted from the Dango Refinery?

    -The first consignment of petrol being lifted from the Dango Refinery marks a historic moment since its inception, signifying a milestone in Nigeria's oil refining industry and potentially easing the distribution of refined products, especially petrol, to consumers.

  • When is the first consignment of petrol expected to be lifted from the Dango Refinery?

    -The first consignment of petrol is expected to be lifted on Sunday, September 15th.

  • What is the role of the Nigerian National Petroleum Corporation (NNPC) in this operation?

    -The NNPC is designated as the sole off-taker of the product from the Dango Refinery for now, meaning they will be responsible for the distribution of the refined petrol to the market.

  • How many trucks are expected to be loaded with petrol on the first day of consignment?

    -About 300 trucks are expected to be loaded with petrol from the Dango Refinery on the first day of consignment.

  • What is the expected impact of the Dango Refinery's operation on the local currency, the Naira?

    -The operation is expected to strengthen the Naira by reducing the need for foreign currency to conduct business, as transactions between the NNPC and Dango Refinery will be denominated in Naira.

  • What are the immediate benefits of the Dango Refinery's operation for the Nigerian economy?

    -The immediate benefits include a potential reduction in the scarcity of petrol, a decrease in the reliance on foreign currency, and an overall positive impact on the economy and the purchasing power of Nigerians.

  • How does the operation of the Dango Refinery address the issue of fuel scarcity in Nigeria?

    -The Dango Refinery's operation is expected to increase the supply of locally refined petrol, thereby reducing the occurrence of fuel scarcity in the country.

  • What concerns have been raised by independent marketers regarding the Dango Refinery's operation?

    -Independent marketers have expressed concerns about a potential domestic monopoly by the NNPC, as they are currently the only entity allowed to off-take products from the refinery, which could potentially limit competition.

  • What are the sustainability and logistics challenges that the Dango Refinery might face?

    -Sustainability challenges include ensuring a constant supply of crude oil for refining and maintaining the refinery's operations. Logistics challenges involve the efficient distribution of the refined products across Nigeria, which may require improvements in road and rail infrastructure.

  • Is the Dango Refinery expected to export any of its refined products?

    -Yes, the Dango Refinery is expected to export some of its refined products, such as diesel and aviation fuel, catering to both local and international markets.

  • What is the potential impact of the Dango Refinery on the international oil scene?

    -The Dango Refinery, being one of the largest in Africa, has the potential to be a game changer not only for Nigeria but also for the continent, creating a buzz in the international oil industry.

Outlines

00:00

🚚 First Petrol Consignment from Dangote Refinery

The Dangote Refinery in Lagos is set to dispatch its first consignment of petrol on September 15th. The event marks a significant milestone for the refinery, which has faced numerous challenges and delays. The refined petrol is being loaded onto trucks, with the expectation that this will help alleviate fuel scarcity and ease distribution to consumers. Approximately 300 trucks are expected to be loaded with petrol, demonstrating the refinery's capacity to refine crude oil into high-quality products. The Nigerian National Petroleum Corporation (NNPC) is set to be the sole distributor of the product for now, which has raised concerns among independent marketers who fear a domestic monopoly. The federal government's involvement is highlighted as an attempt to take charge of the industry, which is not yet fully deregulated.

05:01

🛢️ NNPC's Sole Distribution Rights and Market Concerns

The Nigerian National Petroleum Corporation (NNPC) has been designated as the sole distributor of the Dangote Refinery's petrol output, a decision that has sparked controversy. The federal government's rationale is to maintain control over the industry, which is still under their supervision. The independent marketers' association has voiced concerns over this potential monopoly, fearing it could stifle competition. However, there is an expectation that as the industry deregulates, other marketers may be allowed to distribute the refinery's products. The immediate benefit of this arrangement is that it will reduce the reliance on foreign exchange for fuel transactions, as the NNPC will purchase the petrol in naira, potentially strengthening the local currency and benefiting the Nigerian economy.

10:03

🌐 Local and International Impact of Dangote Refinery Operations

The Dangote Refinery's operations are expected to have a profound impact on both the local and international markets. The refinery's ability to supply crude to the NNPC and sell products like petrol and diesel in naira is seen as a significant step towards reducing the need for foreign currency and strengthening the naira. This move is expected to improve the economy and positively affect the purchasing power of Nigerians. The refinery is also poised to export refined products like diesel and aviation fuel, positioning Nigeria as a key player in the international oil scene. The excitement among workers and stakeholders is palpable, as they anticipate the benefits of this historic development.

15:04

🚧 Logistics and Sustainability Challenges for Dangote Refinery

As the Dangote Refinery begins its operations, the focus shifts to the challenges of logistics and sustainability. The refinery's output will initially be concentrated in Lagos, raising questions about the efficiency of distribution to other states. The current reliance on road transport for tankers highlights the need for improved infrastructure, as the rail system and pipelines are not functioning optimally. The sustainability of the refinery's operations is also a concern, with the need for a constant supply of crude oil for refining. The refinery's success will depend on addressing these logistical and supply chain issues to ensure a steady flow of products to the market.

20:05

🌟 Dangote Refinery's Potential as a Game Changer for Nigeria

The Dangote Refinery is seen as a potential game changer for Nigeria, with its impact extending beyond the country's borders. The refinery's ability to cater to both local and international markets is a significant achievement, and it is expected to set a new standard for the industry. The refinery's operations are a testament to Nigeria's potential to be self-sufficient in fuel production and to compete on the global stage. However, the refinery's success will also depend on its ability to address the challenges of logistics, pricing, and market competition. The excitement surrounding the refinery's launch is tempered by the need for careful planning and execution to ensure its long-term viability and positive impact on the Nigerian economy.

Mindmap

Keywords

💡Dangote Refinery

The Dangote Refinery is a significant oil refinery project in Nigeria, mentioned as the source of the first consignment of petrol being lifted. It represents a milestone in Nigeria's energy sector, aiming to refine crude oil into high-quality products like petrol. The script discusses the refinery's inauguration and its potential to alleviate fuel scarcity within the country.

💡First Consignment

The term 'First Consignment' refers to the initial batch of petrol being transported from the Dangote Refinery. This event is historic as it marks the refinery's operational commencement, with the script highlighting the loading of trucks as part of this consignment, symbolizing a step towards self-sufficiency in fuel production.

💡Refined Product

A 'Refined Product' in the context of the script refers to petrol that has been processed from crude oil into a usable form. The script emphasizes the historical moment of loading the first refined product from the Dangote Refinery, indicating a shift towards domestic production and potentially reducing reliance on imports.

💡NNPC

The Nigerian National Petroleum Corporation (NNPC) is a state-owned oil company that plays a regulatory and operational role in Nigeria's oil industry. The script discusses the NNPC's involvement as the sole receiver of the Dangote Refinery's output, suggesting a monopoly that could have implications for the distribution and pricing of petrol in Nigeria.

💡Fuel Scarcity

Fuel scarcity refers to a shortage of fuel, leading to long queues and potential economic disruption. The script alludes to past fuel scarcity issues in Nigeria and suggests that the Dangote Refinery's operation could be a moment of hope to alleviate such shortages by increasing the supply of petrol.

💡Petrol

Petrol, or gasoline, is a refined petroleum product used primarily as a fuel in internal combustion engines. The script focuses on the loading of petrol onto trucks from the Dangote Refinery, indicating the commencement of distribution to various parts of Nigeria to meet the demand for this essential commodity.

💡Marketers

In the script, 'marketers' likely refers to independent fuel distributors who are concerned about the NNPC's monopoly as the sole distributor of the Dangote Refinery's products. The potential exclusion of these marketers from the initial distribution process could impact competition and the diversity of supply channels for petrol in Nigeria.

💡Deregulated

The term 'deregulated' in the context of the script suggests a future state where the market for petrol is open to more competition and less government control. The expectation is that a fully deregulated market would allow other marketers to purchase directly from the refinery, potentially leading to more competitive pricing and a broader distribution network.

💡Logistics

Logistics in the script pertains to the challenges of transporting petrol from the refinery to various destinations across Nigeria. It highlights the reliance on road transportation due to suboptimal rail and pipeline systems, which can affect the efficiency and reliability of fuel distribution. Addressing these logistics issues is crucial for ensuring a steady supply of petrol to consumers.

💡International Market

The script mentions the Dangote Refinery's potential to export refined products like diesel and aviation fuel, indicating its role in the international market. This aspect positions Nigeria not only as a self-sufficient fuel producer but also as a significant player in global energy trade, which could have economic and geopolitical implications.

Highlights

The first consignment of petrol from the Dango Refinery is set to be lifted on September 15th.

This marks a historical moment for the Dango Refinery since its inception.

The refined product is being loaded onto trucks by workers at the refinery.

The refinery's capacity to refine crude at the best quality has been a subject of much anticipation.

Initial issues regarding the Nigerian National Petroleum Corporation's (NNPC) role and fuel scarcity have been addressed.

The lifting is a moment of hope to ease the distribution of refined products, especially petrol.

About 300 trucks are expected to be loaded from the refinery on this day.

An official delegation from the federal government is expected to officially flag off the lifting.

NNPC will be the sole receiver of the product from the Dango Refinery for now.

The federal government aims to take proper charge of the industry, which has not been fully deregulated.

The independent marketers have concerns about the emerging domestic monopoly by NNPC.

The transaction between Dango Refinery and NNPC will be denominated in naira, potentially strengthening the local currency.

The refinery is expected to produce 25 million liters per day, including petrol and diesel.

The refinery's operation is anticipated to reduce the need for foreign currency and improve the economy.

Workers at the refinery are excited to be part of this historic refining and distribution process.

Sustainability and constant provision of crude for refining are key to the success of this initiative.

Logistics and distribution of the product across Nigeria present significant challenges that need to be addressed.

The Dango Refinery's operation is seen as a game changer for Nigeria and the continent, with potential international market impact.

Transcripts

play00:04

the First Consignment of petrol from the

play00:06

Dango Refinery is about to be lifted

play00:09

this Sunday September 15th uh senior

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correspondent tokumbo iuni is live at

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the facilities complex at e here in

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Legos uh hello too can you give us more

play00:20

update at the event uh currently where

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you are at the refinery

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all right uh while we're waiting for

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Tokar to give a more update uh we can

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see pictures of the First Consignment of

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uh

play00:48

petrol uh been loaded onto trucks uh by

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uh workers at the

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refinery uh mind you this is the refined

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product uh it's a historical

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moment uh since the Inception of the

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Dango

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Refinery despite all the uh going on uh

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regarding when this moment will come to

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fruition and uh finally we're seeing

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that is being done at the

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moment so we can just about look at uh

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workers uh loading

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that uh

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tanker uh which will now go to other

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parts of the

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country so it's been a

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uh a long wait but uh finally we're

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having uh

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This Moment come to

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fruition and of course there's been much

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expectation regarding the dang

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refineries uh capacity uh to refine

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crude at the best

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quality uh with so much potential uh

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hinged on

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its uh

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existence and of course

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uh uh despite initial issues regarding

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the nnpc's uh role and of of course uh

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the

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marketers uh regarding the fuel scarcity

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we had for some days

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now uh this is a moment of hope that

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will

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ease the distribution of refined

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products especially

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petrol uh

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to teaming motorists and of course uh

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other consumers of

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petrol and uh we have tokumbo to give us

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more insight on this tokumbo it's good

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to have you with us so um can you update

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us on what we're seeing at the

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moment yes um what is going on right now

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is that we have the first set of um

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trucks I mean tank has to be loaded um

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uh petroleum tank has to be loaded from

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the dangote refiner and petrochemicals

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industry here at be Ley in Lagos it's a

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historic day really I mean everything

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that has been put into this investment

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in the last 5 years or so is coming to

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um a specific head today as we are going

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to be having the first set of product

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PMS coming out of uh this facility and I

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can count about 10 trucks that have just

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uh been driven into this loading uh bay

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to be loaded what the officials are

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trying to do to us now is to demonstrate

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what the process will look like before

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the first uh content the first drop of

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content will be uh dropped into the

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tankers there and they will not move

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away from here for uh onward movement to

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uh the nnpc depot where the uh product

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will be we learn that about 300 uh

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trucks we learn that about 300 trucks

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will be loaded from here today but what

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we are seeing now according to what

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officials told us is just a

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demonstration of what is going to happen

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we're still

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expecting uh an official delegation from

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the federal government to come into this

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facility today to actually officially

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flag of the lifting or what what some

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others refer to as evacuation of product

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from this uh facility n that is what is

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going on here for

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now um you know it's been earlier said

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that uh

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nmpc will be the soul

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ofer uh of the product that is uh nmpc

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will be the

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only uh you know uh receiver of this uh

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product as it were so can you can you

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give us more insight on that Anda you

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know why uh are the marketers not being

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involved in this uh uh

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scenario it's um still a bit very dice

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now about what what we know what we know

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for certainty if anything if what we're

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hearing from the federal government is

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anything to go by of course you know

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that just on Friday two days ago here

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the federal government officially stated

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that the nnp will be the only the soul

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of taker from this facility for now and

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from my interactions with some of the

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officials on ground we are still

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expecting the official delegation

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actually but I've been interacting with

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some of the officials on ground here the

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reason for that or the main reason for

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that is that the the federal government

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is actually to try you know trying to

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take proper charge of the industry

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because according to them the PMS sector

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has not been fully deregulated and it

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needs a proper handling by the

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supervising authorities I mean which is

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the federal government and which the the

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the nnp actually represents of course we

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have um parties stakeholders in the

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industry the independent marketers

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Association of Nigeria they've all been

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kicking you know against what the what

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they describe as um uh uh uh emerging uh

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uh domestic Monopoly by nnpc being the

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only of taker from this facility but

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what we are still hearing is that as

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time goes on and as things take proper

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shape other marketers who are interested

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in this can actually uh come into and

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and and begin to evacuate products from

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here deal with uh uh the dang Refinery

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uh directly uh uh uh without nnp PC

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loone just just just been but for now

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from what we have seen here all the

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trucks that have been lining up here 300

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of them according to statement from the

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nnpc will Le uh you know have been

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mobilized down here from different uh uh

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even private uh uh uh sector

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participants too that you know act to

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act to mobilize their trucks because of

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course nmpc alone cannot uh cannot

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muster enough you know enough strength

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to actually uh bring all those all those

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trucks down here so all the trucks that

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are here they all represent nnpc and

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they are going to be evacuating this

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product only for nnpc for now until

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further

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development happen but NE whatever uh

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fears whatever questions that we have

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we're going to be putting to some of the

play07:44

officials who we expect to to arrive

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here any moment from here maybe later in

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the day but what I'm what what you can

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hear now I mean I just had action from

play07:53

the man who is directing Affairs here

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meaning that the first uh uh uh uh

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what's it called called now the first uh

play08:00

drop of product is about to come out of

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uh this this pipe that you're seeing

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going into uh that that that tanker hole

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there and it's it's it's very it's a

play08:13

very significant moment for uh this

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facility and the entire

play08:16

country indeed very significant after

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all the Hues and cries we've been

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hearing uh you know we've had to uh

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towards the buildup to this moment as it

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were uh and uh of course we've had a few

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words back and forth between the nmpc uh

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the dang Refinery on matters of

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authentication and of course uh uh

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regarding the marketer's role and the

play08:44

distribution of fuel as it were so um

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this would be an initial 25 million

play08:49

liters per day tokumbo but um also um

play08:55

that's the figures of art yes yes and of

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course uh you know petrol Diesel from

play09:00

the refinery is also to be purchased in

play09:03

naira so what are the immediate benefits

play09:06

here you know perhaps the issue of uh

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dollar uh scenarios uh will be greatly

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reduced to a large extent and of course

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uh but will it have much impact on uh

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purchasing power of Nigerians regarding

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pricing of Petrol in the do domestic

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Market you think

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I mean well it's it's uh a a it's a very

play09:35

interesting question that that you've

play09:37

asked there because of course you know

play09:39

part of the issue of a very major issue

play09:41

that has been affecting the the the the

play09:43

economy has been the issue of Forex the

play09:46

scarcity of Forex which has affected

play09:49

many SE the entire economy really so

play09:52

what the stakeholders have been saying

play09:55

in excitement about what is this

play09:56

development here today is that

play10:00

dang because apart from what is going on

play10:02

here we have been told by officials by

play10:04

the federal government that by the 1st

play10:06

of October the nnp will be supplying

play10:10

crude to dangote

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Refinery selling the product in naira to

play10:17

them okay and they will now be giving

play10:21

them the equivalent of the product

play10:22

whether in PMS or diesel back to the

play10:26

nnpc and the transaction will be

play10:28

denominated in naira that means

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something very very very very

play10:33

significant near it means that the

play10:35

energy the efforts the resources wasted

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on sourcing foreign currency to actually

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do this business on a normal day will

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not be there anymore so it means somehow

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the naira our our own local currency

play10:49

will be strengthened it means the the

play10:52

the uh all the the uh trouble that a

play10:56

facility like this and even other

play10:58

organizations go through to get the

play11:01

effects to actually do the transaction

play11:04

will not be there anymore and of course

play11:06

that will mean some very very

play11:08

improvements some that have an huge

play11:11

impact on the economy and by extension

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it it should I'm not an economist but I

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know that it it should affect you and I

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positively I mean affecting our pockets

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positively indeed indeed to now I I know

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you you where you are at the moment you

play11:28

must have spoken to some of the workers

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there you know regarding this uh

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historic moment what are your what are

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their thoughts about this as well how

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are they feeling you know regarding be

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pioneers of uh refining and of course uh

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a private concern doing this you know

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for the first

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time I mean it's it's excitement all

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over if if if um my cameraman was able

play11:56

to P across to some of the uh workers

play12:00

who have been standing all around here

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by the time that first drop of uh uh a

play12:05

product uh uh dropped into that tanker

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hole the excitement all over was you

play12:11

know the excitement was all over the

play12:12

place I mean there was there was there

play12:14

was a very huge Applause from majority

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of the people around here most of them

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who are workers at this facility of

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course you know what it means for you

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they've toyed day and night we've heard

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from from from the uh uh the initiator

play12:28

of this project Al Alik the president of

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the dang group about how excited he is

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of course you see him physically how how

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he has gone gay in in in uh in the quest

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to actually get this facility on ground

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now to see that everything has come to

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uh uh fru and we are having the first

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product moving out of here today you can

play12:50

only imagine the excitement yeah indeed

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tobo and then the the issue of

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sustainability as well you know also

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comes to the it's a laudable initiative

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but uh sustaining it is another you know

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regarding the provision of crude you

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know you got to have a constant

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provision for that when you need to

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refine so

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um what are the makeup of the people

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we're expecting uh to come and Grace uh

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this occasion you think tokumbo

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I mean we we we I I learned uh uh

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officials from the N npcl are going to

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be here uh majorly of course they are

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they are the they are the uh uh

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supervisory uh um agency here which

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which is as as as well as a player in

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the a major player in the industry that

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has been a h uh Under Fire or under

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scrutiny not not let me let me not say

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fire under scrutiny from the entire

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country you know I mean the the the few

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of the officials that have spoken with

play13:57

here I mean they're not as high level as

play14:00

as to be able to actually explain things

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to us on camera but my interactions with

play14:04

them uh actually shows that they are

play14:07

they are they are very excited and when

play14:11

when we see I don't know I don't know

play14:12

the the the make of the delegation I

play14:15

don't know what what uh the the entire

play14:17

delegation will look like but I know

play14:19

like I like I've I've been able to

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gather high high ranking officials from

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the N npcl are going to lead other

play14:25

officials to uh come in here and flag

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off this evacuation of PMS from this

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facility

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the and uh you know when you look at the

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scenario now not we're seen a uh

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slightly easing of uh you know the uh

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the issue of scarcity currently

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pervading uh most of Nigeria at the

play14:47

moment uh you can only

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imagine uh the concentration on nmpc

play14:54

Outlets you know there will be uh in

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terms of um you know A reduced price

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well based on their current pricing

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which is perhaps uh still a little bit

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cheaper than what the other marketers

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are selling at the moment at I think

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around 855 or or thereabout so we we're

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likely perhaps to see now there's more

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provision of PMS at these uh NPC outlets

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on account of what we're looking at

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right now um do you see more competition

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here more choice for you know consumers

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and motorist alike and uh would it be at

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the detriment of other marketers as it

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were because those are also been some of

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the concerns raised uh you know

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regarding the takeoff of uh this uh

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loable initiative you

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think well uh to be honest with you the

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the the issue here still is still very

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very like I like I referenced earlier

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you know in this in this conversation

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the most the most important thing here

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is that nnpc is having more product in

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his own facility to distribute more to

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other

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marketers it means Nigeria is having

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more products and now locally refined

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product to actually distribute to you

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the car user to my sful drives on the on

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the on the on the Street of Lagos to the

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man who drives in Caba in karuda in

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bukum or wherever you're driving from

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okay the issue of Monopoly is still a

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very very huge one that I told you

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earlier the players in the industry

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especially the the independent marketers

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Association of Nigeria are actually

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kicking you know about but officials

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have said as time goes on probably when

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this sector is fully

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deregulated what is being regarded as

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Monopoly may be addressed one very

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critical issue that that we need to

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actually uh look at as this is happening

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here is that of logistics you see this

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this this tankers here uh ni they're

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moving out of this place to wherever

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I've been I've been told that for now

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the nnpc will be concentrating majorly

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on Lagos supplying you know this product

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from here on Lagos supplying them to

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States like OU

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oo o and you know other other Southern

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States how much of logistics do we have

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in place to actually make this very

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smooth

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except through through uh these tankers

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through Road the rail system is not that

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functioning at optimal level as to make

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it as to make it an option the pipeline

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or the pipelines are not equally I mean

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the ones that are available I was I was

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interacting with an NP nnpc official who

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actually told me that uh uh from Atlas

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Cove in Lagos here to actually send

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product down to aigo which is about 50

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or 60 kilm uh uh uh distance is a very

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big issue so that is a very a very very

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very uh uh huge point in the industry

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that needs to be tackled because I was

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told that if you send a certain amount

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of product from that Atlas Cove down to

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a you're you're not likely to get more

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than 50% of what you have

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sent so for now the the the the only

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option that is that we are reduced to is

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for these tankers to actually distribute

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this products

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across the state across the zone and

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across Nigeria what is the stat of the

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road

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infrastructure so that is an issue that

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those who are involved here we have to

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actually we have to actually look uh

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into and address very critically but for

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now n let us all just enjoy the moments

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that Dango there are issues there are I

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mean there are critical questions to be

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raised eventually when we we're able to

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meet with the officials to they need to

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explain things to us the ISS you know

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the issue of price pricing the issue of

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Monopoly that that that you have raised

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and this issue of logistics distribution

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of this prod we need to raise those

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those issues with them but the

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excitement here for now is

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that PMS petrol or fuel or what however

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you want to uh to to refer to it is been

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T is been evacuated from this facility

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the 20 billion facility dangote refiner

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in beilei onto uh uh been been uptaken

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by the nnpc for onward distribution to

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the entire nation through uh uh other

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marketers so that is where we are for

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now the excitement is in the air and

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everybody is uh expecting what what is

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the

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next to be done yes uh and indeed uh

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tokumbo you're absolutely right on the

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issue of logistics uh there has to be

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some kind of mechanism to ensure that

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those trucks uh being loaded are

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actually you know gets in to where they

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need them the most where they need to be

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you know and uh it'll be more

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interesting by the time this uh project

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you know gets along over the days uh as

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it were and uh more distributions are

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being made but it has to be a seamless

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you know transfer of products from the

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refinery down to uh their intended

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destinations without any hitches or

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whatsoever you know in other climbs

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there's a way you can actually track

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these vehicles uh when they take these

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products you know get them from where

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they are getting them right now and down

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to uh where they're supposed to be so I

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don't think it's much of a rocket

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science when it comes to tracking and

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getting them you know uh aligned to uh

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to their intended destinations and

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another thing tokumbo um I think the

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Dango Refinery is also uh exporting some

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of the refined uh products like like

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diesel uh you know and I think aviation

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fuel or thereabout so in a way it's a

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win-win for uh the the company uh

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catering for the local market and of

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course the

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international uh uh Market as

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well I like your thoughts on

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that I mean sure you it's it's it's a

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very huge point there are issues there

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are issues just like with any other

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good thing that has been done anywhere

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else in the world there will always be

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issues what can you learn from the

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issues I mean started which is what we

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now have it's been started product is

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about now being evacuated from

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here what is going to be the next step I

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said it just moment ago to you that

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after after now what is next

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sustainability how do we sustain this

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how do we improve on what we have

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already and how do we make it if if

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there is any any short shortage or any

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shortfall that we see anywhere how do we

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there's any Gap how do we breach that

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Gap so that it do it doesn't just look

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like we have we have a a Nigerian

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standard there is an international

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standard and are we living up to that

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that is I what I think everybody

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involved here including the dangote

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refiner the nnp the federal government

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itself I mean the father of all all

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everybody and even other other

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stakeholders including the independent

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Market looking at I'm so sorry to

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interject but can you get a few uh

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comments from some of the officials were

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looking at uh they look like the

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officials from exactly what what what

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what what yeah hopefully try we're

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trying to uh get the the MD of uh this

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this facility to actually talk to us on

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on his excitement and and uh uh uh some

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of the issues as these operations here

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begin today so we still trying to put

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one or two things together we we do that

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as soon as it's a uh it's convenient for

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us to actually get him to to talk to us

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uh near yeah and we were talking about

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the win-win situation having flexibility

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in terms of the local market and the

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international market and it's been even

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touted as a game changer for Nigeria not

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only on the country but uh uh the on the

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continent as well that it's one of the

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biggest uh in terms of uh its uh entry

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and the projections regarding the

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potential for this Refinery you know has

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been um you know it's creating a little

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bit of Buzz uh when it comes to the uh

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International oil scene as well took a b

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