Dangote promises to end fuel importation in Nigeria

President of Dangote Group, Aliko Dangote has promised that in four years, his proposed refinery will end fuel importation in Nigeria.
“We hope to start something by end of the year. We have put down 50 percent of the money. We have secured $4.25 billion from two foreign banks and the rest from local banks,” Dangote said.
“In the north east and also parts of north west, we would be creating about 120,000 jobs, which has never happened in the history of Nigeria. This is what we intend to do in sugar alone. We thank government for bringing up this new sugar policy,” he said.
According to reports, Dangote’s proposed refinery is expected to produce 400,000 barrels per day and will be located in Ondo State.