President Muhammadu Buhari has inaugurated Dangote Petroleum Refinery in Ibeju-Lekki, Lagos, the largest petrochemical company in the world.
The company is expected to make Nigeria self-sufficient in refined petroleum products and have surplus for export.
Speaking at the occasion on Monday, the president described the feat as a significant milestone for Nigeria’s economy and a game changer for the downstream petroleum products market in Africa.
The News Agency of Nigeria (NAN) reports that the event was attended by Heads of State of Ghana, Togo, Niger and Senegal and a representative of the President of Chad.
Buhari said: ‘‘This mega industry we are commissioning today is a clear example of what can be achieved when entrepreneurs are encouraged and supported and when an enabling environment is created for investments and for businesses to thrive.
‘‘I am confident that my successor, His Excellency Asiwaju Bola Ahmed Tinubu, will sustain the improvement in our economic and business environment and strengthen the framework of our public private partnership policies to accelerate the pace of our economic growth and development.
‘‘I am happy to leave our economy in very competent hands.’’
