Business
Dangote Refinery Road: To Be Named After President Tinubu
Aliko Dangote, Chairman of the Dangote Group, is set to name the road to his refinery after president Bola Ahmed Tinubu in recognition of the president’s contributions towards the realization and coming to fruition of one of Africa’s biggest and largest refinery.
Cablenews24 reports that Dangote hailed Tinubu for his unwavering support of the private sector and credited him as the visionary behind the Free Trade Zone during his tenure as Governor of Lagos State.
Dangote hailed Tinubu for his unwavering support of the private sector and credited him as the visionary behind the Free Trade Zone during his tenure as Governor of Lagos State.
The announcement was made on Thursday during President Tinubu’s tour of the Dangote Petroleum Refinery and Petrochemicals, which coincided with the official commissioning of the Deep Sea Port Access Road. This strategic road links the Lekki Deep Sea Port, the Free Trade Zone, and the Dangote Refinery to the Sagamu–Benin Expressway via Ijebu Ode.
“The Dangote refinery complex is, in many ways, your brainchild,” Dangote told the President. “Mr President, let me just say one thing — the main road leading into our refinery is now to be known as Bola Ahmed Tinubu Road.”
Following the announcement, President Tinubu rose to shake hands with Dangote in a moment that drew applause from the dignitaries in attendance.
Dangote also revealed that, despite paying N450 billion in taxes last year, the Group is committed to spending N900 billion on road infrastructure across Nigeria. The Deep Sea Port Access Road, he said, is one of several roads built and being developed by the Dangote Group under the Federal Government’s tax credit scheme.
The Dangote Group is currently the highest tax-paying company in Nigeria, contributing more in taxes than all the country’s banks combined.
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