Dangote Petrol will stabilize Naira against dollar – Aliko

Dangote Petrol will stabilize Naira against dollar – Aliko …C0NTINUE READING HERE >>>

Aliko Dangote, the President of Dangote Group has reiterated that his $20 billion Lagos-based refinery will stabilize the Naira against the dollar at the foreign exchange market.

The African richest man disclosed this in a 25-minute interview with Bloomberg Television on Monday.

He noted that petroleum products imports consume about 40 percent of Nigeria’s foreign exchange.

According to him, the kick-off of Dangote Refinery petrol distribution on September 15, 2024, will reduce the…

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