National Assembly vows to enact legislation to protect Dangote Refinery

Senate president and chairman of the National Assembly, Godswill AkpabioHe described the 650,000bpd Refinery as the 9th wonder of the world even as he lampooned those who are skeptical of the completion of the refinery, saying they are dream killers.

He noted that ordinary residence of Nigeria’s Vice-President could not be completed until after 14 years. “We came to see the refinery because we in the current Senate believe in the Nigerian dream. We didn’t come as a doubting Thomas but we came because we believe the project, we came to rekindle the hope of Nigerians and the Nigerian’s can do spirit.”

Describing the refinery as quite unbelievable, Akpabio who was accompanied on the tour by the Deputy Senate President Barau Jibrin and Senate Leader Opeyemi Bamidele among others, said the Senate and the entire National Assembly would come up with a robust legislation that would protect the project and others like it.

In his remarks, Governor of Lagos State, Babajide Sanwo-Olu, said that it is a privilege that the refinery happened in “our time, our state and our country. People talk about dreams, but only few can make it happen.“I am happy the senate came to see for themselves; Dangote was not ready to rest after successfully building the largest cement factory chain in Africa, second largest sugar refinery in the world.

“The Refinery apart from adding value to our crude oil, will yield 900,000 KTPA of Polypropylene and 36,000 KTPA of Sulphur and carbon black as by products.“The refinery will help boost Nigeria’s economic growth, with the creation of thousands of direct and indirect jobs. During the construction stage, it supported over 150,000 jobs, made up of mostly Nigerians.

“We have remained one of the biggest contributors to government coffers as our three subsidiaries, Dangote Cement, Dangote Sugar Refinery and NASCON Allied Industries paid a total of N788.98 billion as tax and N276 billion in VAT in three years.

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