Nigeria: Ashon Congratulates Dangote On Commencement of Operation of Refinery

16 September 2024

Association of Securities Dealing Houses of Nigeria (ASHON), has congratulated the Founder and Chief Executive Officer of Dangote Group, Aliko Dangote, on the commencement of operation of Dangote Refinery.

Dangote Refinery with capacity of 650 barrel per day (bpd), the largest in Africa, has commenced operation.

In a letter, signed by ASHON's Chairman and Executive Secretary, Sam Onukwue and Athan Ogbozor respectively, the professional body, described the refinery's commencement of operation as a new dawn for the Nigerian economy.

" It is indeed a new dawn for the energy sector and the entire Nigerian economy to have achieved this feat. Your commitment, faith in the Nigerian economy and tenacity in the face of several obstacles is an inspiration and legendary in the annals of African history. You remain an inspiration as you have clearly demonstrated that in all key sectors of our economy and beyond that Nigeria nay Africa can only be developed by Africans.

"We pray the government and indeed the good people of Nigeria will continue to appreciate and honour you for the great feat you have achieved for the economies of our continent. You have single handedly saved our country from the shackles of ravaging external economic forces that put prey on our foreign reserves as well as the monster of oil subsidies.

"We rejoice with you and the good people of Nigeria while we pray that God will grant you long life in good health to enjoy the fruits of your uncommon vision for Nigeria. Congratulations once again, and thank you for your vision and tenacity in rendering this selfless service to our fatherland," the letter read.

Dangote Refinery, is expected to have significant impact on job creation, increased government revenue, and enhanced energy security. It will also have a positive impact on the stock market, as it will attract foreign investment and boost investor confidence in the Nigerian economy.

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.