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Africa

Africa Losing $90bn Annually to Imported Substandard Fuel – Dangote

eriinfo.com1 month ago014 mins

The President/Chief Executive, Dangote Industries Limited, Aliko Dangote, has stated that Africa loses $90 billion annually to importation of substandard petrol fuel due to lack of refineries in the continent. Speaking during the ongoing West African Refined Fuel Conference held in Abuja, Dangote revealed that, due to the continent’s limited domestic refining capacity, Africa imports…

Africa

Africa Has Become Dumping Ground for Substandard Petroleum Products – Dangote

eriinfo.com1 month ago04 mins

Africa’s heavy dependence on fuel imports has turned the continent into a dumping ground for substandard petroleum products, Aliko Dangote, has said. The president of Dangote Industries Limited and Africa’s richest man made the remarks during an interview with journalists, where he highlighted the motivation behind building the $19 billion Dangote Refinery. He called for…