Otedola lauds Dangote for ‘death blow’ to fuel cabals

• Otedola noted that this development signals the end of an era for the local oil cabals who have profited from Nigeria’s reliance on imported fuel.
• Otedola concluded his message by expressing deep admiration for Dangote, calling the refinery’s success a victory for not just Dangote but all Nigerians.

Femi Otedola, a billionaire entrepreneur, has extended warm congratulations to his close associate and fellow businessman Aliko Dangote on the successful completion of his $20 billion refinery project in Lagos.

According to Otedola, the commencement of fuel production by the Dangote Refinery marks a significant milestone, as Nigeria is now self-sufficient in meeting its fuel demands and no longer reliant on international imports.

“You have not just built a refinery; you have liberated us from the chains of economic dependence that have held this nation back for far too long.

The days of bowing to foreign powers for our fuel needs are over, thanks to your vision and determination,” Otedola wrote in a social media post on Tuesday.

Otedola said with the 650,000 barrels per day facility fully producing aviation fuel, diesel, and petrol, Dangote has dealt a death blow to local cabals.

“You have dealt a death blow to the so-called local cabals who have fattened themselves for years, feeding off our nation’s economic slavery.

“These cabals, who have grown rich by keeping Nigeria in a perpetual state of dependence, must now face the reality that their era of easy gains is coming to an end.”

“I am reminded of the time you revolutionized the cement industry in Nigeria. Ships that once brought in cement turned into rusting relics, scraps of a bygone era.

“Now, with your refinery in full swing, I foresee a similar fate for fuel imports. The depot owners should take heed—it’s time to dismantle those depots and sell them as scraps while the market is still high. The world has changed, and those who do not adapt will be left behind.

“Aliko, you have my deepest admiration and respect. Congratulations to you and the entire board, management and staff of Dangote Refinery on this monumental achievement. This is not just a victory for you but for every Nigerian who dares to dream. May this be just the beginning of even greater things to come,” he said.