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Home Economy

Femi Otedola hails Tinubu’s vision during historic Dangote refinery visit

Peculiar Adirika by Peculiar Adirika
June 6, 2025
in Economy
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Femi Otedola hails Tinubu
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Business mogul Femi Otedola hails President Tinubu’s vision during a visit to the $20 billion Dangote Refinery, calling it a turning point in Nigeria’s economic transformation

[dropcap]F[/dropcap]emi Otedola hails Tinubu following a landmark visit to the Dangote Refinery and Petrochemical Plant, describing the moment as “history in the making” and a powerful symbol of Nigeria’s rise as an economic force.

Also read: Femi Otedola’s leadership shakes First Bank: Folake Ani-Mumuney asked to resign

Otedola, Chairman of Geregu Power PLC and FirstHoldCo PLC, accompanied President Bola Ahmed Tinubu to the $20 billion refinery site, widely regarded as the world’s largest single-train refinery and a feat of modern engineering by Africa’s richest man, Aliko Dangote.

The visit also included the commissioning of several newly completed road infrastructure projects, further underscoring the federal government’s ongoing investment in economic development and logistics.

Reflecting on the event, Otedola recalled Tinubu’s longstanding commitment to industrial growth in the region.

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Nigeria is rising, and those of us who believe in her will continue to support the bold reforms that will make her the greatest transformation story of the 21st century.

“Over two decades ago, as Governor of Lagos State, President Tinubu envisioned an economic powerhouse on the Atlantic coast — what we now know as the Lekki Free Trade Zone,” he said. “Today, that vision stands tall in steel, concrete, and ambition.”

Quoting American author Rosalynn Carter, Otedola added, “A great leader takes people where they don’t necessarily want to go, but ought to be. That is the essence of President Tinubu.”

Also read: Dangote praises Tinubu’s NNPC leadership, clarifies refinery fight against major marketers

The Dangote Refinery, located in Lagos’ Lekki axis, is expected to significantly reduce Nigeria’s dependence on imported petroleum products, while creating thousands of jobs and stabilising energy prices in the region.

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Peculiar Adirika
Peculiar Adirika

Peculiar Adirika is a journalist and contributor to Freelanews.com, covering news, business, and public affairs.

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