The President of Dangote Group, Aliko Dangote, has said the Premium Motor Spirit popularly known as petrol being processed in his refinery would eliminate fuel queues being experienced across the country.
He also explained that the product would stabilise naira and improve the health of Nigerians.
Dangote made this known while addressing journalists at his refinery located in the Ibeju-Lekki area of Lagos State on Tuesday.
On why the first sample of the petrol from his refinery appeared clearer than the petrol currently in circulation, he highlighted that the clearer petrol is more environmentally friendly and could help reduce health issues associated with polluted petroleum products.
He noted that this new petrol would also protect engines from damage caused by the unclear petrol that is typically found in the market.
Dangote said, “This is the sample of the petrol. You see it as a different colour but that is the real deal. You are now going to have a good and real product.”
“I must congratulate the people of Nigeria and the government of President Bola Ahmed Tinubu for giving us all the support to be where we are today. In the last 28 years, we have not had this sought of achievement but you can see that there are some videos of 1974 which we had fuel queues and those fuel queues are still here. This (Dangote petrol) will eliminate all fuel queues in Nigeria, this will improve the health of everybody, it will also make sure that there is consistent supply to the market, it will also bring the real demand of PMS, no paper transaction, it will also help in correcting this distortion of Naira, it will bring stability to the Naira, bring growth, development and prosperity.
“So, we want to thank Nigerians for being behind us to be where we are today for this is a very very historic moment,” he added.
Also speaking of the colour of the diesel, he said, “I am sure Nigerians have not seen this colour of diesel before,” Dangote stated, adding, “This is called Euro-5 diesel. It contains less than 10 parts per million (PPM) of sulfur. This will help vehicles, engines, and generators last longer.”
He further emphasised, “The health of the people and the environment will not be compromised. This is the real deal.”
