HomeBusinessDangote Refinery: New King for Naija Oil Game

Dangote Refinery: New King for Naija Oil Game

Omo, make we gist about this Dangote refinery wey don turn our oil wahala upside down! E be like say Aliko no fit rest until e make Naija the oil boss for Africa.

This refinery wey dey on top for Lagos happen to be the biggest for global level, fit handle crude oil like say na small pikin matter. The price wey Dangote drop for oil matter no be joke, from 1,500 naira we don dey see am for around 1,000 naira. Wetin this man dey do be like magic, or na wetin we go call am?

Before, na only crude we dey export, but now, Dangote refinery don set show wey go fit supply Naija fuel needs with just 60% of wetin e dey produce. But no be only good talk, e also dey bring plenty wahala join am. As e dey transform economy, the environmental issues wey dey come dey make residents for Ibeju-Lekki dey vex.

Chai! According to locals, dem dey complain say dem no see enough good jobs; wetin dem dey see na underemployment. Youths wey suppose do better things dey end up dey do small work like guard or gardener. Ogunbanwo, one of the youth leaders, don talk say instead of jobs, na bread dem dey share, like say dem dey do Christmas party!

Plus, the refinery dey bring serious accident wahala on top our roads. Omo, I no go lie, the tankers wey dey bring fuel dey cause gbege everywhere! E don become norm to see accidents because of tired drivers. Eleko bridge don turn hazard zone, gas tanker wey dey burn na just one of the many stories wey dey show how this whole thing dey affect local people.

But no be only wahala we go see; the refinery dey also create job opportunities – we hear say e don send 900 young engineers, make dem go train abroad. But how many of dem come from the same Ibeju-Lekki wey dem dey promise jobs? The condition wey dem dey train local staff no too sweet ehn!

Despite all dis wahala, some people dey see the refinery as the light at the end of the tunnel. Oladehinde, wey dey front for BusinessDay, don talk say this refinery go help reduce inflation and improve local businesses. We sabi say energy power be one big problem, and dis refinery get 400 MW power plant wey fit boost electricity matter. Na good news be dat!

But, o mo, we still need dey talk about the big issues too. If everybody dey focus on fossil fuels like this, how Naija go meet the climate change goal wey we don set? Na $20 billion project wey dey risk dem investment if the world turn side on fossil fuels. Some people don dey wonder how we go strike balance between oil wealth and sustainable future!

As Dangote dey push this refinery to become larger wey go fine-tune Naija position for global oil, the country dey face tough road ahead. We don see better signs, but no be small matter to joggle our dependence on just oil alone. E dey clear say Naija need diversify if we no wan continue dey gamble with future wey dey uncertain.


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