THE GOVERNOR OF THE CENTRAL BANK OF NIGERIA GODWIN EMEFIELE, DISCLOSED ON MONDAY DURING THE CEREMONY TO INAUGURATE THE DANGOTE PETROLEUM REFINERY AND PETROCHEMICAL FACILITY IN IBEJU-LEKKI, LAGOS THAT THE FEDERAL GOVERNMENT MAY SAVE ABOUT NGN35TN IN FISCAL EXPENDITURE WITHIN THE NEXT FIVE YEARS WITH THE COMMENCEMENT OF OPERATIONS AT THE DANGOTE REFINERY AND PETROCHEMICALS. PRESIDENT MUHAMMADU BUHARI WHO INAUGURATED THE REFINERY WHICH IS CURRENTLY THE WORLD’S LARGEST SINGLE-TRAIN PETROLEUM REFINER, NOTED THAT HIS REGIME HAD BEEN DELIBERATE ABOUT ENSURING PUBLIC-PRIVATE PARTNERSHIPS DESCRIBING THE REFINERY AS A MILESTONE FOR THE NIGERIAN ECONOMY AND A GAME-CHANGER FOR THE DOWNSTREAM PETROLEUM MARKET IN THE AFRICAN CONTINENT.
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