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Dangote Receives Otedola, First HoldCo Executives At Lagos Refinery

Ayobami Owolabi by Ayobami Owolabi
2 minutes ago
in Business
Reading Time: 2 mins read
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Dangote Receives Otedola, First HoldCo Executives At Lagos Refinery
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President and Chief Executive of Dangote Industries Limited, Aliko Dangote, on Wednesday received the Chairman of First HoldCo Plc, Femi Otedola, alongside senior executives of the group at the Dangote Petroleum Refinery & Petrochemicals in Lagos.

In a statement posted on its verified X account, the company said the visit underscored increasing collaboration between major players in Africa’s industrial and financial sectors.

The statement read, “More than a visit, the engagement reflects the growing alignment between Africa’s industrial and financial leadership around a shared belief that the continent’s future must be built on production, infrastructure, energy security, and long-term investment in African capacity.”

It further noted that the meeting reflected a shared vision among African business leaders to deepen industrialisation, expand production capacity, and promote self-reliance across the continent.

Describing the Dangote Petroleum Refinery & Petrochemicals project as a landmark development, the company said it represents one of the largest industrial investments in Africa.

“As one of the largest industrial projects on the continent, the Dangote Petroleum Refinery & Petrochemicals stands as a symbol of what is possible when ambition is matched with execution at scale,” the statement added.

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It also said the facility continues to draw attention from investors and institutions focused on strengthening industrial growth and economic transformation within Africa.

“It continues to attract strategic interest from institutions and business leaders committed to strengthening regional self-sufficiency, driving industrial growth and reshaping Africa’s economic future from within,” the company said.

Tags: DangoteFemi OtedolaFirstHoldCo
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