Nigeria: Otedola Projects Stronger Naira As Dangote Refinery Hits Full Capacity

Mr Otedola also discloses that the Dangote Group has embarked on an additional $12 billion expansion project.

Femi Otedola, chairperson of First HoldCo Plc, has expressed optimism that the naira could strengthen significantly following the Dangote Petroleum Refinery’s announcement that it has reached its full operational capacity of 650,000 barrels per day (bpd).

In a statement on Thursday via his official X page, Mr Otedola congratulated the President and Chief Executive of Dangote Group, Aliko…