Aliko Dangote, President of the Dangote Group, has unveiled the first sample of Premium Motor Spirit (petrol) produced at his refinery. The announcement was made on Tuesday during a broadcast from the refinery located in the Ibeju-Lekki area of Lagos State.

The refinery, with a capacity of 650,000 barrels per day, successfully conducted a test run of the product.

In his speech, Dangote expressed his appreciation to the people of Nigeria and praised President Bola Tinubu's administration for providing a platform for growth and development. He also commended the introduction of the "Naira for Crude" initiative, which he believes will contribute to the stability of the Naira.

"As this refinery becomes operational, it will provide a clear picture of Nigeria's actual consumption, allowing us to track every truck and ship loaded with fuel," Dangote said.

He further emphasized that the refinery's production will meet the fuel needs of not only Nigeria but also sub-Saharan Africa.