By Peter Omopo
Lagos, July 2, 2025 — The Lagos chapter of the National Youth Council of Nigeria (NYCN) has lauded the Dangote Refinery as a cornerstone of Nigeria’s industrial and economic future, describing the project as a “pivotal milestone” in the nation’s development trajectory.
In a statement issued on Tuesday and signed by its Chairman, Ibrahim Adigun, the youth body also praised the Bola Tinubu administration for implementing policies that have fostered industrial growth and enabled private sector success stories like the refinery.
Adigun noted that the NYCN’s Directorate of Petroleum and Solid Minerals, led by Sheriff Lamidi, had recently conducted an appraisal of Nigeria’s economic performance under Tinubu. The review highlighted the Dangote Refinery as a major factor in strengthening local refining capacity, reducing reliance on imported fuels, creating jobs, and boosting foreign exchange reserves.
“The Dangote Refinery represents a turning point in Nigeria’s industrial development. It is a clear example of how private sector innovation can thrive under the right government policies,” the statement read.
The NYCN also commended Tinubu’s economic reforms, including the removal of fuel subsidies and unification of the foreign exchange market, noting that these measures have created a more business-friendly environment and stimulated investor confidence.
In terms of job creation and skills development, the council noted that the refinery had created thousands of direct and indirect employment opportunities and provided training for Nigerian professionals in advanced oil and gas operations, aligning with national youth empowerment goals.
The NYCN further applauded the refinery’s adherence to environmental standards and its investment in host communities, describing its social responsibility efforts as in line with the United Nations Sustainable Development Goals.
“President Tinubu’s administration is laying a foundation for long-term economic growth by supporting projects that build local capacity and reduce dependence on imports,” the group added.
Calling on other private sector players to emulate the Dangote Group, the council emphasized the importance of synergy between visionary governance and industrial innovation to unlock Nigeria’s full economic potential.
“We must continue building synergy between visionary governance and industrial innovation. That is how Nigeria can truly unlock its economic potential.”
The youth council reaffirmed its commitment to advancing youth participation in nation-building and pledged continued support for initiatives that promote sustainable development and economic resilience.
