Dangote pipeline to reduce fuel prices
Dangote Industries launched its regional pipeline and tank farm at farm 58 at Walvis Bay on Wednesday. The pipeline will be 1 700 kilometres long and will connect several African countries. Speaking during the launch, chief executive Aliko Dangote said the proposed pipeline will reduce shipping cost of fuel to Namibia. “The investment we are putting in is US$2.6 billion (about N$41 billion) and will eventually reduce the cost of fuel in Namibia,” said Dangote. The regional pipeline will be used to transport refined fuel from Nigeria through Namibia to South Africa. Other countries included in the pipeline are Botswana,