Investment Times

Aliko Dangote, Africa’s richest man, says that diesel produced by his massive refinery is the best that’s sold in Nigeria, even as lawmakers consider a probe into the quality of fuel in the country. Tests conducted in his 650,000 barrel-a-day refinery lab showed that it produced diesel with 87 parts per million of sulfur, while two imported varieties had tested in excess of 1,800 ppm, Dangote said in a rare briefing Saturday. The company targets 10 ppm of sulfur by the end of the month, he said, adding that the facility produces the “best diesel in Nigeria.” Dangote spoke after...