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‘Dangote Refinery Project Not Part Of Buhari’s Visit To Lagos’

Olushola Bello by Olushola Bello
3 years ago
in Business
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Dangote Industries Limited said, Dangote Refinery project is not part of President Mohammadu Buhari’s Programmed visit to Lagos State.

The group, in a statement to LEADERSHIP signed by group chief, branding & communications officer, Dangote Industries, Anthony Chiejina said: “its attention has been drawn to some misleading reports regarding the commissioning of our Dangote Refinery during the present working visit of President Muhammadu Buhari to Lagos State.

“We want to state categorically that our 650,000 barrels per day (bpd) Refinery project was never part of the President’s programme on projects to be commissioned.”

It pointed out that, “for the record, the projects slated for commissioning in Lagos State by President Muhammadu Buhari include: Lekki Deep Sea Port; 32-Metric Tonnes Lagos Rice Mill, Imota; 18.75km Eleko to Epe T Junction Express road; John Randle Centre for Yoruba Culture and History, Onikan, Blue Line Rail (Phase 1) commissioning (Marina to Mile 2); Groundbreaking for the Blue Line Rail Phase 2 (Mile 2 to Okokomaiko), and MRS Lubricant, a private project in Apapa.”

It further said: “our refinery will be commissioned before President Muhammadu Buhari formally leaves office in May, 2023, and the public will be duly informed and invited to the epic event.”

Dangote Oil Refinery is a 650,000 barrels per day (BPD) integrated refinery project under construction in the Lekki Free Zone near Lagos, Nigeria. 

ed to be Africa’s biggest oil refinery and the world’s biggest single-train facility.

The Pipeline Infrastructure at the Dangote Petroleum Refinery is the largest anywhere in the world, with 1,100 kilometers to handle three billion Standard Cubic Foot of gas per day. The Refinery alone has a 435MW Power Plant that is able to meet the total power requirement of Ibadan DisCo.

The Refinery will meet 100 per cent of the Nigerian requirement of all refined products and also have a surplus of each of these products for export. 

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Dangote Petroleum Refinery is a multi-billion dollar project that will create a market for $21 billion per annum of Nigerian Crude. It is designed to process Nigerian crude with the ability to also process other crudes.

 

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Olushola Bello

Olushola Bello

Olushola Bello is a Senior Journalist at Leadership Newspaper, reporting on Nigeria's capital market, industry sectors, and broader economic issues. She is known for high-impact stories and in-depth analysis on business developments and financial markets, underpinned by strong editorial judgement and a commitment to accuracy and fairness.

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