Home / Photo News / Breaking: Minister tours Dangote refinery, Lekki, seeks early completion
Dan K1
L-R: Femi Otedola, Honourable Minister of State for Petroleum Resources, Dr. Ibe Kachikwu; President/CE, Dangote Industrie Limited, Aliko Dangote; and Group Executive Director, Strategy, Capital Projects & Portfolio Development, Dangote Industries Limited, Devakumar Edwin, during the Minister of State for Petroleum Resources working visit to Dangote Oil Refinery, Petrochemical and Fertilizer Projects in Lekki, Lagos on Monday, July 31, 2017.

Breaking: Minister tours Dangote refinery, Lekki, seeks early completion

Barely 24 hours after he hinted the desire of the federal government to quit further oil exploration and; three day he signaled plans to sell off two ‘commercially unviable’ refineries, the Minister of State for Petroleum, Dr. Ibe Kachukwu, on Monday paid a working visit to the premises of emerging Dangote Refinery, Lekki, in Lagos.

Dan K2Key plea to the investor, and President of Dangote Group, Alhaji Aliko Dangote, by the Minister was to try as much as he can to deliver the refinery on or before December 31st, 2019.

It was not clear why the minister made the call, but analysts say the timely delivery will help the APC lead government to use it as a point of conviction during presidential campaign.

They also argued that the feat will reduce the heat and pressure on forex in ongoing importation of refined petroleum products.

However, the minister failed to reiterate what he had said earlier concerning revoking licences given to contending investors in oil refinery during the last administration; the same time Dangote got his own.

Dan K3

Work in progress. Presence of flood lights shows that work is going on day and night to meet delivery time and target.



Minister and his entourage arriving Dangote Refinery, Lekki to the waiting hands of Aliko Dangote and engineers working day and night on site, today, Tuesday, August 1, 2017.

Business Hilights recalls that the Minister had two months ago warned licencees to either begin to build or wait and see their licences revoked very soon.


More details later…

Advert Space

About Business Hilights

Business Hilights is an online news channel conceptualized and structured to report and track on a daily basis; latest developments in critical business sectors to serve as a one stop news gateway for governments, foreign and indigenous investors.

Leave a Reply


Check Also

NPA Hadiza BU

Revive your capabilities to be relevant in politics, business, NPA tells women

The Managing Director of Nigerian Ports ...