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Barring any unforeseen challenge between now and next year, Dangote Group’s 650,000 barrels per day capacity refinery currently under construction in Lagos would begin operations before the end of 2018.
Executive Director, Stakeholders’ Relations/Corporate Communications, Alhaji Ahmed Mansur, announced this during a media parley in Abuja.
Believing that the refinery would reduce massive fuel importation, he disclosed that the refinery’s daily production capacity would be 150 per cent of the current total demand of petroleum products in the country.
Mansur added that after saturating the Nigerian market, the excess would be exported to other countries.
It would be recalled that a 1.3 million metric tonnes per annum petrochemical plant was also under construction at the refinery site in Lekki area of Lagos.
Coming with the refinery is also a fertiliser company with capacity to produce 2.8 million metric tonnes of assorted fertilisers was also being added to help the country to achieve food security.
Mansur disclosed that the company had also diversified into gas business as it had started constructing a gas pipeline from the South East to Lagos.
The gas plant, when completed, would have the capacity to produce three million standard cubic metres of gas per annum.
He assured that the project would help the country to record appreciable improvement in power and manufacturing sectors.
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