Nigerian buisiness mogul Femi Otedola Visited Dangote refinery that is nearly completed. integrated refinery and petrochemical complex in the Lekki Free Zone near Lagos, Nigeria. The refinery is expected to be the world’s biggest single-train facility, upon commissioning in 2021.
Estimated to cost $18bn, the refinery will produce Euro-V quality gasoline and diesel, as well as jet fuel and polypropylene. The project is expected to generate 4,000 direct and 145,000 indirect jobs.
Nigeria is estimated to hold approximately 37 billion barrels of proven oil reserves, the second-largest reserves in Africa. However, the country imports the majority of its refined products due to lack of domestic refining capacity. Otedola made this known through his twitter page thus @AlikoDangote 8th wonder in the world – second largest fertilizer plant (ready for commissioning) and the biggest oil refinery (75% completed, with the petrochemical unit 60% completed). I’m still in AWE having not been in Lagos for 5 months. 🏗 … F.Ote💲 https://t.co/8bXDy1qXr7
This was followed by reactions from Nigerians who gladly replied the post.