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The Dangote Refinery, owned by Aliko Dangote, was inaugurated on May 22, 2023, in Lekki, Nigeria. It is the largest single-train refinery in the world, with a capacity to process approximately 650,000 barrels per day of crude oil. This project required an investment of over $19 billion.
Spanning across a vast area of 6,180 acres (2,500 hectares) within the Lekki Free Trade Zone in Lagos State, the refinery benefits from the largest sub-sea pipeline infrastructure worldwide, stretching 1,100 kilometers. Once fully operational, the refinery is projected to provide 135,000 permanent jobs in the region.
The refinery is situated on a 6,180 acres (2,500 hectares) site at the Lekki Free Trade Zone, Lekki, Lagos State. It is supplied with crude oil by the largest sub-sea pipeline infrastructure of the world (1,100 km long). When fully operational it will provide 135,000 permanent jobs in the region.
The refinery is expected to produce 500,000 barrels per day of gasoline, 275,000 barrels per day of diesel, 150,000 barrels per day of kerosene, and 75,000 barrels per day of polypropylene. It will also produce 1.5 million tonnes per annum of fertilizer.
The completion of the Dangote Refinery is a major milestone for Nigeria, as it will help to reduce the country’s dependence on imported refined products and boost its economy. The refinery is also expected to create jobs and improve the standard of living for Nigerians.
Here are some of the benefits of the Dangote Refinery:
- It will help to reduce Nigeria’s dependence on imported refined products.
- It will boost Nigeria’s economy by creating jobs and generating revenue.
- It will improve the standard of living for Nigerians by making fuel more affordable.
- It will reduce Nigeria’s carbon footprint by producing cleaner fuels.
The Dangote Refinery is a major investment in Nigeria’s future and is expected to have a positive impact on the country’s economy and people.