‘My Multibillion Dollar Refinery Will Be Completed By The End Of 2021’ – Dangote




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Aliko ’s multi-billion dollar refinery will be completed by end of this year.

This was revealed by President, , Alhaji Aliko on Saturday, according to a report by News Telegraph.

Recall that refinery will churn out 650,000-barrel per day (bpd).

He also added that his granulated urea fertiliser plant at Ibeju Lekki corridor will begin of fertiliser next week.

This was even as State Governor, Mr promised to support the ongoing multi-bilion dollar investments on the axis with massive road to further open up the of the axis and create a more conducive for the industries springing up in the area.

The duo spoke with journalists during Governor Sanwo- Olu’s two-day working visit to the Free Zone, saying that the investments would turn around the state and the ’s .

Speaking on the economic potential of the refinery, also added that though the Africa’s biggest oil refinery and the world’s biggest single-train facility expected to generate about 230,000 indirect jobs would be completed by the end of this year, of would commence by first quarter of 2022.

The Africa’s richest man disclosed this while fielding questions from journalists after the tour of the project by the State Governor, Mr. who went on a two – day working visit with members of his cabinet to the burgeoning industrial hub located in Lekki area of the state. He also stated that the granulated urea fertiliser plant at Ibeju Lekki corridor will commence of fertiliser next week.

He said: “OK the fertilizer you will actually see fertilizer within the next one week. The refinery will be finished by the end of this year and product will start coming out by first quarter of next year. ”

He commended the governor for finding time out to visit the refinery during his working visit, saying: “First of all let me thank His Excellency for taking off about five hours to be with us today.

The governor has been around this area for the past two days. Really Mr. Governor we are very grateful for your support for making this place to be investors friendly and all the support you have been giving. only to Dangote but to almost everybody and I can assure that this place will be the hub of industrialisation in the country going forward.

On his part, Governor said there is urgent need to assess the level of investment on the Lekki Corridor, saying efforts were being made to address the issues the investors are facing and avert haphazard development in the Industrial hub informed the working visit.

said the development of Lekki Port being propelled by the operators and owners of Lagos Free zone has gone up to about 60 per cent , saying the state would ensure that the problems being experienced in Apapa port.

To regulate and guide against haphazard development, Governor said agencies of would be located in the axis to ensure that the right things are done.

“The ministry of , Physical Planning, Waterfront and Tourism would also have a full presence here.

Physical planning are things we cannot afford to miss out. We need to ensure that the master plan of this area is kept and the ones we need to look at we will certainly pick them up for approvals that is required so that can indeed take the position,” he said.

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