Facts About Dangote Refinery.
The richest black man in the world, Alhaji Aliko Dangote commenced the construction of his oil refinery and fertilizer plant, at Ibeju-Lekki area of Lagos State, in 2015 and it's predicted to be completed by 2020. Operations are likely to be begin by 2021. The refinery is located in the Lekki Free Trade Zone, and linked towards the Atlantic ocean. It is predicted to be the sixth largest refinery in Africa. It's also predicted to have a daily oil production capacity of 650,000 barrels. Alhaji Dangote had also built a jetty to receive heavy equipment in the construction of the refinery. A sum of $18billion is the estimated investment on the refinery. The Refinery and Petrochemical project is expected to generate 9,500 direct jobs and over 25,000 indirect jobs. The processing facilities include Crude Distillation Unit (CDU), Mild Hydrocracking Unit, Naptha Hydrotreater etc. It's predicted to boost the domestic refined oil production and reduce the level of oil Importation in...