Africa’s Biggest Refinery Takes Shape

By: Hamilton Nwosa
Cat:
Business

Related stories

Headline

How Boko Haram Attacked Ex-COAS Buratai’s Convoy, Escapes Death In Borno — Reveals Ndume

By Kolawole Ojebisi The lawmaker representing Borno South in the...
Headline

Gambaryan Quits Binance After Brush With Nigerian Government

By Kolawole Ojebisi Months after regaining his freedom from the...
Headline

Drama as Tinubu’s Aide, Aliyu Audu Resigns

By Abiola Olawale Aliyu Audu, Senior Special Assistant to President...
Headline

Nigerians Have Behaved Badly For ‘A Very Long Time’, LP’s Alex Otti Backs Tinubu’s Fuel Subsidy Removal

By Kolawole Ojebisi Abia State Governor, Alex Otti, has publicly...
Headline

One Third Of Dangote Refinery Crude From US as Scarce Local Supplies Stall Refinery’s Capacity, Says Bloomberg

By Kolawole Ojebisi Despite its status as Africa's leading producer...

The completion of Dangote Refinery in 2019 will mark another milestone in the Nigerian oil and gas industry as the $11 billion refinery hold the prospect of stopping of refined petroleum products by Nigeria.

The Dangote Refinery will produce 650,000 barrels per day of refined petroleum products to meet all the country’s refined petroleum products needs as well as export to other countries.

Nigeria spent N2.59 trillion to import refined petroleum products in 2016, according to the Nigeria Bureau of Statistics. founder of Dangote Group of Companies and the richest man in Africa.

Dangote, the promoter, said that the refinery projects were primarily meant to diversify the resource base of Nigeria.

“This is the biggest industrial site anywhere in the world from the fertiliser, petrochemical and refinery plants. The Dangote Refinery will produce 650,000 barrels per day of refined petroleum products to meet all the country’s refined petroleum products needs as well as export to other countries.

Nigeria spent N2.59 trillion to import refined petroleum products in 2016, according to the Nigeria Bureau of Statistics.

Hamilton Nwosa
Hamilton Nwosa
Hamilton Nwosa is an experienced, and committed communication, business, administrative, data and research specialist . His deep knowledge of the intersection between communication, business, data, and journalism are quite profound. His passion for professional excellence remains the guiding principle of his work, and in the course of his career spanning sectors such as administration, tourism, business management, communication and journalism, Hamilton has won key awards. He is a delightful writer, researcher and data analyst. He loves team-work, problem-solving, organizational management, communication strategy, and enjoys travelling. He can be reached at: hamilton_68@yahoo.com

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

[tds_leads input_placeholder="Your email address" btn_horiz_align="content-horiz-center" pp_msg="SSd2ZSUyMHJlYWQlMjBhbmQlMjBhY2NlcHQlMjB0aGUlMjAlM0NhJTIwaHJlZiUzRCUyMiUyMyUyMiUzRVByaXZhY3klMjBQb2xpY3klM0MlMkZhJTNFLg==" pp_checkbox="yes" tdc_css="eyJhbGwiOnsibWFyZ2luLXRvcCI6IjMwIiwibWFyZ2luLWJvdHRvbSI6IjQwIiwiZGlzcGxheSI6IiJ9LCJwb3J0cmFpdCI6eyJtYXJnaW4tdG9wIjoiMTUiLCJtYXJnaW4tYm90dG9tIjoiMjUiLCJkaXNwbGF5IjoiIn0sInBvcnRyYWl0X21heF93aWR0aCI6MTAxOCwicG9ydHJhaXRfbWluX3dpZHRoIjo3NjgsImxhbmRzY2FwZSI6eyJtYXJnaW4tdG9wIjoiMjAiLCJtYXJnaW4tYm90dG9tIjoiMzAiLCJkaXNwbGF5IjoiIn0sImxhbmRzY2FwZV9tYXhfd2lkdGgiOjExNDAsImxhbmRzY2FwZV9taW5fd2lkdGgiOjEwMTksInBob25lIjp7Im1hcmdpbi10b3AiOiIyMCIsImRpc3BsYXkiOiIifSwicGhvbmVfbWF4X3dpZHRoIjo3Njd9" display="column" gap="eyJhbGwiOiIyMCIsInBvcnRyYWl0IjoiMTAiLCJsYW5kc2NhcGUiOiIxNSJ9" f_msg_font_family="downtown-sans-serif-font_global" f_input_font_family="downtown-sans-serif-font_global" f_btn_font_family="downtown-sans-serif-font_global" f_pp_font_family="downtown-serif-font_global" f_pp_font_size="eyJhbGwiOiIxNSIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_weight="700" f_btn_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_transform="uppercase" btn_text="Unlock All" btn_bg="#000000" btn_padd="eyJhbGwiOiIxOCIsImxhbmRzY2FwZSI6IjE0IiwicG9ydHJhaXQiOiIxNCJ9" input_padd="eyJhbGwiOiIxNSIsImxhbmRzY2FwZSI6IjEyIiwicG9ydHJhaXQiOiIxMCJ9" pp_check_color_a="#000000" f_pp_font_weight="600" pp_check_square="#000000" msg_composer="" pp_check_color="rgba(0,0,0,0.56)" msg_succ_radius="0" msg_err_radius="0" input_border="1" f_unsub_font_family="downtown-sans-serif-font_global" f_msg_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_size="eyJhbGwiOiIxNCIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_weight="500" f_msg_font_weight="500" f_unsub_font_weight="500"]

Latest stories

Previous article
Anambra 2017: Ekweremadu Drums Up Support For Obaze
Next article
Liberia Poll: Weah, Boakai Likely To Go For Run-Off

We stand for ethical journalism, press freedom, accountable Republic, and gender-equity. That is why at The New Diplomat, we are committed to speaking truth to power, fostering a robust community of responsible journalism.

© 2023 The New Diplomat Multimedia Limited. All Rights Reserved.

NDN
Latest News
How Boko Haram Attacked Ex-COAS Buratai's Convoy, Escapes Death In Borno --- Reveals NdumeGambaryan Quits Binance After Brush With Nigerian GovernmentDrama as Tinubu’s Aide, Aliyu Audu ResignsNigerians Have Behaved Badly For 'A Very Long Time', LP's Alex Otti Backs Tinubu's Fuel Subsidy RemovalOne Third Of Dangote Refinery Crude From US as Scarce Local Supplies Stall Refinery's Capacity, Says BloombergTinubu Running Govt. of 'Propaganda And Lies', Says Peter Obi2027: Ijaw Group Threatens To Prevent Election In Warri If...Sanwo-olu Breaks Silence On Alleged Rift With Tinubu, Calls President 'Father And Leader'Tinubu Tells Sanwo-Olu At Lagos Peace Meeting: "All is Forgiven"Pope Leo XIV Urges Faithful to Open Borders, Break Down Barriers, Embrace LoveJune 12: Tinubu To Address Senate, Reps Joint Session On Democracy DayNUT Speaks On Why FG's Planned Computer-based Examinations Won't Curb MalpracticesTension in Colombia as Presidential Hopeful Miguel Uribe Shot 3 Times at Campaign Rally in Critical StateGowon Reflects on Nigerian Civil War, Says It Was a Painful Duty, Not a ChoiceNigeria Celebrates Democracy as FG Declares June 12 Public Holiday
X whatsapp