21 Facts About Dangote’s Refinery and
Petrochemical Plant
1. Over $4 billion worth of equipment currently
sits on the site.
2. The project is slated to cost $14 billion (N2.8
trillion) of which Dangote is contributing $7 billion
in equity.
3. The project site is larger than Victoria Island. It
is located on 2135 hectares of land in Epe, Lagos
near the Lekki Free Zone
4. It is the largest industrial complex in Africa
5. Work goes on, on the site, 24 hours a day, 7
days a week
6. World Record 2.72 million accident free hours
recorded on site, without a single lost time to
injuries
7. It is the largest single train grass roots refinery
in the world with a processing capacity of 650,000
BPSD
8. Dangote Group brought in the world’s #1, #2,
and #5 sand dredgers to sand fill the site. 60% of
the land being swampy. So far these dredgers
have reclaimed 13 million m³ out of 30 million m³
9. During construction, the project will employ
over 25,000 Nigerians
10. Dangote is investing over $7 billion (N1.4
trillion) in the project
11. It is the largest single train refinery project on
the planet
12. When this project comes online, Nigeria will
save a minimum of $10 billion a year on imports
13. The Ammonia component of the plant will
produce 2.8 million tonnes of Urea
14. Dangote is producing its own electricity to
power the plant and by so doing is saving 75%
costs. Dangote produces electricity at a rate that
is significantly cheaper than the Federal
Government. Dangote’s cost is $400,000/MW,
while Federal Government is $2,000,000/MW
15. All the civil engineering is done by Nigerian
companies
16. The plant has an export value of $6 billion per
annum, meaning Dangote’s efforts will increase
the amount of foreign exchange in Nigeria’s
foreign reserves by at least 40% of current value
on a yearly basis
17. Dangote said when this project comes on line,
his friend Femi Otedola will save at least N26 per
litre on millions of litres of diesel and petrol which
his companies import annually. This savings will
be passed on to the consumers and it will take a
lot of pressure off the banks
18. Billions of Naira were paid to acquire the land
and to settle the existing communities. More
money was also allocated and spent to relocate
the existing communities
19. This project will restore the dignity of Nigeria,
a crude producing country that has for years gone
abroad to meet its demand for refined products
20. Refined products to be produced at the plant
include but is not limited to propane, petrol, Jet
Fuel, Diesel, Kerosene, Carbon Black,
Polypropylene, Polyethylene
21. The United States Trade and Development
Agency is supporting this project with $997
million.

If only we have 2 dangotes

Well, I will be the new competition to dangote.

Ok

interesting

I respect this man...
I will be the dangote of the agric sector and also real estate

#22.more development for Southwest

1 thing i like about Dangote is his sense of investing in Africa &Nigeria in particular.
Thats good &very interesting. Atleast this will help alleviate Nigerians of fuel scarcity issues all the time, provides jobs to teeming unemployed youths, shipping companies will be engaged in transporting refined products to the coastal &hinterlands part of the country. If we can have people like Dangote that are willing to invest in our country, then Nigeria will be better, not all these Nigerian politicians owning Refineries abroad where our crude oil is refined then shipped down for us to use, then you imagine the expenses, logistics &procurements which our country, Nigeria will bear. I can't wait to see this Refinery comes on stream &fully operational.

https://www.youtube.com/watch?v=MYdCTJQojHE

[size=14pt]Aliko Dangote is building the world largest oil refinery right outside Lagos.[/size]

Nigeria is Africa's top oil producer, yet it's in the middle of a fuel crisis. The missing link: oil refineries. To address this massive disconnect, billionaire businessman Aliko Dangote is building an oil refinery right outside Lagos.

This is quite some interesting fact.

Can we possibly have two more of these please?

This is the competition we need for the government owned refineries to sit up. The government owned refineries should be made to buy crude oil, not allocated the oil.

Other private refineries are needed, so that dangotes won't end up as a monopoly.

DO YOU KNOW

1.) With just N100,000 per, you will get a plot of land very close to Dangote Refinery(Paradise Gardens Estate is less than 10 mins drive from Dangote Refinery)
2.) That if you buy two plots of Land inside Havilla County Estate, you will get one plot free


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08036374420,
08173133773
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