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Dangote Invests In Two Lagos Gas Pipeline Projects - Business - Nairaland

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Dangote Invests In Two Lagos Gas Pipeline Projects by aresssa: 1:09am On Jul 31, 2016
Dangote to invest N500bn in two gas pipeline projects




Africa’s richest man and owner of Dangote Group, Alhaji Aliko Dangote has said that ongoing $17 billion Gas pipeline, fertiliser, petrochemicals and refineries project at the Lekki Free Trade Zone (LFTZ), Lagos, would provide unhindered availability of petrol in the country.


He pointed out the the Gas pipeline when completed would also generate power for the country. Dangote, who took the Vice President, Prof Yemi Osinbajo SAN, and a host of dignitaries round the facility, added that the Gas pipeline would increase revenues to government, increase demand for domestic crude Petroleum of petrochemicals and foreign exchange from exports. He asserted that the Gas pipeline site is the largest industrial site in the world and there is an extremely good relationship with the community.


“This Gas pipeline sight is eight times the size of Victoria Island. It was designed to process a large variety of crudes, including all the African crudes, a range of Middle Eastern crudes and US crudes. The refinery has flexibility to convert kerosene to jet/diesel,” he added

Dangote noted that his business policy is not solely for profit making but to make Nigerians happy, saying “I am a proud Nigerian. I do not own even a 9inch block outside Nigeria. When I travel, I stay in a hotel”. He stated that for instance, “Dangote cement, if we take it to Ghana, we will make N500 on each bag, but we didn’t do that.

We (Dangote Group) are attacking the economy with a policy of no more import, which will create jobs. We are suffering today because we have not diversify the economy of Nigeria.” Expressing satisfaction over the ongoing Gas pipeline, Vice President Osinbajo, said the project will supply three billion cubic feet of gas daily and had the potential of solving the problem of electricity shortage which had plagued the nation for decades. According to him, the investment as a whole was an incredible industrial project being the largest and the most ambitious in Africa and possibly the entire world. Addressing journalists after a two-hour presentation on the entire project, Osinbajo described the Gas pipeline as a major asset for the country, if it can be done. “For me, that is the most important project that could be done in this country. It will be a major boost for industrial development,” he stated. Osinbajo explained that the sub-sea installation, estimated at N500 billion, would go all the way from Bonny in Rivers State through Ogedegbe, Olokola to Lekki and Escravos Lagos pipeline and then West Africa Gas Pipeline

Talking about securing the refinery, Osinbajo said the pipeline the was installed under the sea. “It is a subsea project. It is fortified and goes into the sea. It is not what anybody can go there and vandalise with the way it is designed. It is designed to prevent vandalisation. It is designed very deep into the sea,” the vice president maintained. Osinbajo opined that at the completion of the Gas pipeline, it is meant to refine 650,000 barrels per day. He said, “By all projection, it is the largest in the world. It has a petro-chemical plant. It also has fertilizer plant, which is projected to be the largest in the world. “The refinery will take off in the first quarter of 2019. I think the sub-sea gas pipeline,

which is very important project, is meant to take off in 2018. “The gas pipeline project there. It is an incredible industrial undertaking. It is possibly the largest and the most ambitious on the continent today. It is truly inspiring” Dignitaries that accompanied Osinbajo to the refinery site are the Minister of Solid Minerals, Dr. Kayode Fayemi; Minister of Works, Power & Housing, Mr. Babatunde Fashola (SAN); Minister of Industry, Trade & Investment, Mr. Okechukwu Enelamah; Minister of Finance, Mrs. Kemi Adeosun and former Ekiti State Governor, Otunba Adeniyi Adebayo among others.



/
http://www.vanguardngr.com/2016/06/17bn-gas-pipeline-in-lagos-will-provide-unhindered-petrol-dangote/

Sai Dangote

Sai PMB

Sai Fashola for lobbying Dangote to site the project in Lagos

Sai Lagos State

Sai Nigeria

65 Likes 1 Share

Re: Dangote Invests In Two Lagos Gas Pipeline Projects by P0intBlank(m): 1:11am On Jul 31, 2016
Hope is oxygen to the soul. It's not all gloom and doom; every cloud has a silver lining. After this very difficult period, it seems better days are ahead.

Modified
Going through the comments below, it's sad some people don't know how to appreciate good things. Then it's sadder that people abuse a whole tribe because of the shortcomings of a few. These tribal e-wars are going to continue for as long as we judge other tribes by their worst examples and judge ourselves by our best intentions

58 Likes 7 Shares

Re: Dangote Invests In Two Lagos Gas Pipeline Projects by madridguy(m): 1:16am On Jul 31, 2016
Noted.

1 Like

Re: Dangote Invests In Two Lagos Gas Pipeline Projects by aresa: 1:17am On Jul 31, 2016
Talking about securing the refinery, Osinbajo said the pipeline the was installed under the sea. “It is a subsea project. It is fortified and goes into the sea. It is not what anybody can go there and vandalise with the way it is designed. It is designed to prevent vandalisation. It is designed very deep into the sea



Talking about avenger terrorists... grin

52 Likes 1 Share

Re: Dangote Invests In Two Lagos Gas Pipeline Projects by dondo83(m): 1:22am On Jul 31, 2016
wise men build and not destroy....avengers kwantinuuuu oh
God bless dangote God bless pmb God bless southwest! God bless Nigeria

67 Likes 3 Shares

Re: Dangote Invests In Two Lagos Gas Pipeline Projects by Poorboy: 1:24am On Jul 31, 2016
Where will he get the crude oil to refine in his lagos refinery?

2 Likes 2 Shares

Re: Dangote Invests In Two Lagos Gas Pipeline Projects by chriskosherbal(m): 1:28am On Jul 31, 2016
A welcome development.
Re: Dangote Invests In Two Lagos Gas Pipeline Projects by aresa: 1:31am On Jul 31, 2016
Poorboy:
Where will he get the crude oil to refine in his lagos refinery?





Contact Us
Union Marble House, 1 Alfred Rewane Road,
PMB 40032, Falomo Ikoyi, Lagos, NIGERIA
Telephone : 234 -1- 448 0815, 448 0816
Fax : +234 1 463 0316, 271 2231
Email : corporate.communications@dangote.com



Forward your enquirers to Dangote himself and stop bothering us with your silly question...

155 Likes 15 Shares

Re: Dangote Invests In Two Lagos Gas Pipeline Projects by dannyben5: 3:44am On Jul 31, 2016
hmmm...

2 Likes

Re: Dangote Invests In Two Lagos Gas Pipeline Projects by dajebeedrys(m): 4:13am On Jul 31, 2016
aresa:








Forward your enquirers to Dangote himself and stop bothering us with your silly question...

Good.
At least you have helped the *Poor boy*

66 Likes 3 Shares

Re: Dangote Invests In Two Lagos Gas Pipeline Projects by ikarm17: 4:15am On Jul 31, 2016
Achuwa1:
Hope Dangote is making arrangement for crude outside Niger Delta tht he will be refining in his new refinery tht he is building in Lagos.
Because u cant be building refinery in Lagos & be loading crude from Niger Delta to refine in Lagos,unless he will be refining crude explored from sw.
if Dangote wants crude from Niger Delta he would have built his refinery in SS coz we have other peaceful states of Akwa ibom to build it if he feels Delta state is not safe.
we are watching & waiting coz what NDA is doing nw will be small compared with what will happen then if an inch of crude is to be lifted from Niger delta to be refined in Lagos.

Crying more than the bereaved. Ibos keep romancing ND oil.

85 Likes 4 Shares

Re: Dangote Invests In Two Lagos Gas Pipeline Projects by Nobody: 4:19am On Jul 31, 2016
Achuwa1:
Hope Dangote is making arrangement for crude outside Niger Delta tht he will be refining in his new refinery tht he is building in Lagos.
Because u cant be building refinery in Lagos & be loading crude from Niger Delta to refine in Lagos,unless he will be refining crude explored from sw.
if Dangote wants crude from Niger Delta he would have built his refinery in SS coz we have other peaceful states of Akwa ibom to build it if he feels Delta state is not safe.
we are watching & waiting coz what NDA is doing nw will be small compared with what will happen then if an inch of crude is to be lifted from Niger delta to be refined in Lagos.

Una go get sense. The refinery is close to the port and it's being built in such away that it can refine any
kind of oil

There is cheap oil everywhere. If y'all stress him, he will import. No need to scratch your ballz hun grin cheesy

Personally as a SWsterner, I don't even want him to get the oil from the ND because I can't stand minnows
talking shii about Yorubas

As it is now, the future of Nigeria is inevitably in the SW. 2019 na him una career go end cheesy grin.

No need to stress about Lagos. You know already. You probably don't know about Ogun but I go serve you

Lagos

Badagry port ✔

Lagos refinery/fertilizer plant ✔

Eko atlantic ✔

Lagos rail project ✔

Ogun

Religious tourism capital ✔

Industrial capital ✔

Real estate booming ✔

Largest cement producer in Africa ✔

Potentials once the rail is completed ✔

Host to the busiest road in the country ✔

Olokola deep seaport/ FTZ chilling somewhere waiting for a savior ✔

Ogun-Guangdong FTZ chilling ✔

Acquisition of lands for farming on the rise ✔

Comparative advantage in cotton, cassava and rice farming ✔


You remember that part in 2 face's Ihe neme song where he said something like

Una never see anything.. grin cheesy You should use it as your ringtone grin

155 Likes 12 Shares

Re: Dangote Invests In Two Lagos Gas Pipeline Projects by aresa: 4:29am On Jul 31, 2016
Achuwa1:
Hope Dangote is making arrangement for crude outside Niger Delta tht he will be refining in his new refinery tht he is building in Lagos.
Because u cant be building refinery in Lagos & be loading crude from Niger Delta to refine in Lagos,unless he will be refining crude explored from sw.
if Dangote wants crude from Niger Delta he would have built his refinery in SS coz we have other peaceful states of Akwa ibom to build it if he feels Delta state is not safe.
we are watching & waiting coz what NDA is doing nw will be small compared with what will happen then if an inch of crude is to be lifted from Niger delta to be refined in Lagos.


Again, Niger Delta Avengers blow up NNPC pipeline in Akwa Ibom



Resurgent militant group, Niger Delta Avengers, has blown up a gas pipeline belonging to the Nigerian National Petroleum Corporation,NNPC, in Akwa Ibom State.
The gas pipeline located at Nsit-Ibom council area was blown up by the group at about 11.30pm on Sunday.

http://dailypost.ng/2016/07/25/niger-delta-avengers-blow-nnpc-pipeline-akwa-ibom/



Yes, Akwa Ibom is very safe alright...


Oil is an international commodity selling for the same price per barrel so of what relevance is ND oil when in fact it could be sourced from anywhere at the same price?


Illiterates..

92 Likes 7 Shares

Re: Dangote Invests In Two Lagos Gas Pipeline Projects by Achuwa1(m): 5:05am On Jul 31, 2016
by OmoAjowa7: 4:19am

Una go get sense. The refinery is close to the port and it's being built in such away that it can refine any
kind of oil

There is cheap oil everywhere. If y'all stress him, he will import. No need to scratch your ballz hun grin cheesy

Personally as a SWsterner, I don't even want him to get the oil from the ND because I can't stand minnows
talking shii about Yorubas

As it is now, the future of Nigeria is inevitably in the SW. 2019 na him una career go end cheesy grin.

No need to stress about Lagos. You know already. But you probably don't know about Ogun but I go serve you

Lagos

Badagry port ✔

Lagos refinery/fertilizer plant ✔

Eko atlantic ✔

Lagos rail project ✔

Ogun

Ogun Religious tourism capital ✔

Industrial capital is Ogun ✔

Real estate booming ✔

Largest cement producer in Africa ✔

Potentials once the rail is completed ✔

Host to the busiest road in the country ✔

Olokola deep seaport/ FTZ chilling somewhere waiting for a savior ✔

Ogun-Guangdong FTZ chilling ✔

Acquisition of lands for farming on the rise ✔

Comparative advantage in cotton, cassava and rice farming ✔


You remember that part in 2 face's Ihe neme song where he said something like

Una never see anything.. grin cheesy You should use it as your ringtone grin




look hw u are listing seaport as if u have 4goten the part of the country tht has made those ports functional.
Dont worry,by the time our igbo brothers leave lagos for gud u will rellocate all those agbero @ bus stops to sleep at Tincan,wharf & co.
Afonjas are the most lazy set of ppl we have in Nigeria & thts why they are scared of other southern part of the country from leaving.
morover,all other of those u listed arent generating or contributing anything to national coffers,thought u would have included cocoa.

5 Likes 1 Share

Re: Dangote Invests In Two Lagos Gas Pipeline Projects by ikarm17: 5:14am On Jul 31, 2016
Achuwa1:

look hw u are listing seaport as if u have 4goten the part of the country tht has made those ports functional.
Dont worry,by the time our igbo brothers leave lagos for gud u will rellocate all those agbero @ bus stops to sleep at Tincan,wharf & co.
Afonjas are the most lazy set of ppl we have in Nigeria & thts why they are scared of other southern part of the country from leaving.
morover,all other of those u listed arent generating or contributing anything to national coffers,thought u would have included cocoa.

You made the port functional lmaooooo.

Who is stopping you from leaving or investing in the SE? All these fanyogo and ugwu hawkers sha.

Empty barrel.

100 Likes 8 Shares

Re: Dangote Invests In Two Lagos Gas Pipeline Projects by omenka(m): 5:17am On Jul 31, 2016
Achuwa1:
Hope Dangote is making arrangement for crude outside Niger Delta tht he will be refining in his new refinery tht he is building in Lagos.
Because u cant be building refinery in Lagos & be loading crude from Niger Delta to refine in Lagos,unless he will be refining crude explored from sw.
if Dangote wants crude from Niger Delta he would have built his refinery in SS coz we have other peaceful states of Akwa ibom to build it if he feels Delta state is not safe.
we are watching & waiting coz what NDA is doing nw will be small compared with what will happen then if an inch of crude is to be lifted from Niger delta to be refined in Lagos.
www.nairaland.com/attachments/4011850_4004457asoldierwithawhippursuingsomebodyusethisgififyouseeauselesspostjpegfaabe749e08592f59893225a6876e150_jpegc87acb7de2d76a8992e7642d98ce3945

82 Likes 7 Shares

Re: Dangote Invests In Two Lagos Gas Pipeline Projects by omenka(m): 5:23am On Jul 31, 2016
Samsung Flatrons are already here pod-casting inanities as usual. Anything good causes them acute belly-ache.

51 Likes 4 Shares

Re: Dangote Invests In Two Lagos Gas Pipeline Projects by aresa: 5:25am On Jul 31, 2016
Achuwa1:

by OmoAjowa7: 4:19am

Una go get sense. The refinery is close to the port and it's being built in such away that it can refine any
kind of oil

There is cheap oil everywhere. If y'all stress him, he will import. No need to scratch your ballz hun grin cheesy

Personally as a SWsterner, I don't even want him to get the oil from the ND because I can't stand minnows
talking shii about Yorubas

As it is now, the future of Nigeria is inevitably in the SW. 2019 na him una career go end cheesy grin.

No need to stress about Lagos. You know already. But you probably don't know about Ogun but I go serve you

Lagos

Badagry port ✔

Lagos refinery/fertilizer plant ✔

Eko atlantic ✔

Lagos rail project ✔

Ogun

Ogun Religious tourism capital ✔

Industrial capital is Ogun ✔

Real estate booming ✔

Largest cement producer in Africa ✔

Potentials once the rail is completed ✔

Host to the busiest road in the country ✔

Olokola deep seaport/ FTZ chilling somewhere waiting for a savior ✔

Ogun-Guangdong FTZ chilling ✔

Acquisition of lands for farming on the rise ✔

Comparative advantage in cotton, cassava and rice farming ✔


You remember that part in 2 face's Ihe neme song where he said something like

Una never see anything.. grin cheesy You should use it as your ringtone grin



.

2 Likes

Re: Dangote Invests In Two Lagos Gas Pipeline Projects by shukuokukobambi: 5:27am On Jul 31, 2016
Achuwa1:



[s]look hw u are listing seaport as if u have 4goten the part of the country tht has made those ports functional.
Dont worry,by the time our igbo brothers leave lagos for gud u will rellocate all those agbero @ bus stops to sleep at Tincan,wharf & co.
Afonjas are the most lazy set of ppl we have in Nigeria & thts why they are scared of other southern part of the country from leaving.
morover,all other of those u listed arent generating or contributing anything to national coffers,thought u would have included cocoa.[/s]

Zombie hater, oya....

[img]http://niketalk.com/content/type/61/id/545358/width/350/height/700/flags/LL[/img]

50 Likes 1 Share

Re: Dangote Invests In Two Lagos Gas Pipeline Projects by koladebrainiac(m): 5:42am On Jul 31, 2016
Na wa oio . Dangote.

The patriot.

6 Likes

Re: Dangote Invests In Two Lagos Gas Pipeline Projects by mandhip: 6:11am On Jul 31, 2016
aresa:








Forward your enquirers to Dangote himself and stop bothering us with your silly question...

Lmaooo

27 Likes 1 Share

Re: Dangote Invests In Two Lagos Gas Pipeline Projects by AJINATU: 6:11am On Jul 31, 2016
The Chinese are also about to commence the construction of two floating Gas facility at Igbesa, Ogun state

31 Likes 3 Shares

Re: Dangote Invests In Two Lagos Gas Pipeline Projects by Ikwokrikwo: 6:26am On Jul 31, 2016
Thought they have oil and gas in Lagos? Why is Dangote laying pipelines all the way from Rivers to the same Lagos. Ambode come and answer o.

4 Likes 2 Shares

Re: Dangote Invests In Two Lagos Gas Pipeline Projects by Flyingngel(m): 6:50am On Jul 31, 2016
Ok
Re: Dangote Invests In Two Lagos Gas Pipeline Projects by Achuwa1(m): 6:53am On Jul 31, 2016
AJINATU: 6:11am
The Chinese are also about to commence the construction of two floating Gas facility at Igbesa, Ogun state

"About to" is APC slogan after CHANGE.
keep dreaming.

6 Likes 1 Share

Re: Dangote Invests In Two Lagos Gas Pipeline Projects by aresa: 7:04am On Jul 31, 2016
Achuwa1:
AJINATU: 6:11am
The Chinese are also about to commence the construction of two floating Gas facility at Igbesa, Ogun state

"About to" is APC slogan after CHANGE.
keep dreaming.


In fact, everything na lie. Even Dangote is not building any refinery in Lagos. APC is just lying... grin

50 Likes 1 Share

Re: Dangote Invests In Two Lagos Gas Pipeline Projects by herzern(m): 8:17am On Jul 31, 2016
angry
Re: Dangote Invests In Two Lagos Gas Pipeline Projects by veekid(m): 8:19am On Jul 31, 2016
See reason why this man decline small; no shaking baba, we r getting our position back soon

1 Like

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