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. When this project comes online, Nigeria will save a minimum of $10 billion a year on imports
11. The Ammonia component of the plant will produce 2.8 million tonnes of Urea
12. 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
13. All the civil engineering is done by Nigerian companies
14. The plant has an export value of $6 billion per annum, meaning Dangote’s effort will increase the amount of foreign exchange in Nigeria’s foreign reserves by at least 40% of current value on a yearly basis
15. 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
16. 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
17. 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
18. Refined products to be produced at the plant include but is not limited to propane, petrol, Jet Fuel, Diesel, Kerosene, Carbon Black, Polypropylene, Polyethylene
19. The United States Trade and Development Agency is supporting this project with $997 million.

Copied: from Nigerian Renaissance Youths

Dangote, my hero.

Dangote is exploitative.

Please o, was Dangote given an exclusive license to build refineries? Why is no other Nigerian doing so? I know we have other billionaires who can afford such a project.

Please pardon my ignorance, I am genuinely curious.

Love Machine:
Dangote is exploitative.

and this is the only thing you can say . This is a man creating employment, adding value to the economy. He may seem exploitative but that's business as it is for you.

honeychild:
Please o, was Dangote given an exclusive license to build refineries? Why is no other Nigerian doing so? I know we have other billionaires who can afford such a project.

Please pardon my ignorance, I am genuinely curious.

Investments are risks. Perhaps, the billionaires you know are not ready to take this kind of risk.

He has lost 35% of his net worth to present recession. With this project and many ongoing in the area of Agro Allied, who says Dangote cannot be Africa's number one for many years to come?
BRAVO DANGOTE.

honeychild:
Please o, was Dangote given an exclusive license to build refineries? Why is no other Nigerian doing so? I know we have other billionaires who can afford such a project.

Please pardon my ignorance, I am genuinely curious.

some of our billionaires already have refineries abroad...and are benefiting from the current situation of the country.

GOOD ONE DANGOTE. HE IS VERY PASSIONATE ABOUT INVESTING IN NIGERIA.

Love Machine:
Dangote is exploitative.

Sorry to say that you sound a little bit naïve..

We hear

God bless Dangote. He singlehandedly made the "Northerners" relevant in Nigeria.



He may singlehandedly take Nigeria out of the wood too

Love Machine:
Dangote is exploitative.

You are absolutely wacky

god bless dangote for us oo

Am soo proud of this son of a gun....wannna be like him some day ....God help me

Even the Federal Government is not capable of building refinery; so they have to leave the thing for private people.

Dangote is a very bad sharp guy

I think he has plans

But not political

I'm waiting for this project to come online. Let me see how our government owned refineries will perform with competition.

The management of those refineries to me need to be sacked and changed if they are not productive. We should run our national organizations as a business venture, not as a political venture.

kolaish:
GOOD ONE DANGOTE. HE IS VERY PASSIONATE ABOUT INVESTING IN NIGERIA.

A businessman is after his pockets bro

Love Machine:
Dangote is exploitative.

Factory Reset required

He is a good business man.
Hope it serves us as proposed!

This Guy called Dangote...his money go boom very very soon.. World Richest in the making

And when will the project completed?

Nigeria can be great again, kudos to Dangote
Nobody should drag APC or PDP into this

Dangote keep on giving me hope since 19bc

Dangote is one of the greatest business men. My respect......

Nice one.

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

That gap between govt effort & private effort strikes me. Can't the govt learn 1 or 2 from dangote? Gap is just too wide.

Thank you Mr dango

There are other companies building mostly modular refineries too. At various locations in Nigeria.

Ok