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21 Facts About Dangote’s Refinery And Petrochemical Plant , Ibeju Lekki - Investment - Nairaland

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21 Facts About Dangote’s Refinery And Petrochemical Plant , Ibeju Lekki by Elvis4real28: 8:52pm On Oct 28, 2019
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
Ibeju-Lekki, 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 .
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
Very massive project to stand in the Ibeju-Lekki axis come 2019.
If a business mogul like Dangote can spend $100 million on the 2,135 hectares of land (in
Ibeju-Lekki) where the project will be standing on, then anybody with even 700k should be
thinking of doing same.
Majority of our estates are located few minutes away from this Refinery with prices ranging
from N600,000 to N4m per plot...
You can call us or send your email address to get full information on all of our estates within
this axis.
It's not compulsory you live there; you can buy as many plots as you can afford and then
wait. Land in this axis appreciates faster than anywhere in the country.
The no. 1 secret of most successful Real Estate Investors is that they buy land on the fringe
of development and wait for capital appreciation.
Strike While The Iron Is Hot.

Call/WhatsApp 08118050111 now to secure your future now and be among the smart ones.

1 Like

Re: 21 Facts About Dangote’s Refinery And Petrochemical Plant , Ibeju Lekki by rottennaija(m): 9:00pm On Oct 28, 2019
My own is, while refining, don't flare the gas but use it to produce electricity.
Re: 21 Facts About Dangote’s Refinery And Petrochemical Plant , Ibeju Lekki by Elvis4real28: 9:06pm On Oct 28, 2019
rottennaija:
My own is, while refining, don't flare the gas but use it to produce electricity.

Well said .
Re: 21 Facts About Dangote’s Refinery And Petrochemical Plant , Ibeju Lekki by nero2face: 9:06pm On Oct 28, 2019
Govt pikin,
Re: 21 Facts About Dangote’s Refinery And Petrochemical Plant , Ibeju Lekki by Elvis4real28: 9:30pm On Oct 28, 2019
nero2face:
Govt pikin,

E no go bad if you buy land here o . let's help you secure even if na one . 650k
Re: 21 Facts About Dangote’s Refinery And Petrochemical Plant , Ibeju Lekki by InansBobo(m): 6:27am On Oct 29, 2019
Dangote Dangote... (in Burna's voice)
Re: 21 Facts About Dangote’s Refinery And Petrochemical Plant , Ibeju Lekki by CodeTemplar: 10:42am On Oct 29, 2019
Elvis4real28:


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

The reason we are backwards. We use money for new car to buy spare tyre or side mirrow.
Re: 21 Facts About Dangote’s Refinery And Petrochemical Plant , Ibeju Lekki by abdullkabar(m): 11:26am On Oct 29, 2019
The roads through which the equipments are transported to the site has worsen significantly eg the ibeju lekki epe expressway, hopefully they repair it when they are done cuz the host community are suffering it

NB: just a mild complain wink
Re: 21 Facts About Dangote’s Refinery And Petrochemical Plant , Ibeju Lekki by Elvis4real28: 11:13pm On Oct 29, 2019
That's true ..
CodeTemplar:
The reason we are backwards. We use money for new car to buy spare tyre or side mirrow.
Re: 21 Facts About Dangote’s Refinery And Petrochemical Plant , Ibeju Lekki by Elvis4real28: 10:55am On Oct 31, 2019
Call 08118050111 now
Re: 21 Facts About Dangote’s Refinery And Petrochemical Plant , Ibeju Lekki by Elvis4real28: 9:07am On Nov 01, 2019
What are you waiting for ? Buy now
Re: 21 Facts About Dangote’s Refinery And Petrochemical Plant , Ibeju Lekki by Elvis4real28: 3:10pm On Nov 01, 2019
Don't be left out
Re: 21 Facts About Dangote’s Refinery And Petrochemical Plant , Ibeju Lekki by Elvis4real28: 3:56pm On Nov 01, 2019
You can never go wrong investing right
Re: 21 Facts About Dangote’s Refinery And Petrochemical Plant , Ibeju Lekki by Elvis4real28: 10:47am On Nov 02, 2019
Make the right decision now
Re: 21 Facts About Dangote’s Refinery And Petrochemical Plant , Ibeju Lekki by Elvis4real28: 11:14pm On Nov 03, 2019
08118050111
Re: 21 Facts About Dangote’s Refinery And Petrochemical Plant , Ibeju Lekki by Elvis4real28: 1:48pm On Nov 04, 2019
Still selling fast
Re: 21 Facts About Dangote’s Refinery And Petrochemical Plant , Ibeju Lekki by Elvis4real28: 12:13am On Dec 19, 2019
Whatsapp or call 08118050111

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