Stop the misinformation, Dangote refinery is a 650,000 barrels per day (bpd) integrated refinery and world biggest refinery is The Jamnagar Refinery Complex located in the Jamnagar Special Economic Zone

Nickshrapnel:
It may not be a problem now, it will be later. The Gov ought to also have a big working refinery of their own

I disagree.

The Government should ideally focus on governance, and not be distracted by running enterprises that must compete with wholly owned private companies to survive. Its a waste of governments time and money, and always ends up in premium tears.

Failure to recognise that fact is why government businesses, from NITEL to the Refineries, have continued to fail and pack up. The Government's role is to regulate & provide a conducive atmosphere for business.

Finito.

fulanimafia:


I disagree.

The Government should ideally focus on governance, and not be distracted by running enterprises that must compete with wholly owned private companies to survive. Its a waste of governments time and money, and always ends up in premium tears.

Failure to recognise that fact is why government businesses, from NITEL to the Refineries, have continued to fail and pack up. The Government's role is to regulate & provide a conducive atmosphere for business.

Finito.

You have a point, but a single company having monopoly over a product is not something good either.

MelesZenawi:
Not only world largest refinery but heavens largest refinery..

This is one of the reasons some of you don't grow in life. Don't die a bitter soul

One of the major reasons they cry if we remind them Lagos is Western Nigeria.

Nice move by Dangote. I thank GEJ for the facilitation.

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Thank you.

It pain you just Because the project was situated in southwest instead erosionland.

MelesZenawi:
Not only world largest refinery but heavens largest refinery..

900winer:

Our oyel people spotted

Oya cry me a river

who is this one?

When Nigeria finally break up how will dangote feels, he suppose to build this refinery in his home town.

Guestlander:


Sour and bitter attitude. Perhaps angry too.

A hungry man is an angry one.

MelesZenawi is obviously starving.

Gala no too sell for this corona period

Dont degrade anyone`s work by adding some Fake News in it.

This is not going to be even in Top 5, also the most crucial factor is not only the Refining capacity but the Standard of the Fuel it produces,

Worlds Most clean fuel are Euro VI / BS VI fuel standards, Only Japan, Germany and India have capabilities at the moment to produce.

While in this Continent we are using non standards or Euro 2 /BS 2 fuel.
I was not able to find a single literature where it says Dnagote will produce Euro III / BS III standard fuel. lets not discuss about higher ones.

Rossikk:
Dangote Refinery, Lagos

The refinery is situated on a 6,180 acres (2,500 hectares) site at the Lekki Free Zone, Lekki, Lagos State.

With a single crude oil distillation unit, the refinery will be the largest single-train refinery in the world on completion.




















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Dangote - Building the world's largest oil refinery

I am happy I am not from akwa-ibom or top oil producing tribes,this thing for pain me well.
As usual govt we give dangote monopoly like he is the only business man in Nigeria.

rummmy:
who is this one?

Yes sir
My name is Shekau Chukwudi

Hope the oil will come from the north

Great news! This is the type of stories that some of us want to hear not how fools who are hungry are planning to support a drug lord to come and continue to ruin the future of their generation.

This is happening in this generation.
>ajaokuta steel complex!

temptnow:


My cousin work there as a contractor he said that with Corona virus that refinery won't be ready till December next year

you may be wrong, the removal of fuel subsidy is an indication that dangote will soon enter the market, the government is setting the stage for his cut throat , Shylock price

RuudVanNisteroy:
This is one of the reasons the TAM for the 4 refineries will never work regardless of how much money will be pumped into it between now and 2023.

This refinery will have monopoly to refine all the crude oil for domestic consumption

Nigerians should fight and break this guy's monopoly as regards this petroleum thing otherwise he will show Nigerians pepper like he did with sugar and cement
The guy is not nice at all

surgical:
Nigerians should fight and break this guy's monopoly as regards this petroleum thing otherwise he will show Nigerians pepper like he did with sugar and cement
The guy is not nice at all

He has to recoup his investment. He will show Nigerians pepper and there is nothing we can do about it.

They will intentionally not make the refineries ever work, so he maintains the monopoly.

jericco1:
In as much as this seems to be a good news, I think it is bad timing.. in a period when the value of oil is plummeting as countries are looking for new ways to get energy, he should have invested elsewhere, where there seems to be future. Well all the best to him tho

You're right. But at least we would be able to refine a very large percentage of our fuel instead of exporting it to be refined. Hence we would be able to channel those expenses to another project...

To refine oil from where exactly? We shall know who owns the oil land by then. Keep building ashes in the sky.

surgical:
you may be wrong, the removal of fuel subsidy is an indication that dangote will soon enter the market, the government is setting the stage for his cut throat , Shylock price

No, fuel subsidy was removed cos oil was sold below $20 then, once oil bounce back to let's say $50 this government through NNPC might be paying subsidy again. They have no choice. Cos if they don't fuel might rise to ₦200+ per litre