As efforts are being intensified for the imminent completion of the Dangote Refinery in Lagos, the project has been described as an inspiration to private sector operators in the country.
The Chief Executive Officer of Oando Plc, Mr. Wale Tinubu, who stated this during a guided tour of the project in Lagos with leading oil and gas downstream sector operators, said: “With what I have seen, the Dangote Refinery is for Nigeria and Africa.”

He stated that the President of Dangote Group, Aliko Dangote, deserved all the commendations in the world for the courage to build the world’s largest single train refinery in one of the most challenging business environment in the world.
Tinubu noted that he harboured no doubt within him that the refinery, upon completion, would meet the yearnings of Nigerian for product availability, and ultimately de-risk the petroleum sector.

The Oando boss said he felt a sense of pride for being able to witness such feat in the history of Nigeria, noting that: “It is more than just a refinery; it is a revolution; it is about what is possible in Africa by an African, and we are talking about a world class project being done a scale that the world is not used to.
This is happening in an extremely challenging environment in which all of the infrastructure had to be built from the scratch with the attendant huge additional cost, the cost of capital being high, and the risk premium being highest and done with such spectacular precision. I think the world is not going to see many of these sorts of projects. I call it the eighth wonder of my own time.

“It is inspirational, and Dangote deserves all the accolades. This project is of strategic importance to the country and the continent. Nigeria has no functional refinery, and it has 200million people that consume 40million litres a day.
There is nowhere in the world where you have a raw material for something and you do not beneficiate the product to a point where you can consume it in your country. We have been a complete and utter failure when it comes to that and it is taking a private individual to reverse that trend.

“It is an epoch for the country. I think what we should do is to encourage him to complete it. Success for him is a success for the country.”
In his remark, Dangote stated that the refinery is not only a project for Dangote, but also a project for Nigeria.

According to him, “Nigeria should be a leader in building facilities like these as a business initiative. This project will definitely put Nigeria on the map, and surely change the fortunes of Africa.”

He further disclosed that Dangote Group, apart from building a world class projects, is also dedicated to building capacity by resuscitating failing industries such as it did in the cement industry, adding that this has set the precedence in Nigeria.
The Dangote Refinery, upon completion, will refine 650,000 barrels of crude oil per day, making it the single largest train in the world. This in turn will enable Nigeria to generate and save foreign exchange, which has been blamed for the country’s current economic woes. The project will also provide 90 megawatts of electricity through its multi-million-dollar sub-sea pipeline project.

By Goddy Egene(This day)

Lagos is moving
SW IS moving
More investments.

Ilu Eko oni bajẹ

Wen will this gigantic project going to start? Enough of the hyped

Babzrockman:
Wen will this gigantic project going to start? Enough of the hyped

Early next year.

seunmsg:


Early next year.

Tnx.

I marvel whenever people condemn dangote on his different business exploits.
Dangote could have chosen the easy path to success in Nigeria,and I daresay that's what 99% of Nigerian business men and women do.
They corner a part of the Nigerian market and become importers while claiming to be assembling the product locally.
Nigeria is where it's today because all we do is import,our so called Industrialist import more than 99.9% of any product they claiming they are producing locally,the 0.01% is the money paid to their labourers to package their products in their different Warehouses.
Dangote took the bold step of building a refinery from bare land yet some people will still come online to condemn him,the insult should be directed at the inept Federal government that can't maintain 4 refineries since the 4th republic started.

Faiththatworks:
I marvel whenever people condemn dangote on his different business exploits.
Dangote could have chosen the easy path to success in Nigeria,and I daresay that's what 99% of Nigerian business men and women do.
They corner a part of the Nigerian market and become importers while claiming to be assembling the product locally.
Nigeria is where it's today because all we do is import,our so called Industrialist import more than 99.9% of any product they claiming they are producing locally,the 0.01% is the money paid to their labourers to package their products in their different Warehouses.
Dangote took the bold step of building a refinery from bare land yet some people will still come online to condemn him,the insult should be directed at the inept Federal government that can't maintain 4 refineries since the 4th republic started.

I do tell people that, even though the gov't has a lot to do with our development economically but the private citizens has a lot to do as well, lots and lots of our so called industrialist and people with good financial capacity never look in the direction of indigenizing what we use as a nation, they rather import and repackage continually no value nor jobs created, they continue this vicious cycle as long as some little change enters their pocket without considering its impoverishment effect on the country.
Look at somebody like Otedola given sole license for diesel for a long time, he kept importing without making any moves toward indigenization which is very bad for the future of a country like Nigeria with her ever exploding population, i'm sure we'll be importing cement in Nigeria today if not for Dangote.

seunmsg:


Early next year.

You are his auditor too, I bet.

Government money converted to private money lol, completely not to anyone advantage but the thieves..

The moment government source freeze whole erection will crash

Ramsak1:
As efforts are being intensified for the imminent completion of the Dangote Refinery in Lagos, the project has been described as an inspiration to private sector operators in the country.
The Chief Executive Officer of Oando Plc, Mr. Wale Tinubu, who stated this during a guided tour of the project in Lagos with leading oil and gas downstream sector operators, said: “With what I have seen, the Dangote Refinery is for Nigeria and Africa.”

He stated that the President of Dangote Group, Aliko Dangote, deserved all the commendations in the world for the courage to build the world’s largest single train refinery in one of the most challenging business environment in the world.
Tinubu noted that he harboured no doubt within him that the refinery, upon completion, would meet the yearnings of Nigerian for product availability, and ultimately de-risk the petroleum sector.

The Oando boss said he felt a sense of pride for being able to witness such feat in the history of Nigeria, noting that: “It is more than just a refinery; it is a revolution; it is about what is possible in Africa by an African, and we are talking about a world class project being done a scale that the world is not used to.
This is happening in an extremely challenging environment in which all of the infrastructure had to be built from the scratch with the attendant huge additional cost, the cost of capital being high, and the risk premium being highest and done with such spectacular precision. I think the world is not going to see many of these sorts of projects. I call it the eighth wonder of my own time.

“It is inspirational, and Dangote deserves all the accolades. This project is of strategic importance to the country and the continent. Nigeria has no functional refinery, and it has 200million people that consume 40million litres a day.
There is nowhere in the world where you have a raw material for something and you do not beneficiate the product to a point where you can consume it in your country. We have been a complete and utter failure when it comes to that and it is taking a private individual to reverse that trend.

“It is an epoch for the country. I think what we should do is to encourage him to complete it. Success for him is a success for the country.”
In his remark, Dangote stated that the refinery is not only a project for Dangote, but also a project for Nigeria.

According to him, “Nigeria should be a leader in building facilities like these as a business initiative. This project will definitely put Nigeria on the map, and surely change the fortunes of Africa.”

He further disclosed that Dangote Group, apart from building a world class projects, is also dedicated to building capacity by resuscitating failing industries such as it did in the cement industry, adding that this has set the precedence in Nigeria.
The Dangote Refinery, upon completion, will refine 650,000 barrels of crude oil per day, making it the single largest train in the world. This in turn will enable Nigeria to generate and save foreign exchange, which has been blamed for the country’s current economic woes. The project will also provide 90 megawatts of electricity through its multi-million-dollar sub-sea pipeline project.

By Goddy Egene(This day)

Dangote is just a front. Period. There is no big deal about him.

No thanks to public sector participation.