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Nairaland Forum / Nairaland / General / Business / 21 Facts About Dangote’s Refinery And Petrochemical Plant (3992 Views)
PHOTOS: Dangote & MD, Nigerian Ports, HB Usman At Dangote Petrochemical Refinery / 20 Facts About Dangote’s Refinery And Petrochemical Plant / 19 Facts About Dangote’s Refinery And Petrochemical Plant (2) (3) (4)
21 Facts About Dangote’s Refinery And Petrochemical Plant by johnca(m): 5:36pm On Jul 03, 2016 |
21 Facts About Dangote’s Refinery and Petrochemical Plant 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. 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 and it will take a lot of pressure off the banks 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. 3 Likes 1 Share
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Re: 21 Facts About Dangote’s Refinery And Petrochemical Plant by Earth2Metahuman: 5:47pm On Jul 03, 2016 |
If only we have 2 dangotes Well, I will be the new competition to dangote. 1 Like |
Re: 21 Facts About Dangote’s Refinery And Petrochemical Plant by fuckpro: 5:51pm On Jul 03, 2016 |
Ok |
Re: 21 Facts About Dangote’s Refinery And Petrochemical Plant by Dottore: 5:56pm On Jul 03, 2016 |
interesting |
Re: 21 Facts About Dangote’s Refinery And Petrochemical Plant by mrvitalis(m): 6:01pm On Jul 03, 2016 |
I respect this man... I will be the dangote of the agric sector and also real estate 1 Like |
Re: 21 Facts About Dangote’s Refinery And Petrochemical Plant by Nobody: 6:04pm On Jul 03, 2016 |
#22.more development for Southwest 1 Like |
Re: 21 Facts About Dangote’s Refinery And Petrochemical Plant by saintkeppy(m): 6:09pm On Jul 03, 2016 |
1 thing i like about Dangote is his sense of investing in Africa &Nigeria in particular. Thats good &very interesting. Atleast this will help alleviate Nigerians of fuel scarcity issues all the time, provides jobs to teeming unemployed youths, shipping companies will be engaged in transporting refined products to the coastal &hinterlands part of the country. If we can have people like Dangote that are willing to invest in our country, then Nigeria will be better, not all these Nigerian politicians owning Refineries abroad where our crude oil is refined then shipped down for us to use, then you imagine the expenses, logistics &procurements which our country, Nigeria will bear. I can't wait to see this Refinery comes on stream &fully operational. 1 Like |
Re: 21 Facts About Dangote’s Refinery And Petrochemical Plant by Horus(m): 6:10pm On Jul 03, 2016 |
https://www.youtube.com/watch?v=MYdCTJQojHE [size=14pt]Aliko Dangote is building the world largest oil refinery right outside Lagos.[/size] Nigeria is Africa's top oil producer, yet it's in the middle of a fuel crisis. The missing link: oil refineries. To address this massive disconnect, billionaire businessman Aliko Dangote is building an oil refinery right outside Lagos. |
Re: 21 Facts About Dangote’s Refinery And Petrochemical Plant by Ajibel(m): 6:11pm On Jul 03, 2016 |
This is quite some interesting fact. Can we possibly have two more of these please? |
Re: 21 Facts About Dangote’s Refinery And Petrochemical Plant by tempest01(m): 6:24pm On Jul 03, 2016 |
This is the competition we need for the government owned refineries to sit up. The government owned refineries should be made to buy crude oil, not allocated the oil. Other private refineries are needed, so that dangotes won't end up as a monopoly. 1 Like |
Re: 21 Facts About Dangote’s Refinery And Petrochemical Plant by johnca(m): 8:18pm On Jul 03, 2016 |
DO YOU KNOW 1.) With just N100,000 per, you will get a plot of land very close to Dangote Refinery(Paradise Gardens Estate is less than 10 mins drive from Dangote Refinery) 2.) That if you buy two plots of Land inside Havilla County Estate, you will get one plot free for more Information and site Inspection Contact: John Agubata 08036374420, 08173133773 jcagubata@gmail.com
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