The construction of the fertilizer plant in Dangote Refinery and Petrochemical Complex will be completed in January and March 2018, Africa’s richest man and President of Dangote Group, Alhaji Aliko Dangote has said.

Speaking when the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu visited the refinery complex in Lagos, recently, Dangote stated that the first train of the fertiliser plant will commence operations in January next year, while the second line will be completed in March next year.

Dangote said his company was committed to playing its part in the efforts of the minister and the federal government to comprehensively address the energy crisis in the country.

“As you are aware, we are currently building the world’s largest single line Refinery, Petrochemical Complex and the world’s second largest urea fertiliser plant.

The Refinery will have the capacity to refine 650,000 barrels of crude oil per day. The petrochemical plant will produce 780,000 metric tonnes of polypropylene yearly, 500,000 metric tonnes of polyethylene while the fertiliser project will produce 3.0 million metric tonnes per annum (mmtpa) of urea,” Dangote said..

Dangote added that his company is also building the largest sub-sea pipeline infrastructure in any country in the world, with a length of 1,100 kilometres, to handle three billion standard cubic feet of gas per day.

According to him, the company also plans to construct a 570 megawatt-capacity power plant in this complex.

“As a matter of fact, gas from our gas pipeline will augment the natural domestic gas supply and we estimate an additional 12,000MW of power generation can be added to the grid with the additional gas from our system,” he said.

“We will be adding value to our economy as all these projects will be creating about 4,000 direct and 145,000 indirect jobs. We will also save over $7.5billion for Nigeria annually, through import substitution and generate an additional $5.5billion per annum through exports of the refined petroleum products, fertilizer and petro chemicals. We envisage that these projects, which would cost over $18billion, would be completed in 2019,” he explained.

Dangote solicited the support of the federal government to enable his company to achieve these targets.

Dangote commended the minister for the effort he has put into ensuring availability of petroleum products in the country, as well as his present ongoing efforts at revamping our ailing refineries.

“In addition, the minister has been championing a comprehensive overhaul of the energy sector in Nigeria, with a view to making us a self-reliant nation. I have no doubt that he will succeed in this quest, given his enviable profile,” Dangote added.

http://investorsking.com/dangote-commence-operations-fertiliser-plant-first-quarter-2018/

wow... nice move... I need an idea that will single me out like this for greatness

I hope it works out as planned

Great




Join us

Welcomed development , how i wish all those Hotel builders will follow suit

This guy will soon be the richest man in the world

Na wa ooo. Oga Dangote sofri sofri na only you waka come?

Respect sir!

God bless dangote

Nice one, My mentor.

Those flat-head developers would always ignore good news like this.

This will surely boost the economy and increase employment rate!

Good.
More employment

Good one by Dangote

Impressive.

the crude oil refinery will come to operation in 2020 by my estimation

I love dangote,I wish he could employ me sha

pat077:
I hope it works out as planned

Yes it will work out as planned.. those who will operate the plant are trained already. so don't get it twisted, the man means business.

na lagos abi na ogun d refinery dey?

chinchum:
the crude oil refinery will come to operation in 2020 by my estimation

2019, I predict APC would wanna use it for campaigns.

The highest beneficiary of One Nigeria.

This is man with foresight. Great news.

Sapiosexuality:
The highest beneficiary of One Nigeria.

When others were sleeping away.

I admire Dangote's business ideas. He has a big heart. My respect for Dangote increased when he said his plant is 3 times the capacity of whatever Indorama has.

People think Big! God please give me the kind of heart Dangote has.

Ijaya123:


When others were sleeping away.

Sleeping away? Others where working hard while Dangote was negotiating with Corrupt leaders. Make me the only seller of garri in Surulere and I'd be the richest man there. Even a dunce will achieve what he achieved in a monopoly.

Good one

..i like this challenge, this opening of the fertiliser plant earlier than schedule is a re-action to the opening of the fertiliser plant in PH by elements petrol chemical...dangote wouldn't like the market to hv been bought over b4 he arrives...the problem with this development is that the prizes of food will rise again..because b4 now fertiliser ws subsidised by FG.. which is no more since private enterprises hv entered into the market.so market prices would ruld...eeyah..more hunger

Sapiosexuality:
Sleeping away? Others where working hard while Dangote was negotiating with Corrupt leaders. Make me the only seller of garri in Surulere and I'd be the richest man there. Even a dunce will achieve what he achieved in a monopoly.

But what is your stress sef ahn ahn...... E don do joor
Topic cannot be created without someone shouting one Nigeria or biafra...... Is it only Igbo people that are poor abeg jare it's still too early for this nonsense
Where yhu there when he was begging to monopolize his market

Sapiosexuality:
Sleeping away? Others where working hard while Dangote was negotiating with Corrupt leaders. Make me the only seller of garri in Surulere and I'd be the richest man there. Even a dunce will achieve what he achieved in a monopoly.

Don't mind that guy. Dangote lobbies our leaders for nice policies which favour only him.

bigpicture001:
..i like this challenge, this opening of the fertiliser plant earlier than schedule is a re-action to the opening of the fertiliser plant in PH by elements petrol chemical...dangote wouldn't like the market to hv been bought over b4 he arrives... the problem with this development is that the prizes of food will rise again..because b4 now fertiliser ws subsidised by FG.. which is no more since private enterprises hv entered into the market.so market prices would ruld...eeyah..more hunger

I told someone this. FG can still subsidize shaa of they really want to.

marquay:

But what is your stress sef ahn ahn...... E don do joor
Topic cannot be created without someone shouting one Nigeria or biafra...... Is it only Igbo people that are poor abeg jare it's still too early for this nonsense
Where yhu there when he was begging to monopolize his market

Are you okay? Isn't Dangote the highest beneficiary of One Nigeria?

Sapiosexuality:
Sleeping away? Others where working hard while Dangote was negotiating with Corrupt leaders. Make me the only seller of garri in Surulere and I'd be the richest man there. Even a dunce will achieve what he achieved in a monopoly.

It only means Dangote worked smarter than your hard workers. Nobody gives a dunce a chance at monopoly. No dunce has ever been successful.

Ijaya123:


It only means Dangote worked smarter than your hard workers. Nobody gives a dunce a chance at monopoly. No dunce has ever been successful.

So corruption is now hardwork?