Business

Buhari inaugurates Dangote refinery, petrochemical company May 22

Dangote Industries Limited says the multi-billion naira Dangote Refinery and Petrochemical company will be inaugurated by President Muhammadu Buhari in Lagos on May 22, 2023.

The Group Chief Branding and Communications Officer, Dangote Industries Limited, Anthony Chiejina, made the disclosure in Lagos on Sunday, May 7.

The facility is expected to produce 650,000 barrels per day with the cost of completion pegged at 19 billion dollars.

The 650,000 barrels per day refinery is expected to boost the Federal Government’s effort to make Nigeria self-sufficient.

READ ALSO: Official: Dangote Refinery’ll end fuel scarcity with 650,000 bpd

The Dangote Refinery complex located in the Lekki Free Zone area of Lagos covers a land area of approximately 2,635 hectares, which is larger than the entire Victoria Island.

The refinery is the biggest in Africa and also the biggest single-train facility in the world.

A single-train refinery uses an integrated distillation unit or one Crude Distillation Unit (CDU) to refine crude oil into various petroleum products.

This is against the use of multiple distillation units by most big refineries.

The Star

Segun Ojo

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