Along with his counterparts from Ghana, Togo, Senegal, Niger, and Chad, President Muhammadu Buhari will today commission Dangote Petroleum Refinery & Petrochemicals, the largest single train refinery in the world, in Ibeju-Lekki, Lagos. This historic event will positively transform Nigeria’s oil and gas sectoral landscape.

Aliko Dangote, the richest man in Africa, is promoting a petroleum refinery that will employ more than 100,000 people and have a daily capacity of 650,000 barrels (bpd). The refinery is situated on 2,635 hectares of land in the Dangote Industries Free Zone in Ibeju-Lekki, Lagos. Nigeria is expected to leave the group of countries with abundant oil reserves but who also import a lot of petroleum products once the enormous project is finished.

Along with other distinguished guests from around the world, Presidents of Togo, Gnassingbé Eyadéma, Ghana’s Nana Akufo-Addo, Senegal’s Macky Sall, Niger Republic’s Mohamed Bazoum, Chad’s Mahamat Déby, and a host of ambassadors are all anticipated to attend the historic event.

Although he won’t be present in person, Rwandan President Paul Kagame will convey his message of goodwill virtually.

As of the time this report was filed, all 36 state governors and the majority of the governors-elect, as well as numerous ministers, senators, and business leaders from both inside and outside of Nigeria, top international bankers, top oil traders, and representatives from international multilateral organizations, have expressed their willingness to attend the ceremony.

Bola Ahmed Tinubu, the incoming president of Nigeria, is anticipated to attend the event. In 2002, while serving as governor of Lagos, he floated the Ibeju-Lekki Free Trade Zone, which is home to the refinery. 

The Dangote Petroleum Refinery’s commissioning is noteworthy because it marks the first time a refinery of this size constructed by a single person has been put into operation.

With the ability to export products outside of Africa, Dangote’s petroleum refinery is anticipated to satisfy the needs of consumers in Nigeria and its surrounding nations.  Due to the reliance of more than 50 member nations of the trade bloc on imported refined petroleum products, the refinery will serve as the main catalyst for the promotion of the African Continental Free Trade Area (AfCFTA).

Emission and effluent standards.  cutting-edge technology. The Facts sheet continued, “Designed to process a wide variety of crudes, including many Middle Eastern, African, and US Light Tight Oil Crudes.

It added: “65 million cubic meters of sand were dredged for about 300 million euros, raising the height by 1.5 meters to guard against any potential effects of rising mean sea level brought on by global warming. increased the local ability for site work by purchasing over 1,209 units of various equipment.

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“332 cranes to increase the capacity for installing equipment. The largest granite quarry in the world was built to supply coarse aggregate, stone column material, stone base, stone dust, and material for break water. 10 million tonnes of production capacity annually.

“Developed a port and built two quays with a 25-ton/square-meter load bearing capacity to bring over-dimensional cargoes close to the site. The company also constructed two more quays in the port with a capacity to handle up to Panamax vessels to export fertiliser and the petrochemicals and two quays to handle liquid cargoes. The port will thus have 6 quays, including a Roll-on/Roll-off quay”, the sheet added