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Home Energy

Nigeria president to commission Dangote refinery this month

FurtherAfrica by FurtherAfrica
May 9, 2023
in Africa, Energy, Nigeria
Reading Time: 1 min read
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Nigerian President Muhammadu Buhari will commission the multi-billion dollar Dangote oil refinery in two weeks, a presidency spokesperson said last week, setting up the plant for its first production since construction started in 2016.

Nigeria, Africa’s biggest oil producer, sees the 650,000 barrels-per-day refinery – being built by billionaire industrialist Aliko Dangote’s Dangote Group – as a solution to ending the country’s reliance on imports for nearly all of its refined petroleum products.

Also read: Nigeria Global Cleantech Innovation Programme now accepting applications

Spokesperson Bashir Ahmad said Buhari will commission the refinery, near Lagos, on May 22, a week before he is due to leave office after serving the maximum two terms allowed by the constitution.

A spokesperson for Dangote confirmed the timing of the commissioning but did not give details.

The Dangote refinery’s cost grew to $19 billion from initial estimates of between $12 billion and $14 billion, after years of delays.

Related

Source: Reuters
Tags: Aliko DangoteBashir AhmadDangote oil refineryEnergyMuhammadu BuhariNigeriaNigeria president to commission Dangote refinery this monthNigerian PresidentNigerian President Muhammadu Buharipetroleum productsнигерияنيجيرياナイジェリア尼日利亚
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