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Buhari Commissions Dangote Refinery In Lagos

President Muhammadu Buhari on Monday commissioned the 650,000 barrels per day Dangote refinery located at the Lekki free zone near Lagos. The pipeline infrastructure at the refinery is said to be the largest in the world with 1,100 kilometres and will handle 3 billion standard cubic foot of gas per day.

Built by Africa’s richest man, Aliko Dangote, the massive complex is one of Nigeria’s single largest investments. It has a 435-megawatt power station, deep seaport and fertilizer unit.

The refinery is expected to meet 100 per cent of the Nigerian requirement of all refined products and also have a surplus of each of these products for export. It is designed to process Nigerian crude with the ability to also process other crudes.

The refinery will produce Euro-V quality gasoline and diesel, as well as jet fuel and polypropylene. The management of Dangote refinery says the design complies with the World Bank, US EPA, European emission norms and the Department of Petroleum Resources (DPR) emission/effluent norms.

The refinery is also expected to create a market for the $1 billion per annum Nigerian crude, in addition to foreign exchange earnings of $9.9bn.

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

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