x

Buhari Set To Inaugurate Dangote Refinery Today

The long-awaited inauguration of Dangote Oil Refinery in Epe, Lagos State is set for Monday (today) with President Muhammadu Buhari billed to do the honours, days before he exits office next week.

The Dangote Group, in a statement Saturday on Twitter, said the refinery will be churning out Premium Motor Spirit (PMS), diesel (AGO), aviation jet fuel and Dual-Purpose Kerosene (DPK), among other refined products.

Behold the spectacle that is Dangote Petroleum Refinery and Petrochemicals 📌#WeAreDangote #EnergyForAll #AfricaEmpowered #DangoteRefinery pic.twitter.com/1baUbTenO1

The CEO Dangote Petroleum Refinery and Petrochemicals, Sanjay Gupta, stated that “everything in this plant by way of size is the first. It is the largest single-train refinery in the world”.

“There is no single column which can process 650,000 barrels per day anywhere else,” he stated.

Ahead of the commissioning, the Lagos State Government on Saturday urged commuters to plan their movement in and out of the Lekki-Epe corridor between 8 am and 2 pm.

In January 2022, the Special Assistant to the President on Digital and New Media, Tolu Ogunlesi in a tweet noted that the “Dangote Refinery and Petrochemical complex in Lekki sits on land that is more than 3 times the size of Victoria Island”.

He added that the fertiliser plant was already producing.

Experts believe that the Dangote Refinery could help achieve macroeconomic stability in Nigeria, however, they say it cannot eradicate all the problems in Nigeria’s oil sector.

The plant which is arguably Africa’s biggest oil refinery and the worlds biggest simple-train facility will no doubt create more employment opportunities for Nigeria’s teeming population.

And while the refinery is a game-changer for the nation’s troubled oil sector, one that will increase human, labor, and capital stock productivity, the experts say Nigeria needs to use its oil revenues wisely, to create a better future, especially as the world is moving toward renewable energy technologies.

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalist As...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

UK Grants Chevening, Commonwealth Scholarships to 85 Nigerians

The United Kingdom has awarded 85 Nigerians the prestigious...

Peller found after being reportedly kidnapped

Popular Nigerian socialite and politician, Shina Peller, who was...

JUST IN: Immigration Increases Passport Fees to N100,000 and N200,000

The Nigeria Immigration Service (NIS) has announced a new...

Goronyo Commends Swift Rescue Response, Reaffirms FG’s Commitment to Waterway Safety

By Muhammad Ibrahim, Sokoto The Federal Government has restated its...

CSOs Eulogize Governor Alia’s Neutrality, Respect for Democratic Values

The Center for Social Justice and Political Reform in...

D-CARES Implementation Applauded at NG-CARES South-South Review Meeting

By Anne Azuka Governor Sheriff Oborevwori has commended the World...

Sokoto Advancement Forum Seeks Partnership with Police on Security

By Muhammad Ibrahim, Sokoto A delegation from the Sokoto Advancement...

Kaduna: Armed Bandits Kill Seven in Kauru LG Fresh Attacks

By Achadu Gabriel, Kaduna At least seven people, including a...
spot_img

Related Articles

Popular Categories

spot_imgspot_img