$9bn Dangote Refinery To Begin Test Production By May 2019
The Dangote Industries Group has disclosed that its fertilizer plant would be ready for operations in May 2019.
This is even as the Group revealed that plans are also in place to start selling petrol, diesel and aviation fuel by early 2020 on completion the huge refinery being constructed in Lekki.
Speaking to newsmen during the facility tour at the weekend in Lagos, Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, while commending the Group for its commitment towards bringing the project on stream as planned, expressed satisfaction with the facilities on site, adding that the fertilizer plant which is now fully completed, would become operational before the end of May 2019.
Emefiele said this at the weekend during a facility tour of the project site in Epe, Lagos.
He was accompanied by the Deputy Governor, Financial System Stability, CBN, Mrs. Aisha Ahmad; President of the Dangote Group, Alhaji Aliko Dangote; top officials of the company, as well as project engineers.
Addressing journalists after the tour, the CBN governor noted that the fertilizer plant, which has been completed and due for inauguration in April, is twice the size of Eleme Petrochemical.
He also said when the refinery takes off in the first quarter of 2020, Nigeria would not only be self-sufficient in the production of refined petroleum products, but would join the league of countries that export petroleum products to other countries.
Emefiele said, “You all will attest to the fact that this is certainly a transformational project for Nigeria, and it totally keyed into the objectives of President Muhammadu Buhari that says that we need to think about how to conserve foreign exchange and diversify the economy.
Emefiele assured that Nigeria will not only be self-sufficient in the production of refined petroleum products but will also join the league of countries exporting petroleum products out of the country, once the refinery becomes operational by the first quarter of 2020.