Dangote Refinery To Meet 100% In-country Consumption Requirement – Report - Latest News
He stated that the 650,000 barrels-per-day refinery would stimulate economic development in Nigeria. According to Edwin, Dangote Petroleum Refinery can meet 100 per cent of the Nigerian requirement of all liquid products , and also have surplus of each of these products for export.
He stated that this would create a market for $11 billion per annum of Nigerian crude and foreign exchange savings/earnings $9.9 billion. He noted that, “we have impacted on job creation with 3,580 Nigerian personnel on site, excluding employment by the various contractors and subcontractors at the site.”
Also, president of the African Development Bank , Akinwumi Adesina described Dangote Refinery projects as the best industrialised project to happen to Africa, saying this project would positively affect the economic growth and development of not only Nigeria but Africa as a continent.
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