The Dangote Petroleum Refinery Petrochemical Project, a subsidiary of Dangote Industries Limited owned by Aliko Dangote, is expected to be commissioned today, Monday.
Among those expected at the commissioning is President Muhammadu Buhari, who will be commissioning the project.
“Efforts by the Federal Government to make Nigeria self-sufficient in local refining of crude oil to save the scarce foreign exchange used in the importation of petroleum products have received a boost as the 650,000 barrels per day Dangote Refinery, the world’s largest single-train refinery, is set for inauguration on May 22nd, 2023, by President Muhammadu Buhari,” Buhari’s media aide, Bashir Ahmad tweeted.
The refinery is located at Dangote Industries Free Zone, Ibeju-Lekki, Lagos, and it is set up to process crude oil grades from the continent of Africa, Asia, and America, with a delivery of a surplus of close to 38 million litres of petrol, diesel, kerosene, and aviation fuel for Nigeria daily
The refinery set up to refine 650,000 barrels of crude oil per day transforms crude oil into different usage of petroleum products such as diesel, gasoline, jet fuel, and kerosene.
The refinery will produce Euro-V quality gasoline and diesel, as well as jet fuel and polypropylene.
The firm stated that the facility was “designed to process a large variety of crudes including many of the African crudes, some of the Middle Eastern crudes and the US (United States) Light Tight Oil.”
On the target market and petroleum sufficiency, it stated that the refinery could meet 100 per cent of the Nigerian requirement of all liquid products, including gasoline (petrol), diesel, kerosene, and aviation jet, and would also have a surplus of each of these products for export.
“The refinery is designed to use the latest technology to comply with stringent guidelines and regulations to protect the local environment, and at the same time produce the latest environmentally friendly petroleum products for worldwide markets,” the document obtained by The PUNCH from the firm stated.
Five African Presidents expected at the commissioning
No less than five African presidents are expected to attend the commissioning of the Dangote Refinery including President Buhari.
Other Presidents expected include the President of Togo, Gnassingbé Eyadéma; the President of Ghana, Nana Akufo-Addo; the President of Senegal Macky Sall; the President of Niger Republic, Mohamed Bazoum; and the President of Chad, Mahamat Déby.
However, the President of Rwanda, Paul Kagame of Rwanda, will deliver a goodwill message virtually.
Others expected include the President-elect, Bola Tinubu, and other dignitaries across the nation.