Dangote Refinery revamp oil, gas industry- Soyode

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Aliko Dangote

Mr Babajide Soyode, the Technical Consultant on Refinery to Alhaji Aliko Dangote, said the Dangote Refinery, Petrochemical and Fertilizer projects would solve half of Nigeria’s crude oil refining and exporting challenges when completed in 2019.

Soyode told the newsmen in an interview on Thursday in Lagos that the 16-billion-dollar investment would ensure availability of products in the downstream sector.

He said the 650,000 barrels per day refining capacity of the Dangote Refinery, when completed, would significantly boost the economy of Lagos and Nigeria in general, adding that the projects would have great multiplier effect on the nation’s economy.

According to him, the good news is that the refinery alone, when completed, can supply 95 per cent of local daily consumption of petroleum products.

He explained that “Nigeria is likely to be an exporter of…

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