… To end fuel importation
The world’s largest single-train 650,000 barrels per day Dangote Petroleum Refinery is expected to produce 65.4 million litres of Petrol (PMS), Diesel (AGO), Aviation Jet fuel, and Kerosene (DPK) daily when it becomes operational.
This according to analysts will help Nigeria to end fuel importation, reduce cost of supply and eliminate wasting of foreign income accrued from sales of crude oil in the international market.
This high volume of petroleum products from the Dangote Refinery will transform Nigeria from a petrol import-dependent country to an exporter of refined petroleum products. The company’s plan is to satisfy Nigeria’s demand for petrol, aviation fuel, kerosene and diesel, leaving a surplus for export.
According to the Group Executive Director, Strategy, Capital Projects & Portfolio Development, Devakumar Edwin, the refinery is being designed to accommodate multiple grades of domestic and foreign crude and process these into high-quality gasoline, diesel, kerosene, and aviation fuels that meet Euro V emissions’ specifications, plus polypropylene.
He said the refinery would also include a crude distillation unit, single-train residual fluid catalytic cracking unit, diesel hydro treating unit, continuous catalyst regeneration unit, alkylation unit, and a polypropylene unit. “The project will provide thousands of direct and indirect jobs and add value to Nigeria’s economic development. It will lead to significant skills transfer and technology acquisition opportunities in the country”, he added.
Edwin disclosed that the company is also constructing the largest fertiliser plant in West Africa with the capacity to produce 3.0 million tonnes of Urea per year. The Dangote Fertiliser complex consists of Ammonia and Urea plants with associated facilities and infrastructure.
“Dangote fertiliser project is planned to possess unique features like having the largest granulated Urea fertiliser complex under development in the global fertiliser industry, with an investment of $2.0 billion and a capacity of 3 million tonnes per annum, covering some 500 hectares of land”, he added.
Edwin said Dangote Fertiliser will guarantee a substantial saving of foreign exchange in Africa and create surplus Urea for farmers to enhance production of food grains and vegetables.
He noted that the Fertiliser plant’s core indication includes a massive employment generation, which will effect a reduction of transmigration of people from rural to urban centres.
Edwin disclosed that the company has launched youth empowerment and capacity building programme in the communities around the Dangote Refinery.
He added that the programme is geared towards adding value to the lives of the youths and their communities and equip young men with trade skills that would prepare them for better opportunities.
He said: “At Dangote Industries Limited, our corporate social responsibility projects are centred round the development and well-being of the people, especially our host communities. In Ibeju Lekki, we have executed several projects that are enhancing the lives of the people. We have provided boreholes for all the communities, classrooms for the local schools, and we just awarded scholarships to 51 secondary school students.
”This programme is another level of our intervention targeted at providing vocational skills to the youths in our host communities. The youths are veritable assets in any society and their quality determines the outlook of tomorrow’s society. Therefore, an investment in developing vocational skills among youths will yield the desired results”, he added.