Dangote Refinery: Things You Should Know About The Company As It Starts Production Today, 22 May, 2023

The long-awaited Dangote Refinery which was established by Africa's richest person, Aliko Dangote has finally been lunched today.

The ceremony was graced by dignitaries from across the world. From some countries' presidents to dignitaries from the oil sector, governors of Nigerian states to governors-elect and so many politicians in the country together with a host of rich people from different sectors where in Ibeju-Leki, Lagos, for the ceremony. 

Listed below are some things worth knowing about the Dangote Refinery that was lunched by President Muhammadu Buhari.

• The oil facility has been designed in such a way that it would be processing crude oil grades from the three continents of Africa, Asia and America.

• That the refinery has the capacity to meet 100 per cent of Nigeria's daily fuel consumption. That is, for Nigeria, the refinery would deliver about 53 million litres of petrol per day; 34 million litres of diesel per day; 10 million litres per day of kerosene; and two million litres of aviation fuel per day. There is also surplus of each of these products for export.

• 100,000 jobs would be created. The Punch reports that a document obtained from the company contains data showing that the Refinery "could support the establishment of 26,716 fillings stations, create 100,000 direct and indirect jobs, and provide Nigerian crude oil market with an income of $21bn annually."

• It is now by far the largest refinery in Africa and the largest single-train refinery in the world as the refinery located , covers approximately 2,635 hectares of land area in Ibeju-Lekki, Lagos, seven times bigger than Victoria Island.

• The refinery is expected to address the over-dependence of African countries on imported fuel. According to THISDAY, about 80 per cent of fuel in Africa are currently imported.

• The refinery also has largest pipeline infrastructure in the world, with 1,100 kilometres to handle three billion Standard Cubic Feet per day (Scf/d) of gas.

• With a 435MW-capacity power plant, the refinery is able to meet the total power requirement of Ibadan Electricity Distribution Company (IBEDC).

• And lot more.