Business
All you need to know about new Dangote Refinery
President Muhammadu Buhari will today commission (Monday) the Dangote Petroleum Refinery & Petrochemicals, the world’s largest single train refinery in Lagos.
Promoted by Africa’s richest man, Aliko Dangote, below are facts you need to know about the refinery.
- The refinery is located in Ibeju-Lekki, Lagos, covering a land area of approximately 2,635 hectares (seven times the size of Victoria Island).
- It is the World’s Largest Single-Train 650,000 barrels per day Petroleum Refinery with 900 KTPA Polypropylene Plant.
- The 435 MW Power Plant in the Refinery alone will be able to meet the total power requirement of Ibadan DisCoof 860,316 MWh covering five States including Oyo, Ogun, Osun, Kwara and Ekiti.
READ ALSO: Dangote plans for Nigeria’s self-sufficiency in cement, petroleum, others
- Dangote Petroleum Refinery can meet 100% of the Nigerian requirement of all refined products (Gasoline, 53million litres per day; Diesel, 34m litres per day; Kerosene, 10 million litres per day and Aviation Jet, 2 million litres per day) and also have surplus of each of these products for export.
- It is designed for 100% Nigerian Crude with flexibility to process other crudes.
- Self-sufficient Marine facility with ability for freight optimization. Largest single order of 5 SPMs anywhere in the world.
- Designed to process a large variety of crudes including many of the African Crudes, some of the Middle Eastern Crudes and the US Light Tight Oil.
- 65 Million Cubic Metres of Sand dredged costing approx. Euros €300 million, using the world’s largest, the second largest and the tenth largest dredgers to elevate the height by 1.5 metres, to insure against any potential impact of increase in mean sea level due to global warming.
- Bought 332 cranes to build up equipment installation capacity since the current capacity in Nigeria is extremely poor.
- Built the world’s largest granite quarry to supply coarse aggregate, stone column material, stone base, stone dust & material for break water. (10 million tonnes per year production capacity).
- Developed a port and constructed two quays with a load bearing capacity of 25 tonnes/ sq meter to bring Over Dimensional Cargoes close to the site directly.
- Constructed two more quays in the port with a capacity to handle up to Panamax vessels to export the fertiliser and the petrochemicals, and two quays to handle liquid cargoes. The port will thus have 6 quays, including a Roll-on/Roll-off quay.
- In the course of the civil works, some days 700 piles were drilled daily, and the total number of piles came to 250,000.
- It has 177 tanks of 4.742 billion litre capacity.
- Total tanker loading of 2,900. This number is based on the tanker capacity of 33KL.
- Temporary housing units on the premises can house 33,000 persons.
- The Dangote Refinery Plant is a legacy project that will see Nigeria netting $21 billion per annum
-
Latest7 days agoHigh Court opens hearing on Goodluck Jonathan’s 2027 presidential eligibility
-
Crime1 week agoServing police officers arrested with firearms amid escalating Cross River communal crisis
-
Latest6 days agoNigerian Senate reverses standing orders amendment over constitutional concerns
-
Latest3 days agoWike loyalists dominate As APC clears 33 aspirants for Rivers Assembly primaries, 65 disqualified
-
Business1 day agoAnger, debate trail proposed $1.25bn loan amid concerns over Nigeria’s debt surge
-
Featured1 day agoWike dismisses political speculation over meeting with APC Chairman Yilwatda
-
Business1 day agoNigeria’s 2026 debt servicing hits $11.6bn as Tinubu decries global financial inequity
-
Crime2 days agoBritish-Nigerian prisoner escapes after mistaken release from custody

