The refinery, which is situated in Lagos’ Lekki Free Zone, is owned by Aliko Dangote, Africa’s richest and is estimated to have cost 19 billion, with a daily processing capacity of 540,000 barrels of Nigerian crude oil.
The refinery is anticipated to supply all of Nigeria’s needs for refined products, with a surplus left over for export, opening up a market for $11 billion in petroleum products from Nigeria per year.
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