Thursday 3 November 2016

21 FACTS ABOUT DANGOTE'S REFINERY IN LAGOS...

                   DANGOTE REFINERY DOCUMENTARY...



After many decades of failure by the Nigerian government to build modern refineries as a solution to the incessant fuel scarcity in the country, a new dawn is breaking with the Dangote Refinery in Lekki, Lagos, a private sector investment by Alhaji Aliko Dangote, Nigeria’s foremost business tycoon, adjudged by Forbes as the richest man in Africa. Dangote represents a beacon of hope and inspiration in Nigeria.
His vision for business development in Africa and Nigeria in particular is incomparable and unprecedented. Nigeria is indeed blessed to have him as one of her eminent citizens. His impacts on the sociology-economic development of the country resonate in different sectors of the economy.
Some facts about the Dangote Refinery worth knowing:

1. Over $4 billion worth of equipment currently sit on the site, with works on-going.

2. The project is slated to cost 14 billion (N2.8 trillion) of which Dangote is contributing $7 billion in equity.

3. The project site is larger than Victoria Island. It is located on 2135 hectares of land in Epe, Lagos near the Lekki Free Zone.

4. It is the largest industrial complex in Africa.

5. Work goes on, on the site, 24 hours a day, 7 days a week.

6. World Record 2.72 million accident free hours recorded on site, without a single lost time to injuries.

7. It is the largest single train grassroots refinery in the world with a processing capacity of 650,000 barrels per day.

8. Dangote Group brought in the world’s #1, #2, and #5 sand dredgers to sand fill the site, 60% of the land being swampy. So far these dredgers have reclaimed 13 million m³ out of 30 million m³.

9. During construction, the project will employ over 25,000 Nigerians who will be working in shifts.

10. Dangote is investing over $7 billion (N1.4 trillion) in the project.

11. It is the largest single train refinery project on the planet.

12. When this project comes online, Nigeria will save a minimum of $10 billion a year on imports.

13. The Ammonia component of the plant will produce 2.8 million tonnes of Urea.

14. Dangote is producing its own electricity to power the plant and by so doing is saving 75% costs. Dangote produces electricity at a rate that is significantly cheaper than the Federal Government. Dangote’s cost is $400,000/MW, while Federal Government is $2,000,000/MW.

15. All the civil engineering is done by Nigerian companies.

16. The plant has an export value of $6 billion per annum, meaning Dangote’s efforts will increase the amount of foreign exchange in Nigeria’s foreign reserves by at least 40% of current value on a yearly basis.

17. Dangote said when this project comes on line, his friend Femi Otedola will save at least N26 per litre on millions of litres of diesel and petrol which his companies import annually. This savings will be passed on to the consumers and it will take a lot of pressure off the banks.

18. Billions of Naira were paid to acquire the land and to settle the existing communities. More money was also allocated and spent to relocate the existing communities.

19. This project will restore the dignity of Nigeria, a crude producing country that has for years gone abroad to meet its demand for refined products.

20. Refined products to be produced at the plant include but is not limited to propane, petrol, Jet Fuel, Diesel, Kerosene, Carbon Black, Polypropylene, Polyethylene.

21. The United States Trade and Development Agency is supporting this project with $997 million
Very massive project to stand in the Ibeju-Lekki axis come 2019.

********Source: Google search***********

If a business mogul like Aliko Dangote can spend over a $100 million on the 2,135 hectares of land (in Ibeju-Lekki) where the project will be standing on, then anybody with even 700k & above should be thinking of doing same..

Our Estate's & Garden's are located just few minutes from this Refinery and it cost just 700K to 5million to acquire a full plot in this Estate.

You deserve the best in life.
Desire good and wonderful things of life and as you work smart and believe God, they will become yours. Have faith!

For more information on land/property, contact
BRIGHTEL PROPERTIES LTD.

+23470342583290 (WHATSAPP)
FACEBOOK: @brightelrealestate / PROPERTIES FOR SALE @ LEKKI & IBEJU-LEKKI
SKYPE: Brightel properties
EMAIL: Brightelproperties@gmail.com



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