MAN Congratulates Dangote Group on Commissioning of Petroleum Refinery
The Manufacturers Association of Nigeria, (MAN), has congratulated the President and Management of Dangote group on the completion and commissioning of its Petroleum Refinery in Lagos.
Segun Ajayi-Kadir, Director General MAN, stated that it is heartwarming to note that the Refinery can meet 100 per cent of Nigeria’s requirement for all refined products (Gasoline, 57 million litres per day; Diesel, 27 million litres per day; Kerosene, 11 million litres per day and Aviation Jet, 9 million litres per day) as well as have a surplus of each of these products for export.
DG MAN hinted that the refinery has the capacities that will bring to pleasant end, the nightmare of long queues at petrol filling station, the disruption of social as well as economic activities.
He disclosed that the refinery when fully operational is expected to generate $10 billion from the export of refined petroleum products and save Nigeria an estimated $10 billion in foreign exchange.
He added “With state-of-the-art technology, the refinery is designed to produce with 100 per cent Nigerian Crude with the flexibility to process other crudes from Africa, Middle East, and US Light Oil. It has a Self-sufficient Marine facility with the ability for freight optimization. With the Largest Single order of 5 SPMs anywhere in the world, Diesel & Gasoline Products from the refinery will conform to Euro V Specifications. The refinery design complies with the World Bank, US EPA, European emission standards, and the Department of Petroleum Resources (DPR) emission/effluent standards.”
Ajayi-Kadir highlighted that to cushion the potential impact of increase in mean sea level due to global warming, the company took appropriate measures using the world’s largest, 2nd and 10th largest dredgers to elevate the sea height by 1.5 metres.
Dangote Group, he added, is one of the few companies in the world executing a Petroleum Refinery and a Petrochemical complex directly as an Engineering, Procurement, and Construction (EPC) Contractor. Globally, apart from three companies, no individual owner has done the complete EPC Contract for a Petroleum Refinery.
MAN DG noted that on employment, the Refinery offers the highest number of employees by any private company, including 100,000 indirect employments at retail outlets; 26,716 filling stations and 129 depots in Nigeria.
“Quite interestingly, the16,000 trucks for transport will create additional jobs and, in the process, the company has trained over 400 artisans selected from host communities in the areas of Masonry, Carpentry, AC Electricians, Plumbing, Welders, Iron-benders and Auto Mechanics,” he stressed.
“For all the determination and trail blazing zeal to bring this dream into reality, we congratulate the President/CEO of Dangote Group, Alhaji Aliko Dangote, GCON on the occasion of the official commissioning of this pride-of-Africa birthed-in-Nigeria project,” Ajayi-Kadir concluded.