The Dangote Refinery and Petrochemical Plant is
promoted by the Nigerian multinational industrial conglomerate – Dangote Group. The group is founded by Aliko
Dangote, said to have a net worth of $10.9 billion,
according to Forbes 2019 list of black billionaires.
The expansive project, covering an area of 2,635 hectares, and
located in Idasho community, near Akodo
town, Ibeju Lekki, on the
outskirt of Lagos, is said to be capable of meeting 100 per cent of Nigeria’s
requirement of all liquid products – gasoline, diesel, kerosene, aviation jet
fuel and fuel oils, and also with capacity to export.
It
is said to encompass the world’s biggest fertilizer plant with a capacity of
three million tonnes per annum; subsea pipeline
infrastructure spanning 1,100 kilometres, and a 480MW
power plant to serve the complex.
A seaport
is also under construction on the site, with its first phase already completed.
The refinery is planned to be the world’s largest single-train
petroleum refinery, with a capacity of 650,000 barrels per day and 838 Kilo Tonnes Per Annum (KTPA) polypropylene plant.
With an estimated $12 billion already invested, and the failure
to meet the 2019 completion deadline, there is a race against time, especially
since the project is partly funded by a loan from a consortium of financial
institutions.
Some of the workers at the site, who spoke to our reporter on
the condition of anonymity, agreed that the target deadline may have informed
the decision to throw caution against COVID-19 into the bin by both the
promoter and the contractors.
President Muhammadu Buhari on March 29 declared total lockdown in Lagos, Ogun and Abuja – Nigeria’s Federal Capital Territory (FCT),
as part of measures to contain the rampaging coronavirus disease.
The total lockdown lasted between March 30 and May 3.