Dangote refinery to be commissioned in two weeks by Nigerian President Muhammadu Buhari

Nigerian President Muhammadu Buhari is scheduled to officially inaugurate the massive Dangote oil refinery, a multi-billion-dollar project, in the next two weeks. This marks a significant milestone as construction on the refinery commenced back in 2016.

Nigeria, which holds the title of Africa’s largest oil producer, sees the 650,000-barrel-per-day refinery, undertaken by billionaire entrepreneur Aliko Dangote’s Dangote Group, as a crucial step towards reducing the nation’s heavy dependence on imported refined petroleum products.

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As per Bashir Ahmad, the spokesperson for President Buhari, the inauguration of the Lagos-based refinery is set for May 22nd, just one week before the President’s second and final term ends in accordance with the constitutional limit. While a spokesperson for Dangote has corroborated this commissioning date, no further details have been disclosed.

It’s worth noting that the Dangote refinery, initially estimated to cost $12 billion to $14 billion, has experienced significant delays over the years and now carries a price tag of $19 billion.

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