Buhari To Inaugurate Dangote Refinery May 22

Buhari is to inaugurate the Dangote refinery on May 22.

Glamtush reports that the Dangote Refinery established by Africa’s richest man, Aliko Dangote, is scheduled to be commissioned on Monday, May 22.

According to presidential aide, Bashir Ahmad, the inauguration Will be done by President Muhammadu Buhari.

In a tweet on his handle, Ahmad said, “Efforts by the Federal Government to make Nigeria self-sufficient in local refining of crude oil to save the scarce foreign exchange used in the importation of petroleum products have received a boost as the 650,000 barrels per day Dangote Refinery, the world’s largest single-train refinery, is set for inauguration on May 22nd, 2023, by President Muhammadu Buhari.”

The invitation read, “Save the date, Mon, May 22, 2023, for the official commissioning of Dangote Oil Refinery and Petrochemicals FZE.”

The Dangote Refinery complex is located in the Lekki Free Zone area of Lagos. The refinery is the biggest in Africa and also the biggest single-train refinery in the world.

A single-train refinery uses an integrated distillation unit or one crude distillation unit to refine crude oil into various petroleum products, as against the use of multiple distillation units by most big refineries.

Dangote announced in late 2013 that his conglomerate had signed an initial $3.3bn loan deal with local and foreign banks to fund the construction of a new oil refinery in Nigeria.