The Federal Government has adopted the $11billion Dangote refinery, under its new National Petroleum Policy in order to add value to crude oil, reduce high dependence on imported petroleum products and conserve foreign exchange for other developmental projects.
Consequently, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, will today, lead a strong government delegation to inspect the progress of work at the 650,000 plant expected to come on stream in 2019.
Investigations showed that the visit would enable the government know the status of the project, understand problems as well as assist to eliminate hurdles that could delay or scuttle the completion and operation of the plant.
It showed that various segments of the project have either been completed or ongoing at the Lagos-based site.
The Technical Consultant to the President/CEO on Refinery & Petrochemical Projects, Dangote Industries Limited, Babajide Soyode, disclosed that the project was progressing according to plan, adding that the sand filling had been completed while piling was ongoing at site.
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