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Economy

Dangote Refinery To Begin Production In 2022 Third Quarter

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TDPel Media

According to Bloomberg, the Chairman of Dangote Group said mechanical work on the refinery is done, and “hopefully before the end of the third quarter we should be in the market”. The business mogul revealed this during a briefing at the plant site in Lagos, Southwest Nigeria. He added that the plant would start with a processing capacity of 540,000 barrels per day. “Full production can start maybe, by the end of the year or beginning of 2023,” he stated. Dangote Petroleum Refinery is a multi-billion dollar project that will create a market for $11 Billion per annum of Nigerian Crude. The cost…

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