The Federal Government has disclosed that it is relying on the Dangote refinery to fulfil its promise to end fuel importation by December 2019.
The Minister of State for Petroleum Resources, Mr Ibe Kachikwu, who visited the Dangote oil Refinery site at Lekki free trade Zone, in Lagos said government was ready to play its part to assist in completing the project before the scheduled date.
He said there would be more chances of meeting the 2019 target if the group is able to complete its refinery before the date.
He said: “It is good to say that private sector is the answer to Nigeria’s problems with a project as big as this. The challenge I will give you today is that of time; I see your time for completion is 2019 December, but I am sure you will understand my greed if I tell you that the refinery component of this project should come earlier than the set date.
“I have made very firm commitment to Nigerians that I must stop the importation of petroleum products by 2019 and I am going to keep to it. It is absolutely important that we do this early and given the feat that we have achieved in terms of speed of construction and I urge you to do all within you to achieve its completion before the due date.
“I am sure His Excellency President Buhari will be absolutely enthused if he were to find himself, not only crystallizing the policy position we have taken so far, but also coming here himself to come and open a facility as big as this before the end of his first term. Whatever configurations your engineers have come up with, I urge that they go back to the drawing board and get me my refined products before your said date.”
Meanwhile, Alhaji Aliko Dangote has explained that his group is building the world’s largest single line Refinery, Petrochemical Complex and the world’s second largest Urea Fertiliser plant.
The Refinery, according to him will have the capacity to refine 650,000 barrels of crude oil per day. The Petrochemical Plant will produce 780 KTPA Polypropylene, 500 KTPA of Polyethylene, while the Fertiliser project will produce 3.0 million metric tonnes per annum (mmtpa) of Urea.