Nigeria Governors’ Forum (NGF) Friday embarked on facility tour of the petrochemical refinery and fertiliser projects being constructed by Dangote Group at Ibeju-Lekki area of Lagos State.
The Lekki Free Trade Zone is going to be the most priced in the Lagos Lekki axis Property investors are rushing to get a suitable place before it becomes too expensive within the next few months.
Commercial land are situated next to Dangote Refinery , they are near the Lekki Deep seaport . some of these land are facing the Ocean which makes it appropriate for the hospitality business such as Hotels ,Guest House,recreational industry etc
Apart from these aforementioned the commercial land are near the industrial layout which is the major reason why values continue to appreciate in this area for the past 5 years.
On this visit for six hours, the President of Dangote Group, Alhaji Aliko Dangote, conducted the governors round the $12 billion projects initiated in 2016 to eliminate Nigeria’s dependency on imported petrochemical products.
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The Lekki Free Trade Zone is going to be the most priced in the Lagos Lekki axis Property investors are rushing to get a suitable place before it becomes too expensive within the next few months.
Commercial land are situated next to Dangote Refinery , they are near the Lekki Deep seaport . some of these land are facing the Ocean which makes it appropriate for the hospitality business such as Hotels ,Guest House,recreational industry etc
Apart from these aforementioned the commercial land are near the industrial layout which is the major reason why values continue to appreciate in this area for the past 5 years.
On this visit for six hours, the President of Dangote Group, Alhaji Aliko Dangote, conducted the governors round the $12 billion projects initiated in 2016 to eliminate Nigeria’s dependency on imported petrochemical products.
The governors, led by the NGF Chairman and Ekiti State Governor, Kayode Fayemi, said the tour was informed by the need to key into the Dangote’s vision and also learn about the progress of the projects. They pledged their support for the two projects, describing them as “growth energisers.”
Sanwo-Olu, who described the petrochemical facility as the “largest single construction site in the world,” said the completion of the refinery would fortify Lagos economy and create irreversible economic growth for the nation
Presently construction site are everywhere in the axis and I have also involve myself in the construction process .Companies are building while estate owners are busy constructing perimeter fences to give their investment a physical representation . On the other hand the Lagos state government is taking the Free Zone as their pet program to ensure complete success of the project
The Governor assured that there would be smooth operation of the refinery whenever it fully takes off, noting that the facility, which is sited within a Free Trade Zone has created multi-national investments.
He said: “It is massive development we are bringing to Ibeju-Lekki neighbourhood with the construction of Dangote refinery and Lekki Deep Seaport. There will be new comprehensive infrastructure we are bringing to this area. We are closing-in on two different road projects out of the Free Zone. One will go to Epe and the other one goes to Ijebu Ode.
“We have just done two strong alignments and we are finalising them. There will be massive infrastructure development around this place sometimes next year. It’s going to be a new ecosystem we are building in this.”
Fayemi, in his remarks, added that Dangote had inspired a new thinking and vision by embarking on the multi-billion dollar projects, noting that the petrochemical initiative had given hope to Nigerian citizens.
According to him, “This is an inspirational initiative, which demonstrates the possibility where government can provide enabling environment for investment, just as our colleague in Lagos State has done for individuals that are serious-minded to excel.
“As governors, we need to provide right incentives and ensure that infrastructural responsibilities are delivered on time. This will also not discourage Alhaji Aliko Dangote to discharge materials that can accelerate completion of this refinery project.”
Fayemi, on behalf of the governors, presented an appreciation letter to Dangote for taking the risk to build the multi-billion dollar projects.
Responding, Dangote promised that his company would continue to invest in human capital and projects that would have direct impacts on Nigerians.
He appreciated members of the Forum for dedicating time to visit to petrochemical project sites. He said the gesture would inspire more investment and growth across the country.
Dangote Refinery announced that it has successfully installed the largest single crude distillation column where different products boil off (from the crude mixture) and are recovered at different temperatures.
"We successfully installed the largest single crude distillation column where different products boil off (from the crude mixture) and are recovered at different temperatures," Dangote Group said on Thursday.
According to Dangote Group, when the refinery is complete and set for operations, it would create massive job employment, distill about 650,000 bpd fuel and save Nigeria a sum of $8 billion spent on refining petroleum products abroad.
The major features of the project are as follows
Sanwo-Olu, who described the petrochemical facility as the “largest single construction site in the world,” said the completion of the refinery would fortify Lagos economy and create irreversible economic growth for the nation
Presently construction site are everywhere in the axis and I have also involve myself in the construction process .Companies are building while estate owners are busy constructing perimeter fences to give their investment a physical representation . On the other hand the Lagos state government is taking the Free Zone as their pet program to ensure complete success of the project
The Governor assured that there would be smooth operation of the refinery whenever it fully takes off, noting that the facility, which is sited within a Free Trade Zone has created multi-national investments.
He said: “It is massive development we are bringing to Ibeju-Lekki neighbourhood with the construction of Dangote refinery and Lekki Deep Seaport. There will be new comprehensive infrastructure we are bringing to this area. We are closing-in on two different road projects out of the Free Zone. One will go to Epe and the other one goes to Ijebu Ode.
“We have just done two strong alignments and we are finalising them. There will be massive infrastructure development around this place sometimes next year. It’s going to be a new ecosystem we are building in this.”
Fayemi, in his remarks, added that Dangote had inspired a new thinking and vision by embarking on the multi-billion dollar projects, noting that the petrochemical initiative had given hope to Nigerian citizens.
According to him, “This is an inspirational initiative, which demonstrates the possibility where government can provide enabling environment for investment, just as our colleague in Lagos State has done for individuals that are serious-minded to excel.
“As governors, we need to provide right incentives and ensure that infrastructural responsibilities are delivered on time. This will also not discourage Alhaji Aliko Dangote to discharge materials that can accelerate completion of this refinery project.”
Fayemi, on behalf of the governors, presented an appreciation letter to Dangote for taking the risk to build the multi-billion dollar projects.
Responding, Dangote promised that his company would continue to invest in human capital and projects that would have direct impacts on Nigerians.
He appreciated members of the Forum for dedicating time to visit to petrochemical project sites. He said the gesture would inspire more investment and growth across the country.
Dangote Refinery announced that it has successfully installed the largest single crude distillation column where different products boil off (from the crude mixture) and are recovered at different temperatures.
"We successfully installed the largest single crude distillation column where different products boil off (from the crude mixture) and are recovered at different temperatures," Dangote Group said on Thursday.
According to Dangote Group, when the refinery is complete and set for operations, it would create massive job employment, distill about 650,000 bpd fuel and save Nigeria a sum of $8 billion spent on refining petroleum products abroad.
The major features of the project are as follows
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Corporate Residential zone
Set in a lush green and Eco-friendly environment, the Corporate Center and residential area will offer residents the work live play experience. The Corporate Center will be surrounded by low-rise commercial office blocks of two to three stories Well-furnished offices, banks,
Food Processing
An area of 68ha of land has been allocated for various food processing industries. Ideally located to take advantage of port connectivity. Readily available warehousing facilities for raw materials and finished products Access to established distribution networks in Nigeria
Lekki Port
A modern efficient multi-purpose deep sea port will occupy an area of 135ha for container, liquid and dry bulk cargoes. Design of the port has been developed to comply with the International Marine Organisation standards. The Port will be the key gateway between Lagos Free Trade Zone and Global markets.
Petrochemical Hub
An area of 64 Hectares in the northern part of the zone has been earmarked for the petrochemical zone. Covering an area of 30 hectares, the tank farms are strategically located to provide direct access between supply and output.
Compiled by
Akeem Agbaje
MD AGHAO HOMES
08055522183
agaogroups@gmail.com
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7 People that Would Not Benefit From The New Nigeria Economy
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