{"id":16664,"date":"2017-11-03T21:06:03","date_gmt":"2017-11-03T21:06:03","guid":{"rendered":"http:\/\/newsroom247.com.ng\/?p=16664"},"modified":"2017-11-03T21:06:03","modified_gmt":"2017-11-03T21:06:03","slug":"dangote-refinery-facts-why-niger-delta-may-loose-300000-jobs","status":"publish","type":"post","link":"http:\/\/newsroom247.com.ng\/?p=16664","title":{"rendered":"DANGOTE REFINERY FACTS: WHY NIGER DELTA MAY LOOSE 300,000 JOBS"},"content":{"rendered":"<p><code><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><br \/>\n<!-- www.deltanewsroom.com --><br \/>\n<ins class=\"adsbygoogle\" style=\"display: block;\" data-ad-client=\"ca-pub-2163942495525027\" data-ad-slot=\"1411897411\" data-ad-format=\"auto\"><\/ins><br \/>\n<script>\n(adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><\/code><\/p>\n<div dir=\"auto\">1. Over $4 billion worth of equipment currently sits on the site.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">2. The project is slated to cost $14 billion (N5 trillion) of which Dangote is contributing $7 billion in equity.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">3. The project site is 8 times larger than Victoria Island. It is located on 2135 hectares of land in Ibeju-Lekki, Lagos near the Lekki Free Zone.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">4. It is the largest industrial complex in Africa.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">5. Work goes on, on the site, 24 hours a day, 7 days a week.<\/div>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.alternativeadvert.com\/show.php?z=30&amp;pl=14949&amp;ad_type=59&amp;rl=180\" width=\"300\" height=\"250\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">6. World Record 2.72 million accident free hours recorded on site, without a single lost time to injuries.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">7. It is the largest single train grass roots refinery in the world with a processing capacity of 650,000 BPSD.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">8. Dangote Group brought in the world\u2019s #1, #2, and #5 sand dredgers to sand fill the site. 60% of the land being swampy.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">9. During construction, the project will employ over 25,000 Nigerians and will employ over 300,000 workers upon completion.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">10. Dangote is investing over $7 billion (N1.4 trillion) in the project.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">11. It is the largest single train refinery project on the planet.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">12. When this project comes online, Nigeria will save a minimum of $10 billion a year on imports.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">13. The Ammonia component of the plant will produce 2.8 million tonnes of Urea.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">14. Dangote is producing its own electricity to power the plant and by so doing is saving 75% costs. Dangote produces electricity at a rate that is significantly cheaper than the Federal Government. Dangote\u2019s cost is $400,000\/MW, while Federal Government is $2,000,000\/MW.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">15. All the civil engineering is done by Nigerian companies.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">16. The plant has an export value of $6 billion per annum, meaning Dangote\u2019s efforts will increase the amount of foreign exchange in Nigeria\u2019s foreign reserves by at least 40% of current value on a yearly basis.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">17. Dangote said when this project comes on line, his friend Femi Otedola will save at least N26 per litre on millions of litres of diesel and petrol which his companies import annually. This savings will be passed on to the consumers and it will take a lot of pressure off the banks.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">18. Billions of Naira were paid to acquire the land and to settle the existing communities. More money was also allocated and spent to relocate the existing communities.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">19. This project will restore the dignity of Nigeria, a crude producing country that has for years gone abroad to meet its demand for refined products.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">20. Refined products to be produced at the plant include but is not limited to Propane, Petrol, Jet Fuel, Diesel, Kerosene, Carbon Black, Polypropylene, Polyethylene.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">21. The United States Trade and Development Agency is supporting this project with $997 million.<\/div>\n<div dir=\"auto\"><a href=\"http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2017\/11\/DANGOTE-REF..jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-16665\" src=\"http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2017\/11\/DANGOTE-REF.-300x300.jpg\" alt=\"\" width=\"300\" height=\"300\" srcset=\"http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2017\/11\/DANGOTE-REF.-300x300.jpg 300w, http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2017\/11\/DANGOTE-REF.-150x150.jpg 150w, http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2017\/11\/DANGOTE-REF.-80x80.jpg 80w, http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2017\/11\/DANGOTE-REF.-40x40.jpg 40w, http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2017\/11\/DANGOTE-REF.-64x64.jpg 64w, http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2017\/11\/DANGOTE-REF.-75x75.jpg 75w, http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2017\/11\/DANGOTE-REF..jpg 533w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>1. Over $4 billion worth of equipment currently sits on the site. 2. The project is slated to cost $14 billion (N5 trillion) of which Dangote is contributing $7 billion in equity. 3. The project site is 8 times larger than Victoria Island. It is located on 2135 hectares of land in Ibeju-Lekki, Lagos near [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":16665,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"ngg_post_thumbnail":0,"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[1],"tags":[4292],"class_list":["post-16664","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-lekki-free-zone"],"jetpack_featured_media_url":"http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2017\/11\/DANGOTE-REF..jpg","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4oswh-4kM","_links":{"self":[{"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/posts\/16664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16664"}],"version-history":[{"count":1,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/posts\/16664\/revisions"}],"predecessor-version":[{"id":16666,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/posts\/16664\/revisions\/16666"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/media\/16665"}],"wp:attachment":[{"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16664"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}