Buhari commissions $2.5 bn Dangote Fertiliser Plant, Africa’s biggest

Also commissions new airport terminal

President Muhammadu Buhari yesterday conducted the tape-cutting ceremony marking the commissioning of the Dangote Fertiliser Plant, with a nameplate capacity of 3 million metric tonnes per annum in Ibeju Lekki, Lagos.

The president inaugurated the $2.5 billion project in the presence of dignitaries including President of Dangote Industries Limited, Aliko Dangote, Lagos State governor, Babajide Sanwo-Olu, Central Bank of Nigeria (CBN) governor, Godwin Emefiele, and Minister of Trade and Investment Niyi Adebayo.

The urea and ammonia fertiliser plant is the biggest of its kind in the world and, combined with a 650,000 barrels-per-day oil refinery standing within its vicinity, will cost Africa’s richest man $17.5 billion, Emefiele revealed at the event.

The test run for the refinery, which is due for launch later this year, began at the facility in March 2020, with the expectation that production would commence later in the year; however, not until the first quarter of 2021 did that happen on account of disruptions from the pandemic outbreak.

President Buhari, also yesterday, commissioned the newly built international terminal of the Murtala Muhammed Airport, Lagos.

The president, during a tour around the project terminal, was informed that the facility was built on a landmass of approximately 56,000 square metres, with 66 check-in counters, and has the capacity to process 14 million passengers annually.

The new terminal is equipped with a censored conveyor belt, 7 jet bridges, 10 ultra-modern cooling systems, heat extraction in the baggage hall, ample space for duty-free shops and banks, recreational areas for children, a 22-room hotel for stop-overs, among others.

Aviation Minister, Hadi Sirika, Yobe State governor, Mai-Mala Buni, among others, also attended the commissioning.

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