Monday, April 19

Femi Otedola Visits ‘Dangote Wonderland’ Second Time in One Month

Billionaire Femi Otedola on Saturday visited the oil refinery and petrochemical plant sites under construction in Lagos by Africa’s richest man Aliko Dangote.

This was his second visit to the place he calls the Dangote Wonderland since February 7.

Mr Otedola captioned a photo from the visit posted to Instagram:

Today I visited the DANGOTE WONDERLAND.

The $15 billion oil refinery will be one of the world’s biggest on completion. It is designed to process 650,000 barrels of crude daily.

The complex will also house a fertilizer factory is estimated at $2.5 billion.

Meanwhile, Dangote Group has suggested for inclusion in the Petroleum Industry Bill a provision that the licence to import petroleum products should be assigned only to companies with active refining licences.

The company said this would encourage investment in local refining.

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