Monday, April 19

Otedola Visits Dangote’s Oil Refinery, Petrochemical Plant In Lagos; Calls It ‘ Wonderland’

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

Mr Otedola on Monday shared photos of his visit to the site on Instagram.

He said:

“Yesterday (Sunday) I visited the Dangote refinery and petrochemical project, what I personally call the DANGOTE WONDERLAND. Not been there in a year and now it’s almost completed! Kudos to my brother Aliko Dangote.”

Otedola last visited the site in January 2020.

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.

They will be powered by gas, which will be sent from the Niger River delta via two 550-kilometre underwater pipelines, which will also cost Dangote about $2.5 billion, Bloomberg reports.

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