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Dangote refinery completes light testing of the world’s biggest crude unit heater

Posted by DanbelPro@InvLtd on January 28, 2021
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Dangote Refinery remains the most talked about and anticipated project in Nigeria. Since major structural construction commenced in 2017, Nigerians have patiently waited for the completion thanks to the massive benefits a functioning refinery can bring to the economy.

 

Economists say the refinery will eliminate Nigeria’s reliance on imported refined oil products, meeting 100% daily consumption of Nigerians. Additionally, the refinery will create $11 billion per annum or Nigerian crude oil as well as create hundreds of thousands of direct and indirect jobs.

 

Expected to commence operations in the first quarter of 2021, a major milestone was reached yesterday as the refinery completed light testing of the world’s biggest crude unit heater.

 

With the refined crude products expected to be transported to several locations around the nation by road and water through the new Lekki Seaport, as Dangote Group’s Director, Devakumar Edwin ruled out the construction of pipelines, The Lagos State government has commenced plans to build a road linking the refinery with the Benin-Sagamu expressway through Lekki-Epe Expressway.

 

This road will pass through the fast-growing Oju-Agbe Community with Windspring Estate located right on the border of the superhighway.

 

Investors are rushing to buy into this area because of its unique and central location. You can get easy access to Lagos with the estate less than 40 minutes away from Ajah and few minutes away from Lekki Free Zone (In comparison, you have to drive for over an hour to reach estates located close to Lekki free zone through Eleko). The estate is also located at a safe distance from the refinery for clients who fear potential environmental hazards due to the refining process.

 

This is the best time to buy into Windspring Estate as history has taught us that major industrial development coupled with population growth could drive the price of undeveloped land to astronomical levels.

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