THE Nigerian Institution of Estate Surveyors and Valuers, NIESV, has commended the foresight behind the conception of the Dangote’s world largest single refinery train, describing it as real change that will alter Nigeria’s economic landscape for good.
Chairman of the Lagos branch of the Institution, Mr. Offiong Samuel Ukpong, expressed surprise at the magnitude of the project after leading his members on tour of the Dangote Fertilizer and Refinery sites at Lekki Free Trade Zone, Ibeju-Lekki, Lagos, weekend.
He said the economic benefits of the projects to Nigerians and Nigeria would be such that Nigeria would almost transit from a developing country to a developed one on account of the forex that would be generated and saved for the nation.
Earlier, Mr. Rama Rao, Dangote Refinery Project Director, who received the team, took them through the uniqueness of the Dangote Refinery saying it would on completion refine 650000 barrels of crude per day, describing it as the single largest train in the world.
The project, he also, is being designed to refine variety of crudes and would help Nigeria’s conserve foreign exchange and wold at the same time generate forex for Nigeria.
He also disclosed that the refinery is also coming with a multi million dollar subsea gas project that will provide close to 90 mw electricity.