President William Ruto of Kenya has described the success of the Dangote Refinery as a testament to what African governments, investors and financial institutions can achieve through collaboration.
Ruto made the remarks during his visit to the Dangote Refinery in Lekki, Lagos, at the invitation of Dangote Group President and Chief Executive Officer, Aliko Dangote, ahead of next week’s groundbreaking ceremony for the Dangote East African Refinery in Lamu, Kenya.
In a post on his X handle on Friday evening, Ruto described the Nigerian refinery as a massive investment, saying it has a crude oil refining capacity of 700,000 barrels per day and produces more than 100 million litres of petrol, diesel and aviation fuel daily.
”Toured the Dangote Refinery in Lekki, Lagos State, Nigeria, at the invitation of Dangote Group President and CEO @AlikoDangote ahead of our groundbreaking ceremony for the Dangote East African Refinery in Lamu, Kenya, next week.
”The refinery in Nigeria is a massive investment with a crude oil refining capacity of 700,000 barrels a day and produces more than 100 million litres of petrol, diesel and aviation fuel every day. The company has built 120km of sea cables to move crude from ships to the refinery.
‘This huge achievement is a testament to what African governments, investors and financial institutions can do together,”
He, however, assured that the Kenya version of the refinery will be bigger than what he saw in Lekki, adding that it will transform the petroleum sector in the East African nation, providing fuel reliability and security, scaling up industrialisation and creating 60,000 jobs.
”The refinery whose construction we launch in Kenya next week will be bigger. It will transform the petroleum sector in our country and region, providing fuel reliability and security, scaling up industrialisation and creating 60,000 jobs.
”When the refinery is completed, spin-off industries will emerge, including the production of fertilisers, chemicals, and packaging,’ he said
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