Tuesday 28 June 2016

Dangote Lekki Refinery, Petrochemical Projects Will Boost Nigeria’s Economy-Ambode

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Lagos State Governor, Mr. Akinwunmi Ambode has said that the refinery, petrochemical, gas and fertilizer projects being undertaken by Africa’s richest man and business mogul, Aliko Dangote at the Lekki Free Zone (LFZ) in Lagos would significantly boost the economy of Lagos and Nigeria in general.

 Governor Ambode who spoke to newsmen shortly after an extensive inspection tour of the projects by the Nigeria’s Vice President, Prof. Yemi Osinbajo and some members of the Federal Executive Council, said the projects would have great multiplier effects on the nation’s economy.
 He said, “Firstly, there is a refinery project that is ongoing, second there is a petrochemical project that is also ongoing. There is pipeline transfer project that brings gas from Bonny down to Olokonla and down to Lekki and then the fourth one is the fertilizer project all in one location.”
 He said the projects would also be critical to the economic growth of the Lagos East and West Senatorial Districts which according to him, will be open to massive investment opportunities on completion.
Governor Ambode said the decision of the Vice President to lead the inspection visit to the projects was a signpost to the benefits inherent not just for the State but to the nation.
He assured that his administration would provide the necessary support to ensure that the projects are completed within schedule.

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