Lagos State Governor, Mr. Akinwunmi Ambode has said that the largest single line refinery in the world being developed at the Lekki Free Trade Zone (LFTZ) by Africa’s richest man and business mogul, Alhaji Aliko Dangote is another confirmation that Lagos is a prime investment destination, saying that the project will positively change the face of oil and gas business in the West African region.
Governor Ambode, who spoke at the LFTZ during an extensive inspection tour of the Dangote Refinery by the Togolese President, Mr Faure Gnassingbe, said the refinery eloquently attests to the fact that there is a positive investment climate in Lagos which has resulted in massive investor confidence.
The Governor said: “This investment
(Dangote Refinery) is one of the biggest in Africa today and will have a
huge impact on the economy of not only Nigeria but the whole of West
African region.
“This refinery, when completed, will be
the largest single line refinery anywhere in the world refining 650,000
barrels of crude oil daily.
“Apart from creating jobs, this refinery
will contribute immensely to solving the fuel supply challenge in the
West African region,” Governor Ambode said.
The Governor expressed satisfaction with
the level of work done on the project so far, saying that he was happy
that a lot of progress had been made.
He commended Dangote for his vision,
doggedness and unwavering desire to contribute positively to the growth
of the Nigerian economy, as well as his confidence in the Lagos economy.
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