Lagos State Governor, Mr. Akinwunmi Ambode, on Tuesday, said the refinery project being developed at the Lekki Free Trade Zone (LFTZ) by President of Dangote Group, Alhaji Aliko Dangote, would address the perennial fuel scarcity problem in Nigeria and West Africa.
Ambode, who spoke during an inspection tour of the refinery by the Togolese President, Mr. Faure Gnassingbe, expressed optimism that the project would positively change the face of oil and gas business in West Africa.
He said the project, which is the largest single line refinery in the world, was a testament to Lagos status as prime investment destination that has gained investors’ confidence over the years.
He said, “This investment 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 sub-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.”
Ambode also commended the pace of work on the project, saying huge progress had been made by contractors handling the refinery.
He also saluted the doggedness and unwavering desire of Alhaji Dangote to contribute positively to the growth of the Nigerian economy and his confidence in the Lagos economy.