He said this in Lagos on Friday where he was honoured as “Man of the Year 2015’’ by The Guardian Newspapers Limited.
He said that he was working hard with his company to take Nigeria to the next level and that within the next two and half years, Nigeria was going to excel in some critical areas.
“Number one is refinery, Dangote Group is building a refinery which will produce 650,000 barrels of petrol per day; the current capacity that we have as a country now, both the ones that are working and the ones not working, is just 450,000 barrels per day.
“Our petrochemical is ten times that of Eleme, we are at 1.3 million, Eleme is 120,000, so it will be the largest petrochemical industry in Africa.
“In fertilizer production, we are not only trying to satisfy the market, but our size is three million tonnes which is ten times more than what is available in Nigeria today.
“We are trying to make sure we satisfy the local needs and also export and we thought about how to address our power issues, the only way we can address power issues is to have enough gas and sort out distribution.
“Distribution is important because unless you collect money from the consumers, you cannot grow.
“There are two sub-sea gas pipelines coming from Bonny which will produce about three billion volume of gas which is exactly about the same size of LNG.
“We are committed to turning around the economy of Nigeria and in the next two and a half years, Nigeria will be the highest oil petroleum products export country, will be the highest in terms of fertilizer export, will be the highest in petrochemicals export.
“Nigeria will also be the highest in terms of cement export in Africa,’’ he said.
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Conscience at work. This man holds the bulk of Nigeria's stolen wealth. Its a good thing he is giving it back!
ReplyDeleteBut still by that, he has used his influence in all government regime to monopolize everything he puts his hands. In the case of sugar, cement etc.
ReplyDeleteDangote is simply a calculative business man whose government policies usually favours.
DeleteMay God make your dream to help improve Nigeria's economy come true.
Thank you Dangote.
KJoe
Calculative to use nepotism and corruption to get the state to help him kill competition and monopolise? Go and check what happened to Ibeto and Maduako cement. Ignorance is bliss. Before you talk like a drunk in a brothels beer palour use your head.
DeleteCompetition is for the fittest. If you want to remain in business, you must be fit. If you ain't fit, you end up pulling out.
DeleteThis has nothing to do with nepotism my dear.
If you want to be tutored, please show interest.
KJoe
For the fittest or the most nepotism? K Joe do you understand that?
Delete