Dangote Group said its 650,000 barrels per day capacity refinery currently under construction in Lagos would come on stream by the end of 2018.

Alhaji Ahmed Mansur , the group’s Executive Director, Stakeholders’ Relations/Corporate Communications, announced this during a media parley in Abuja on Tuesday.

He said this would ultimately end fuel importation, adding that the refinery’s daily production capacity would be 150 per cent of the current total demand of petroleum products in the country, saying that the excess would be exported to other countries.

Aliko Dangote

Mansur said a 1.3 million metric tonnes per annum petrochemical plant was also under construction at the refinery site in Lekki, Lagos.

In addition, he said a fertilser company with capacity to produce 2.8 million metric tonnes of assorted fertilisers was also being added to help the country to achieve food security.

Mansur said the company had also diversified into gas business as it had started constructing a gas pipeline from the South East to Lagos.