Dangote Fertiliser Plant To Begin Operations Next Week

The President, Dangote Group, Aliko Dangote, has said the $2bn granulated urea fertiliser plant, located at Ibeju Lekki, Lagos, will start operations next week.

He disclosed this in Lagos on Saturday, during a tour of facilities by the Governor of Lagos State, Mr Babajide Sanwo-Olu, at the Lekki Free Trade Zone and Dangote petrochemicals and refinery complex.

The fertiliser plant has a name-plate annual capacity of three million tons of urea and ammonia.

It is also being constructed in the Lekki Free Trade Zone area which houses other plants and factories including the 650,000 barrels per day Dangote Refinery and Lekki Port.

This makes Dangote fertiliser plant, the only urea exporting company in Sub-Saharan Africa, both the fertiliser and petrochemicals plants are capable of generating $2.5 billion annually.

The Governor of the Central Bank of Nigeria, Godwin Emeiele, had assured that arrangements have been to allow the Dangote Refinery sell refined petroleum products in naira when it starts production which will save foreign exchange for the country.