Nation’s richest man pre-tests his $2 billion toy- one of the world's biggest projects in the fertiliser industry   


26 Feb 2020: The Granulated Urea Fertiliser complex, described as a ‘wonder of the world’ is all set to be pre-tested before its grand full-scale production and launch.


The silk-stocking billionaire’s plant is said to be one of the largest plants ( at one location) in the world’s fertiliser industry. The $2 billion plant will save the Nation from a whopping $500 million import substitution and provide it with $400 million worth exports.


The plant located at Dangote Free Zone in Lekki, Lagos is expected to be commissioned in the first quarter of 2020, has a production capacity of 3 million tonnes per annum, and is also expected to create thousands of indirect and direct jobs when full production kicks off.


According to the Gas Sale and Purchase Agreement, the Nigerian Gas Company (NGC) and Chevron Nigeria Limited (CNL) are already supplying 70 million standard cubic feet per day (scf/d) of natural gas to the factory.


According to Devakumar Edwin, the Group Executive Director, Strategy, Portfolio Development and Capital Projects, Dangote Industries Limited “The supply of fertiliser from the plant will be enough for the Nigerian market and neighbouring countries.


“I am happy that by the time our plant is fully commissioned, the country will become self-sufficient in fertiliser production and even have the capacity to export the products to other African countries. Right now, farmers are forced to utilise whatever fertiliser that is available as they have no choice; but we need to know that the fertiliser that will work in one state may not be suitable in another state, as they may not have the same soil type and composition. The same fertiliser you use for sorghum may not be the fertiliser you will use for sugar cane,” he added.

The size of the plant is said to be twice that of Eleme petrochemicals in Rivers, Nigeria.


Reporting for EasyKobo on Wednesday , 26 February 2020 in Lagos, Nigeria


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