Dangote Most successful entrepreneur and Legendary Businessman in Nigeria - Faruku Udulu.
Alhaji Faruku Udulu B/Kebbi the Chief Executive Officer of Bentex zully Nigeria limited have expressed optimism that the proposed Dangote Refinery and the fertilizer Plant would bring development across the country.
When completed, the refinery will be the world’s largest single line refinery, Petrochemical Complex, and the world’s second largest Urea Fertiliser plant. According to Faruk, the refinery will have the capacity to refine 650,000 barrels of crude oil per day.
"Our dream of ending fuel importation could materialize if the $12bn refinery is ready".
He said The Petrochemical Plant is also expected to produce 780 KTPA Polypropylene, 500 KTPA of Polyethylene, while the Fertiliser project will produce 3.0 million metric tons per annum of Urea, and will be adding value to our economy as all these projects will be creating about 4,000 direct and 145,000 indirect jobs.
Faruku Udulu further stated that the Urea Fertilizer plant was built to tap into Nigeria’s demand for fertilizer, a critical component of achieving food sufficiency for Africa’s most populous country.
The Fertilizer plant is expected to manufacture 3 million metric tonnes of urea per annum, with a view to reducing the nation’s fertilizer imports, and generating $400m annual foreign exchange from export to Africa countries
"The Dangote Fertiliser plant, has created thousands of direct and indirect jobs in construction and related fields, will provide a major boost to the agricultural sector by significantly reducing the importation of fertiliser in Nigeria and ultimately removing the need for imports when plant is in full production".
"The completion of Dangote Fertiliser has made Nigeria the third-highest country in terms of capacity additions, with a capacity of 11.58 million tpy by 2030."
He commended Dr. Adenike Fajemirokun the Group Executive Director of Dangote for the remarkable display of resilience, and improved performance despite the adverse impact of the Covid-19 pandemic on the global and local economic environment.
"Dr. Adenike deserve to be commended for enhancing greater performance of the Dangote group".
Applauded the Board and Management of Dangotefor the significant growth and
commended the Directors for the roles it has been playing in supporting the working class.
He described the Fertiliser plant as a pan-African global setting event. "The continent through the actions of the visionary and audacious son of Nigeria and the African, Aliko Dangote industrial Nigeria-Africa is finally emergent".
Commended Dangote for establishing his fertilizer plant and Refinary industry which is under construction and thereby boosting the economy of our nation.
“I appreciate Dangote Group for its decision to establish a Refinery and the fertilizer factory which is currently producing and we believe that the company’s investment will contribute to the development of the nation", Faruk added.
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