{"id":72210,"date":"2023-05-22T19:11:57","date_gmt":"2023-05-22T18:11:57","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=72210"},"modified":"2023-05-22T19:11:57","modified_gmt":"2023-05-22T18:11:57","slug":"dangote-refinery-will-impact-nigeria-economy-generate-12000-megawatts-emefiele","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/dangote-refinery-will-impact-nigeria-economy-generate-12000-megawatts-emefiele\/","title":{"rendered":"Dangote Refinery Will Impact Nigeria Economy, Generate 12,000 Megawatts \u2013\u00a0 Emefiele"},"content":{"rendered":"<div align=\"left\">\n<p dir=\"ltr\">Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele said the newly inaugurated Dangote Refinery will impact Nigeria economy and help the country generate 12, 000 more Megawatts of electricity.<\/p>\n<\/div>\n<div align=\"left\">\n<p dir=\"ltr\">Emefiele gave this assurance while speaking at the commissioning of the refinery in Lagos on Monday.<\/p>\n<\/div>\n<div align=\"left\">\n<p dir=\"ltr\">The CBN governor also stated that over 135,000 permanent jobs will be available to Nigerians as operations get underway.<\/p>\n<\/div>\n<div align=\"left\">\n<p dir=\"ltr\">According to him, the facility is also expected that the refinery saves Nigeria between $25 and $30 billion in forex annually.<\/p>\n<\/div>\n<p dir=\"ltr\">Emefiele noted that, like a venture that continues to give, the refinery will further give the economy an inflow of $10billion yearly.<\/p>\n<div align=\"left\">\n<p dir=\"ltr\">He described the Dangote Refinery is an indication that Nigeria can produce whatever it needs.<\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<\/div>\n<div align=\"left\">\n<p dir=\"ltr\">Recall that the Dangote Petroleum Refinery and Petrochemical Project, a subsidiary of Dangote Industries Limited owned by Aliko Dangote, was commissioned earlier today (Monday) by President Muhammadu Buhari.<\/p>\n<\/div>\n<div align=\"left\">\n<p dir=\"ltr\">The facility is located at Dangote Industries Free Zone, Ibeju-Lekki, Lagos, and expected to process crude oil grades from the continent of Africa, Asia and America, with a delivery of a surplus of close to 38 million litres of petrol, diesel, kerosene and aviation fuel for Nigeria daily<\/p>\n<\/div>\n<div align=\"left\">\n<p dir=\"ltr\">The refinery is also expected to refine 650,000 barrels of crude oil per day and transforms crude oil into different usage of petroleum products such as diesel, gasoline, jet fuel and kerosene.<\/p>\n<\/div>\n<div align=\"left\">\n<p dir=\"ltr\">The refinery will produce Euro-V quality gasoline and diesel, as well as jet fuel and polypropylene.<\/p>\n<\/div>\n<div align=\"left\"><\/div>\n<\/p><!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele said the newly inaugurated Dangote Refinery will impact Nigeria economy and help the country generate 12, 000 more Megawatts of electricity.\u00a0<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":34162,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[9156],"coauthors":[2391],"class_list":["post-72210","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-dangote-petroleum-refinery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - 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