Femi Otedola, Nigerian billionaire and Chairman of Geregu Power Plc, has described Africa's wealthiest man, Aliko Dangote's multi-billion-dollar refinery and fertiliser projects as the “8th wonder of the world”.
The billionaire, who recently sold his stakes in Forte Oil Plc, made this known in a tweet after visiting the Dangote refinery site in Lagos, Nigeria. He said he was shocked seeing the development on the sites.
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Narrating his recent experience, Otedola said the Dangote fertilizer project which is ready for commissioning is the second-largest fertilizer plant in the world.
He said the oil refinery is 75% completed, with the petrochemical unit 60% completed.
Dangote fertilizer plant is expected to take off at the end of the first quarter of 2020 and may propel Nigeria towards self-sufficient in fertilizer production. The size of the plant is said to be twice that of Eleme petrochemicals in Rivers, Nigeria.
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