Vice President Yemi Osinbajo paid inspection visit to the Dangote Refinery at the Lekki Free Trade Zone, Lagos, on Saturday, June 25.
Osinbajo was accopmanied by Kayode Fayemi, Minister of Solid Minerals; Kemi Adeosun, Minister of Finance; Babatunde Fashola, Minister of Power, Works and Housing; Okechukwu Enelamah, Minister of Industry, Trade and Investment; Governor Akinwunmi Ambode of Lagos state.
Speaking with journalists shortly after the inspection tour, Ambode said that the refinery, petrochemical, gas and fertilizer projects being undertaken by Aliko Dangote in Lagos would significantly boost the economy of the state and Nigeria in general.
“Firstly, there is a refinery project that is ongoing, second there is a petrochemical project that is also ongoing. There is pipeline transfer project that brings gas from Bonny down to Olokonla and down to Lekki and then the fourth one is the fertilizer project all in one location," he said.
According to the governor, the coming of the vice president to inspect this project is "a sign post that the federal government is in support of what is going on here".
While briefing journalist, Osinbajo, noted that the project is one of the largest and the most ambitious in Africa.
“This is incredible if that can be done because it would be a major strategic asset for Nigeria, It would boost our power supply tremendously,” he stressed.
Dangote that in his turn explained the decision to site the projects in Lagos was due to the investment friendly climate in the State.
“Lagos is one state that is very investor friendly and the governor himself has always been asking what are the issues and he normally put in place steps to resolve those issues immediately,” he said.