President Muhammadu Buhari has arrived Lagos State for the official commissioning of multi-billion dollars Dangote Fertilizer plant at Ibeju Lekki.
Buhari arrived the Dangote Refinery complex at 11:20am for the official tape cutting.
The fertilizer plant was built at a cost of $2.5 billion, and is capable of producing 3 metric tonnes of urea annually.
According to dangote.com, the plant is Africa’s largest Granulated Urea Fertiliser complex and occupies 500 hectares of land in the Lekki Free Trade Zone.
The plant is also expected to add well over $400 million in foreign exchange to the Nigerian economy from exportation of the products to other Africa countries.
The Dangote plant is expected to complement the production capacity of other existing plants like Indorama Chemicals facilities, located in Rivers State, which produce urea, ammonia and other industrial raw materials.
The President will also use the opportunity of his visit to Lagos to tour the Lekki Deep Seaport and the Dangote Refinery and Petrochemical plant, located within the free trade zone.
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