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Dangote Says Nigeria Lagos Refinery to Start by Mid-2018

Dangote Group, controlled by Africa’s richest man, expects an oil refinery it is building in Nigeria to come on-stream in late 2017 or the first half of 2018.

The plant in the Lagos area will be able to process 500,000 barrels of crude a day, George Nicolaides, Dangote Industries’ operations director for petroleum refining, said in an interview at the Platts African Refining Summit in Cape Town today.