(Business) Federal Government promises to support $18 billion Dangote refinary located at Lekki free trade zone
Dr Ibe Kachikwu, Minister of State for Petroleum Resources, has promised adequate incentive support to the $18 billion Dangote refinery to fast track its completion in Lagos. Kachikwu gave the assurance during a facility tour of the refinery on Monday in Lagos. Dangote refinery is situated at Lekki Free Trade Zone in Ibeju Lekki, Lagos. According to him, the Federal Government will support it through policies that will liberalise the market. He urged Dangote to speed up completion of the refinery to come on stream before 2019, to promote effective downstream sector. He charged the management of the company to involve tertiary institutions in its operations, to build capacity among students studying oil and gas related courses to have some experience on refinery operations. The minister said in spite of the private sector’s intervention and investment in the oil and gas sector, government still had a lot of role to play in terms of setting the right policies for a r...