President and CEO of Dangote Group of Companies, Aliko Dangote has submitted plans for a proposed Atlantic Seaport in Ogun state, Southwest Nigeria.
The proposed Atlantic seaport in will be built in Olokola, Ogun state. It will connect Dangote’s conglomerate’s logistics and export operations and rival facilities in Lagos state.
When completed, the Seaport will ease export of petroleum products like liquefied natural gas (LNG). The proposed Atlantic Seaport is expected to have billions in Investment, and generate thousands of jobs. The Seaport will be close to Dangote fertiliser and oil refinery plants.
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According to Devakumar Edwin, vice-president of Dangote Group, they will construct pipelines from Niger Delta region. This will ease the export of LNG from Lagos state.
Following the Dangote Refinery, Africa’s richest man’s goal is “to build the biggest, deepest port in Nigeria.” Devakumar Edwin revealed. He added that Dangote filed the paperwork, seeking a go-ahead to build the proposed Atlantic Seaport by June ending.
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The proposed Atlantic seaport in Ogun state, is located about 100 kilometres by road from the Dangote Refinery in Lagos state. Presently, Dangote Refinery exports urea and fertiliser via an onsite jetty he constructed. The onsite jetty also receives heavy equipment for the refinery, reports Bloomberg.
Edwin stated:
“It’s not that we want to do everything by ourselves, but I think doing this will encourage other entrepreneurs to come into it.”
The proposed Atlantic Seaport marks Dangote’s return to the same location he had once wanted to build his refinery.
“We want to do a major project to bring more gas than what NLNG is doing today.” Dangote stated, while talking about Nigeria LNG Ltd. NLNG is a joint-venture between the federal government, Shell Plc, Eni SpA and TotalEnergies SE. It is presently Africa’s biggest exporter of liquefied natural gas.
Africa’s richest man continued, stating that “we know where there is a lot of gas, so run a pipeline all through and then bring it to the shore.”
Dangote Refinery already gets natural gas from the Niger Delta to supply its fertiliser plant. This is where it is used as feedstock to produce hydrogen for ammonia, which is a vital component in the production of the crop nutrient.
A few days ago, Dangote pointed out that Nigeria’s three refineries were effectively dead. He stated that they may never work again, despite over $18 billion reportedly spent on repairs.
