Aliko Dangote: The Richest Black Man (Person) in the World

Aliko Dangote and the Saipem Group’s, Giuseppe Surace..team up to build Biggest Fertilizer Plant in Africa.

This entry was posted by on Thursday, 7 July, 2011 at

Via The Nigerian Tribune

THE president of Dangote Group, Aliko Dangote and the Saipem Group’s Nigeria Country Manager, who is also the Managing Director of Saipem Contracting Nigeria Limited, Mr Giuseppe Surace, have signed an agreement relating to engineering works for infrastructure that will launch the construction of the biggest fertiliser project in Africa.

The plant, located in Edo State, will be an example of how to utilise a substantial amount of the significant gas resources in the country as a raw material in the ammonia-urea fertiliser process.

The project, when completed, would make the country self-sufficient in fertiliser production, thereby saving it the huge foreign reserves currently spent on importation of fertiliser.

With the agreement, Saipem was to build for the Dangote Group, a fertiliser plant for the production of 7.700 MTPD of granulated urea, (two trains with a production capacity of 3,850 metric tonnes each per day), and it was expected to start production in 2014.

The plant will be the largest in Africa, as its closest competitor has installed capacity of only 1,000 metric tonnes per day of ammonia and 1,500 metric tonnes per day of urea, compared with the Dangote plants of 2,200 metric tonnes per day for ammonia and 3,850 metric tonnes per train per day of urea.

After the official signing ceremony, Dangote said he shared the view of President Goodluck Jonathan that the country should not be importing those things for which we had the raw materials and natural advantage to produce locally.

Speaking on behalf of Edo State government, the Senior Special Assistant to the Governor, Amanokha Mika, said the people of the state will be the greatest beneficiary of the project, in terms of employment generation, with an assurance that the government would continue to provide the enabling environment needed for industries to grow and prosper in the state.

-POSTED BY BARCLAY-
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