Jan 21 2019, 5:15 PMJan 22 2019, 9:33 AMJanuary 21 2019, 5:15 PMJanuary 22 2019, 9:33 AM
Aliko Dangote has revealed he expects his company to be exporting two million mt of urea and ammonia by 2022. The Nigerian billionaire, who is the head of Dangote Industries, claimed the company was on course to complete the construction of a $15bn oil refinery near Lagos, which will feature a $2.5bn fertiliser factory and petrochemical plant. Analysts believe the timeline to complete the complex in 2022 is too ambitious, with Wood Mackenzie forecasting that refinery production will not start until 2020.