Business News of Thursday, 20 February 2020
Source: www.mynigeria.com
Nigeria's billionaire Femi Otedola has described the yet-to-be-completed refinery of his friend and fellow billionaire Aliko Dangote as the 8th wonder in the world.
Otedola made this declaration in a tweet he shared online where both men were pictured smiling together.
The oil refinery, which is still under construction, is currently valued at $12 billion.
It would be the single largest in the world upon completion, with the capacity to meet Nigeria’s fuel consumption.
The fertilizer plant is estimated to have a capacity of 2.8 million tonnes of urea annually.
"Visited the @AlikoDangote 8th wonder in the world - second-largest fertilizer plant (ready for commissioning) and the biggest oil refinery (75% completed, with the petrochemical unit 60% completed). I’m still in AWE having not been in Lagos for 5 months," Otedola tweeted.
Visited the @AlikoDangote 8th wonder in the world - second largest fertilizer plant (ready for commissioning) and the biggest oil refinery (75% completed, with the petrochemical unit 60% completed). I’m still in AWE having not been in Lagos for 5 months. ???? ... F.Ote???? pic.twitter.com/8bXDy1qXr7
— Femi Ote$ (@realFemiOtedola) February 19, 2020