Understanding the NNPC investment in Dangote Refinery

The Dangote Refinery at Ibeju Lekki is an ambitious integrated energy project. It will produce 650, 000 barrels of crude petroleum daily that makes it the largest such refinery in the world. Dangote Refinery would produce enough for Nigeria and export. In other words, it will meet our need for 57 million litres of petrol daily, 27 million litres of diesel per day, 11 million litres of kerosene per day and nine million litres of aviation jet each day.

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OP-ED: Nigeria’s latest gas-related power shortages could have been avoided, here is why

On 28 May 2021, Nigeria’s national power generation dropped to 3,059 MW and for the subsequent seven days remained below 4,000 MW, six percent below average production. Low pressure on the Escravos-Lagos Pipeline System (ELPS) left several gas turbine power plants with insufficient gas supply, leading to plant shutdowns and widespread power blackouts.

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Without flexibility, Nigeria will face difficulties integrating large amounts of renewable energy into the grid

As the largest economy in Africa, with huge gas reserves and high solar energy potential, Nigeria has all the natural resources necessary to meet the growing demand for electricity. However, the inadequate energy infrastructure still leaves a significant part of the population without power or relying on oil-fired back-up generators.

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