ENUGU, Nigeria (VOICE OF NAIJA)- The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has said that the newly inaugurated Dangote Petroleum Refinery and Petrochemicals will help Nigeria generate more power for its electricity sector.
Emefiele said the refinery is expected to generate 12,000 megawatts of electricity.
Speaking at the inauguration in Lagos State on Monday, he further noted that over 135,000 permanent jobs will be available to Nigerians as operations begin.
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According to the CBN Governor, the refinery is also expected to save Nigeria between $25 and $30 billion in forex annually.
He stated that the refinery would provide $10 billion yearly inflows to the country’s economy.
Emefiele explained that the Dangote Refinery indicates that Nigeria can produce whatever it needs.
The 650,000 Barrels Per Day Dangote Refinery would be a