The Central Bank of Nigeria (CBN) says the newly inaugurated Dangote Petroleum Refinery and Petrochemicals will help Nigeria generate more power for its electricity sector.
Speaking at the inauguration in Lagos State, the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, said the Dangote Refinery is expected to generate 12,000 megawatts of electricity.
Emefiele hinted that over 135,000 permanent jobs will be available to Nigerians as operations get underway
According to him, it is also expected that the refinery saves Nigeria between $25 and $30 billion in forex annually.
He added that it would further give the economy an inflow of $10 10 billion early.
The CBN boss opined that the Dangote Refinery is an indication that Nigeria can produce whatever it Needs.
