Dangote Refinery makes Nigeria attractive to investors — LCCI

The Lagos Chamber of Commerce and Industry (LCCI) has said that the collaboration between the Federal Government and Dangote Refinery presents Nigeria as an attractive investment destination for local and foreign investors.

In a statement on the upcoming inauguration of the 650,000 barrels per day refinery, Director General, LCCI, Dr. Chinyere Almona, yesterday, said that the refinery will save and generate foreign exchange, create jobs, positively affect the value of the Naira, broaden prosperity for the downstream sector, and provide growth opportunities for businesses.

Her words: “LCCI views the refinery’s impact on the Nigerian economy as significant. It will save and generate foreign exchange. The refinery will create jobs, positively affect the value of the Naira, broaden prosperity for the downstream sector, and provide growth opportunities for businesses. It will also stimulate economic growth by impacting the country’s balance of payments.