How dangote refinery will Impact Ibeju lekki, Lagos Nigeria.

Inaugurated on the 22nd of May 2023, The Dangote Refinery is owned by Aliko Dangote, one of Africa’s wealthiest individuals.

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The Dangote Refinery is located in the Lekki Free Trade Zone.
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With a capacity to process 650,000 barrels of crude oil per day, The refinery aims to meet Nigeria’s domestic demand for refined petroleum products and also export to other African countries and international markets.
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The highly commercialize activity of this refinery would significantly affect its immediate environ – Ibeju Lekki.
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It is safe to say that Ibeju Lekki is now the new “oil well” 😅and smart Real Estate Investors are taking proactive moves to build lasting wealth by investing in Real Estate.
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Below are 3 ways the Dangote Refinery would impact Ibeju Lekki.

1. Employment opportunities: The Dangote Refinery is expected to create a significant number of direct and indirect job opportunities. During the construction phase, thousands of workers are employed, and once operational, the refinery will require a skilled workforce for its day-to-day operations. More workers mean more need for residential apartments.
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2. Economic Growth: The presence of a massive refinery in Ibeju Lekki can spur economic growth in the region. The project is expected to attract various industries and businesses to the area, such as logistics and support services, which can lead to increased investments and improved infrastructure. More businesses mean a high need for commercial properties.

3. Infrastructural Development: To support the refinery and its operations, there will likely be significant infrastructural development in Ibeju Lekki. This can include the construction or improvement of roads, utilities, housing, and other amenities.
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You should hurry up to check out some properties we have in Ibeju Lekki and then secure some for yourself!
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Don’t snooze!
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