Dangote Refinery to create more opportunities for indigenous ship owners

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Indigenous shipowners have expressed optimism over the much anticipated $11 billion Dangote Refinery and Petrochemical Plant in Ibeju-Lekki, Lagos, as they expect that freights from the refinery to other parts of the country and abroad would be handled by Nigerian vessels in line with the local content policy of the federal government, Leadership reports.

The president, Nigerian Shipowners Association (NISA), Alhaji Aminu Umar, said the refinery would create business opportunities for indigenous carriers when it finally comes on stream as the cargoes will not be transported or removed from the refinery with trucks alone but by ships to the various depots all over the country.

He explained that when it comes on stream, local shipowners will see lots of cargoes moving from Dangote refinery to other oil depots or to NNPC designated depots that may be buying from Dangote on behalf of Nigerian marketers. He also expressed optimism that Nigerian flagged vessels will be employed to move export cargoes out of the refinery and to other countries in the world wherever Dangote is selling its export products.

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