Vice President Yemi Osinbajo on Saturday said he was not aware of any demands by the Niger Delta Avengers to stop attacks on oil and gas facilities.
He said this while addressing reporters after a tour of the Dangote Petrochemical and Refinery Project located in Lekki, Lagos.
Asked if the Federal Government was considering the demands made by the militant group, Osinbajo said, “What demands? I don’t understand the Niger Delta Avengers. Who are they? I don’t know anything about demands.”
Speaking on the Dangote refinery, he said, “I think it is an incredible industrial undertaking. It is possibly the largest and the most ambitious on the continent today. It is truly inspiring. The refinery is expected to start in the first quarter of 2019. But I think the subsea gas pipeline, which is a very important and strategic project, is meant to take off in 2018.”
He said the pipeline would help to boost power generation in the country through the availability of additional three billion standard cubic feet of gas per day.
The Vice President said, “That is huge. If you consider that our current requirement is probably in the order of two billion scf per day. This is incredible. If that can be done, it is a major strategic asset for Nigeria. It will boost our power supply tremendously. For me, that is one of the most important projects that could be done in this country and certainly going to be a major boost for industries.
“It (the gas pipeline) is fortified and goes deep into the sea. It is not a sort of thing that anybody goes to vandalise because of the way that it is designed. As a matter of fact, it is designed to prevent vandalism.”
The Dangote project comprises a 650,000-barrels-per-day refinery, which is regarded as the largest train petroleum refinery in the world; two of the world’s largest fertiliser trains with capacity of three million tonnes per annum, and the largest subsea pipeline infrastructure in the world.
With the 1,000-kilometres pipeline capable of handling three billion scf of gas per day, additional 12,000 megawatts of electricity can be generated in the country, said the President, Dangote Industries Limited, Alhaji Aliko Dangote.
He said the projects would bring about $7.5bn foreign exchange savings yearly for the country, adding that over $5bn forex earnings would be realised from the savings, with $5.5bn export earnings yearly.