The Dangote Group has said it will sign
$5.55bn loan deals with financiers on September 4 for the building of a
$9bn refinery and petrochemical complex to be located at the Olokola
Free Trade Zone, Ondo State.
The group told Reuters on Tuesday
it would borrow $3.3bn for the 400,000 barrels a day refinery expected
to double the country’s refining capacity by late 2016.
