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Project Brief - Nigeria - Dangote industries corporate loan
Corporate loan to Dangote Industries Ltd (DIL) which is establishing greenfield crude oil refining (445,000 barrel per day of crude oil and 0.6 MTPA of polypropylene) and fertilizer manufacturing (integrated facility of 2.8 MTPA of urea) plants in Nigeria for consumption in Nigeria and neighboring African countries. The location for both projects is in Lekki Free Trade Zone, Lagos State, Nigeria. DIL has also an ambitious expansion programme of its cement business in 13 African countries.