Oburu welcomes Sh2.2tn Dangote Lamu Refinery, calls it catalyst for industrialization

Jukwaa

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Oburu said the refinery, being developed by the Dangote Group, represents one of the largest private industrial investments in East Africa and could significantly reshape the economic fortunes of Lamu and the wider coastal region.

In a statement issued ,Oburu described the 700,000-barrel-per-day refinery as a manifestation of a long-standing vision of industrial and economic empowerment associated with his late brother and former ODM leader Raila Odinga.

He said Dangote Group chairman Aliko Dangote had been a long-standing family friend and close associate of Raila, adding that the two had held discussions over the years on ways of advancing Africa’s industrial development.

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“For me and the entire ODM fraternity, this milestone is deeply personal,” Oburu said.

He said the refinery’s groundbreaking was a fitting tribute to Raila’s legacy of economic empowerment and industrial development.

Oburu also credited President William Ruto for providing the political goodwill that enabled the project to move forward, saying the administration had removed obstacles that had previously delayed the investment.

“I extend my highest appreciation to President William Ruto for recognising the transformative potential of this project, intervening decisively, and providing the necessary state goodwill to turn this cross-generational vision into reality,” he said.

The ODM leader said the project could have a far-reaching impact on the local economy, particularly through employment, energy generation and the development of the Lamu Port-South Sudan-Ethiopia Transport (LAPSSET) corridor.

According to Oburu, the refinery is expected to generate 1,000 megawatts of electricity on site, with 500 megawatts earmarked for the national grid.

📰 Source: Capital FM Kenya

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