Nigerian billionaire Aliko Dangote and Kenyan President William Ruto go break ground on Wednesday to start build one $16 billion oil refinery wey dem wan use meet the growing demand for petroleum products across East Africa.

Dangote wan replicate him group 700,000 barrel per day Nigerian refinery as countries like Kenya and Uganda dey look to start produce crude oil.

Dem plan say the Kenyan plant go finish by 2030, with the aim to reduce fuel cost for the region and save hard currency wey dem dey use import refined products.

"When you look at East Africa, no be only East Africa, most of all the 54 countries for Africa, dem dey import petroleum products," Dangote tell reporters for Nairobi on Tuesday.

"Wetin we dey try do na to make sure say we become self-sufficient for whatever we dey consume."

Dangote don offer regional governments total 30% stake for the refinery.
Dem estimate say annual demand for petroleum products for the region na between 20 million to 30 million metric tons, according to David Ndii, chief economic adviser to President Ruto.

To meet that demand, dem go need refining capacity of more than 1 million bpd, according to one financier wey dey involved for African refineries.

The region don suffer well well from fuel prices wey dey shoot up because of the US-Israel war against Iran, and e cause deadly protests for countries like Kenya over pump prices wey dey rise.