dangote refinery

How Aliko Dangote planned to squeeze $30 billion profit from Nigeria in two years

At the beginning of 2020, Africa’s richest man Aliko Dangote told reporters he projected a turnover of $30 billion for his businesses over the next two years. At the time, his company – Dangote Group has an annual turnover of about $4 billion, and upon the completion and running of the refinery, fertilizer, petrochemicals and …

How Aliko Dangote planned to squeeze $30 billion profit from Nigeria in two years Read More »

Dangote $2.5 billion fertilizer plant given the all-clear to begin production next month

Dangote Urea Fertilizer Plant, the $2.5 billion investment owned by Africa’s riches man Aliko Dangote, has been given the all-clear to commence production anytime next month. The plant is part of the $12 billion Dangote refinery project that covers an area of 2,635 hectares on the Lekki Free Zone overlooking the Atlantic Ocean in Lagos. …

Dangote $2.5 billion fertilizer plant given the all-clear to begin production next month Read More »

Dangote Refinery: 7 Important Facts and Figures you Should Know

The Dangote oil refinery is an ambitious project being undertaken by Africa’s richest man Aliko Dangote. when complete, the refinery will have the single biggest impact on Nigeria’s economy as it is expected to be a lasting solution to the country’s heavy dependence on the importation of petroleum products for domestic consumption. Earlier in November, …

Dangote Refinery: 7 Important Facts and Figures you Should Know Read More »

Dangote Oil Refinery And Petro-Chemical Complex, Explained

Upon completion, the Dangote oil refinery will have the capacity to refine 650, 000 barrels of crude oil a day making it Africa’s biggest oil refinery and the world’s biggest single-train facility. It will also be producing fertilizer as well as other petrochemical products. The facility is projected to create 70,000 jobs and save Nigeria …

Dangote Oil Refinery And Petro-Chemical Complex, Explained Read More »