Dangote’s Mega-Oil Refinery in Nigeria: Fueling Africa’s Future

2024-01-15 08:46:45

The mega-oil refinery built in Nigeria by Nigerian billionaire Aliko Dangote has started producing diesel as well as fuel for air transport, the company of Africa’s richest man announced on January 13, 2024.

Published on: 01/15/2024 – 09:46

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This is a highly anticipated mega project, but one that has fallen significantly behind schedule. At Nigeriathe Dangote group’s oil refinery was put into operation on January 12, 2024. An important step for the site, which aims to become the largest refinery on the continent.

Read alsoNigeria: the Dangote mega-refinery inaugurated with great fanfare in Lekki

« It’s a great day for Nigeria », rejoiced the Dangote group. After years of delay, its mega-refinery began producing diesel and aviation fuel. Still no date, however, for that of gasoline. The site, financed by billionaire Aligo Dangote to the tune of twenty billion dollars, hopes to deliver its first liters of fuel in January.

Since last month, six million barrels of crude oil have been delivered to the plant, located in the free zone near the port of Lekki, east of Lagos. When it reaches its maximum capacity of 650,000 barrels per day, it could become the largest refinery on the continent, and thus allow Nigeria to achieve fuel self-sufficiency, and even export to its African neighbors. from West.

The objective is also to put an end to the shortages affecting the population. Although it is one of the largest producers of crude oil on the continent, Nigeria currently imports almost all of its fuel.

Also read: Nigeria: Dangote group offices raided by anti-corruption agency

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