• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Business & Finance Business

Dangote targets bold 2.1mbpd refining capacity expansion

Aliko Dangote outlines massive Nigeria and Kenya refinery expansion plan with $46bn industrial push across Africa

David Okere by David Okere
July 1, 2026
in Business
0 0
0
Dangote

Dangote targets bold 2.1mbpd refining capacity expansion

Dangote Industries Limited, led by President and Chief Executive Aliko Dangote, has unveiled an ambitious plan to expand its refining operations to a combined 2.1 million barrels per day across Nigeria and Kenya, marking one of the most significant private-sector industrial expansion strategies on the African continent.

The announcement was disclosed in Lagos during a high-level engagement between the Dangote Petroleum Refinery and a delegation from the Republic of the Congo’s national oil company, Société Nationale des Pétroles du Congo (SNPC), focused on regional energy cooperation and industrial partnership opportunities.

Also read: Dangote Refinery imports first UAE crude shipments

According to Devakumar Edwin, Group Vice President, Oil and Gas at Dangote Industries Limited, the proposed expansion would see refining capacity rise to 1.4 million barrels per day in Nigeria, alongside a planned 700,000 barrels per day facility in Kenya aimed at strengthening East African fuel supply chains.

Edwin also confirmed that the group intends to invest an additional $46 billion between 2026 and 2028 across its refining, cement and fertiliser operations, a move described as part of a wider strategy to deepen industrialisation and energy security across Africa.

The discussions with SNPC centred on potential collaboration in refining operations, petroleum product supply, technical knowledge exchange and regional energy integration, with both sides exploring frameworks for long-term cooperation.

Leading the Congolese delegation, SNPC Managing Director Maixent Raoul Ominga described the Dangote refinery as a landmark industrial achievement for Africa, noting that the country was keen to explore strategic partnerships that could strengthen refined product supply and industrial capacity.

perfect aesthetic dental clinic perfect aesthetic dental clinic perfect aesthetic dental clinic

Ominga said the engagement highlighted shared priorities around energy security and regional value chains, while praising the Dangote Group’s broader investments across the continent, particularly in cement production within the Republic of the Congo.

Aliko Dangote, speaking during the meeting, reaffirmed the group’s long-term commitment to Africa’s industrial transformation, stressing that its investments are driven by continental rather than national priorities.

“We are for Africa, not just Nigeria. Tell us what you need, and we will see how we can work together,” Dangote said, emphasising the group’s openness to regional collaboration.

He added that the refinery has already set new benchmarks for fuel quality in Africa by producing petroleum products that meet international standards, reducing reliance on imported refined fuel and supporting cleaner energy access across the continent.

The proposed expansion into Kenya is expected to play a strategic role in serving East African markets, while reinforcing the group’s position as a central player in Africa’s downstream oil sector.

The visit by SNPC officials formed part of broader discussions on industrial cooperation, with both organisations expressing interest in strengthening Africa’s internal energy systems and reducing external dependence.

The meeting also highlighted growing momentum around private-sector-led industrialisation, with stakeholders pointing to the importance of large-scale infrastructure, cross-border investment and regional integration in achieving long-term economic resilience.

Also read: UBA rewards customers with over N400m in anniversary bonuses

With the planned expansion and multi-billion-dollar investment programme, Dangote Industries Limited continues to position itself at the centre of Africa’s evolving energy and industrial landscape, signalling a new phase of ambition in the continent’s refining capacity story.

David Okere
David Okere

David Okere is a journalist and contributor to Freelanews.com, covering business, governance, public affairs, and human-interest stories with a commitment to accuracy, balance, and public interest reporting.

Related Posts

Bigi Watch and Win logo
Business

Bigi Watch and Win 4.0 winners gear up for grand finale

by Freelanews
December 14, 2023
BUA Cement
Business

BUA Cement faces crisis with Imiokpe host community

by Quadri Olaitan
September 6, 2025
WhatsApp Image 2022 01 13 at 4.56.58 PM scaled
Business

‘Banking solutions’ Union Bank set to offer WhatsApp banking in seven languages to customers

by Rtn. Victor Ojelabi
February 4, 2022
KAFILAT ARAOYE PS L scaled
Business

‘See list’ Women who were appointed bank leaders in 2021

by Freelanews
January 3, 2022
templates
Business

‘A New Day’ FrieslandCampina pays tribute to member dairy farmers (Video)

by Rtn. Victor Ojelabi
September 27, 2022

Leave a ReplyCancel reply

Tiktok Community

You're not logged into Tiktok, please login here
UBA bank ad UBA bank ad UBA bank ad

Recent News

Aisha Achimugu

Aisha Achimugu seeks protection amid EFCC dispute

July 21, 2026
UNIZIK

UNIZIK makes strategic digital asset move, appoints financier Nicky Okoye

July 21, 2026
central bank

Top 10 African central banks by international reserves in 2026

July 21, 2026
Nigeria

Nigeria’s credit crisis: Why businesses still can’t borrow

July 21, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
Aisha Achimugu

Aisha Achimugu seeks protection amid EFCC dispute

July 21, 2026
UNIZIK

UNIZIK makes strategic digital asset move, appoints financier Nicky Okoye

July 21, 2026
central bank

Top 10 African central banks by international reserves in 2026

July 21, 2026
Nigeria

Nigeria’s credit crisis: Why businesses still can’t borrow

July 21, 2026
ADVERTISEMENT
July 2026
SMTWTFS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Jun    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • market

    Fire guts 17 shops in Ikorodu market

    0 shares
    Share 0 Tweet 0
  • Isaac Fayose urges Ayo Fayose to reject REA chairmanship

    0 shares
    Share 0 Tweet 0
  • DG Layi Abidoye triumphantly installed as 3rd D9112 governor

    0 shares
    Share 0 Tweet 0
  • Businessman urges FG to kill Nnamdi Kanu, says move will restore peace in South-East

    0 shares
    Share 0 Tweet 0

Just Published!

Aisha Achimugu

Aisha Achimugu seeks protection amid EFCC dispute

July 21, 2026
UNIZIK

UNIZIK makes strategic digital asset move, appoints financier Nicky Okoye

July 21, 2026
central bank

Top 10 African central banks by international reserves in 2026

July 21, 2026
Nigeria

Nigeria’s credit crisis: Why businesses still can’t borrow

July 21, 2026
EFCC

10 major companies facing EFCC prosecution over alleged crimes in 2026

July 21, 2026
No Result
View All Result
  • About Us
  • Contact
  • Cookie Policy
  • Editorial Charter
  • Corrections Policy
  • Advertisement

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.