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Nigeria: How we planned to finance, achieve 1.4mbpd Dangote Refinery expansion — Aliko Dangote – Tribune Online

Nigeria: How we planned to finance, achieve 1.4mbpd Dangote Refinery expansion — Aliko Dangote – Tribune Online

Africa Links 24 with Adam Mosadioluwa
Published on 2025-10-26 16:29:13

President of the Dangote Group, Alhaji Aliko Dangote, has revealed that the planned expansion of the Dangote Petroleum Refinery from 650,000 barrels per day (bpd) to 1.4 million bpd will be financed through the company’s cash flow and strategic investors.

Speaking at a press briefing in Lagos on Sunday, Dangote explained that the expansion work, which is set to commence immediately, would be carried out in phases and completed within three years.

He revealed that, “The expansion…

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