Dangote Refinery has announced that it is increasing its production from 650,000 barrels per day to 1.4 million barrels per day.
When completed, the expansion will make the facility the largest refinery in the world, surpassing the Jamnagar Refinery in India.
Speaking at a press conference in Lagos on Sunday, the President of the Dangote Group, Aliko Dangote, said the move reflects confidence in Nigeria’s future and aligns with President Bola Tinubu’s vision of making the country a global supplier of refined petroleum products.
“We are more than doubling the barrels… to 1.4 million from 650,000,” Dangote told news conference in Lagos.
“This will make it the largest refinery” in the world, surpassing India’s Jamnagar Refinery, he said.
He added that “This expansion is about confidence in Nigeria, in Africa, and in our capacity to shape our own energy future.”
Dangote commended the Federal Government for its support and for implementing policies that have spurred industrial growth, including Nigeria’s First Policy, Naira-for-Crude Policy, and One-Stop Shop Initiative.
He said these policies have revolutionised the downstream sector and encouraged private investment in local refining.
