HomeBusinessDangote plans to increase refinery capacity to 1.4m bpd

Dangote plans to increase refinery capacity to 1.4m bpd

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The President of Dangote Group, Aliko Dangote, has disclosed that the company’s Vision 2030 includes plans to double the capacity of Dangote Refinery to 1.4 million barrels per day and build a refinery in Kenya.

Dangote disclosed this in a viral interview with News Central on Tuesday.

He said he was unaware of what he was getting into when he embarked on the construction of the Dangote Refinery, adding that he never prayed for such a project.

However, Dangote said he had conquered his fears about building a mega refinery.

“So now that fear has actually gone. Kenya’s refinery is part of our Vision 2030, and we will double the refinery in Nigeria to 1.4 million barrels per day,” he said.

Recall that on September 14, 2026, Dangote Refinery’s Initial Public Offering, IPO, officially commenced on the Nigerian Exchange Limited, NGX, with the shares priced at N525 per unit.

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