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 Nigeriaโs future and aligns with President Bola Tinubuโs vision of making the country a global supplier of refined petroleum products.
โWe are more than doubling the barrelsโฆ to 1.4 million from 650,000,โ Dangote told news conference in Lagos.
โThis will make it the largest refineryโ in the world, surpassing Indiaโs Jamnagar Refinery, he said.
He added that โThis expansion is about confidence in Nigeria, in Africa, and in our capacity to shape our own energy future.โ
Dangote commended the Federal Government for its support and for implementing policies that have spurred industrial growth, including Nigeriaโs 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.
According to him, government mediation also helped resolve recent disruptions at the refinery, which were linked to union activities and sabotage attempts.
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