BREAKING: Dangote Increases Refinery Capacity From 650,000 To 1.4 Million bpd

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.

Also Read:  Dangote To Redeploy Disengaged Workers, Says FG

“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.

According to him, government mediation also helped resolve recent disruptions at the refinery, which were linked to union activities and sabotage attempts.

Also Read:  Lifting Petrol From Dangote Refinery ‘ll Moderate FX Pressure - CBN Governor, Cardoso

WARNING: If You Are Not 18+, Don’t Click The Link Below 👇🫣 

https://otieu.com/4/8902554

https://rayvirtual.com/m3e85u39j?key=f0014e9d9438d5115e4d66e73ca3f04b

Please don’t forget to “Allow the notification” so you will be the first to get our gist when we publish it.

Drop your comment in the section below, and don’t forget to share the post.

Never Miss A Single News Or Gist, Kindly Join Us On WhatsApp Channel:
https://whatsapp.com/channel/0029Vad8g81Eawdsio6INn3B

Telegram Channel:
https://t.me/gistsmateNG

Leave a Reply

Your email address will not be published. Required fields are marked *

Go Up