The President and Chief executive of Dangote Industries Limited, Alhaji Aliko Dangote, flanked by Chairman, FBN Holdings Plc, Femi Otedola; Executive Director, Operations, Dangote Sugar Refinery Plc, Mariya Aliko Dangote; Group Executive Director, Commercial Operations, Dangote Industries Limited Fatima Aliko Dangote; Vice President, Oil & Gas, Dangote Industries Limited Devakumar Edwin, addressed a World Press Conference in Lagos on Sunday, October 26, 2025, on the expansion of Dangote Petroleum Refinery and Petrochemicals from 650,000bpd to 1.4mbpd.
The expansion is projected to save billions in foreign exchange, reducing import dependence, and bolstering Nigeria’s energy security.
The expansion phase will create 65,000 jobs during construction and open vast opportunities for local industries.
Polypropylene production will increase from 900,000 metric tonnes to 2.4 million metric tonnes per annum, further enriching the production of linear alkylbenzene a key ingredient for the production of detergent, and additional production of base oils
The expansion project will upgrade refinery to Euro VI fuel standards, achieving top-tier global environmental benchmarks. About 85% of the workforce will be Nigerian. The company added that there will be major investment in skills and technology transfer.
The company said with one year, 10% of Dangote Refinery & Petrochemical shares will be listed on the Nigerian Stock Exchange, promoting broad ownership and transparency.
Speaking on the refinery expansion, Femi Otedola said, “soon, Nigerians will own part of this refinery, a powerful reminder that this vision is not just for Dangote, but for all Nigerians and Africans.”
