Dangote Petroleum Refinery Expansion and IPO
Sector: Oil and Gas • Location: Ibeju-Lekki, Lagos, Nigeria
Source: The Radar
The Dangote Petroleum Refinery is a 650,000-barrel-per-day refinery located in Ibeju-Lekki, Lagos, Nigeria. There are plans to expand its capacity to 1.4 million barrels per day. The refinery is undergoing a planned initial public offering (IPO) and private placement, with significant investor interest exceeding $2 billion. The IPO aims to allow ordinary Nigerians and Africans to participate in th
- Status
- Prospective
- Sector
- Oil and Gas
- Location
- Ibeju-Lekki, Lagos, Nigeria
- Updated
- 22 Jul 2026
- Source
- The Radar
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Dangote Petroleum Refinery is a 650,000-barrel-per-day refinery located in Ibeju-Lekki, Lagos, Nigeria. There are plans to expand its capacity to 1.4 million barrels per day. The refinery is undergoing a planned initial public offering (IPO) and private placement, with significant investor interest exceeding $2 billion. The IPO aims to allow ordinary Nigerians and Africans to participate in the company's growth and wealth creation. |
Original sector | Energy |
Location
Country | Nigeria |
State | Lagos |
City | Ibeju-Lekki |
Source
Source | The Radar |
URL |
More Details
Record type | Project |
Sector | Oil and Gas |
Article published date | 2026-05-24 |
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