Dangote Petroleum Refinery
Sector: Oil and Gas • Location: Ibeju-Lekki, Lagos, Nigeria
Source: Business Insider Africa
A 650,000-barrel-per-day petroleum refinery in Ibeju-Lekki, Lagos, Nigeria, planned to reduce Africa's dependence on imported fuel and reshape the continent's industrial future. The project has attracted significant investor interest, with a private placement demand exceeding $2 billion and plans for an IPO.
- Status
- Under Construction
- Sector
- Oil and Gas, Manufacturing (Industrial)
- Location
- Ibeju-Lekki, Lagos, Nigeria
- Updated
- 22 Jul 2026
- Source
- Business Insider Africa
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Project Information
Participants
| Not available for this record. |
Status
Original status | under construction |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | A 650,000-barrel-per-day petroleum refinery in Ibeju-Lekki, Lagos, Nigeria, planned to reduce Africa's dependence on imported fuel and reshape the continent's industrial future. The project has attracted significant investor interest, with a private placement demand exceeding $2 billion and plans for an IPO. |
Original sector | Energy |
Budget |
Location
Country | Nigeria |
State | Lagos |
City | Ibeju-Lekki |
Source
Source | Business Insider Africa |
URL |
More Details
Record type | Project |
Sector | Oil and Gas, Manufacturing (Industrial) |
Article published date | 2026-05-24 |
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