Dangote Refinery
Sector: Oil and Gas • Location: Lagos, Nigeria
Source: Forbes Africa
The Dangote Refinery, built by Nigerian billionaire Aliko Dangote, is the largest petroleum refinery in Africa, located in the Lekki Free Zone near Lagos. After 11 years and a $23 billion investment, it began operations in 2024, processing up to 650,000 barrels of crude oil per day at full capacity, significantly impacting Nigeria's energy market and reducing reliance on fuel imports.
- Status
- Closed
- Sector
- Oil and Gas, Manufacturing (Industrial)
- Location
- Lagos, Nigeria
- Updated
- 22 Jul 2026
- Source
- Forbes Africa
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Project Information
Participants
Company |
Status
Original status | Completed |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Dangote Refinery, built by Nigerian billionaire Aliko Dangote, is the largest petroleum refinery in Africa, located in the Lekki Free Zone near Lagos. After 11 years and a $23 billion investment, it began operations in 2024, processing up to 650,000 barrels of crude oil per day at full capacity, significantly impacting Nigeria's energy market and reducing reliance on fuel imports. |
Original sector | Energy |
Budget |
Location
Country | Nigeria |
State | Lagos |
City | Lagos |
Source
Source | Forbes Africa |
URL |
More Details
Record type | Project |
Sector | Oil and Gas, Manufacturing (Industrial) |
Article published date | 2025-02-28 |
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