Overview
- Dangote signed an agreement with its technology licensor to more than double capacity from 650,000 bpd, with construction starting immediately.
- On completion, the complex would surpass India's Jamnagar facility to become the world's largest refinery by throughput.
- The company plans to list the refinery and petrochemical complex on the Nigerian Exchange in 2026 to open ownership to local investors.
- The project includes a shift to Euro VI fuel standards, a power boost from 500 MW to 1,000 MW, and an estimated 65,000 construction jobs, about 85% for Nigerians.
- Recent labor tensions included a short strike resolved through government mediation and disputed union allegations of mass dismissals, which the company denies.