dangote — NG news

Dangote Refinery’s scale and efficiency are set to revolutionize the African refining landscape by forcing older, less efficient plants to close. The facility, located in Nigeria, operates at full capacity of 650,000 barrels per day. It supplies over 95% of Jet A1 fuel consumed in Nigeria.

The refinery exports surplus products to more than 11 African countries. This shift will enhance energy efficiency across the continent. The refinery processes at arm’s length global benchmarks, positioning it as a leader in cleaner refining.

Nasarawa State Governor Abdullahi Sule seeks increased Dangote investments in the state. The Dangote Group is also a major sponsor of the Nasarawa Trade Fair, aligning local enterprise development with large-scale industrial systems. Governor Sule noted that Nasarawa is endowed with a wide range of mineral resources.

David Bird emphasized the moral obligation for Africa to transition from energy poverty to energy abundance. He stated, “The planet will be the ultimate beneficiary if the scale and efficiency of the facility forces older, smaller, and less-efficient refineries to shut down.” This reflects a broader commitment to industrialisation and sustainable practices.

Key facts:

  • The refinery has a direct delivery agreement with Ethiopian Airlines.
  • Dangote’s Vision 2030 target is $100 billion in investments.
  • In 2022, the refinery shipped 1.1 billion liters of aviation fuel.

The Nigerian electricity sector has not financed any major power generating plant in 11 years. This has implications for energy production across Nigeria and beyond. Further developments in refining technology may emerge as competition intensifies.