Opening of the Dangote Refinery in Lekki, Nigeria
Africa's Largest Refinery Inaugurated
Key Details
The Dangote Refinery, an oil refinery owned by the Dangote Group, was officially inaugurated on May 22, 2023, in Lekki, Nigeria. The refinery has a capacity to process 650,000 barrels of crude oil per day, making it the largest refinery in Africa.
The refinery was built at a cost of $20 billion and is part of Dangote Group's plan to become a major player in the oil and gas industry. The refinery is expected to create thousands of jobs and help Nigeria to become self-sufficient in the production of refined petroleum products.
The inauguration of the Dangote Refinery is a significant milestone for Nigeria and for Africa as a whole. The refinery is a symbol of the continent's growing economic power and its potential to become a major player in the global oil and gas market.
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