Africa's Richest Man Aliko Dangote's Refinery Boosts Daily Petrol Supply To 20 Million

5 Hour(s) Ago    👁 82
africas richest man aliko dangotes refinery boosts daily petrol supply to 20 million

Nigerias energy sector is getting a major lift as Africas richest man, Aliko Dangote, expands operations at his 20 billion refinery. The plant, which has a capacity of 650,000 barrels per day, is now supplying an average of 20 million liters of petrol daily to the domestic market, easing the countrys long-standing dependence on imported fuel.

The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority NMDPRA, Farouk Ahmed, disclosed this on Thursday in Lagos during the Association of Energy Correspondents of Nigeria Annual Conference. He said the refinerys contribution marks a key turning point for Nigerias refining sector and the broader push for energy independence.

Without question, the operation of the 650,000-barrel-per-day Dangote refinery has changed the supply dynamics, Ahmed said. Were seeing a steady rise in local output, and theres potential for more as production ramps up.

Disclaimer: We are a news aggregator. See full disclaimer here.