Dangote Signs $350m Deal With Indian Firm EIL to Expand Lagos Refinery Dangote Group has signed a $350 million agreement with Indian engineering firm Engineers India Ltd (EIL) to expand its flagship refinery and petrochemicals complex in Lagos, a move expected to significantly boost Nigeria’s industrial capacity and reduce Africa’s dependence on imported refined fuels. The expansion project will increase the refinery’s processing capacity from 650,000 barrels per day to 1.4 million barrels per day, positioning it as one of the largest single-location refinery complexes in the world. Located in the Lekki Free Zone, the Dangote Refinery represents a major milestone in Nigeria’s transition from fuel importation to local production and export of refined petroleum products. As part of the deal, Dangote Group will also expand its petrochemical operations, with polypropylene production set to rise to 2.4 million tonnes per annum, strengthening Nigeria’s position in the global petrochemical market. #DangoteRefinery #NigeriaEconomy #IndustrialGrowth #EnergySector

Nigeria’s Fuel Demand Hits 56.7 Million Litres Daily, Dangote Refinery Leads Local Supply Nigeria’s daily fuel consumption surged to 56.74 million litres in October 2025, the highest in a year, according to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). Of this, 27.6 million litres were imported, while local refineries, led by Dangote Refinery, supplied 17.08 million litres. The data highlights Nigeria’s continued reliance on petroleum products, with diesel, aviation fuel, and LPG also showing significant daily usage. NMDPRA noted that verified consumption data is crucial for energy sector transformation, import reduction, and economic stability. emand #PMSConsumption #DangoteRefinery

Dangote Refinery: Petrol Price Still ₦850, Operations Fully Active Dangote Petroleum Refinery has dismissed rumours of a shutdown or price hike, confirming that Premium Motor Spirit (PMS) remains ₦850 per litre. Group Chief Branding and Communications Officer Anthony Chiejina said the facility continues to supply over 40 million litres of petrol and steady volumes of diesel daily, with no disruption to truck loading or production. The refinery described recent reports as “unfounded” and challenged sceptics to place bulk orders for 90 days to prove supply stability. It reaffirmed its commitment to transparency, energy security, and ending Nigeria’s dependence on imported fuel. #DangoteRefinery #FuelPrice #NigeriaEnergy #PMS

Brief: Dangote Refinery Drops ₦100bn Lawsuit Against NNPCL, Others Dangote Petroleum Refinery has withdrawn its ₦100 billion lawsuit against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), NNPC Limited, and five other oil firms. The case, filed at the Federal High Court in Abuja, challenged the issuance of fuel import licenses, which Dangote claimed violated the Petroleum Industry Act and undermined local refining. The refinery had sought damages and a declaration that NMDPRA failed to protect domestic producers. However, a formal notice of discontinuance was submitted, with no stated reason or indication of an out-of-court settlement. The defendants, including Matrix, AYM Shafa, and A.A. Rano, had argued the case was an attempt by Dangote to monopolise the market. NMDPRA maintained it acted lawfully to meet national fuel demand.#DangoteRefinery #NNPCL #NMDPRA #OilAndGas #PetroleumIndustryAct #FuelImportation