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Dangote Refinery Makes $103m On Day Of Refinery Opening - Investment - Nairaland

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Dangote Refinery Makes $103m On Day Of Refinery Opening by Enenim(m): 6:59pm On May 22, 2023
Dangote Refinery Makes $103m on Day of Refinery Opening

Africa's richest man, Aliko Dangote, made $103 million on the first day of operation of his refinery.

The refinery, which is the largest in Africa, can process 650,000 barrels of crude oil per day. It is expected to help reduce Nigeria's reliance on imported refined products and boost the country's economy.

Dangote said that the refinery is already meeting its production targets and that it is on track to meet its total capacity by the end of the year. He also said that the refinery is expected to create over 30,000 jobs.

The opening of the Dangote Refinery is a significant milestone for Nigeria and for Africa as a whole. It shows the continent's growing economic power and potential to become a significant player in the global energy market.

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