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Thursday, 19 February 2026
Dangote Group signed two major agreements worth $750 million with XCMG of China ($400M) and EIL of India ($350M) to expand its refinery and petrochemical operations. The investments aim to increase Dangote's refinery capacity from 650,000 to 1.4 million barrels per day, boosting Nigeria's fuel self-sufficiency and supporting broader industrial growth. XCMG will supply advanced construction equipment, while EIL will continue as the project management and engineering consultant after its involvement in the refinery's 2024 commissioning. The expanded refinery will also diversify into polypropylene, urea, and Linear Alkyl Benzene, strengthening Dangote’s position as a key supplier in Africa and globally.
Dangote Group signed two major agreements worth $750 million with XCMG of China ($400M) and EIL of India ($350M) to expand its refinery and petrochemical operations.
The investments aim to increase Dangote's refinery capacity from 650,000 to 1.4 million barrels per day, boosting Nigeria's fuel self-sufficiency and supporting broader industrial growth.
XCMG will supply advanced construction equipment, while EIL will continue as the project management and engineering consultant after its involvement in the refinery's 2024 commissioning.
The expanded refinery will also diversify into polypropylene, urea, and Linear Alkyl Benzene, strengthening Dangote’s position as a key supplier in Africa and globally.
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