Africa’s largest refinery, owned by Aliko Dangote, has ramped up exports of petrol and fertiliser to several African countries grappling with supply shortages triggered by the ongoing Iran war.
Dangote disclosed on Monday that the refinery has the capacity to meet rising demand across the continent, revealing that about 17 cargoes of petrol have already been shipped to various African nations.
Speaking during a visit by Amina Mohammed to the Dangote Industries refinery and fertiliser complex in Ibeju-Lekki, Lagos, he said the company is increasingly shifting focus to African markets.
He noted that fertiliser exports, particularly urea, have also seen a recent surge as countries seek alternative supply sources amid global disruptions. Although he did not provide exact figures, Dangote emphasized the refinery’s readiness to supply West, Central, and East Africa.
“What I can do is assure Nigerians and most of Africa that we have the capacity to supply them,” he said.
The fertiliser plant has an annual production capacity of about three million metric tonnes of urea, with a significant portion traditionally exported to markets in the United States and South America.
Despite the refinery’s growing output, fuel prices in Nigeria remain at record highs, largely due to persistent increases in global crude oil prices. Dangote, however, expressed optimism that securing more crude supplies priced in local currency could help reduce fuel costs in the country.
