The investment is massive, but could yield up to 20 billion dollars a year. The Lekki powerhouse project is generating a lot of interest, with four new refinery projects in the pipeline.
Published on November 2024
Dangote: The battle of Lekki
Aliko Dangote during the France-Sudan Business Forum, organised by the Medef in May 2021. BRUNOLEVY/DIVERGENCE IMAGES
Stakes
Dangote and the battle of Lekki
He's the richest African in the world. Aliko Dangote has seen his fortune soar with the commissioning of his colossal refinery on the outskirts of Lagos. This mammoth project is designed to enable Nigeria, an exporter of black gold, to stop importing its fuel... despite opposition from certain all-powerful lobbies.
Cement, rice, sugar, trucks... and now fuel. The conglomerate is ensuring its success by providing your basic needs. The long-term goal is to produce everything locally, making the country self-sufficient and an exporter.
Published on November 2024