Dangote Group

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Dangote Group

Dangote Group

@DangoteGroup

Driving Africa’s economic growth through industrial excellence and empowering lives.

Lagos - Nigeria, West Africa Katılım Ağustos 2010
44 Takip Edilen398.6K Takipçiler
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Dangote Group
Dangote Group@DangoteGroup·
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Ngozi Okonjo-Iweala
Ngozi Okonjo-Iweala@NOIweala·
Joining a thousand staff of @DangoteGroup and the Dangote Women’s Network for their International Women’s Day celebration with the theme “Rise to Gain”. With opening remarks by Alhaji Aliko Dangote and Nglan Niat, Group HR Chief; great moderation by Hajiya Halima Dangote, Group ED; and closing remarks by Zouera Youssoufou, MD and CEO of the @AlikoDangoteFdn, and Hajiya Fatima Dangote, Group ED Commercial Operations. Great discussion on institutionalizing approaches that can help improve gender equality and help women rise. It was lovely to see Dangote women featured below, dressed like me. Thank you so much, I had fun!
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Dangote Group
Dangote Group@DangoteGroup·
8 key talking points from a Media Chat with the Managing Director/CEO, Dangote Petroleum Refinery, David Bird Dangote Refinery will continue to meet Nigeria’s fuel demand despite global supply disruptions and market volatility. Domestic refining gives Nigeria supply security, ensuring the country avoids fuel shortages and queues even when global markets are disrupted. Even under the crude-for-naira arrangement, Nigerian crude is purchased at international benchmark prices, meaning the refinery does not receive discounted crude. Import dependent countries are worst hit as the global oil crisis escalate. Global oil markets are experiencing extreme volatility, with crude prices rising from the mid-$60 range to nearly $120 per barrel within a week. The refinery is fully exposed to international commodity markets, including crude oil prices, freight rates, insurance, and financing costs. Freight costs have surged dramatically, with tanker costs rising from about $800,000 to roughly $3.5 million per shipment in the current market environment. Dangote Refinery operates at its full nameplate capacity of about 650,000 barrels per day, with potential to increase production to around 700,000 barrels per day.
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Dangote Group
Dangote Group@DangoteGroup·
Dangote Refinery Reaffirms Commitment to National Energy Stability Amid Global Market Volatility Dangote Petroleum Refinery & Petrochemicals reassures Nigerians of its unwavering commitment to serving as a stabilising force amid recent shocks in the international oil market. The conflict in the Middle East has led to the shutdown of some refineries and cut in refinery production across the world. This is leading to a global scarcity of petroleum products. China has banned export of gasoline and diesel. The Dangote Refinery will ensure that Nigeria is insulated from these supply shocks by prioritising supply to the domestic market. This is one of the many benefits of domestic refining The conflict has driven global crude and freight prices sharply higher, with benchmark Brent prices rising by about 26% within a short period to above $84.0 per barrel. In response, the refinery implemented a measured adjustment of N100 per litre in its ex-depot price of Premium Motor Spirit, representing an increase of about 12%. The refinery has absorbed 20% of the cost escalation, for now, to cushion the domestic market. This is despite continuing to source crude at prevailing international market prices, whether purchased locally or from foreign suppliers. It is worth noting that Nigerian crude oil is more expensive than the Brent benchmark price by $3 to $6 per barrel. After adding freight of $3.50 per barrel, crude oil will be landing in our tanks between $88 and $91 per barrel. For context, crude oil was landing our tanks at about $68 per barrel when our ex-depot price was N774/litre. Furthermore, while we receive about five cargoes a month from NNPC which we pay for in Naira, these cargoes are priced at international market prices + Premium and fall short of the 13 cargoes which we require to support sales into Nigeria. We therefore, end up procuring foreign exchange at open market rates to pay for crude cargoes purchased from local and international traders. The high crude cost is compounded by the fact that Nigeria upstream producers have failed to supply crude oil to the refinery as required under the PIA, forcing us to source a substantial portion through international traders who charge an additional premium. As a private enterprise operating in a deregulated environment, Dangote Petroleum Refinery has remained responsive and has made significant sacrifices by aligning pricing with market realities to ensure sustainability, particularly as it sources all its crude at prevailing international market prices, whether locally or from foreign suppliers. Selling below cost would undermine its ability to procure crude, sustain production and guarantee uninterrupted supply to Nigerians. Despite these pressures, local refining at this scale continues to reduce exposure to international supply disruptions, moderate foreign exchange demand and protect the country from severe shortages during periods of global instability. The refinery is also accelerating deployment of Compressed Natural Gas-powered trucks to cushion the impact of global shocks, enhance nationwide distribution efficiency, reduce logistics costs and improve delivery timelines across the downstream sector. The rollout is scheduled to commence this month. We remain committed to transparency, operational excellence and the long-term objective of securing sustainable energy security and stability for Nigeria at an affordable cost.
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Dangote Group
Dangote Group@DangoteGroup·
At Dangote Industries Limited, fitness is more than a routine — it’s part of our culture. By embracing healthier lifestyles, we nurture teamwork, positivity, and long-term well-being across our workforce. And that is why February was dedicated to improved health with our #FitFeb 2026 campaign.
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Dangote Group
Dangote Group@DangoteGroup·
Frame 1: From left: President/CE, Dangote Industries Limited, Aliko Dangote; Chairman, Sinoma International Engineering, Lin Zhong Sinoma (Nanjing); at the MOU signing between Dangote Cement Plc and Sinoma International Engineering on Strategic Framework Agreement for the execution of twelve (12) new construction and expansion projects across the Group, in Lagos on Friday, February 2026. Frame 2: From left: Group Managing Director/CEO, Dangote Cement Plc, Arvind Pathak; Vice President, Dangote Industries Limited, Olakunle Alake; Chairman, Dangote Cement Plc, Emmanuel Ikazoboh; President/CE, Dangote Industries Limited, Aliko Dangote; Chairman, Sinoma International Engineering, Lin Zhong Sinoma (Nanjing); EVP, Sinoma International Engineering Zhang Jian Sinoma (Nanjing); CEO, Sinoma International Engineering, Xia yi Sinoma (Suzhou) at the MOU signing between Dangote Cement Plc and Sinoma International Engineering on Strategic Framework Agreement for the execution of twelve (12) new construction and expansion projects across the Group, in Lagos on Friday, February 2026. Frame 3: From left: Chairman, Dangote Cement Plc, Emmanuel Ikazoboh; Group Managing Director/CEO, Dangote Cement Plc, Arvind Pathak; President/CE, Dangote Industries Limited, Aliko Dangote; Chairman, Sinoma International Engineering, Lin Zhong Sinoma (Nanjing); at the MOU signing between Dangote Cement Plc and Sinoma International Engineering on Strategic Framework Agreement for the execution of twelve (12) new construction and expansion projects across the Group, in Lagos on Friday, February 2026.
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Dangote Group
Dangote Group@DangoteGroup·
From left: Managing Director/CE, Total Energies EP Nigeria, Matthieu Bouyer; Managing Director, Total Energies Marketing Nigeria; Wilfred Konde; President Exploration and Production, Total Energies; Nicolas Terraz; President/Chief Executive, Dangote Industries Limited, Aliko Dangote; Group Executive Director, Oil & Gas, Dangote Industries Limited, Fatima Aliko Dangote; President, Downstream, Marketing and Services, Total Energies, Bernard Pinatel; Senior Vice President Africa, Total Energies Marketing Services, Jean-Philippe Torres, during Total Energies top Executives visit to Dangote Industries Head Office, in Lagos on Friday, February 27, 2026.
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NNPC Limited
NNPC Limited@nnpclimited·
PRESS RELEASE NNPC Ltd, Dangote Group Forge Strategic Alliance to Accelerate Nigeria's Energy Security, Prosperity The Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, today led a delegation of the company's management to the Dangote Refinery and Petrochemical Complex in Ibeju-Lekki, Lagos State, for high-level discussions that culminated in a renewed commitment to strategic collaboration between the two companies. Read the full press release when you visit nnpcgroup.com/insights/press…
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Dangote Group
Dangote Group@DangoteGroup·
HAPPENING NOW: President/Chief Executive, Dangote Industries Limited, Aliko Dangote, hosts NNPC Group CEO, Bayo Ojulari, and top executives at the Dangote Petroleum Refinery and Petrochemicals, Saturday, 21 February 2026.
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Dangote Group
Dangote Group@DangoteGroup·
Dangote Vision 2030 outlines our drive to build a $100bn pan African industrial powerhouse by accelerating growth across our major businesses, deepening investments across the continent, and strengthening human capital to reduce import dependence, create jobs, and advance sustainable industrialisation. Africa First.
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Dangote Group
Dangote Group@DangoteGroup·
Celebrating Loyalty. Honouring Partnership. ✨ An unforgettable Customer Celebration & Award Dinner to appreciate the partners driving the success of Dangote Salt & Dangote Seasoning🏆
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Dangote Group
Dangote Group@DangoteGroup·
"Nigerians should thank God for Dangote."
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