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Dangote Refinery Secures $2.5B to Double Lekki Plant Output by 2028

2026-07-27 04:25:02

According to Russian news agency TASS, Dangote Refinery secured $2.5 billion in financing on July 27 to expand its Lekki facility. The refinery's daily processing capacity is targeted to double from 650,000 barrels to 1.4 million barrels by 2028.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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