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https://www.youtube.com/watch?v=ja2ezil3-yI?si=QuYkxSW7DVLjemQF

Dangote Targets Steel, Power, Ports In New Industrial Push

His latest flagship project, the Dangote Petroleum Refinery & Petrochemicals, is now operational and producing about 650,000 barrels of refined products daily.

By Channels Television
March 3, 2026

President of Dangote Group, Aliko Dangote, has unveiled plans to expand into steel production, electricity generation, and port development as part of a broader ambition to accelerate industrialisation across Africa.

Dangote, whose conglomerate spans cement, sugar, salt, fertiliser, and petrochemicals, said in a statement on Monday, that his long-term goal is to deepen Africa’s manufacturing base beyond oil refining and position the continent as a global industrial force.

His latest flagship project, the Dangote Petroleum Refinery & Petrochemicals, is now operational and producing about 650,000 barrels of refined products daily. He said output is expected to double within the next three years as expansion plans progress.

However, Dangote, in a recent interview with The New York Times, indicated that refining is only one phase of a larger vision.

“We have to industrialise Africa,” he said, noting that his next focus areas include the steel industry, expanding access to electricity, and building additional port infrastructure to support large-scale manufacturing and trade.

Industry analysts say entry into steel would position the group in a sector critical to infrastructure, housing, and heavy industry, while investments in power and ports could address two of Nigeria’s most persistent constraints to economic growth.

Dangote cited India’s Tata Group as a model for diversified industrial expansion, describing the conglomerate’s multi-sector footprint as an example of how large-scale manufacturing can transform emerging economies.

Beyond expansion, Dangote said job creation remains central to his strategy. With Nigeria projected to require between 40 and 50 million new jobs by 2030, he argued that large-scale industrial projects are essential to absorbing the country’s growing youth population.

The refinery alone currently employs about 30,000 workers, approximately 80 per cent of them Nigerians. Expansion across new sectors is expected to raise total employment within the group to about 65,000.

Dangote also announced plans to list shares in the refinery on the Nigerian stock market, a move that would broaden local participation in the asset.

Despite progress, he acknowledged that infrastructure gaps and crude supply challenges remain obstacles. He has previously raised concerns about logistics bottlenecks and inefficiencies in the oil value chain that complicate feedstock supply to the refinery.

Nevertheless, Dangote said the group would continue to invest aggressively in sectors that reduce import dependence and retain economic value within Africa.

“Nobody dared to do it, so we did it,” he said, reiterating his belief that large-scale private investment is key to transforming Nigeria’s industrial landscape.

According to the statement, Dangote noted that with the cement plants operating across multiple African countries, and a refinery that has reshaped Nigeria’s downstream outlook, his next push into steel, electricity, and port infrastructure signals a new phase in his ambition to industrialise the continent.

https://www.channelstv.com/2026/03/03/dangote-targets-steel-power-ports-in-new-industrial-push/

When heaven has signed off on your destiny, even a battalion of angry keyboard warriors cannot cancel the contract.

For years, headless mobs have tried everything in their playbook, social media slander, coordinated campaigns, and even the dramatic acts of burning his trucks under one jaundiced excuse or another. Yet, somehow, the man remains not just standing, but thriving.

So by all means, let the truck burners continue their cardio. The man is already blessed, and there is very little mere mortals can do about a destiny that has clearly been rubber-stamped from above.

He should kukuma run for president make person rest

Always running what others have already and monopolising, Make God juz make me hit this tax and leave this country for life, make we never meet again God please 🙏

If it’s guaranteed to become operational, he should be given the chance to take 100% control with a clause to go public after a m-coming of 5 years.

naptu2:

https://www.youtube.com/watch?v=ja2ezil3-yI?si=QuYkxSW7DVLjemQF



https://www.channelstv.com/2026/03/03/dangote-targets-steel-power-ports-in-new-industrial-push/

Dangote: How One Man Industrialised Nigeria. That'll be the title of the book.

But The Economist may prefer - "Dangote: How One Man Transformed a Backwater West African Country to an Industrial Power"

Forbes will go with - "Dangote: The Mogul that Remade Nigeria"

Not to forget the Financial Times - "Is Dangote Africa's Lee Kwan Yew?"

No big business minded Nigerian will rush to dt sector, till he breaks the ground for a factory ND dominates...

Next is they screaming monopoly

Federal Republic of Dangote niyen o

OGA DANGOTE ABEG ALLOW ALLAH TO USE YOU REDUCE FUEL TO N400 PER LITER

njokuuche77:
He should kukuma run for president make person rest

Not necessaary.
The richest men in US, Europe don't even bother becoming presidents

Make this man kuku buy Nigeria

As other billionaires look on.
I do not want anybody shouting monopoply when he start production. He alone as the monopoly of the initiative and he should enjoy such alone.

He should just target governance as well since that aspect is also no working

This is good news. Others that have the capital and where wither should take cue from Dangote. Imagine Nigeria has 20 Dangote where the country will be among the comity of nations.

Dangote for don enter power sector since, because oil and power are the main driving force of the Nigerian economy before anything else. Good sha, never late. But we go like to see Nigeria develop in our time and not just a future thing.

njokuuche77:
He should kukuma run for president make person rest

His mind isn't as little as yours.
Run for which Presidency?

Just 4 more Dangotes and this country will be Eldorado.

Private sector will lead the economy,

Dangote Rockefeller..

The true owner of the entity called Nigeria

Gradually Dangote will get top 20 spot on the Forbes list

Most of this investment are indirectly owned by the joint collaboration of our looters, so they make it hard for others to do this things to avoid favourable competition, and this single act is killing our industrialization. Have you ever asked why it's only Dangote that gets easy access to most of this industrial licenses and CBN FX loans .
I know some well todo !gbo and Yoruba brothers who wanted to establish battery and tire manufacturing companies but they are facing a lot of government policies hurdles and getting licenses was like a camel going through a needle. Some of them have given up and have chosen Ghana for their micro industries

Nothing spoil as long as there are regulations to protect Nigeria's interest.

Caution must be applied before handing over the entire country to one man.

He’s biggar than your pręsidęnt… he is the owner of Nigeria… even google knows it.

Malagans:
His mind isn't as little as yours.
Run for which Presidency?

You should know a sarcastic post if you have a big mind.
Relax. Not every sentence needs to be taken literally. Context is free.

Dude is growing gradually as he aims to increase is worth daily while the leaders elected to lead are more concerned about 2027 elections while the country is on reverse drive.

Noted.

He is welcome, business is better managed by private institute than govrmnt.

DEROXMAN:
Always running what others have already and monopolising, Make God juz make me hit this tax and leave this country for life, make we never meet again God please 🙏

Is he stopping you from "monopolising" any sector of the national economy? Some of you and myopia are inseperable.

RightToReject:
Is he stopping you from "monopolising" any sector of the national economy? Some of you and myopia are inseperable.

I can never expect more from your type

njokuuche77:
He should kukuma run for president make person rest

Make Nigerians finish him Money 😅😂🤣

https://www.youtube.com/watch?v=jG1VNSCsP5Q

spiSeyi:
Most of this investment are indirectly owned by the joint collaboration of our looters, so they make it hard for others to do this things to avoid favourable competition, and this single act is killing our industrialization. Have you ever asked why it's only Dangote that gets easy access to most of this industrial licenses and CBN FX loans .
I know some well todo !gbo and Yoruba brothers who wanted to establish battery and tire manufacturing companies but they are facing a lot of government policies hurdles and getting licenses was like a camel going through a needle. Some of them have given up and have chosen Ghana for their micro industries

Battery that Chinese are doing in Ogun state, do they have the funds for tyre
Huge Loans ain't easy to get bro, anywhere in the world 🤷🏿. Tinubu floated naira, let everyone get to work 📌

DEROXMAN:
I can never expect more from your type

Stop the envy. Instead of envying him, start emulating him. For one, he isn't monopolizing anything. The Nigerian economic space is too large and fertile to accommodate and prosper any enterprising person.

This is great steal is richer in revenue than oil but very capital intensive ministry of mining have advertise for free license for 8 yrs now no one want to commit their money but dangote pull big risk and it pay him heavy on long run