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“You Haven’t seen Anything Yet” –Dangote Teases Bigger Projects After Presidential Visit to Refinery

In what could be a pivotal moment for Nigeria’s industrial future, Aliko Dangote, Africa’s wealthiest man and founder of the Dangote Group has signaled plans for another wave of groundbreaking ventures, shortly after hosting the President of Nigeria at the newly launched Dangote Refinery in Lagos.

Speaking to journalists after the high-level presidential visit, Dangote was reflective, candid, and optimistic about both the progress made and the vision ahead.

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“It was a huge, very, very huge project,” he said of the refinery. “Even we didn’t fully know what it would entail when we announced it. We went through a lot, rough terrain, delays, logistical issues. But we thank God, we’re now up and running.”

The Dangote Refinery, located in the Lekki Free Trade Zone, is one of the most ambitious industrial projects ever undertaken in Africa. With a processing capacity of 650,000 barrels per day, it is the largest single-train refinery in the world and aims to significantly reduce Nigeria’s reliance on imported refined petroleum products.

Its successful launch marks a turning point not just for the Dangote Group but for Nigeria’s energy sector, long plagued by underutilized refineries and dependence on foreign supply. According to Dangote, Nigeria is already making waves globally as one of the top suppliers of jet fuel to Europe — a development few thought possible a decade ago.

“The scale of the refinery is monumental,” said oil and gas analyst Dayo Alade of StratCore Insights. “But what’s more important is that it changes the game for Nigeria’s trade balance, energy independence, and regional influence.”

President Bola Ahmed Tinubu, who toured the refinery with key ministers and senior executives, was visibly impressed by the magnitude of the project. The visit is being interpreted as a show of federal support for local industrialists who are taking on complex infrastructure challenges once deemed the domain of governments.

Dangote, however, suggested that the President had only seen a glimpse of what’s to come.

“What he has seen is nothing yet,” Dangote told reporters. “We are actually going to go on a major, major, major, massive trajectory much more than what you’ve seen here.”

While Dangote offered few details, he hinted that a major announcement would be made on Monday, sparking speculation across business and policy circles. Insiders suggest the Dangote Group may be looking to expand into petrochemicals, green energy, or advanced manufacturing at a scale that could rival the refinery project.

Others point to the possibility of regional expansions or strategic partnerships with global players looking to deepen their footprints in Africa’s booming energy and infrastructure sectors.

“Knowing Dangote, this won’t be incremental. It’ll be transformational,” said Bola Osho, a Lagos-based industrial economist. “We’re likely looking at something that creates jobs, stimulates exports, and deepens Nigeria’s integration into global value chains.”

This isn’t the first time Dangote has defied expectations. From cement to sugar to fertilizers, his conglomerate has played a defining role in reducing Africa’s import dependency and boosting intra-African trade. The refinery, however, is arguably his most daring and consequential project to date.

Conceived over a decade ago, the refinery has faced repeated delays, financing hurdles, and logistical challenges. But its commissioning and first production runs in 2024 signaled the culmination of sheer determination, strategic patience, and an unshakable belief in Nigeria’s potential.

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Dangote’s remarks have reignited conversations around Africa’s industrialization and the role of indigenous entrepreneurs in shaping that future. With Nigeria battling foreign exchange shortages, unemployment, and infrastructure gaps, large-scale private-led initiatives like this are increasingly seen as part of the solution.

While details remain under wraps, all eyes are now on Monday, when Dangote is expected to unveil the next phase of what many are calling “Nigeria’s Industrial Revolution.”

“This refinery is just the beginning,” Dangote said. “In five years, it may be in the background compared to what we’re about to do.”

For now, one thing is clear: Africa’s most prominent industrialist is not done building — and the world is watching.

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