Dangote Refinery Dangote Refinery The Dangote Refinery is an oil refinery owned by the Dangote Group that is under construction in Lekki, Nigeria. When complete, it will have a capacity to process about 650,000 barrels per day of crude oil. Nigerian businessman Aliko Dangote unveiled early plans for the refinery in September 2013, when he announced that he had secured about $3.3 billion in financing for the project. At the time, the refinery was estimated to cost about $9 billion, of which $3 billion would be invested by the Dangote Group and the remainder via commercial loans, and begin production in 2016.
Panama Papers in these holding companies belong to his wife's family and therefore he was not required to report them. ANCIR dismisses this because: However, leaked documents do link her to the firm. But a handwritten note suggests Mossack Fonseca was aware that she was a nominee director. Aliko Dangote, chief executive of the Dangote Group, is tied in the leaked documents to four offshore companies, and to as many as 13 if his family and business associates are included. Dangote, with an estimated $17 billion worth, is currently involved in the construction of a $14 billion oil refinery in Lagos. Former