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.
Red Africa Red Africa Red (written RED) is a Nigerian media company with interests in public relations, communication, media production and human development, with a focus on youth. Its headquarters is in Lagos. Red owns the brands "YNaija," "Red Media Africa,"The Future Awards Africa and StateCraft Inc. Its founders are Chude Jideonwo and Adebola Williams. They were awarded Young Business Leader of the Year in the All Africa Business Leaders Awards in 2014. Its founders are Chude Jideonwo and Adebola Williams. They were awarded Young Business Leader of the Year in the All Africa Business Leaders Awards in 2014. They met on