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.
Aliko Dangote 2011, Dangote was awarded Nigeria's second-highest honour, the Grand Commander of the Order of the Niger (GCON) by the former President, Goodluck Jonathan. Dangote reportedly added $24.2 billion to his personal wealth in 2013, according to the Bloomberg Index, making him the thirtieth-richest person in the world at the time, in addition to being the richest person in Africa. In 2014, the Nigerian government said Dangote had donated 150 million naira (US$750,000) to halt the spread of ebola. In May 2015, Dangote expressed interest in purchasing the English football team Arsenal. He stated that if he was able to make