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In New Industrialisation Push, Dangote Plans Investment in Steel, Power Generation, Ports

by News Break
March 3, 2026
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In New Industrialisation Push, Dangote Plans Investment in Steel, Power Generation, Ports
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• Dangote Refinery deepens local content drive, inducts 330 graduate engineers

Peter Uzoho and Sunday Ehigiator

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.

Leaked video exposes what's really happening

This comes as the Dangote Petroleum Refinery and Petrochemicals inducted 330 graduate engineers into its technical workforce, reinforcing its commitment to deepening local content development and strengthening Nigeria’s engineering talent pool.

Dangote, whose conglomerate spans cement, sugar, salt, fertiliser, and petrochemicals, said his long term goal was 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 has been operational for over two years and is producing different kinds of petroleum products from the 650,000 barrels per day capacity plant.

The richest blackman on earth said the output of the refinery was expected to double within the next three year as expansion plans progress.

In a recent interview with The New York Times, according to a statement by Dangote Group, the billionaire industrialist indicated that refining is only one phase of a larger vision.

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“We have to industrialise Africa,” Dangote 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.

The statement quoted industry analysts as saying 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, the statement said.

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.

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

Meanwhile, the Dangote Petroleum Refinery and Petrochemicals has inducted 330 graduate engineers into its technical workforce, reinforcing its commitment to deepening local content development and strengthening Nigeria’s engineering talent pool.

The induction ceremony, held at the refinery complex, marked the formal onboarding of the new engineers drawn from leading tertiary institutions across the country.

They join other trainees who have undergone extensive world-class training, technical mentorship and rotational exposure across key units within the refinery and petrochemicals value chain.

In his address, the Chief Executive Officer of the refinery, Mr. David Bird, described the development as a strategic milestone in the company’s human capital investment drive.

“This induction marks another strategic step in our drive to build local capacity, strengthen Nigeria’s engineering talent pool, and ensure sustained operational excellence across our integrated energy infrastructure,” Bird said.

He commended the trainees for their performance during the programme, adding: “You have shown exceptional dedication throughout your training. We have created a favourable work environment for you to display your potential, and we expect you to continue learning and improving.”

Charging them to give their best, he noted, “The training has prepared you for what is expected of you in a world-class, modern refinery like the Dangote Petroleum Refinery and Petrochemicals. We expect excellence, innovation and commitment in your various areas of operation.”

The trainee engineers, drawn from core disciplines including Chemical Engineering, Electrical and Electronic Engineering, Mechanical Engineering and Instrumentation, concluded their classroom sessions with project presentations and defence before members of management.

Their projects focused on modelling the entire refinery process, research and development, and proffering practical solutions to current and future operational challenges within the plant.

Coordinator of the programme and Assistant General Manager, Human Asset Management, Dr. Ebele Oputa, said the initiative underscores the refinery’s dedication to nurturing local talent.

“The refinery management designed the training in such a way that the young engineers could match the theory learnt in their schools with practical training offered during the refinery programme,” she added.

According to her, “This is meant to develop their practical and leadership skills over time to effectively guide their teams in professional and personal development. While some individuals may have a natural inclination to lead, leadership skills can also be honed, allowing all management trainees to excel in leadership roles over time.”

She added that the structured training path would boost the engineers’ confidence and prepare them for workplace challenges.

“They pass through induction, observation and shadowing at the refinery, equipment training in class, hands-on training at the refinery, plant unit-wise training in the production area, and supervised working with coaching for the rest of their time,” Oputa explained.

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