Key Highlights
Dangote Group has signed a $400 million agreement with XCMG Construction Machinery for refinery and industrial expansion.
The expansion aims to increase the Dangote Petroleum Refinery's output from 650,000 barrels per day to approximately 1.4 million barrels per day.
The phased deployment of equipment is scheduled over the next three years.
Dangote Petroleum Refinery delivered an average of 40.1 million litres of Premium Motor Spirit (PMS) per day in January 2026.
This deal aligns with Dangote's “Dangote Vision 2030” strategy, targeting a $100 billion pan-African industrial powerhouse.
Dangote Group has entered into a significant $400 million construction equipment agreement with XCMG Construction Machinery, a move designed to bolster its refining and industrial operations throughout Africa. The announcement, made on February 17, 2026, outlines the strategic partnership aimed at enhancing the group's capacity in its flagship refinery and other large-scale industrial projects.
The agreement anticipates a phased deployment of equipment over the next three years. This investment is projected to escalate the Dangote Petroleum Refinery & Petrochemicals output from its current 650,000 barrels per day to approximately 1.4 million barrels per day, potentially ranking it among the world’s largest refineries.
According to the company, this partnership is geared towards enhancing execution speed and overall capacity across its expanding mega-project portfolio. The newly acquired equipment will complement existing machinery at the refinery and other industrial sites, playing a crucial role in meeting projected development timelines.
The refinery expansion is a key component of Dangote Group’s broader industrial growth strategy, which is focused on deepening local production capabilities and reinforcing value chains across the African continent. The Lekki-based refinery, already designed with a substantial 650,000 barrels per day capacity, is set to further strengthen the domestic supply of refined petroleum products, petrochemicals, and fertiliser, while also boosting export opportunities in both African and global markets.
Beyond crude refining, the investment will also target growth in downstream and allied product lines, including the expansion of Linear Alkyl Benzene production, a key raw material for manufacturing detergents and cleaning products.
The agreement is in alignment with the group’s long-term “Dangote Vision 2030” strategy, aimed at establishing a $100 billion pan-African industrial powerhouse. This roadmap emphasizes expanding operations across refining, petrochemicals, fertiliser, agriculture, and infrastructure sectors.
The federal government reported that Dangote Petroleum Refinery delivered an average of 40.1 million litres of Premium Motor Spirit (PMS) per day in January 2026, underscoring its significance in the national fuel supply chain.
