https://en.sputniknews.africa/20250907/nigerias-oil-refinery-will-displace-european-markets-in-west-africa-expert-says-1077959268.html
Nigeria's Oil Refinery Will 'Displace European Markets in West Africa,' Expert Says
Nigeria's Oil Refinery Will 'Displace European Markets in West Africa,' Expert Says
Sputnik Africa
Could Nigeria’s cutting-edge technology catapult the country into the league of global oil powerhouses? According to one Nigerian scholar, the Dangote Refinery... 07.09.2025, Sputnik Africa
2025-09-07T11:00+0200
2025-09-07T11:00+0200
2025-09-07T11:00+0200
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Nigeria's Oil Refinery Will 'Displace European Markets in West Africa,' Expert Says
Sputnik Africa
Could Nigeria’s cutting-edge technology catapult the country into the league of global oil powerhouses? According to one Nigerian scholar, the Dangote Refinery is a "bold proof of concept" for Africa’s energy independence.
Nigeria marked a turning point in its energy sector on May 22, 2023, with the inauguration of the Dangote Petroleum Refinery in Lekki. Valued at $20 billion and capable of processing 650,000 barrels of crude oil per day, it is the largest single-train refinery in the world. The facility was conceived to end decades of fuel shortages and the country’s heavy reliance on imports, potentially saving Nigeria $25–$30 billion annually in foreign exchange. Beyond meeting domestic demand, the refinery supplies neighboring African nations, supports downstream industries such as fertilizers and petrochemicals, and creates thousands of jobs. Energy experts note that as Dangote scales operations and demonstrates technological efficiency, it could eventually challenge European refiners in regional markets, signaling a broader shift in Africa’s role in the global energy landscape. The refinery stands as a landmark project, exemplifying how strategic investment and modern technology can drive energy independence and industrial growth on the continent.African Currents held a conversation with Associate Professor Ebuka Nwankwo, Department of Civil Engineering, University of Benin, Nigeria, about the impact of the Dangote Petroleum Refinery on Africa’s energy landscape and economic development.Want to hear more from our guest? Catch the full conversation on the African Currents podcast, brought to you by Sputnik Africa.You’ll find our episodes not just on the website, but also on Telegram.► You can also stream our podcast on Apple Podcasts, Spotify, Deezer, Pocket Casts, Afripods, Podcast Addict.► Check out all the episodes of African Currents.
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Nigeria's Oil Refinery Will 'Displace European Markets in West Africa,' Expert Says
Could Nigeria’s cutting-edge technology catapult the country into the league of global oil powerhouses? According to one Nigerian scholar, the Dangote Refinery is a "bold proof of concept" for Africa’s energy independence.
Nigeria marked a turning point in its energy sector on May 22, 2023, with the inauguration of the Dangote Petroleum Refinery in Lekki. Valued at $20 billion and capable of processing 650,000 barrels of crude oil per day, it is the largest single-train refinery in the world. The facility was conceived to end decades of fuel shortages and the country’s heavy reliance on imports, potentially saving Nigeria $25–$30 billion annually in foreign exchange. Beyond meeting domestic demand, the refinery supplies neighboring African nations, supports downstream industries such as fertilizers and petrochemicals, and creates thousands of jobs.
Energy experts note that as Dangote scales operations and demonstrates technological efficiency, it could eventually challenge European refiners in regional markets, signaling a broader shift in Africa’s role in the global energy landscape. The refinery stands as a landmark project, exemplifying how strategic investment and modern technology can drive energy independence and industrial growth on the continent.
African Currents held a conversation with Associate Professor Ebuka Nwankwo, Department of Civil Engineering, University of Benin, Nigeria, about the impact of the Dangote Petroleum Refinery on Africa’s energy landscape and economic development.
"When you compare some of the refineries in Europe to the Dangote [Oil] refinery, you see that the Dangote Refinery is more efficient. So what does that tell you? Yes, some European markets will be displaced, especially in the West African corridor [...]. Dangote refinery had made Nigeria sufficient in gasoline and diesel [...]. But the most important thing to note here is that the technology, the single-train technology that Dangote is using, if you use this technology for a large-scale production like that, you get a very efficient process [...]. In terms of fertilizer, as you are aware, the fertilizer plant is just close to the refinery in the same free trade zone, and the fertilizer is already 3 million tonnes per year for production. So the byproducts of Dangote Refinery are creating a new set of industries," Nwankwo said.
Want to hear more from our guest? Catch the full conversation on the African Currents podcast, brought to you by Sputnik Africa.
You’ll find our episodes not just on the website, but also on
Telegram.► Check out all the episodes of African Currents.