{"id":4274,"date":"2026-09-15T17:43:32","date_gmt":"2026-09-15T17:43:32","guid":{"rendered":"https:\/\/consumerconnectng.com\/?p=4274"},"modified":"2026-09-15T17:52:46","modified_gmt":"2026-09-15T17:52:46","slug":"ceo-dangote-petroleum-refinery-building-africas-capacity-to-power-the-world","status":"publish","type":"post","link":"https:\/\/consumerconnectng.com\/?p=4274","title":{"rendered":"CEO: Dangote Petroleum Refinery building Africa&#8217;s capacity to power the world"},"content":{"rendered":"<p>*<strong><em>David Bird, CEO of Dangote Petroleum Refinery, says with a 700,000-barrels-per-day capacity, global-standard products, and a vision to scale to 1.4 million barrels per day, the Refinery is positioning Nigeria at the centre of Africa\u2019s energy transformation<\/em><\/strong><\/p>\n<p>Gbenga Kayode | ConsumerConnect<\/p>\n<p>Following the official listing of the Dangote Petroleum Refinery and Petrochemicals&#8217; N2.15 trillion new Ordinary Shares on the Nigerian Exchange (NGX), the Management of the company have described the facility as &#8220;more than a refinery&#8221; but a pan-African energy platform built for global impact.<\/p>\n<p><em>ConsumerConnect<\/em> reports Mr. David Bird, Chief Executive Officer (CEO) of Dangote Petroleum Refinery, in Lagos, stated this September 11, 2026, in connection with the oil-refining company&#8217;s much-expected Initial Public Offering (IPO).<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"PTwB1CX6xw\"><p><a href=\"https:\/\/consumerconnectng.com\/?p=4278\">Public Alert: NAFDAC warns consumers against suspected fake toothpaste in circulation<\/a><\/p><\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"\u201cPublic Alert: NAFDAC warns consumers against suspected fake toothpaste in circulation\u201d \u2014 Consumer Experience Is A Top Priority\" src=\"https:\/\/consumerconnectng.com\/?p=4278&amp;embed=true#?secret=jgqErSA7bD#?secret=PTwB1CX6xw\" data-secret=\"PTwB1CX6xw\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>According to the prospectus for share subscription, the Dangote Refinery IPO share price is \u20a6525 per share, with a minimum subscription of 10 shares, costing total \u20a65,250.<\/p>\n<p>The landmark public offering officially opened on the Nigerian Exchange Monday, September 14, 2026, and it is scheduled to close October 13 this year.<\/p>\n<p>Describing the scope and scale of the IPO, Mr. Bird like Alhaji Aliko Dangote, President\/Chief Executive of Dangote Industries Limited (DIL) said in a recent interview on CNN, also described the IPO as &#8220;Africa&#8217;s biggest Investment&#8221; ever.<\/p>\n<p>Dangote led the Management, investors, and some corporate titans to launch the Refinery&#8217;s total shares of 4.1 billion Ordinary Shares (with a 30 percent greenshoe overallotment option).<\/p>\n<p>Bird, Chief Executive of Dangote Refinery, also stated of the continent&#8217;s place in the global economy.<\/p>\n<p>He said: &#8220;Africa is no longer supplying only raw materials.<\/p>\n<p>&#8220;Africa is building the capacity to power the world.&#8221;<\/p>\n<p>In regard to the increased capacity of the oil-refining facility, he noted that with a 700,000-barrels-per-day (bpd) capacity, global-standard products, and a vision to scale to 1.4 million barrels per day, &#8220;the Dangote Refinery is positioning Nigeria at the centre of Africa\u2019s energy transformation.&#8221;<\/p>\n<p>Bird asserted: &#8220;This is more than a refinery.<\/p>\n<p>&#8220;It is a pan-African energy platform built for global impact.&#8221;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>*David Bird, CEO of Dangote Petroleum Refinery, says with a 700,000-barrels-per-day capacity, global-standard products, and a vision to scale to 1.4 million barrels per day,&hellip;<\/p>\n","protected":false},"author":2,"featured_media":4271,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"_FSMCFIC_featured_image_caption":"Alhaji Aliko Dangote, President\/Chief Executive of Dangote Industries Limited (l) and Mr. David Bird, Chief Executive Officer of Dangote Petroleum Refinery, at the Signing Ceremony of the Oil-Refining Company's IPO on NGX, in Lagos       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href=\"https:\/\/consumerconnectng.com\/?cat=20\" rel=\"category\">Highlights<\/a> <a href=\"https:\/\/consumerconnectng.com\/?cat=3\" rel=\"category\">InfoEducation<\/a> <a href=\"https:\/\/consumerconnectng.com\/?cat=4\" rel=\"category\">Markets<\/a>","tag_info":"Markets","comment_count":"0","_links":{"self":[{"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=\/wp\/v2\/posts\/4274","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4274"}],"version-history":[{"count":2,"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=\/wp\/v2\/posts\/4274\/revisions"}],"predecessor-version":[{"id":4289,"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=\/wp\/v2\/posts\/4274\/revisions\/4289"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=\/wp\/v2\/media\/4271"}],"wp:attachment":[{"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}