Nigeria is on course to become a global leader in fertiliser and petrochemicals, according to Aliko Dangote, President of the Dangote Group, who revealed his company’s ambition to become the world’s largest exporter of urea fertiliser by 2026.
Dangote made the announcement on Monday while briefing journalists at the Dangote Refinery complex in Lagos, during an event commemorating the one-year anniversary of the refinery’s gasoline rollout.
Speaking with confidence, the billionaire industrialist said the group is scaling up operations to firmly position Nigeria at the centre of the global urea market.
“We’re actually targeting to be the largest exporter of urea fertiliser in the world. And that’s a big celebration for Nigeria,” Dangote said.
He explained that fertiliser exports will not only increase Nigeria’s foreign exchange earnings but also help strengthen food security across Africa, where fertiliser demand far exceeds supply.
Turning to petrochemicals, Dangote highlighted progress in polypropylene production, a vital raw material for industries such as packaging, textiles, and automotive manufacturing.
“Nigeria will be the largest exporter of Polypropylene in Africa. It will be the largest supplier of Polypropylene. And we are not deterred by all this noise coming through,” he declared.
Analysts suggest the development could reposition Nigeria as a major petrochemical hub, reducing the continent’s dependence on imports from Asia and Europe.
The refinery anniversary also featured the unveiling of 1,000 Compressed Natural Gas (CNG) trucks to enhance petroleum product distribution nationwide. Dangote disclosed that the trucks are part of a broader plan to deploy 4,000 CNG trucks by year-end, a project costing over N2 trillion, with each truck priced between N170 million and N190 million.
He explained that the initiative is designed to ease logistics challenges, cut transportation costs, expand fuel access, and create thousands of jobs.
“We are saying that there will be lots of jobs. Are our own trucks to be driven by robots? They are not robotic trucks. By the time you involve a workshop manager, mechanical, electric truck, people who look after cars, people who look at the logistic movement of the truck, dispatch, every truck will have about six people,” he said.
According to Dangote, the planned 4,000-truck rollout will create at least 24,000 direct and indirect jobs, with drivers set to earn salaries three to four times above the national minimum wage, underscoring the company’s pledge to improving livelihoods.
Looking ahead, Dangote revealed that the company will also embrace sustainable energy solutions.
“Our next phase is that, from February next year, we are looking at doing electric vehicles,” he announced, confirming that the group will begin deploying electric trucks in January 2026 in alignment with global energy transition trends
Please don’t forget to “Allow the notification” so you will be the first to get our gist when we publish it.
Drop your comment in the section below, and don’t forget to share the post
Keep up with the latest news and be part of our weekly giveaways and airtime…
Keep up with the latest news and be part of our weekly giveaways and airtime…
Keep up with the latest news and be part of our weekly giveaways and airtime…
Keep up with the latest news and be part of our weekly giveaways and airtime…
Keep up with the latest news and be part of our weekly giveaways and airtime…
Keep up with the latest news and be part of our weekly giveaways and airtime…