# Dangote Industries plans $100B investment and refinery expansion by 2030

Dangote Industries Limited announced a Vision 2030 strategy to become a $100 billion enterprise, including expanding its petroleum refinery from 650,000 to 1.4 million barrels per day, its fertiliser plant to 12 million metric tonnes per annum, and its cement capacity to 90 million tonnes by 2030.

- Type: Expansion
- Announced: 2026-01-21
- Where: Nigeria
- Value: $100.0B
- Starts operating: 2030
- Status: announced
- Capacity: 1.4 million barrels per day (refinery), 12 million metric tonnes per annum (fertiliser), 90 million tonnes (cement)
- Products: petroleum products, fertiliser, cement
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Dangote Industries](https://endata.com/companies/13736.md)

## Sources

- [journalng.com](https://journalng.com/dangote-targets-100b-investment-by-20301-4m-bpd-from-refinery-in-new-expansion-strategy/), 2026-01-21: "Under this vision, we have announced the expansion of our petroleum refinery from 650,000 barrels per day to 1.4 million barrels per day, and our fertiliser plant to 12 million metric tonnes per annum."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.