President and Chief Executive of Dangote Industries Limited, Aliko Dangote, on Saturday, February 21, 2026, hosted the Group Chief Executive Officer of Nigerian National Petroleum Company Limited, Bayo Ojulari, and other top executives at the Dangote Petroleum Refinery and Petrochemicals in Lagos.
The high level visit is seen as a significant moment in Nigeria’s oil and gas sector as industry leaders continue to explore deeper collaboration aimed at strengthening local refining capacity and enhancing energy security.
The meeting, which took place at the multi billion dollar refinery complex in Lekki, brought together senior officials from both organizations. While details of the discussions were not officially disclosed at the time of filing this report, insiders say conversations focused on strategic alignment within the downstream petroleum sector, domestic crude supply, and long term sustainability of Nigeria’s refining operations.
The Dangote Refinery, widely regarded as Africa’s largest single train refinery, has been positioned as a game changer for Nigeria’s fuel market. With a refining capacity of 650,000 barrels per day, the facility is expected to significantly reduce the country’s dependence on imported petroleum products and ease pressure on foreign exchange.
Industry observers note that collaboration between NNPC Limited and Dangote Industries remains critical to ensuring steady crude supply to the refinery. Since the refinery commenced phased operations, discussions around pricing frameworks, supply agreements, and distribution logistics have continued to shape conversations within the sector.
Saturday’s visit underscores renewed engagement between public and private stakeholders in Nigeria’s oil and gas industry. Analysts say stronger synergy between NNPC and Dangote Refinery could enhance transparency, improve product availability, and stabilize fuel supply nationwide.
The presence of top executives from both sides signals a shared commitment to strengthening Nigeria’s refining value chain. As Africa’s largest oil producer, Nigeria has long struggled with inadequate local refining capacity despite its vast crude reserves. The operationalization of the Dangote Refinery represents a major step toward reversing that trend.
While no formal communiqué was released immediately after the meeting, energy sector watchers describe the engagement as a positive development for Nigeria’s petroleum industry. With global oil markets experiencing volatility, local refining has become even more important for economic stability.
The visit also comes at a time when stakeholders are calling for improved collaboration between regulatory authorities, state owned entities, and private investors to drive efficiency across the energy sector.
As Nigeria continues to position itself as a refining hub in Africa, partnerships like this are expected to play a pivotal role in shaping the country’s energy future.
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