• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
Wednesday, July 22, 2026
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
No Result
View All Result
Elanza News
Home News

Dangote Refinery Gets New CEO

Nathaniel Irobi by Nathaniel Irobi
August 1, 2025
in News
0
Dangote Refinery Gets New CEO
0
SHARES
11
VIEWS
FacebookTwitterWhatsappEmailTelegram

The Dangote Petroleum Refinery and Petrochemicals has appointed David Bird, the former head of Oman’s Duqm Refinery, as its new Chief Executive Officer.

A report by S&P global on Friday said, Bird heads the refinery’s petroleum and petrochemicals division in a strategic move to overcome production challenges and advance its next wave of expansion.

RelatedPosts

Kaduna Shows What Happens When Government Actually Shows Up For Farmers

Jigawa Cabinet Shake-up Looms After Governor’s Surprise Visit to Secretariat

Grassroots Group Hails Tinubu’s Leadership, Says Reforms Saved Nigeria

Effective from July 2025, the former Shell head of operations at its Balau Pokom refinery stepped in as CEO of the Dangote Group’s fuels and petrochemicals business, which commissioned the world’s largest single-train refinery last year.

Our correspondent also observed that the CEO participated at the just concluded Dangote Leadership Development Program Graduation Ceremony.

The appointment signals the company’s renewed focus on scaling production, streamlining operations, and positioning itself as a dominant force in Africa’s refining and petrochemical landscape.

The report read, “Nigeria’s Dangote Group has appointed the former head of Oman’s Duqm refinery as CEO of its petroleum and petrochemicals business as it strives to overcome production challenges and advance its next wave of expansion.”

It, however, noted that the Dangote Group founder Aliko Dangote, will remain as chairman of the refining business and CEO of the wider conglomerate, which is also active in cement, fertilizers and sugar refining.

The business is expected to tap Bird’s experience expanding the Duqm refinery and diversifying its crude slate as CEO of OQ8, a role he adopted months before the Omani complex began its first test runs in 2023.

ALSO READ:  Zamfara Forum Commends Matawalle For Reviving Education With Little Funds

Commenting on his appointment, Bird said his focus at Dangote will involve advancing the group’s footprint beyond the Nigerian market and across the African continent.

As CEO of the refining business, he will be responsible for ensuring maximum output and efficiency for the refinery, and aims to make the group a leader in the global market, a LinkedIn update noted.

The appointment comes after a string of unit upsets and “design issues” that have stalled the ramp-up process of the 650,000-b/d refinery, while its leadership has called out a hostile business environment for challenging its operations.

Since it was commissioned in January 2024, Dangote has quickly grown its market share in the Nigerian fuel sector, displacing large volumes of gasoline imports that the country once relied on.

However, Aliko Dangote has railed against “rent-seeking” trade partners and substandard fuel imports for putting strain on the business.

In a previous interview with Platts, Bird emphasised a trading-led approach to achieve a competitive edge in the refining sector, with a focus on high utilisation rates, efficiency and feedstock flexibility.

His approach aligns with a recent shift from the Dangote complex to process a wider range of crude grades, partially spurred by limited availability of the Nigerian oil it was designed to process.

However, the Nigerian refinery is still obliged to sell fixed volumes of its oil products into the domestic crude market under a naira-based trade agreement with the Nigerian National Petroleum Company, a 7.2 per cent stakeholder in the business.

As the Dangote Group eyes its next wave of growth, it plans to expand the capacity of the Lagos refinery to 700,000 barrels per day, build out port infrastructure and establish foreign storage assets in Namibia and other countries.

ALSO READ:  Trump Orders U.S. Embassies to Demand Students Make Social Media Accounts Public in Visa Application Process

In August, it is set to roll out its own distribution business with a fleet of 4,000 CNG-powered trucks.

Dangote Group officials have also shared ambitions to list the refining business on the London and Lagos stock exchanges, and Aliko Dangote reiterated plans to take the business public.

After years of setbacks and budget challenges, the speed of the refinery’s ramp-up in 2024 caught many analysts by surprise, and the complex quickly began exerting pressure on global oil benchmarks as it began exporting its products.

Yet despite beginning test runs on its main gasoline outlet, the residue fluid catalytic cracker, in Q3 2024, the company has since suffered repeated outages on the unit in 2025, forcing it to rely on its lower-yield reformer and sacrifice output over extended periods.

Speaking to Platts earlier in July, a Dangote executive said the RFCC was running at 85 per cent. He denied reports that the company will undergo a planned turnaround on the unit in December.

According to S&P Global Commodities at Sea data, Nigeria exported some 220,000 b/d of petroleum products in July 2025, when outages at NNPC facilities made Dangote the country’s only active refiner.

The complex exported 30,000 b/d of residual fuel, a refining byproduct which would normally be kept on site for further processing in the RFCC under normal operations.

Exports continue to be dominated by jet fuel, which accounted for 45 per cent of total shipments, and gasoil with a 24 per cent share.

Tags: Aliko DangoteDangote refineryDavid Bird
Previous Post

Naira Appreciates to N1,560 /$ in Parallel Market

Next Post

NOA Raises Alarm Over Circulation of Fake N1,000 Notes in Akwa Ibom

Nathaniel Irobi

Nathaniel Irobi

Related Posts

Kaduna Shows What Happens When Government Actually Shows Up For Farmers

Kaduna Shows What Happens When Government Actually Shows Up For Farmers

by Elanza
July 22, 2026
0

By. Paul Otung (PhD Econs), Senior Regional Specialist, Policy and State Capability, AGRA West Africa & Esther Ibrahim (PhD. Agric...

Jigawa Cabinet Shake-up Looms After Governor’s Surprise Visit to Secretariat

Jigawa Cabinet Shake-up Looms After Governor’s Surprise Visit to Secretariat

by Elanza
July 22, 2026
0

Speculation is rife that a cabinet reshuffle may be on the horizon in Jigawa State, following Governor Malam Umar Namadi's...

Grassroots Group Hails Tinubu’s Leadership, Says Reforms Saved Nigeria

Grassroots Group Hails Tinubu’s Leadership, Says Reforms Saved Nigeria

by Elanza
July 21, 2026
0

The Grassroots Mobilisation Initiative (GMI) on Tuesday, hailed President Bola Ahmed Tinubu’s leadership three years into office, saying his administration’s...

Next Post
NOA Raises Alarm Over Circulation of Fake N1,000 Notes in Akwa Ibom

NOA Raises Alarm Over Circulation of Fake N1,000 Notes in Akwa Ibom

China Vows full Zero-tariff Support for Nigerian Exports

China Vows full Zero-tariff Support for Nigerian Exports

Recommended

Argentina Stun England to Set Up World Cup Final Clash with Spain

Argentina Stun England to Set Up World Cup Final Clash with Spain

6 days ago
Tinubu Unveils Plan to Break Africa’s Raw Cocoa Cycle

Tinubu Unveils Plan to Break Africa’s Raw Cocoa Cycle

7 days ago

Popular News

  • Residents flee as flood ravages 10 communities in Kebbi – NEMA

    Residents flee as flood ravages 10 communities in Kebbi – NEMA

    0 shares
    Share 0 Tweet 0
  • Boost Military Morale Through Positive Coverage, Media Told

    0 shares
    Share 0 Tweet 0
  • Nigerian Govt laments gaps in polio eradication despite $500m spent

    0 shares
    Share 0 Tweet 0
  • Drama In FCT Polls As APC, PDP Candidates Step Down For Each Other

    0 shares
    Share 0 Tweet 0
  • Habila ‘s Death: Suspend Umahi Pending Independent Investigation— Forum Tell Tinubu

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (26)
  • Business (837)
  • Education (278)
  • Entertainment (454)
  • Health (260)
  • National (3,374)
  • News (10,860)
  • Opinion (461)
  • Politics (2,264)
  • Science (15)
  • Security (421)
  • Sports (770)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform